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Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to tame inflation. Speaking one day after he penned an essay suggesting that rates may have to go “meaningfully higher” from here in order to bring down prices, Kashkari told CNBC that the neutral rate of

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target department store in North Miami Beach, Florida, on May 17, 2023. Joe Raedle | Getty Images Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will close one

Signage outside a Chase bank branch in San Francisco, California, on Monday, July 12, 2021. David Paul Morris | Bloomberg | Getty Images Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The company said in a statement Tuesday that, starting Oct. 16, Chase UK

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Bob Smith, chief executive officer of Blue Origin LLC, (L), and Dave Limp, senior vice president of devices and services for Amazon.com Inc. Getty Images Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned. Smith is

10’000 Hours | Digitalvision | Getty Images Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that’s largely good news for the workers who participate in such plans, said retirement experts. Public companies in the S&P 500 stock index had an average pension “funded ratio” of

In this article DIS PARA CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the Writers Guild of America and supporters march towards La Brea Tar Pits, Los Angeles, CA.  Irfan Khan | Los Angeles Times | Getty Images Hollywood’s writers and studios have a preliminary labor agreement. Talks between the Writers Guild

In this article PDD CHTR Follow your favorite stocksCREATE FREE ACCOUNT A paramedic prepares doses of AstraZeneca vaccine for patients at a walk-in COVID-19 clinic inside a Buddhist temple in the Smithfield suburb of Sydney on August 4, 2021. Saeed Khan | AFP | Getty Images Check out the companies making headlines in early trading.

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon‘s Prime Video. The company announced Friday that its streaming service – a part of Prime subscriptions that cost $14.99 a month – will now have limited ads in its TV series and movies.

In this article Follow your favorite stocksCREATE FREE ACCOUNT A shopper for Instacart navigates through the aisles as she shops for a customer. Cyrus McCrimmon | Denver Post | Getty Images The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer.  A combination of still-high valuations, a mediocre

In this article STLAM-IT GM F Follow your favorite stocksCREATE FREE ACCOUNT UAW President Shawn Fain (center) marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the Big Three auto makers on September 15, 2023 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT

In this article SGEN PDD SCHL DE SQSP F Follow your favorite stocksCREATE FREE ACCOUNT A visitor views a titanium hybrid 2020 Ford Escape FWD small SUV at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. Chris Helgren | Reuters Check out the companies making headlines in midday trading. Ford —

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s golden arches logo is seen at a franchise restaurant owned by Rippon Family Restaurants. Paul Weaver | Lightrocket | Getty Images McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from

Fatcamera | E+ | Getty Images Long waits to receive new passports haven’t yet eased from earlier this year, as the U.S. State Department works through a backlog of applications amid high demand for international travel. While the State Department expects delays to shorten through the rest of 2023, travelers should continue to plan well

In this article STLA STLAM-IT GM F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – The United Auto Workers is expanding strikes to 38 parts and distribution locations across 20 states for General Motors and Stellantis, UAW President Shawn Fain said Friday morning. The union will not initiate additional strikes at Ford Motor, as the

Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Thursday, March 30, 2023.  Ting Shen | Bloomberg | Getty Images Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high

In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT (L-R) Supporter Ryan Sullivan, and United Auto Workers members Chris Sanders-Stone, Casey Miner, Kennedy R. Barbee Sr. and Stephen Brown picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT – With a deadline for

A sign is posted in front of a Broadcom office in San Jose, California, on June 3, 2021. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Cisco Systems, Splunk — Shares of Cisco fell 4.2% Thursday after the company said it is acquiring cybersecurity software