China car suppliers can be early winners in the humanoid race, Morgan Stanley says
If the future is all about building mechanical mobility, whether on wheels or robotic legs, auto parts suppliers have a competitive edge.
Why electricity prices are surging for U.S. households
Electricity prices are outstripping the pace of inflation by a wide margin — a trend likely to continue in coming years, experts said.
Stocks making the biggest moves midday: GXO Logistics, CarMax, Nvidia, Circle and more
These are the stocks posting the largest moves midday.
JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets
JPMorgan, the biggest U.S. bank by assets and a leader across most major categories of finance, is relatively puny among online brokerages.
Fed Governor Waller says central bank could cut rates as early as July
The central banker said he and his colleagues should move slowly but start to ease as inflation is now longer a major threat.
Stocks making the biggest moves premarket: CarMax, Darden Restaurants, Accenture, GMS
These are the stocks posting the largest moves in early trading.
Labubu-maker’s shares slump as Chinese state media calls for stricter regulation, Morgan Stanley cuts interest
Pop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.
AI avatars in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million
Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at a 3.1% rate in 2025.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in May.