Multiple current and former Fed officials are speaking up as Federal Reserve Governor Lisa Cook faces attacks from the Trump administration.
Here are some of the stocks posting the biggest moves in midday trading Friday.
In a CNBC interview, the policymaker did not share the market’s enthusiasm for a cut.
Job “switchers” generally see wages grow at a faster pace than those who stay in their current role. However, that trend has reversed.
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.
Markets are looking for Powell to provide strong hints about a September interest rate cut.
These are the stocks posting the largest moves in premarket trading.
In an exclusive interview with CNBC, Quan Gang, president of China’s Roborock, said human-like robots will become part of many households by 2030.
Walmart lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. The big-box retailer ended Thursday as the Dow’s biggest loser.
These are the stocks posting the largest moves in extended trading.