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Check out the companies making headlines ahead of the bell. Constellation Energy – The energy stock added 2% after an upgrade from neutral to buy at Bank of America. Analyst Ross Fowler said the company was well positioned to benefit…
A measure of wholesale prices rose more than expected in November, suggesting that progress in lowering inflation has slowed, the Bureau of Labor Statistics reported Thursday. The producer price indexwhich measures what producers get for their products in the final…
CNN — U.S. wholesale inflation rose last month, an unwelcome sign that some prices may be heating up before they trickle down to consumers. The Producer Price Index, a measure of average price changes seen by producers and manufacturers, rose…
CNN — Presidents do not typically choose the director of Voice of America, the international news broadcaster funded by the US government. But President-elect Donald Trump says he wants his ally Kari Lake to take over VOA. Trump on Wednesday…
Here are the top five things investors need to know to start their trading day: 1. Twenty thousand The Nasdaq Composite It closed above 20,000 for the first time on Wednesday, ending the day 1.77% higher at 20,034.89. Technology stocks…
US President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, US on December 10, 2024. Kevin Lamarque | Reuters President Joe Biden will commute the sentences of nearly 1,500 felonies and pardon another 39,…
CFPB Director Rohit Chopra testified at a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau He announced the final on Thursday the version of one…
New York CNN — Import taxes will rise under the incoming Trump administration, forcing Americans to pay more for everything from foreign sneakers and toys to food, according to new research. The items most vulnerable to price hikes from President-elect…
New York CNN — Drug stores in the United States are struggling. Especially Walgreens. Shares of Walgreens have plunged more than 80% over the past five years, making the company one of the worst-performing stocks over that span. It is…
BEIJING, CHINA – NOVEMBER 9: Chinese President Xi Jinping attends a meeting with Indonesian President Prabowo Subianto (not pictured) at the Great Hall of the People on November 9, 2024 in Beijing, China. Florence Lo | Getty Images China confirmed…