Finance

In this article .SPX .IXIC .DJI Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average fell 32 points, or 0.09%. S&P 500 futures shed 0.11% and Nasdaq 100 futures ticked

In this article ETH= BTC.BS=-USS TIGR FUTU In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images BEIJING — Two of China’s rivals to stock trading app Robinhood are looking to cryptocurrencies as a way to

Ruins of the Greenwood District after the massacre of African Americans in Tulsa, Oklahoma, in June 1921. American National Red Cross photograph collection. GHI | Universal Images Group | Getty Images A century ago this week, the wealthiest U.S. Black community was burned to the ground. At the turn of the 20th century, the Greenwood

A worker is seen in the workshop of a factory manufacturing medical devices in Lianyungang, Jiangsu province, China. Reuters BEIJING — Chinese businesses are letting go of more workers than they are hiring, even though the economy is seeing some recovery from the pandemic, official data showed Monday. That’s based on a survey from the

In this article GS BAC JPM U.S. banks are likely to report “record level” earnings in 2021 as the American economy recovers and financial markets remain buoyant, according to the Institute of International Finance, an industry association. Tim Adams, chief executive of the IIF, said Friday that the improving economy will help bank lending and

Alice Tidey | CNBC LONDON — HSBC on Wednesday announced it would exit its money-losing U.S. retail banking operations, a move that is being met with tepid applause by Wall Street analysts. Europe’s largest bank in terms of assets will sell off some parts of its mass-market business and wind down others as it looks

Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – The movie theater operator’s shares jumped another 15.4% in premarket trading, following four straight days of gains and a nearly 36% surge in Thursday’s session alone. AMC – popular among the so-called “meme” stocks – has more than doubled

Workers load packages into delivery carts at a JD.com distribution center in Beijing on July 16, 2020. GREG BAKER | AFP | Getty Images BEIJING — In less than a year, Chinese e-commerce giant JD.com has raised more than $10 billion through public offerings in Hong Kong and New York. The listings involved JD’s subsidiaries

Peter Dazeley | The Image Bank | Getty Images The threat of losing unemployment benefits in two dozen states had a modest but short-lived effect on job search activity, according to an analysis published Thursday by job site Indeed. At least 24 states have announced their early withdrawal from pandemic-era unemployment programs since early May.

Sharebite CEO and cofounder Dilip Rao and co-founder Mohsin Memon Source: Sharebite There’s no such thing as a free lunch – except when big companies want to get their employees back to the office during a pandemic. Employers including banks and asset managers, technology companies and law firms are ramping up back-to-work plans as more

Check out the companies making headlines in midday trading. AMC Entertainment — Shares of AMC Entertainment are in a middle of a roller-coaster session Friday as they turned 5% lower after rallying as much as 38%. By midday, over 360 million shares have already been traded, more than tripling its 30-day average. Shares have already

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Shares of AMC Entertainment jumped double digits in premarket trading on Friday as Reddit traders kept piling into the speculative name this week. The stock popped

Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures rose in overnight trading Thursday, as optimism over economic recovery grows amid strong labor market data. Futures on the Dow Jones Industrial Average gained 123 points, or 0.36%. S&P 500 futures ticked 0.27% higher. Nasdaq-100 futures rose

Shares of AMC Entertainment soared another 40% on Thursday as speculative trading activity skyrocketed in the movie theater chain’s stock among Reddit-obsessed day traders. The stock surged as much as 47% in afternoon trading Thursday, pushing its week-to-date advance to a whopping 135%. Zoom In IconArrows pointing outwards AMC has overtaken GameStop to become the

The Federal Reserve seems to be having an identity crisis. Not that long ago, the U.S. central bank was seen solely as a watchdog of the nation’s financial system as well as the entity charged with using its various policy levers to control inflation and keep unemployment low. Nowadays, well, things have changed. In recent

Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Stock futures held steady in overnight trading on Wednesday as investors await new labor-market data to gauge the pace of the economic recovery. Futures on the Dow Jones Industrial Average dipped just 10 points. S&P 500 futures and Nasdaq 100 futures

Apple CEO Tim Cook speaks about Apple Pay during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California. Getty Images Apple is looking for a lead negotiator to strike partnerships with “alternative payment” partners, according to a job listing posted on Tuesday. The role, according

Tali Aiona | EyeEm | Getty Images The Biden administration said Tuesday that it will develop offshore wind projects in the Pacific Ocean in partnership with the state of California. The move, which is the first of its kind, is a key stepping stone toward the White House’s goal of deploying 30 gigawatts of offshore

The New York Stock Exchange welcomes Lightning eMotors (NYSE: ZEV), on May 24, 2021, in celebration of its transition to a public company. NYSE Stock futures ticked marginally higher in overnight trading after the market rally stalled Tuesday, with major indexes ending the regular session slightly lower. Futures on the Dow Jones Industrial Average rose

U.S. stock futures were little changed in overnight trading on Monday following a strong session led by technology shares and reopening plays. Dow futures rose just 40 points. S&P 500 futures gained 0.18% and Nasdaq 100 futures rose 0.15%. The major averages rose on Monday, led by tech stocks and companies that benefit from a