Finance

Fourth generation cattle rancher Loren Poncia has made Stemple Creek Ranch carbon positive. He’s implemented rotational cattle grazing systems that allow soil and grass to recover, applied compost on pastures and planted worm farms and chicory that aerate the soil. Courtesy of Paige Green President Joe Biden has called on U.S. farmers to lead the

Traders work on the floor of the New York Stock Exchange. NYSE Futures tied to major U.S. equity benchmarks were flat in overnight trading on Thursday as Wall Street looked set to wrap up the week with modest gains. Dow Jones Industrial Average futures dipped 27 points. S&P 500 futures and Nasdaq 100 futures both

A man wearing a mask as a preventive measure against the spread of Covid-19 walks in London. May James | SOPA Images | LightRocket via Getty Images The U.K. economy contracted by 9.9% in 2020, its largest annual contraction since records began, as the coronavirus pandemic ravaged economic activity. In the final quarter of the

Philadelphia Federal Reserve President Patrick Harker said Thursday that the central bank won’t have to worry about inflation getting in its way anytime soon. In a CNBC interview, Harker faced a question posed repeatedly to Fed officials in recent days over whether its easy monetary policy could stoke price pressures and interfere with what he

Chesnot | Getty Images Bitcoin’s price soared past the $48,000 level for a second time this week, hitting a fresh all-time high as Bank of New York Mellon said it would provide custody services for digital assets. The world’s most valuable cryptocurrency hit an intraday record of $48,297 at roughly 8:30 a.m. ET on Thursday,

The red hot SPAC market is getting even hotter in 2021, raising concerns about rampant speculation detached from reason that could leave retail investors fresh off the GameStop bust holding the bag. Not only are special purpose acquisition companies raising a record level of capital — more than $30 billion so far for its biggest

U.S. stock index futures moved higher during overnight trading on Wednesday as stocks looked to build on February’s momentum. Futures contracts tied to the Dow gained 34 points, or 0.09%. S&P 500 futures and Nasdaq 100 futures rose 0.06% and 0.07%, respectively. The move comes after the Dow advanced 63 points during regular trading hours

SpaceX owner and Tesla CEO Elon Musk (R) gestures as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images Tesla CEO Elon Musk and other celebrities have posted multiple tweets backing dogecoin lately — and some in the cryptocurrency

The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California. Mike Blake | Reuters Check out the companies making headlines after the bell on Tuesday: Twitter — The social media company’s shares were up 1% after-hours on better-than-expected results for the fourth quarter. Twitter earned 38 cents a share

U.S. stock were flat in overnight trading on Tuesday following the regular session that snapped a six-day winning streak on Wall Street. Dow futures rose 35 points. S&P 500 futures gained 0.14% and Nasdaq 100 futures rose 0.13%. Better-than-expected earnings from Twitter, Lyft, Cisco Systems, Mattel and Yelp boosted sentiment on Wall Street. Lyft reported

Cryptocurrency mining rigs at a crypto mining farm in Romania. Akos Stiller | Bloomberg via Getty Images LONDON — Bitcoin’s price isn’t the only thing surging lately — the amount of electricity it consumes is also on the rise. The cryptocurrency has for years alarmed experts due to the sheer level of energy required by

A Temasek Holdings signage at their office in Singapore. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Singapore’s state investment company Temasek Holdings announced Tuesday that Ho Ching will retire from her roles as chief executive and executive director on Oct. 1. Ho, the wife of Singapore’s Prime Minister Lee Hsien Loong, has been

A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images LONDON — Dogecoin is surging after billionaire Elon Musk and other celebrities appeared to back the cryptocurrency on Twitter. The meme-inspired token rallied 37% in 24 hours to a record high of $0.083745 at 10:20 a.m. ET on Monday, according to data

Bitcoin’s price jumped sharply to an all-time high after Tesla revealed a big stake in the cryptocurrency and said it would start accepting payments in the digital coin for its products. The world’s largest cryptocurrency was trading 15% higher at $44,141 after Tesla’s announcement, according to Coin Metrics. Bitcoin just finished a banner year with

Men wearing face masks walk past a Gap store at a shopping area, as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. Jason Lee | Reuters BEIJING — China’s capital city will hand out about $1.5 million in a limited trial of the central bank’s digital

U.S. stock index futures rose in overnight trading on Sunday, as the major averages looked to accelerate gains following the best week since November. Futures contracts tied to the Dow gained 75 points, or 0.27%. S&P 500 futures were 0.3% higher, while Nasdaq 100 futures advanced 0.33%. The S&P 500 closed at a record high

President Joe Biden speaks delivers a foreign policy address during a visit to the State Department in Washington, February 4, 2021. Tom Brenner | Reuters President Joe Biden said this weekend that it is unlikely a $15 federal minimum wage provision makes it into the next Covid-19 relief package, hitting pause on a key campaign

Chamath Palihapitiya Olivia Michael | CNBC Chamath Palihapitiya-backed Clover Health Investments said Friday it received a notice of investigation from the Securities and Exchange Commission and that it intends to cooperate. Clover, however, pushed back against a critical report from short-selling specialist Hindenburg Research, saying some claims in the report were “completely untrue.” On Thursday,

Attendees play the Activision Blizzard Inc. Call Of Duty: Black Ops 4 video game at the company’s booth during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Tuesday, June 12, 2018. Troy Harvey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Ford — The legacy automaker’s

Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio on Dec. 19, 2020. BRAD LEE | AFP | Getty Images Long-term unemployment is edging toward a historical peak, almost a year into the pandemic-fueled downturn. Workers are deemed to be “long-term unemployed” when their jobless spell is longer