A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said Thursday, as the central bank prepares to get inflation under control.
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| News: What you need to know about the markets | | | | | | Fed Chairman Powell: A half-percentage point interest rate hike is 'on the table' for May
| | A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said Thursday, as the central bank prepares to get inflation under control. Read more » | | | Carl Icahn slams McDonald's over animal welfare practices in fiery letter to investors
| | In a scathing open letter to McDonald's shareholders, legendary investor Carl Icahn said the company's leadership was "failing" its investors and misleading the public about its animal welfare practices. Read more » | | | Why Tesla's stock is still defying gravity
| | Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic but are now sputtering. Yet Tesla, which skeptics have long said is overvalued based on rosy projections for the future, is experiencing a much softer landing. Read more » | | | Buckle up: The Fed is about to get tough on inflation
| | Last month, the Federal Reserve raised interest rates for the first time since December 2018. Now there are growing expectations that the central bank is about to dramatically step up the size and pace of its rate hikes in order to put a brake on surging consumer prices. Read more » | | | After two years of losses, airlines expect record revenue
| | After two years of massive losses, US airlines are about to be reporting profits once again. Read more » | | | Ackman gives up on Netflix, taking $400 million loss as shares tumble
| | Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service's stock plunged following news that it lost subscribers for the first time in a decade. Read more » | | | | | | | | | |
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| | | -368.03 | | -278.41 | | -65.79 | | 34,792.76 | | 13,174.65 | | 4,393.66 | | -1.05% | | -2.07% | | -1.48% | | YTD -4.25% | | YTD -15.79% | | YTD -7.82% | | | |
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| Biggest Winners | | AT&T Inc | +4.01% | | | | Nucor Corp | +3.75% | | | | Dow Inc | +2.92% | | | | Delta Air Lines Inc | +2.73% | | | Biggest Losers | | Freeport-McMoRan Inc | -9.92% | | | | Mosaic Co | -9.38% | | | | Quanta Services Inc | -9.12% | | | | Equifax Inc | -8.34% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $103.96 | +1.77 / +1.73% | | | Gold | $1,952.90 | -2.70 / -0.14% | | | 10-yr | 2.92% | +0.08 | | | Euro | $1.08 | -0.00 / -0.11% | | |
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