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Key Takeaways The U.S. debt-to-GDP ratio is the fourth largest among a group of nearly 40 developed economies, according to the Organization for Economic Co-operation and Development (OECD).Last year, the country’s debt-to-GDP ratio was the highest since World War II as spending designed to help Americans recover from the pandemic …

Key Takeaways The Nasdaq gained, while the Dow and S&P 500 were little changed at midday Wednesday, June 26, 2024 ahead of a key report on inflation due later in the week. FedEx shares jumped after the delivery giant reported profit and sales that beat estimates.General Mills reported revenue and volumes …

Stocks Making the Biggest Moves in Early Trading 21 minutes ago Gains: Rivian (RIVN): Rivian shares were up over 29%, continuing a rise that started in extended trading Tuesday after announcing it had secured a $5 billion investment from German automotive giant Volkswagen. FedEx (FDX): The package shipping giant jumped …

Nvidia (NVDA) shares are moving higher in premarket trading as investors prepare for the company’s shareholder meeting today, where votes will be held on executive compensation, board members, and other issues; shares of FedEx (FDX) are soaring after the parcel delivery service reported better-than-expected revenue and projected continued revenue growth …

Key Takeaways Shares in package delivery giant FedEx surged nearly 14% in premarket trading Wednesday after the company topped Wall Street’s quarterly earnings estimates and provided an optimistic outlook.The company’s stock has traded within a narrow 6% range over the past six weeks on below-average volume, increasing the likelihood of …

New York CNN Business — Employers and workers together are spending close to $20,000 for family health insurance coverage in 2018, according to a new Kaiser Family Foundation report. Although premiums have increased fairly modestly in recent years, the growth has far outpaced workers’ raises over time. The average family …

New York CNN Business — Bumble is the latest online dating app to compete for the hearts of women in India. Bumble, which requires women to make the first move, announced Wednesday plans to launch in India later this year. Indian celebrity Priyanka Chopra, a new investor in the company, …

The internet industry is suing the state of California over its days-old net neutrality law. The lawsuit, filed on Wednesday by major trade groups representing broadband companies, is the second major lawsuit filed against the state over the law — the first was brought by the Justice Department. On Sunday …

It’s time for investors to start making safer bets. That’s what Howard Marks, co-chairman of Oaktree Capital, told CNNMoney editor-at-large Richard Quest on “Markets Now” on Wednesday. “Defense is more important than offense” right now, said Marks, the author of “Mastering the Market Cycle: Getting the Odds on Your Side.” …

Bitcoin’s big stock market debut is coming at a bad time. Three of the world’s top makers of cryptocurrency technology are planning to sell shares, giving investors a new way to bet on digital currencies. They’re reportedly hoping to raise billions of dollars. Unlike the dollar or the euro, which …