Peloton, Under Armour, Monster Beverage and more
A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S., September...
From Estee Lauder to Apple, China’s Covid restrictions take their toll
Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on...
Klarna to report buy now, pay later data to UK credit bureaus
"Buy now, pay later" giant Klarna says it will start reporting data on customers' usage of its products to credit bureaus in the U.K., gearing up for incoming regulations aimed...
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
[The stream is slated to start at 08:00 ET. Please refresh the page if you do not see a player above at that time.]Bank of England Governor Andrew Bailey is...
Twitter, SeaWorld, Shopify and more
Check out the companies making headlines before the bell:Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to...
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in...
Despite the Fed’s big rate hike, most banks won’t pay much in interest
Jerome Powell, Federal Reserver Governor.Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two...
Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in...
Shopify, Etsy, Twitter and more
Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | ReutersCheck out the companies making headlines in midday trading Thursday:EPAM Systems —...
TurboTax owner Intuit to pay $141 million to customers
Intuit, the owner of popular tax filing software TurboTax, will pay $141 million in restitution to millions of low-income Americans who were "unfairly charged" for services that should have been...