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Stocks making the biggest moves premarket: Coinbase, AMC, Chewy, First Republic and more
Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021.Michael Nagle | Bloomberg |…
Bank of England hikes interest rates by 25 basis points after inflation surprises
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021.Hollie Adams | Bloomberg | Getty ImagesLONDON — The Bank of England on Thursday…
Tencent’s online ad revenue grows for the first time in more than a year
Chinese tech giant Tencent released quarterly results Wednesday.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese tech giant Tencent reported better-than-expected quarterly…
Wells Fargo lists financial instability as biggest economic risk post-Fed decision
A major Wall Street firm is ranking financial instability over inflation as the biggest economic risk for the next three months.In an interview following the Federal Reserve's…
Stocks making the biggest moves after hours: Steelcase, Coinbase, KB Home and more
All Coinbase Japan customers will have until Feb. 16 to withdraw their fiat and crypto holdings, the company said in a blog post.Jakub Porzycki | Nurphoto | Getty ImagesCheck out…
Regional bank shares fall as Fed persists with rate hikes despite industry turmoil
First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California.Tayfun Coskun | Anadolu Agency | Getty ImagesRegional bank stocks spiraled lower Wednesday…
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Feb. 1.The notable changes include…
Fed hikes rates by a quarter percentage point, indicates increases are near an end
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that…
The Fed forecasts just one more rate hike this year
United States Federal Reserve building, Washington D.C.Lance Nelson | The Image Bank | Getty ImagesThe Federal Reserve will hike interest rates just one more time in 2023 before…
The IRS plans to tax some NFTs as collectibles — and the rich would pay up to 28% on profits
Digital artist FEWOCiOUS auctions five NFT works of art, along with five physical paintings and drawings at Christie's on June 28, 2021 in New York.Noam Galai | Getty Images…