Finance

Starling CEO Anne Boden. Harry Murphy | Sportsfile for Web Summit via Getty Images AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure. “It is very dangerous,” Anne Boden, who founded Starling in 2014, warned Tuesday

In this article JPM J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil prices as high as $150 a barrel. “There could be some potential

FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021.  Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Target — Shares of the retailer fell more than 4% after the company said it will take a short-term hit to profits as

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $350 million and pay part of that as a dividend if the deal is consummated,

Traders on the floor of the NYSE, June 3, 2022. Source: NYSE Stock futures were little changed Monday evening after a sleepy day of trading as investors await key inflation data due out later in the week. Futures tied to the Dow Jones Industrial Average inched higher by 0.01%. S&P 500 futures and Nasdaq 100

In this article RUN DIDI TWTR Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies —

A handful of tourists visit the normally packed Yuyuan Garden during the Dragon Boat Festival holiday on June 4, 2022, in Shanghai, where authorities are allowing a return to normal life and business activity. Vcg | Visual China Group | Getty Images BEIJING — China is starting to show signs of recovery from the latest

Traders on the floor of the NYSE, June 3, 2022. Source: NYSE Stock futures were little changed in overnight trading Sunday after a losing week as investors continued to bet that the Federal Reserve will tighten monetary policy aggressively to combat surging inflation. Futures on the Dow Jones Industrial Average gained 30 points. S&P 500

Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick. The transition from the economic conditions that followed the 2008 financial crisis

In this article HPE GME CIEN LE DBI HRL Check out the companies making headlines before the bell: Hormel (HRL) – Hormel added 1.7% in premarket trading after beating top and bottom-line estimates for its latest quarter. The company behind the Spam, Dinty Moore and Jennie-O food brands backed its earlier full-year sales guidance and

In this article GME HPE MDB MSFT Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading Thursday. Microsoft — Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft

Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with a series of aggressive interest rate increases ahead. “I think the Fed has shown that we’re in the process of recalibrating our policy to get inflation back down to our 2%

In this article TSLA CRWD RH LULU TPTX KSS Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes

People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Check out the companies making headlines in extended trading. Lululemon Athletica — Shares of the athleisure

Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jones Industrial Average were up about 78 points. S&P 500 futures and Nasdaq 100 futures were both higher by 0.3%.

Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed policymakers will remain data-dependent, Brainard said the most likely path will be that the increases will continue until inflation is tamed. “Right now, it’s

A WeRide robotaxi with health supplies heads to Liwan district on June 4, 2021, in the southern Chinese city of Guangzhou. Southern Metropolis Daily | Visual China Group | Getty Images BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in. It’s a

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. Andrew Kelly | Reuters U.S. stock futures were flat Wednesday night as economic concerns dragged down investor sentiment. Futures tied to the Dow Jones Industrial Average edged lower by 13 points, or

In this article JPM Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised

Chinese electric car company WM Motor, or Weltmeister, filed Wednesday to go public in Hong Kong. Pictured here is one of the company’s cars in a shopping mall in Shanghai. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese electric car start-up WM Motor filed Wednesday to go public on the Hong Kong