Employees bring a television to Steve Steward’s car at a Best Buy store on Black Friday, traditionally one of the busiest shopping days of the year. Crowds are smaller this year due to the increasing popularity of on-line shopping amid concerns about the COVID-19 pandemic. Paul Hennessy | SOPA Images | LightRocket | Getty Images
Finance
In this article DBSM-SG UOBH-SG OCBC-SG .STI View of the Singapore Central Business District. Suhaimi Abdullah | Getty Images News | Getty Images SINGAPORE — Singapore’s three largest banks are expected to report improved earnings as the global economy recovers from the Covid-19 pandemic, said analysts. The banks are scheduled to release first-quarter earnings
People walk by the New York Stock Exchange in lower Manhattan on Oct. 5, 2020 in New York City. Angela Weiss | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Sunday evening as investors braced for one of the busiest weeks
In this article SWKS SLAB INTC MAT SNAP SAM WWE SKX Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines after the bell on Thursday: Intel — Shares of the semiconductor chip
In this article BYD Less than half a year since revealing a flying vehicle prototype, Chinese electric car start-up Xpeng unveiled a second model at the Shanghai auto show in April 2021. Evelyn Cheng | CNBC SHANGHAI – Flying cars may have made headlines at this year’s Shanghai Auto Show, but China’s BYD — which
Take a look at some of the biggest movers in the premarket: Kimberly-Clark (KMB) – The consumer products company’s stock dropped 6.4% in premarket action after it reported weaker-than-expected profit and sales for its latest quarter and gave a full-year forecast that came in below Wall Street consensus. Kimberly-Clark said it faced a number of
The Wall Street sign is seen outside The New York Stock Exchange (NYSE) in New York, February 16, 2021. Brendan McDermid | Reuters LONDON — Corporate earnings season is off to a flying start, but the positive surprises have so far failed to generate upward momentum for global stock markets. As of Friday morning, 13%
Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters Federal Reserve officials next week are likely to paint a robust picture on the economy while simultaneously not even hinting at policy changes
A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen. Thodex, a crypto firm based in Turkey, said its platform
In this article ANTM An employee walks through the campus of the Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Jan. 20, 2021. Qilai Shen | Bloomberg via Getty Images Months after the sudden suspension of Ant Group’s highly-anticipated dual listing, China’s financial technology companies are facing difficulties trying to go public in the
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the
Chinese President Xi Jinping Aris Messinis | Pool | Reuters BEIJING — Chinese President Xi Jinping called Thursday for countries to work together, while respecting their different responsibilities on reducing carbon emissions. Xi made the remarks at a U.S.-led climate summit. The Chinese leader’s roughly five-minute remarks via video conference were the first from the
The Revolut logo displayed on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images LONDON — Revolut, an online banking start-up based in the U.K., is planning an expansion into India. The London-based company announced Thursday that it had tapped Paroma Chatterjee, a former executive for Indian start-ups
U.S stock index futures declined in overnight trading on Wednesday, eating into the major averages’ gains from the session. Futures contracts tied to the Dow Jones Industrial Average slid 31 points. S&P 500 futures dipped 0.15%, while Nasdaq 100 futures declined 0.15%. Stocks rose on Wednesday during regular trading hours, snapping a two-day losing streak,
A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming giant’s shares plunged more than 6% after the company reported a big subscriber miss as the demand surge from the pandemic started
In this article C Citigroup CEO Jane Fraser said she decided to exit the bank’s retail operations in 13 countries outside the U.S. to improve returns. One of the biggest priorities for Fraser, who took over for predecessor Michael Corbat in February, is to bring New York-based Citigroup’s returns closer to those of peers including JPMorgan
Traders on the New York Stock Exchange. Source: NYSE Stock futures fell slightly in overnight trading Tuesday amid a sharp decline in Netflix shares, pointing to a third straight negative day on Wall Street. S&P 500 futures dipped 0.1% and Nasdaq 100 futures fell 0.4%. Futures on the Dow Jones Industrial Average traded near the
The Venmo logo displayed on a smartphone. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images PayPal’s Venmo mobile payment app will now let users buy, hold and sell bitcoin and other digital tokens, potentially a significant step toward moving cryptocurrencies into the mainstream. Starting Tuesday, Venmo will show users a new feature that
In this article FB Facebook wanted to revolutionize finance with a global digital currency — then came the regulators. First proposed in June 2019 with the name libra, the token was initially intended to be a universal currency tied to a basket of sovereign currencies such as the U.S. dollar and the euro. But after
U.S. stock futures were flat in overnight trading on Monday as investors prepare for the next batch of corporate earnings. Dow futures rose 35 points. S&P 500 futures gained 0.04% and Nasdaq 100 futures were flat. The major averages fell on Monday, dragged down by overall weakness in the technology sector. The Dow Jones Industrial