Check out the companies making headlines in premarket trading. Keurig Dr Pepper — Shares slid more than 3% after the beverage maker said it would acquire Dutch coffee and tea company JDE Peet’s for around $18 billion. Once the deal is completed, Keurig plans to split its beverage and coffee businesses into two separate, publicly traded…
Foreign tourists are starting to visit China more, paving the way for industry revenue of at least $2 trillion over the next decade, Morgan Stanley analysts predict. “Thirty months after China’s full reopening [from the pandemic] in January 2023, inbound travel has surprised us in a number of positive ways,” the analysts said in an…
There’s worry retail investor exuberance in the exchange-traded fund space is flashing a warning signal for markets. As individuals pour billions of dollars into some of the riskiest pockets of the exchange-traded fund market, some experts like ETF Action’s Mike Akins question whether the trend is a sign of markets overheating. “Product proliferation in the…
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson…
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Current and former Federal Reserve officials struck a common note when asked about Lisa Cook’s situation: It’s imperative the central bank’s independence is preserved….
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat. In a CNBC interview, the policymaker did not share the market’s enthusiasm for a cut, sparked after Chair Jerome Powell’s keynote speech earlier in the morning stating that current conditions “may warrant”…
Here are some of the stocks posting the biggest moves in midday trading Friday. Mohawk Industries , Builders FirstSource – Home construction plays jumped after Federal Reserve Chair Jerome Powell hinted that rate cuts could be around the corner, sparking hopes for lower borrowing costs. Builders FirstSource jumped 8%, while flooring company Mohawk Industries added…
A “Now Hiring” sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts, August 12, 2025. Brian Snyder | Reuters Wage growth is doing something odd these days. Typically, wages grow at a faster clip each year for workers who switch jobs, compared to those who stay in…
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader in prepared remarks cited…
[The stream is slated to start at 10 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Chair Jerome Powell delivers his annual address Friday morning at the central bank’s annual symposium in Jackson Hole, Wyoming. With the…