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Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’

Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’

To say Wall Street isn’t a fan of Zohran Mamdani would be an understatement. In fact, high-profile investors and business…
Stocks making the biggest moves after hours: Micron, H.B. Fuller, Kratos Defense & Security Solutions and more

Stocks making the biggest moves after hours: Micron, H.B. Fuller, Kratos Defense & Security Solutions and more

Check out the companies making headlines in after-hours trading. Micron – The maker of memory and storage products rose almost…
Divided Fed proposes rule to ease capital requirements for big Wall Street banks

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

Chairman of the US Federal Reserve Jerome Powell speaks alongside Michelle Bowman (L), Board Vice Chair for Supervision, Lisa Cook…
Stocks making the biggest moves midday: AeroVironment, BP, Flagstar, QuantumScape and more

Stocks making the biggest moves midday: AeroVironment, BP, Flagstar, QuantumScape and more

Check out the companies making the biggest moves midday: AeroVironment — The defense contractor rallied more than 22% after reporting…
Watch Fed Chair Jerome Powell testify live before Senate banking panel

Watch Fed Chair Jerome Powell testify live before Senate banking panel

Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as…
Stocks making the biggest moves premarket: FedEx, Coinbase, Bumble and more

Stocks making the biggest moves premarket: FedEx, Coinbase, Bumble and more

Check out the companies making headlines before the bell. Bumble — The online dating service surged 16% premarket after disclosing…
China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok,…
China’s Li urges not to turn trade into a political or security issue

China’s Li urges not to turn trade into a political or security issue

Chinese Premier Li Qiang spoke at the World Economic Forum’s annual “Summer Davos” event in 2024, which was held in…
Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more

Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more

Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter…
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary…
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