Finance

The Federal Reserve on Friday declined to extend a pandemic-era rule that relaxed the amount of capital banks had to maintain against Treasurys and other holdings, in a move that could upset Wall Street and the bond market. In a brief announcement, the Fed said it would allow a change to the supplementary leverage ratio

Gas prices are displayed at a Speedway gas station on March 03, 2021 in Martinez, California. Justin Sullivan | Getty Images One of the main reasons Federal Reserve officials don’t fear inflation these days is the belief that they have tools to deploy should it become a problem. Those tools, however, come with a cost,

Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Visa — Shares of the payment processor fell 4.7% in midday trading after a report said the Justice Department is investigating whether business practices at the payment processor’s debit-card business is leading to unlawful market dominance. The Wall Street

Traders work on the floor of the New York Stock Exchange. NYSE Are you confused about what is going on in the markets? Traders sure are. “We all got comfortable thinking Covid was done or manageable, and it may turn out to still be a wild card,” Peter Tchir from Academy Securities told me. ”Nobody wants another

Federal Reserve Chair Jerome Powell arrives for a news conference following the Federal Open Market Committee meeting in Washington, December 11, 2019. Joshua Roberts | Reuters Federal Reserve Chairman Jerome Powell reiterated his commitment to an “all-in” approach to the recovery, pledging in a commentary piece for The Wall Street Journal to keep policy loose.

As more companies announce diversity and inclusion measures, Ariel Investments’ co-CEO Mellody Hobson believes there’s a simple way to hold corporations accountable: math. “Math has no opinion — have the math. The only way you can do that is commit to having an annual review of these issues to see where you’re gaining ground, where

U.S. Secretary of State Antony Blinken (2nd R), joined by national security advisor Jake Sullivan (R), speaks while facing Yang Jiechi (2nd L), director of the Central Foreign Affairs Commission Office, and Wang Yi (L), China’s foreign minister at the opening session of U.S.-China talks at the Captain Cook Hotel in Anchorage, Alaska on March

A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Williams-Sonoma – Shares of the retailer jumped more than 20% after the company beat top and bottom line estimates during the fourth quarter. Williams-Sonoma earned $3.95 per share excluding items during

A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters BEIJING — Vanguard’s experiment with financial technology in China is showing early signs of success. In less than a year, more than 1 million users have

Commuters exit a Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose in the the overnight session Wednesday evening after the Federal Reserve said hours prior that it does not currently expect to hike interest rates through

Igor Golovniov | LightRocket | Getty Images Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in the wealth management with $4 trillion in client assets, told its financial advisors Wednesday in an internal memo that the

A man walks near the New York Stock Exchange (NYSE) on August 31, 2020 at Wall Street in New York City. Angela Weiss | AFP | Getty Images U.S. stock futures were flat in overnight trading as investors await the outcome from the Federal Reserve’s two-day policy meeting and comments from Fed Chair Jerome Powell

Don’t rule out a 10-year Treasury Note yield as high as 2.25% this year. That’s the message from Wells Fargo Securities’ Michael Schumacher, ahead of Wednesday’s Federal Reserve interest rate decision. “The fiscal stimulus is enormous, and the vaccine rollout seems to be accelerating quite a bit — not just here in the U.S.,” the

Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Check out the companies making headlines in midday trading.  Ulta Beauty — The cosmetics retailer’s shares dipped more than 3% after Guggenheim downgraded Ulta to neutral from buy. The Wall Street firm said it was concerned about profit margin

Peter Cade | Stone | Getty Images U.S. solar installations reached a record high during 2020 as favorable economics, supportive policies and strong demand in the second half of the year offset the impacts from the coronavirus pandemic. Installations grew 43% year over year during 2020, reaching a record 19.2 gigawatts of new capacity, according

U.S. stock index futures declined during overnight trading on Monday, after the Dow and S&P closed at record highs amid optimism over the economic reopening. Futures contracts tied to the Dow slid 66 points. S&P 500 futures declined 0.16%, while Nasdaq 100 futures were slightly negative. During regular trading hours Monday the Dow jumped 174

Traders work on the floor of the New York Stock Exchange. NYSE Do you have Fear of Missing Out on all this wild trading going on this year? Would you buy a FOMO fund if someone offered it to you? Some investors are betting you will. Investing in the stock market these days is like

The Leuthold Group’s Jim Paulsen has a message for investors: Don’t give up on Big Tech. According to the firm’s chief investment strategist, Nasdaq volatility associated with rising Treasury Note yields may not be enough to permanently derail its two decade leadership cycle. “It’s quite a coincidence that that same peak we had three weeks

Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures moved higher in overnight trading and pointed to gains at the open on Monday, continuing last week’s rally that led the Dow and S&P 500 to record highs. Dow futures rose 100 points. S&P 500 futures gained 0.19% and Nasdaq

Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. Dado Ruvic | Reuters Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and financial institutions adopt cryptocurrencies. Bitcoin, the world’s biggest cryptocurrency, was at $60,415.34 as of 7:25