Yahoo Finance
Yahoo Finance
Bloomberg Markets
Former Kansas City Fed President Esther George said that Kevin Warsh will be under pressure to signal how the Fed intends to respond to inflation that has stopped cooling and “is not turning in the direction that the committee had hoped." She speaks on "Bloomberg Surveillance" at the Jackson Hole Economic Policy Symposium. (Source: Bloomberg)
Bloomberg Markets
Chevron Corp. and other US energy companies are close to finalizing deals to invest billions of dollars to help rebuild Venezuela’s oil fields, according the Wall Street Journal.
Bloomberg Markets
Federal Reserve Bank of Cleveland President Beth Hammack says the longer the central banks wait to raise rates, to more pain will be felt by everyday Americans. She speaks at the Jackson Hole Economic Policy Symposium. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
On this episode of Stock Movers:
- PayPal (PYPL) shares are declining after a consortium of Advent and Stripe has decided to abandon its pursuit of PayPal, according to people familiar with the matter.
- Marvell Technology (MRVL) shares are lower following its second-quarter fiscal 2027 earnings report, despite edging past Wall Street expectations on both profit and revenue.
- Gap (GAP) shares are soaring after the apparel retailer raised both its adjusted earnings per share and adjusted gross
Yahoo Finance
Bloomberg Markets
Two associates of President Xi Jinping were ousted from China’s legislature as the paramount leader vows no mercy in his push to clean up the military.