Finance

Brenan Hefner, co-founder and chief operating officer of Analyst Hub, and his family outside of their former home in Pelham, NY. Source: Brian Hefner Like many before him, Brenan Hefner arrived in New York 20 years ago in search of a career on Wall Street. His journey will sound familiar to those drawn to the

The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg via Getty Images The Federal Reserve has lowered the barriers on its lending program for smaller businesses as part of an effort to broaden the appeal of the sparsely used facility. In another pair

Check out the companies making headlines in midday trading.  Twitter – Shares dropped more than 20% after the social media company reported user growth that fell short of expectations amid heightened scrutiny and the challenge of handling posts around the U.S. election. Twitter ad revenue grew 15% year over year to $808 million, but the company

Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images With inflation still elusive and a host of questions surrounding an economy that just set a single-quarter record for growth, the Federal Reserve faces a choice of whether to wait for

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — As Chinese authorities prepare to build up their country in the next several years, they’re keen to ensure the rest of the world will still

CFRA’s Sam Stovall acknowledges the market may feel like a rollercoaster over the next few weeks. But he believes any damage should be contained to November regardless of who wins the presidency. “Investors say ‘okay, usually by then we know who the president is, now we can try to organize our portfolios and our mindsets

Nitat Termmee | Moment | Getty Images These days, it’s harder than ever for consumers to know if they’re getting good financial advice. Current rules make it easy — and legal — for brokers to recommend investments that aren’t in the best interest of their clients. This framework has been in place for years on

An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier | AFP | Getty Images Check out the companies making headlines in midday

Wells Fargo Securities’ Michael Schumacher has a message for investors: Buckle up. The firm’s head of macro strategy warns Wednesday’s market turbulence may just be a preview of what’s ahead. “When you think about the U.S. elections, Covid worsening [and] all sorts of other news items coming out in the next couple of weeks, it

People pass by The New York Stock Exchange. Angela Weiss | AFP | Getty Images LONDON — The coronavirus pandemic is likely to cause a long-lasting “zombification” of the global economy, a prominent research firm warns.  Agathe Demarais, global forecasting director of the Economist Intelligence Unit, suggested that those “zombie” features previously associated with the

First Solar Inc. Source: First Solar Shares of First Solar surged more than 12% in extended trading on Tuesday after the company said that sales jumped 70% year over year during the third quarter. The solar panel manufacturer handily beat analyst estimates on both the top and bottom line, earning $1.45 per share on $928

Angela Weiss | AFP | Getty Images U.S. stock futures fell on Tuesday night following a mixed session in which traders weighed a recent uptick in coronavirus infections. Dow Jones Industrial Average futures traded 150 points lower, or 0.5%. S&P 500 slid 0.6% and Nasdaq 100 futures dipped 0.4%. The Dow fell more than 200

The Harley-Davidson LiveWire electric motorcycle Source: Harley Davidson Check out the companies making headlines in midday trading. Shopify – Shares jumped more than 4% after  the Canadian e-commerce company unveiled a partnership with TikTok to help its clients advertise on the Chinese social media platform The deal allows TikTok users to click on an ad

Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Luke Sharrett | Bloomberg | Getty Images Industrial machinery manufacturer Caterpillar on Tuesday reported a 54% drop in earnings in the third quarter as equipment sales declined across all regions and segments. Caterpillar posted

Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Twilio— Shares of the communications platform company ticked down 1%

Check out the companies making headlines before the bell Monday: Dunkin’ Brands (DNKN) — Dunkin’ shares rallied more than 15% in the premarket after the company said it was in talks to be acquired by Inspire Brands, the owner of restaurant chains Arby’s and Jimmy John’s. The New York Times said a deal would take

People wearing masks pass by portraits of Chinese President Xi Jinping and late Chinese chairman Mao Zedong as the country is hit by an outbreak of the novel coronavirus, on a street in Shanghai, China February 10, 2020. Aly Song | Reuters BEIJING — Chinese President Xi Jinping is about to deepen his mark on

Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs agreed to pay more than $2.9 billion to regulators to resolve probes into its central role in an international

A visitor at Intel’s Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, India Manjunath Kiran | Getty Check out the companies making headlines after hours Thursday: Intel — Intel shares dropped 10% after the bell on the back of mixed results for the company’s fiscal third quarter. The chip maker

A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Chinese lending and wealth management firm Lufax is seeking up to $2.36 billion from a U.S. initial public offering (IPO). Earlier this month,