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Finance
Russia-Ukraine war updates for 18 Oct., 2023
At least seven killed in Russian strikes, Ukrainian officials sayResidential building damaged as a result of a missile attack on October 18, 2023 in Zaporizhzhia, Ukraine. Four…
Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases while it watches progress unfold in its…
As Rite Aid’s bankruptcy shutters drugstores, these retailers will benefit
Rite Aid's bankruptcy is likely to be a bigger boost to retailers such as Walmart and Costco than it will be to other drugstore chains, according to UBS. And as drugstore closures…
Stock market today: Live updates
A trader works on the floor of the New York Stock Exchange. Peter Kramer | CNBCStock futures inched higher Wednesday evening.Futures tied to the Dow Jones Industrial Average added…
Stocks making the biggest moves after hours: Netflix, Tesla, Lam Research, Las Vegas Sands and more
Check out the companies making headlines in after-hours trading. Netflix — Shares of the streaming giant soared 12% after beating Wall Street's expectations for profits in the…
New report indicates sluggish iPhone 15 sales in China. How to play Apple stock now
Market Movers rounded up the latest reactions on Apple from investors and analysts. Ahead of a busy holiday season, the tech giant's iPhone 15 sales are down 4.5% in China after 17…
We’re lowering our price target on Morgan Stanley as shares tumble on earnings results
Morgan Stanley (MS) reported better-than-expected third-quarter results Wednesday, even as investor disappointment over its wealth management business and the prolonged slump in…
Fed Chair Powell to deliver key speech Thursday: Here’s what to expect
U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in…
The 30-year fixed mortgage rate just hit 8% for the first time since 2000 as Treasury yields soar
JB Reed | Bloomberg | Getty ImagesThe average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning, according to Mortgage News Daily. That is the highest level…
Bad news for commercial real estate: Architects report a big drop in business
Construction workers erect a building in downtown Miami, Florida, on June 14, 2023. Jim Watson | AFP | Getty ImagesArchitecture firms reported a sharp drop in business in…