Swiss regulator rules out UBS antitrust action over Credit Suisse deal
A logo of Swiss banking giant UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Images Switzerland’s financial regulator ruled on … Read more
Economy
UK inflation, May 2024
Shoppers on the high street in the Kingston district of London, U.K. Bloomberg | Bloomberg | Getty Images U.K. inflation fell to the Bank of … Read more
Economist Sahm, who devised recession rule, says the Fed is ‘playing with fire’
Economist Claudia Sahm on CNBC’s The Exchange. CNBC The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according … Read more
Housing inflation will need to come down before the Fed can think about cutting rates
With multiple signposts showing that inflation is receding, Federal Reserve officials will spend at least part of their summer looking at one key final hurdle … Read more
Investors are most bullish since Nov. 2021, survey says
Optimism is high on Wall Street at the midpoint of the year. Investors are the most bullish they have been since November 2021, according to … Read more
LZB, NEE, KR, LEN and more
Check out the companies making headlines in premarket trading: La-Z-Boy — Shares jumped more than 9% after La-Z-Boy’s latest quarterly results beat expectations. The furniture … Read more
May retail sales rise 0.1%
A worker assists with check-out at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024. Stephanie Keith | Bloomberg | Getty … Read more
EU to challenge U.S., China strategically on trade, Vestager says
Executive Vice President of the European Commission for A Europe Fit for the Digital Age Margrethe Vestager talks to media in the Berlaymont, the EU … Read more
ADSK, AVGO, AMCX and more
Check out the companies making headlines in midday trading. Virgin Galactic – The struggling space company slid 15% as the stock’s 1-for-20 reverse stock split … Read more
BBY, TOL, ADSK and more
Check out the companies making headlines before the bell: Toll Brothers — The homebuilder gained 1.3% after Goldman Sachs upgraded it to neutral from sell. … Read more