Danny Moses of ‘The Big Short’ says the market is underestimating DOGE’s negative impact on the economy
The investor said the market is failing to discount the negative effect from federal spending cuts spearheaded by Elon Musk’s DOGE.
Tariffs are ‘simply inflationary,’ economist says: Here’s how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.
Stocks making the biggest moves midday: Meta Platforms, Jabil, ProAssurance, Carvana and more
These are the stocks posting the largest moves in midday trading.
U.S. households are more invested in stocks than ever and it’s distorting market valuation, says JPMorgan
Individual investors have become the most important holder of U.S. equities, owning around 60% of the universe.
Stocks making the biggest moves premarket: Five Below, Microchip Technology, ProAssurance and more
These are the stocks posting the largest moves in premarket trading.
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.
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 January.
Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more
These are the stocks posting the largest moves in midday trading.
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
“Partners are working with us to bring manufacturing here. In the near-term, the impact of tariffs won’t be meaningful,” the CEO said.