Finance

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures opened mostly flat late Sunday as earnings season kicks off this week. Futures on the Dow Jones Industrial Average added 25 points, or 0.07%. S&P 500 futures edged 0.08% higher and Nasdaq 100 futures rose 0.17%. The three major indexes closed

In this article LEVI GM PSMT ACCD A sign in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell Thursday:  Levi Strauss — Shares of Levi Strauss added 3.2% after the retailer crushed Wall

In this article AAL People walk past GM vehicles on display at the General Motors world headquarters building at Detroit’s Renaissance Center. Paul Hennessy | SOPA Images | LightRocket | Getty Images Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) — The denim maker added about 3% after

LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between their digital currency projects. This can be achieved through a number of ways, the report

In this article WFC Smith Collection/Gado | Archive Photos | Getty Images Wells Fargo is closing all existing personal lines of credit, CNBC reported on Thursday. Some customers are likely thinking: Now what? Fortunately, there are alternatives for clients looking for ready cash, according to financial experts. They may turn to other lenders that offer

In this article BAC GS JPM SPCE AMC RCL LUV UAL AAL A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Check out the companies making headlines in midday trading. JPMorgan, Goldman Sachs, Bank of America — Bank stocks led the market comeback on Friday as

China’s Ministry of Commerce Spokesman Gao Feng addressed reporters at a regular press conference on April 29, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — China’s Ministry of Commerce plans to scrutinize foreign investment more closely on the basis of national security. The ministry’s priorities for the next five

Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures were flat in overnight trading Thursday after the major indexes fell amid concerns of a slowdown in economic growth. Futures on the Dow Jones Industrial Average added 7 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures also traded near

In this article COIN NVDA DIDI SCHW JPM KSU The RealReal exterior Soruce: CNBC Check out the companies making headlines in midday trading. Charles Schwab — Shares of the online broker dipped over 2% after Goldman Sachs downgraded the stock to neutral from buy. The Wall Street firm said investors should back away from the

A customer makes a payment using China’s digital currency, or e-CNY, at Wangfujing Department Store on February 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — China’s central bank is “quite worried” about risks to the global financial system from privately developed digital currencies, particularly so-called global stablecoins. These

One of Wall Street’s biggest bulls isn’t jumping on the growth stock bandwagon. Despite the tech-heavy Nasdaq‘s run to record highs, Credit Suisse’s Jonathan Golub prefers value trades right now. “The second quarter of this year will be the fastest GDP quarter that we had since 1952. So basically since the Marshall Plan and the

In this article DIDI PDD NIO FANG SAM A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters Check out the companies making headlines in midday trading. Didi — The

In this article BTC.CM= The Tether price displayed on cryptocurrency exchange Kraken’s website. Tiffany Hagler | Bloomberg via Getty Images Tether is the third-biggest cryptocurrency in the world by market value. And it’s got some economists — including an official at the U.S. Federal Reserve — worried. Last month, Boston Fed President Eric Rosengren raised

Wise CEO and co-founder Kristo Kaarmann. Wise LONDON — Wise, one of Britain’s biggest fintech companies, is about to go public. And it will be a major test for post-Brexit London. The money transfer firm has opted to list its shares directly on the London Stock Exchange, using a rare listing method pioneered by Spotify

A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters Take a look at some of the biggest movers in the premarket. Didi — Shares of Didi sunk about 20% in premarket

BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD sold fewer all-electric passenger cars in the first six months of this year than the same period in 2019, before the coronavirus pandemic.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high. Futures on

NEWPORT, WALES, UNITED KINGDOM – 2021/01/09: A shopper seen pushing her groceries outside Morrisons supermarket in Wales. May James/SOPA Images/LightRocket via Getty Image WM Morrison, Britain’s fourth-largest supermarket chain, could be about to become the target of an international bidding war. Apollo Global Management announced Monday it was mulling a rival bid for the retailer

A customer eyes the beverage section in a supermarket on June 9, 2021 in Handan, Hebei province. Li Hao | Visual China Group | Getty Images BEIJING — Chinese consumers spent less on daily necessities from foreign brands last year during the coronavirus pandemic, while those in smaller cities were more willing to spend than

Pedestrians walk past a Walgreens store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Didi — Shares of the Chinese ride hailing company surged more than 14% in their second day of trading, rising back above $16 per share. The stock had a muted session