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Tariffs are ‘simply inflationary,’ economist says: Here’s how they fuel higher prices

Tariffs are ‘simply inflationary,’ economist says: Here’s how they fuel higher prices

Fang Dongxu/VCG via Getty Images There was an oft-repeated message in Federal Reserve chair Jerome Powell’s press conference on Wednesday:…
Stocks making the biggest moves premarket: Five Below, Microchip Technology, ProAssurance and more

Stocks making the biggest moves premarket: Five Below, Microchip Technology, ProAssurance and more

Check out the companies making headlines before the bell. QXO — The building products distributor added 4.8% after announcing it…
Fed holds interest rates steady, still sees two cuts coming this year

Fed holds interest rates steady, still sees two cuts coming this year

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still…
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year

Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report…
Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more

Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more

Check out the companies making headlines in midday trading: Autodesk — Shares of the design software maker rose nearly 4%…
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage…
Why uncertainty makes the stock market go haywire

Why uncertainty makes the stock market go haywire

Traders on the floor of the New York Stock Exchange on March 14, 2025, at the opening bell.  Timothy A.…
Stocks making the biggest moves premarket: General Mills, Gilead Sciences, Tesla and more

Stocks making the biggest moves premarket: General Mills, Gilead Sciences, Tesla and more

Check out the companies making headlines before the bell. HealthEquity — Shares of the health-focused fintech company plunged 15% following…
Santander says 750 jobs at risk as it pursues UK branch closures

Santander says 750 jobs at risk as it pursues UK branch closures

Jonathan Nicholson | NurPhoto | Getty Images The British unit of Spanish lender Banco Santander on Wednesday said 750 of…
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