Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will...
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics —...
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment for the central bank.At his news conference following Wednesday's open market committee meeting, Powell used variations of the word no fewer than eight times as he...
LAS VEGAS, United States, September 19th, 2024, ChainwireBlockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
A health-care worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, Jan. 26, 2022.Vanessa Leroy | Bloomberg | Getty ImagesThe Food and Drug Administration on Monday approved updated Covid vaccines from Pfizer and Moderna, putting the shots...
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022.Ting Shen | Bloomberg | Getty ImagesJPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy...
Devin Singletary #26 of the Buffalo Bills runs the ball against the New York Jets at Highmark Stadium on December 11, 2022 in Orchard Park, New York.Timothy T Ludwig | Getty ImagesCharter and Disney have reached a rights deal, and the media industry was duped.The Wall Street Journal ran...
Choochart Choochaikupt | Istock | Getty ImagesAmerican consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York Federal Reserve survey released Monday.Respondents indicating that the ability to get loans, credit cards and mortgages is harder now than...
After two weeks of Wall Street whispers and nearly 30 years of service, Laurence Stein is leaving Goldman Sachs. Goldman confirmed Monay that Stein, the bank’s executive vice president and chief operating officer of its asset and wealth management division, has decided to retire from the firm at the end...
