Finance

Dow rises more than 100 points after Fed keeps rates unchanged, tech leads

Stocks rose on Wednesday as tech shares led the way and as the Federal Reserve kept interest rates unchanged. The Dow Jones Industrial Average gained 160.29 points, or 0.6%, to close at 26,539.57. The S&P 500 climbed 1.3% to 3,258.44. The...

General Electric shares fall even after second-quarter revenue beats expectations

Larry Culp, CEO, General Electric Scott Mlyn | CNBC General Electric on Wednesday reported a revenue figure for the second quarter that slightly beat analyst expectations. However, the industrial giant's bottom line took a bigger-than-expected hit as the company tries to...

Stocks making the biggest moves in the premarket: Boeing, GE, GM, Spotify, Eastman Kodak...

Take a look at some of the biggest movers in the premarket: Boeing (BA) – The jet maker reported a quarterly loss of $4.79 per share, wider than the loss of $2.54 anticipated by analysts. Revenue was well below estimates...

Make over $55,000? Unemployment benefits may replace less than 70% of your wages under...

Steven Mnuchin, U.S. Treasury secretary, left, and Mark Meadows, White House chief of staff, speak to members of the media after the Senate Republican policy luncheon on Capitol Hill on Tuesday, July 28, 2020. Stefani Reynolds/Bloomberg via Getty Images ...

Move over Tesla: Robinhood day-trading crowd finds a new speculative favorite in Kodak

The Robinhood crowd has a new favorite speculative stock: Eastman Kodak. In the last 24 hours, more than 60,000 users have added the stock to their portfolio, making it by far the most popular stock on the millennial-favored trading app...

Stocks making the biggest moves midday: Kodak, AMD, Shopify, Boeing, General Electric & more

Getty Images Check out the companies making headlines in midday trading.  Kodak — Shares of Kodak soared about 330% after President Donald Trump tapped the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. The shares...

Fed holds rates steady, says economic growth is ‘well below’ pre-pandemic level

The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid outlook on the coronavirus-plagued economy. In a move widely expected, the central bank kept its benchmark overnight lending rate anchored near zero,...

GOP unemployment plan hurts these groups the most

Residents of Imperial County in California wait in a bookkeeping shop in Calexico after filling out unemployment forms on July 24. Photo by Mario Tama/Getty Images Senate Republicans unveiled their plan to replace an extra $600-a-week boost in unemployment benefits...

Kodak executive chairman addresses jump in trading activity before government deal was announced

Trading activity picked up in shares of Eastman Kodak before the company announced on Tuesday that it had been tapped by the Trump administration to manufacture drug ingredients, data from FactSet shows. On Monday, 1,645,719 shares traded hands, far surpassing...

Stocks making the biggest moves after hours: Qualcomm, Kodak, Qorvo, PayPal and more

A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell:  Qorvo — The semiconductor company's stock jumped 7% in extended trading after Qorvo released financial...

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