Fed’s Williams says inflation is too high but will start coming down soon

New York Federal Reserve Bank President John Williams speaks to Economic Club of New York, in New York City, U.S., May 30, 2024. Andrew Kelly | ReutersNEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he...

Hiring stays strong for low earners, Vanguard finds

Pixelseffect | E+ | Getty ImagesFor lower-earning Americans, the pace of hiring remains strong, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned slightly, according to new data from Vanguard.The hire rate for the...

37% of Americans paid a late fee in the last 12 months, report finds

Blackcat | E+ | Getty ImagesMany consumers are finding it hard to keep up with their bills.To that point, 37% of Americans have been charged a late fee on a bill in the last 12 months, according to a new report by NerdWallet.Credit card late fees were the most common,...

Your guide to Wall Street analyst research and how to use it like the investing pros

Wall Street sell-side research is a key part of the financial markets, written by analysts working for brokerage firms, investment banks and other institutions. These analysts evaluate companies and issue recommendations to help investors – mostly institutions – make...

Stocks making the biggest moves premarket: Salesforce, Kohl’s, Foot Locker and American Eagle Outfitters

Check out the companies making headlines before the bell. Salesforce — Shares of the cloud software vendor plunged 16% after the company reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations. Revenue in the fiscal...