Fed’s Goolsbee says he’s uncomfortable front-loading too many rate cuts
Chicago Federal Reserve President Austan Goolsbee spoke Friday morning on CNBC.
Torrential rains unleash widespread flooding, evacuations in Pacific Northwest
Heavy rains drenching the Pacific Northwest triggered flooding on Thursday, closing dozens of roads and prompting evacuations of thousands of people.
JPMorgan upgrades Citigroup as profitability improves
JPMorgan’s new price target implies that shares of Citigroup could rise 11% from here.
High-end Swiss chocolatier Läderach rules out U.S. production despite tariff shock
The chocolate maker makes its products exclusively in its home country as “consumers want Swiss chocolates to be made in Switzerland.”
Nvidia considers increasing H200 chip output due to robust China demand, Reuters sources say
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Cannabis stocks surge on reports Trump will reclassify marijuana; Tilray jumps 33%
President Donald Trump will significantly ease federal restrictions on marijuana, according to the Washington Post.
‘The next protein’: Fiber is shaping up to be the latest grocery obsession
As consumers find their next grocery obsession in fiber, food and beverage companies are racing to keep up with the trend.
Stocks making the biggest moves premarket: Tilray Brands, Lululemon, Broadcom, Citigroup & more
These are the stocks posting the largest moves in premarket trading.
Citi says Boeing is a buy as the new year approaches. Here’s why
The bank initiated the aerospace and defense stock with a buy rating.
AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in
Consumers are turning to AI chatbots like ChatGPT for gift discovery, reviews and price matching, potentially driving billions in sales this holiday season.