Stocks making the biggest moves premarket: General Mills, FedEx, Adobe and more

Check out the companies making headlines in the premarket. General Mills — Shares of General Mills added 1.7% in the premarket after the food company reported better-than-expected quarterly earnings. General Mills posted adjusted earnings of 99 cents per share compared with the analyst consensus of 89 cents per share, according…

After years of being ‘squeaky clean,’ the Federal Reserve is surrounded by controversy

The Marriner S. Eccles Federal Reserve building in Washington, D.C., on Friday, Sept. 17, 2021. Stefani Reynolds | Bloomberg | Getty Images The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud of an ethical dilemma and will be run by…

Health plans, climate set to top agenda at State of the European Union speech

Issued on: 15/09/2021 – 08:29 European Commission President Ursula von der Leyen is set to outline goals for the EU in her annual State of the Union address Wednesday. The speech is likely to acknowledge the bloc’s public health achievements during the 2020 pandemic and address future concerns such as…

Consumer prices post smaller-than-expected increase in August

Prices for an array of consumer goods rose less than expected in August in a sign that inflation may be starting to cool, the Labor Department reported Tuesday. The consumer price index, which measures a basket of common products as well as various energy goods, increased 5.3% from a year…

Tuesday’s CPI report likely to show inflation continuing to run hot, putting the Fed in tough spot

A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter…