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Economy
Stocks making the biggest premarket moves: Eli Lilly, Travelers, United Airlines, Alcoa and more
Check out the companies making the biggest moves in premarket trading: Eli Lilly , ResMed — Eli Lilly's stock moved 2% higher following the pharmaceutical giant's announcement that…
Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says
Robert Holzmann, governor of Austria's central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023.Bloomberg | Bloomberg | Getty ImagesTensions in the…
Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’
One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.The Washington DC-based…
High company valuations a ‘worry,’ IMF’s capital markets chief says
Financial Counsellor and Director of the Monetary and Capital Markets Department Tobias Adrian hold the press briefing of the Global Financial Stability Report at the International…
Photos show heavy rain and severe flooding in the United Arab Emirates
Storms and heavy rain have caused flooding in some Gulf states, leading to the Tuesday closure of Dubai's airport — one of the busiest in the world.The United Arab Emirates,…
Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop
President Joe Biden's administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people…
Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn't deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported Monday.Retail sales increased 0.7%…
‘Iran is in for the long haul’ with oil tanker hijacks, expert says, as U.S. considers more sanctions
Iranian soldiers take part in an annual military drill in the coast of the Gulf of Oman and near the strategic Strait of Hormuz.Anadolu | Anadolu | Getty ImagesThe containership…
Bitcoin halving is likely this week — here’s what you need to know
The bitcoin "halving" is almost upon us.This technical event, written in bitcoin's code, happens every four years. In simple terms, it is when the rewards for bitcoin miners are…
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day:1. RetreatingStocks fell Monday and yields rose as investors worried about the conflict in the…