Federal Reserve Governor Michelle Bowman said Saturday she supports the central bank’s recent big rate increases and believes they should continue.
Schlagwort-Archiv: CNBC
Berkshire Hathaway reports operating earnings surge, but posts big investment loss amid market rout
Berkshire Hathaway’s operating profits jumped in the second quarter despite fears of slowing growth.
Stocks making the biggest moves midday: Lyft, Carvana, Warner Bros. Discovery, DraftKings
These are the stocks posting the largest moves in midday trading.
Here’s where the jobs are for July 2022 — in one chart
There was an appetite for workers particularly in the service sector, which has been grappling with labor shortages.
Long-term unemployment tumbles to its pre-pandemic level, helping to ‚mitigate the risks of labor-market scarring‘
Being jobless for six months or more can expose households to more financial risk. The long-term unemployment rate has now returned to pre-pandemic levels.
Stocks making the biggest moves premarket: Expedia, Block, Lyft and more
These are the stocks posting the largest moves before the bell: Expedia, Block, Lyft and more.
Does the Inflation Reduction Act violate Biden’s $400,000 tax pledge? Expect ‚a different answer depending on who you ask,‘ says analyst
The answer is more complicated than it may sound. Broadly, it depends on what you consider a „tax“ and how you account for the bill’s aggregate benefits.
A ’shakeout‘ among mortgage lenders is coming, according to CEO of bank that left the business
Surging interest rates and home prices that have yet to decline have put housing out of reach for many Americans and shut the refinance pipeline for lenders.
Hacked crypto startup Nomad offers a 10% bounty for return of funds after $190 million attack
Crypto startup Nomad this week lost around $190 million in a devastating security exploit.
Taiwan’s trade with China is far bigger than its trade with the U.S.
Taiwan’s business and economic ties with mainland China and Hong Kong have grown so large that the region is by far the island’s largest trading partner.