Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal

Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates, minutes released Wednesday showed.”Participants affirmed that additional favorable data were...

Stocks making the biggest moves midday: Paramount Global, Tesla, MGM Resorts and more

Check out the companies making headlines in midday trading: Paramount Global — The media and entertainment stock popped nearly 7% on news that Skydance Media has reached a preliminary merger deal with controlling shareholder National Amusements. Paramount...

Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say

Former President Donald Trump, left, and President Joe Biden face off in the first debate of the 2024 presidential campaign, in Atlanta, June 27, 2024.Andrew Harnik | Getty Images News | Getty ImagesThe recent U.S. presidential debate saw both candidates trade barbs...

One of the biggest bears in this bull market is leaving JPMorgan

JPMorgan’s Marko Kolanovic.Crystal Mercedes | CNBCA top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm.Marko Kolanovic, who served as chief global markets strategist and co-head of global research, is...

Stocks making the biggest moves premarket: Paramount, Tesla, Constellation Brands and more

Check out the companies making headlines before the bell. Paramount Global — Shares of Paramount Global surged more than 12% on news that Skydance Media has reached a preliminary deal to buy National Amusements, the company’s controlling shareholder. The New...