Shares of Intel, Monday's biggest Nasdaq gainer, are extending their increases in premarket trading as CEO Lip-Bu Tan begins his role at the helm of the struggling chipmaker.
Tighter credit, slower spending by better-off households may further cloud Fed outlook
Tumbling stock markets and signs of tightening credit may make the Federal Reserve's job even more difficult this week as U.S. central bank policymakers try to weigh whether consumer spending will suffer as households take stock of the potential blow to their net worth and greater difficulty in obtaining loans. U.S. retail sales for February, reported on Monday in the last set of hard economic data Fed officials will see before kicking off their two-day policy meeting on Tuesday, were weaker than expected. The Fed will release a new policy statement at 2 p.m. EDT (1800 GMT) on Wednesday.
After 2-day rally, Wall Street strategists say stock sell-off has 'further to go' as Fed, tariff deadlines loom
Wall Street strategists don't believe there's been a clear catalyst for investors to flip bullish again after the S&P 500's recent slump.
Best money market account rates today: March 18, 2025 (earn up to 4.50% APY)
Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.
Hiltzik: Most of what you've heard about the stock market's gyrations is wrong, probably
The stock market has plunged rapidly this year, but it was already looking overheated.
Pasadena-based Tetra Tech's stock falls after Trump's USAID cuts
The Pasadena-based company, which provides consulting and engineering services, was awarded multibillion-dollar USAID contracts last year, but the Trump administration has been slashing foreign aid.
Dismissing economic morale as 'fake' has real consequences: Morning Brief
Rejecting economic vibes was a mistake of the past administration, but now the White House is dismissing the vibes and the data.
Mortgage and refinance rates today, March 18, 2025: Rates fluctuate before Fed meeting
These are today's mortgage and refinance rates. The 30-year rate has decreased today, but rates on some other terms have increased. Lock in your rate today.
Trade tensions prompt air cargo market uncertainty
Freight forwarders and shippers are delaying contract negotiations, while carriers assess summer schedules, according to Xeneta.
Samsung to face questions from shareholders after AI chip failings, stock price drop
Samsung Electronics is set for a tough annual general meeting on Wednesday with shareholders frustrated by its failure to ride a boom in artificial intelligence that made it one of the worst-performing tech stocks last year. Co-CEO Han Jong-hee and the head of its chip division Jun Young-hyun will be among executives attending the meeting which is scheduled to start at 9 a.m. (0000 GMT). In internal meetings, Samsung has acknowledged it has lost its technological edge.