Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more
These are the stocks posting the largest moves in midday trading.
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86 days ago
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
Passive investing is compounding the growth stock bubble, raising risk of a bust, Bank of America says
Passive investing has reached a "critical mass," warns a Bank of America strategist.
Chevron will slash up to 20% of its workforce as part of cost-cutting plan
The layoffs will begin this year with most of the cuts complete before the end of 2026.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Google says U.S. is facing a power capacity crisis in AI race against China
China's DeepSeek sent the shares of major power companies tumbling in late January on speculation that its AI model is cheaper and more efficient.
Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.
87 days ago
Tequila, mezcal are the only spirits growing in sales, but tariffs would be 'catastrophic,' industry group says
U.S. spirits sales declined in 2024 despite maintaining its market share ahead of beer and wine. Tequila and Mezcal grew, but tariffs could change that.
Amazon opens beauty and personal care store in Italy as part of brick-and-mortar expansion
Amazon has continued to tweak its physical store footprint over the years, opening and closing bookstores, cashierless convenience marts and clothing stores.
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