Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED...
Check out the companies making headlines in midday trading. Rocket Lab — Stock in the aerospace manufacturer gained 3% after the U.S. Space Force listed the company as one of the firms entered in its pool of launch providers. Braze — Stock in the cloud software company added 6%...
A shopper pays with a credit card at the farmer's market in San Francisco, California, US, on Thursday, March 27, 2025. Bloomberg | Bloomberg | Getty ImagesThe deterioration in consumer sentiment was even worse than anticipated in March as worries over inflation intensified, according to a University of Michigan survey...
The Federal Reserve's key inflation measure rose more than expected in February while consumer spending also posted a smaller than projected increase, the Commerce Department reported Friday.The core personal consumption expenditures price index showed a 0.4% increase for the month, the biggest monthly gain since January 2024, putting the...
Check out the companies making headlines before the bell. Lululemon Athletica — Shares tumbled more than 11% after the athleisure retailer's 2025 guidance came in weaker than expected . Lululemon forecasts first-quarter earnings in a range of $2.53 to $2.58 per share, compared to the $2.72 expected by analysts...