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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:02:00

Inflationary pressures. reporter: notably president biden also tried to paint a contrast with republicans labeling their agenda as an extreme maga agenda, a rernferee to former president donald trump, the president showing some of the battle lines he is expected to draw heading into the midterm elections in november. thank you very much. the breaking news is in, the federal reserve will raise interest rates by 0.5%. cnn s matt eagan joins us now. as expected? reporter: this is as expected, and yet, victor this is historic. we haven t seen the fed do anything like this in almost exactly 22 years back when bill clinton was in the white house, and this means that borrowing costs are going to be going up for everyone. it means higher interest on credit cards, on car loans, mortgage rates are spiking by the most we ve seen in four decades. normally the fed prefers to just gradually raise interest rates moving them up by a quarter of a percentage point every meeting. they d sort of be ....

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Ping Identity Holding Corp. (NYSE:PING) Expected to Announce Earnings of -$0.01 Per Share

Wall Street brokerages expect that Ping Identity Holding Corp. (NYSE:PING – Get Rating) will post earnings per share (EPS) of ($0.01) for the current quarter, according to Zacks. Six analysts have provided estimates for Ping Identity’s earnings. The lowest EPS estimate is ($0.07) and the highest is $0.06. Ping Identity posted earnings of $0.04 per […] ....

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LONDON/HONG KONG (Financial Times) HSBC's largest shareholder, Chinese insurance company Ping An, has called for the U.K. bank to break itself up, ....

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