While the Federal Reserve decision to hold off on any interest rate cuts since December is generally good news for savers, some banks have lowered their payouts anyway. On Wednesday, the central bank again opted to hold the benchmark federal funds rate steady in a range between 3.5%-3.75%. That rate typically drives the yield on …
These are the stocks posting the largest moves in midday trading. Source link
Check out the companies making the biggest moves premarket: Intel — Shares nearly 27% after the chipmaker posted first-quarter earnings that beat Wall Street’s expectations. Intel posted adjusted earnings of 29 cents per share on revenue of $13.58 billion, while analysts polled by LSEG had expected it to earn 1 cent per share on $12.42 …
Check out the companies making headlines after the bell : Intel — Shares soared 15% after the chipmaker posted first-quarter earnings that beat Wall Street’s expectations. Intel posted adjusted earnings of 29 cents per share on revenue of $13.58 billion, while analysts polled by LSEG had expected it to earn 1 cent per share on …
David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivering Alpha Investor Summit in New York City on Nov. 13, 2024. Adam Jeffery | CNBC Hedge fund manager David Einhorn said he is focusing on capital protection as markets rally on geopolitical optimism, warning that investors may be underestimating potential downside risks. “It …
Jose Luis Pelaez | Getty Images Student loan borrowers will soon be removed from the Saving on a Valuable Education, or SAVE, plan, the Trump administration announced on Friday. The Education Department said it would send guidance to the 7.5 million people who signed up for the now-defunct repayment plan. “In the guidance, the Department …
Will & Deni Mcintyre | Corbis Documentary | Getty Images The SAVE plan is officially defunct, but millions of student loan borrowers remain enrolled in the program — a decision that may cost them greatly. After lengthy legal battles, a federal appeals court earlier this month ordered the end of the Saving on a Valuable …
U.S. Treasury Secretary Scott Bessent looks on as he speaks to the media after two days of meetings with a Chinese delegation, in Paris, France March 16, 2026. Abdul Saboor | Reuters The Trump administration announced on Thursday that it will task the U.S. Department of the Treasury with collecting on defaulted student loans. Currently, …
US President Donald Trump signs executive orders relating to higher education institutions, alongside US Secretary of Education Linda McMahon (R), in the Oval Office of the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty Images More than half a million federal student loan borrowers remain in a backlog …
The U.S. Department of Education headquarters is seen on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images A federal appeals court has ordered the end of the Saving on a Valuable Education, or SAVE, plan, the Biden-administration-era repayment program that brought lower monthly bills to millions of student …