UK inflation rate drops more than expected to 3.9% in November
LONDON, UK - Sept. 2021: People seen dining outdoors in Soho in London in September 2021.SOPA Images | LightRocket | Getty ImagesLONDON — U.K. inflation fell by more than expected in to hit 3.9% in November, in the lowest annual reading since September 2021.Economists polled by...
Tesla cut EV prices in China more than BYD did for its flagship Han sedan this...
BYD's Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China.Evelyn Cheng | CNBCBEIJING — Tesla cut prices for its electric cars in China by more than BYD did for its flagship Han sedan, according to analysis...
Stocks making the biggest moves premarket: U.S. Steel, Affirm, Illumina and more
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares popped more than 28% after Japan's Nippon Steel said it would buy the company at $55 per share, a deal that values the American steel company at $14.9 billion, including debt. Affirm —...
Fed’s Goolsbee says he was ‘confused’ by last week’s...
A Federal Reserve official said Monday that the market may have misunderstood the central bank's intended message last week after stocks and bonds rallied sharply.The Fed voted last week to hold rates steady once again, and its updated projections showed an expectation of three...
Generative AI has landed on Wall Street. Here’s how it can help propel...
Yuichiro Chino | Moment | Getty ImagesLike it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the way firms do business.To be clear, artificial intelligence, like natural language processing and machine learning, has...