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Fed Releases Long-Awaited Study on a Digital Dollar But Doesn't Take a Position Yet on Creating One
The Fed released its exploration of a digital dollar, exploring the pros and cons of the much-debated issue and soliciting public comment.
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Stocks Making the Biggest Moves Midday: Marriott, Mastercard, Casper, Etsy and More
These are the stocks posting the largest moves in midday trading.
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Jobless Claims Jump to 286,000, the Highest Level Since October
Initial filings totaled 286,000, well above the estimate of 225,000 and a substantial gain from the previous week’s 231,000.
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Dow Falls 300 Points, Gives Up Earlier Gains as Wall Street's Struggles Persist
Stocks moved lower on Thursday as Wall Street continues to struggle this year in a rising interest rate environment.
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SoFi Stock Soars After Clearing Final Regulatory Hurdle to Become a Bank
Shares of SoFi rallied on Tuesday following news that the fintech cleared its final regulatory hurdle in becoming a bank.
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Stocks Making the Biggest Moves Midday: Activision Blizzard, Goldman Sachs, Peloton, Moderna and More
These are the stocks posting the largest moves in midday trading.
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Mastercard Strikes NFT Payments Deal With Coinbase Amid a Wave of Recent Crypto Partnerships
Coinbase customers will be able to use Mastercard credit and debit cards to make purchases the crypto company’s upcoming NFT marketplace.
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The Fed Is About to See a Lot of New Faces. What It Means for Banks, the Economy and Markets
In what likely will just a few months’ time, the Federal Reserve will look a lot different.
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Stocks Making the Biggest Moves Midday: JPMorgan, Wynn Resorts, Sherwin-Williams, Disney and More
These are the stocks posting the largest moves in midday trading.
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Retail Sales Dropped 1.9% in December as Higher Prices Caused Consumers to Curb Spending
The advance monthly sales report to close out the year showed a decline of 1.9%, considerably worse than the Dow Jones estimate for just a 0.1% drop.
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Australia Cancels Novak Djokovic's Visa for the Second Time
Tennis star Novak Djokovic has had his visa canceled once again ahead of the Australian Open as the furor over his vaccination status intensifies.
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Fed's Harker Calls for ‘Action on Inflation,' Sees 3 Or 4 Rate Hikes Likely This Year
Philadelphia Federal Reserve President Patrick Harker said he foresees three or four interest rate hikes this year as likely to fight inflation.
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Wholesale Prices Jump Nearly 10% in 2021, Another Sign of Growing Inflation
The producer price index was expected to rise 0.4% in December. Jobless claims were forecast to total 200,000.
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Stocks Making the Biggest Moves Midday: DoorDash, Biogen, T. Rowe Price, Crocs and More
These are the stocks posting the largest moves in midday trading.
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Inflation Rises 7% Over the Past Year, Highest Since 1982
The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.
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Fed Chair Powell Says Rate Hikes, Tighter Policy Will Be Needed to Control Inflation
Federal Reserve Chairman Jerome Powell declared Tuesday that the economy is both healthy enough and in need of tighter monetary policy.
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Watch Fed Chair Jerome Powell Testify Live at His Senate Confirmation Hearing
Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking Committee as part of his confirmation process.
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Dow Rises 180 Points, Nasdaq Rallies for Second Day as Tech Shares Rebound
U.S. stocks moved higher on Tuesday after testimony from Fed Chair Jerome Powell.
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Stocks Making the Biggest Moves After Hours: Intel, Micron, Wynn Resorts and More
These are the stocks posting the largest moves in after hours trading.
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Fed Vice Chair Clarida to Step Down Early Following Scrutiny Over His Trades During Pandemic
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term.
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