Finance

A Columbia Sportswear Company sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening

The stock sell-off deepened on the last day of January on concerns that the deadly coronavirus will disrupt the global economy, and in the process ruin an old market indicator that was signaling a positive year. As goes January, so goes the year — this Wall Street saying from the widely watched “January barometer” suggests

Traders work on the floor at the New York Stock Exchange, January 14, 2020. Brendan McDermid | Reuters Federal Reserve officials this week affirmed their commitment to staying put on interest rates for the time being, but markets have other ideas. The fed funds futures market, where traders go to bet on the central bank’s

Customers look on as a Walmart cashier rings up their purchases at a Walmart store on August 15, 2019 in Richmond, California. Justin Sullivan | Getty Images U.S. consumer sentiment came in marginally above expectations and within striking distance of a cyclical peak amid strength in the labor market and strong increases in income, data

An employee assembles an excavator at the Caterpillar Inc. manufacturing facility in Victoria, Texas. Callaghan O’Hare | Bloomberg | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Caterpillar earnings Industrial giant Caterpillar is set to report quarterly earnings before the bell Friday. Investors will look

Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Check out the companies making headlines after the bell: Amazon – The e-commerce giant’s stock surged more than 10% in extended trading after the company reported better-than-expected results for the fourth quarter. Amazon reported earnings of $6.47 per share on revenue of $87.44 billion, while analysts

Check out the companies making headlines before the bell: Coca-Cola (KO) – The beverage giant matched estimates with quarterly earnings of 44 cents per share, with revenue above Street forecasts. Coca-Cola also said it had its largest market share gain – as measured by value – in nearly a decade. Verizon (VZ) – Verizon missed

2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. Kai Pfaffenbach | Reuters Deutsche Bank on Thursday posted a full-year net loss of 5.3 billion euros ($5.8 billion) amid a huge transformation project, the cost of which the German lender said is now 70% complete. The German lender announced

[The stream is slated to start at 2:30 pm ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday with reporters following the central bank’s two-day policy meeting. The central bank decided to keep rates unchanged on Wednesday. Over the past few months,

Hero Images | Hero Images | Getty Images Teaching kids how to save is a valuable first step toward learning how to manage money. But it shouldn’t stop there. While savings accounts are a safe bet and an easy concept to grasp, the real earning power comes from investing their hard-earned cash. That’s because kids

Customers look at Apple’s new iPhone 11 series smartphones at an Apple retail store at the IFC Mall in Pudong New Area, Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Take a look at the companies making headlines after the bell. Apple – Apple stock rose 2.5% after it reported strong fourth-quarter

The Federal Reserve heads into its first meeting of the new decade with its key responsibility — interest rates — well resolved, but with a slew of other less headline-grabbing but still significant decisions on the table. Practically no one expects the central bank to move its benchmark borrowing rate until at least September. Central

Check out the companies making headlines before the bell: 3M (MMM) – 3M reported quarterly profit of $1.95 per share, compared to a consensus estimate of $2.10 a share. However, that number included a 20 cents a share charge for newly announced job cuts totaling 1,500. Revenue came in slightly below Wall Street forecasts. Pfizer

U.S. Treasury yields are sliding, and that could negatively impact financial institutions, CNBC’s Jim Cramer said Monday. “Worries about a worldwide slowdown mean people will buy [U.S.] Treasurys, and when people buy Treasurys, interest rates go down,” the “Mad Money” host said. “Lower long-term rates translate to lower earnings for the banks, which is why

Retired L.A. Lakers superstar Kobe Bryant, who died in a helicopter crash on Sunday, told CNBC in 2016 he hoped people would remember him more for investing than basketball in 20 years. “Playing basketball, the focus is always on winning — winning championships, winning championships, winning championships,” Bryant said during a CNBC “Squawk on the

Long-time market bull Art Hogan is on pullback alert. With the busiest period of earnings season kicking off this week, the National Securities chief market strategist warns conditions are ripe for a significant move lower. “Stocks are relatively priced for perfection, and you tend to have a bit of an overreaction to bad news or

Visa Inc. credit and debit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019. Andrew Harrer | Bloomberg | Getty Images Financial technology start-up Currencycloud, which powers cross-border payments for a number of popular finance apps, has raised $80 million in a funding round backed by Visa. Based in

Sean Connery, as James Bond. Bettmann | Getty Images There is now significant and potentially irreversible inequality in the world of media. If you’re looking for an equalizing force, don’t bet on it happening in 2020. Two major shifts in the past year have made scale — the concept of being as big as possible

The Intel logo is displayed outside of the Intel headquarters in Santa Clara, Calif. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing’s stock turned negative on the day after CNBC confirmed the aerospace giant is considering an added cut to the production of its 787 Dreamliner

Traders work on the floor during the Slack Technologies Inc. direct listing at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Markets can be overheated without nearing a meltdown. Stocks can be pricey without being on a precipice. It helps to recognize these nuances as Wall