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A California woman says her estranged husband filed a joint federal tax return using her Social Security number without her consent, redirected more than $14,000 in refunds to his own bank account, and left her dealing with the fallout while...
GE HealthCare Technologies (NASDAQ:GEHC) executives said the company remains confident in its long-term growth prospects despite a disappointing first quarter that led to a reduction in full-year guidance, citing inflationary cost pressures as the primary near-term challenge. Speaking at a Bank of
Investing.com -- A major liquidation event targeting long orders flushed massive leverage across the digital asset market overnight, forcing Bitcoin down near the $78,000 mark. The world’s leading crypto was trading at $78,030.1 as of 05:51 ET (09:51 GMT).
Arm Holdings is facing an antitrust probe by the U.S. Federal Trade Commission over the British chip designer's licensing of its semiconductor technology, part of ongoing global scrutiny of the business, Bloomberg News reported on Friday. The FTC is investigating whether Arm is trying to illegally monopolize parts of the semiconductor market. It is looking to assess if Arm will reject or downgrade the licensing agreements for its chip blueprints used to design central processing units, the report said, citing people familiar with the matter.
Fears of a 2022-style inflation problem are bubbling back up, but there’s also hope for a Trump pivot on the Iran conflict.
Global stocks slumped and oil prices rose Friday with worries about sustained inflation driving up bond yields with no conclusion to the Iran war in sight."Today the catalyst is really the rally in bond yields, bond markets are under pressure as oil prices rise.
(Updates prices) Gold traded lower midafternoon Friday as the dollar and yields climbed on conce
Higher oil prices could pressure consumers, inflation and investment while keeping South Africa's reform trajectory in focus.
Japan and the U.K. have more to do with today's sell-off than the end of Powell's rein at the Fed.
Nvidia Drops, Marvell Slides 5% as AI Chip Rally Loses Steam
The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...
Gold traded sharply lower early Friday as the dollar and yields climbed on concerns around inflation
Asian stock markets retreated Friday as traders weighed geopolitical concerns, inflation, labor issu
By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares dived on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets
After a long and controversial process, the U.S. Senate approved Kevin Warsh as the next chair of the Federal Reserve.
The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut. Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, ... Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.
Investors got bad news on the inflation front for the second day in a row.
An analyst firm is stepping back on price, but not on conviction. KeyBanc lowered its price target on On Holding to $43 from $58 while keeping its Overweight rating, framing the move as a recalibration tied to tariff exposure rather than a break in the long-term growth thesis. For investors weighing the premium athletic name, ... KeyBanc Cuts On Holding Price Target to $43: Tariff Concerns Pressure the Growth Story
Inflation complicates Fed’s rate plans, Trump’s global tariffs get a reprieve, plastic prices are surging, and more news to start your day.
FEATURE Intel stock and shares of other semiconductor companies were gaining early Wednesday. The chips rally looked set to resume after a blip the previous day. Intel shares were up 4% in premarket trading, while Advanced Micro Devices was rising 2.
The e-commerce platform can't jettison plausible monopoly claims made by the buy now, pay later company, a federal judge ruled Monday.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the S&P 500 falling from a record high during the session after a hotter-than-expected April inflation report consolidated worries that the Federal Reserve will not cut interest rates this year. Headline Consumer Price Index accelerated to 3.8% year-over-year in April from 3.3% prior, the highest reading si
Siemens Aktiengesellschaft (ETR:SIE) reported higher orders, revenue growth and stronger free cash flow in its fiscal second quarter, while management said geopolitical uncertainty and currency headwinds remain key risks for the rest of the year. Chief Executive Roland Busch said Siemens continued
The Bitcoin miner whiffed on both the top and bottom lines in its first quarter.
Chip stocks got beat up after the latest inflation report. The tech-heavy Nasdaq was down 0.7%, the S&P 500 was down 0.2% while the Dow gained 56 points, or 0.1%. Notably, almost all major chip stocks were down, barring Nvidia.
(Bloomberg) -- Treasuries fell as rising oil prices threatened to keep inflation at levels that could prompt the Federal Reserve to raise interest rates next year.Most Read from BloombergInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaIran Makes New Offer on Uranium in Response to US, WSJ SaysNvidia’s CEO to Miss China Trip After Year of Travels With TrumpYields were higher by three to five basis points near session
I am opening with the bottom line. Wells Fargo (NYSE:WFC) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal ... Wells Fargo Set for 16% Upside Despite Recent Selloff
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