Finance

Pro-democracy protesters set barricade on fire at a demonstration in Causeway Bay district on October 6, 2019 in Hong Kong, China. Anthony Kwan | Getty Images News | Getty Images BEIJING — China will take countermeasures against the U.S. in response to a bill that favors the Hong Kong protesters, the Chinese Foreign Ministry said

Chesnot | Getty Images Here are the most important things to know about Wednesday before you hit the door. 1. Netflix redemption? Netflix reports third-quarter earnings after the bell on Wednesday. The once beloved streaming stock got pummeled this quarter as increased competition in the streaming wars and a slump in subscriber additions have worried

Facebook’s proposed cryptocurrency libra has served as an incentive for global central banks to reform and reflect the digital age, the head of Sweden’s central bank has said. “It has been an incredibly important catalytic event to sort of shake the tree when libra showed up out of the blue, and that forced us to

Timothy A. Clary | Getty Images Here are the most important things to know about Tuesday before you hit the door. 1. Bank earnings on deck We’ll get quarterly earnings from the four largest U.S. banks with Goldman Sachs, J.P. Morgan Chase, Citigroup and Wells Fargo all reporting before the bell on Tuesday. Wall Street

David Solomon, chief executive officer of Goldman Sachs Group Tiffany Hagler-Geard | Bloomberg | Getty Images Goldman Sachs may suffer hits to third quarter results as stakes in once-hot unicorns slammed into the reality of public markets. The bank’s holdings in WeWork, the co-working company whose valuation plunged after its IPO plans collapsed last month,

SHANGHAI, CHINA – FEBRUARY 23: The Chinese flag floats before the skyscrapers of multinational corporations on February 23, 2018 in Shanghai, China. Vincent Isore/IP3 | Getty Images BEIJING — China is pressing ahead with opening up its financial industry to foreign ownership amid worries that the U.S. and China could grow further apart due to

Bryn Mawr’s Jeffrey Mills believes the market needs more time to break out of its slump. Despite President Donald Trump’s decision to suspend this week’s U.S. tariff increases on $250 billion of Chinese goods, Mills questions whether it’s enough to boost stocks into year-end. “The market has basically been held hostage by the trade negotiations,”

The U.S. and China appear close to a limited trade deal, leaving more controversial issues for later. The trade talks, which President Donald Trump said were “going really well,” extended into the second day on Friday. A slew of media reports suggested that the world’s two largest economies could agree to a partial agreement on

SoftBank Group Corp Chairman and CEO Masayoshi Son attends a news conference in Tokyo, Japan, February 8, 2017. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank CEO Masayoshi Son is considering changing his Vision Fund investment strategy to concentrate on companies with clearer pathways to profitability and public offerings, according to people familiar with

The “Fast Money” traders shared their first moves for the market open. Brian Kelly was a buyer of Newmont Goldcorp. Karen Finerman was a buyer of Delta. Dan Nathan was a buyer of the 20+ Year Treasury Bond ETF. Guy Adami was a buyer of Robert Half.  Disclosure Trader disclosure: Brian Kelly is long GLD. Short

The Federal Reserve will be continuing its overnight funding operations through at least January and will buy Treasury bills through the second quarter of 2020, the central bank announced Friday. The T-bill purchases will be large — $60 billion a month despite Fed officials’ insistence that the operation will be an “organic” move to grow the

President Donald Trump speaks during a ceremonial swearing-in for Labor Secretary Eugene Scalia at the White House in Washington, U.S., September 30, 2019. Leah Millis | Reuters President Donald Trump said Friday the Federal Reserve should still lower interest rates even though China and the U.S. agreed to the first part of a trade deal.

US President Donald Trump shows a letter from Chinese President Xi Jinping as he announces and initial deal with China while meeting the special Envoy and Vice Premier of the People’s Republic of China Liu He Special Envoy and Vice Premier of the People’s Republic of China Liu He at the Oval Office of the

The third-quarter earnings season kicks off in the coming week, and it is likely to expose how much the trade war has cost companies’ bottom lines. First out of the gate are major banks and financial companies, with J.P. Morgan, Citigroup, Wells Fargo, BlackRock and Goldman Sachs reporting Tuesday. But by the end of the

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures were higher Friday morning, after President Donald Trump issued positive remarks on the U.S.-China trade talks. At around 02:45 a.m. ET, Dow futures rose 95 points, indicating a positive open of more than 129 points. Futures on

A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, U.S., September 28, 2017. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Roku shares climbed more than 4% after news broke Thursday

14 March 2018, Germany, Frankfurt am Main: An Airbus A380 (L) and a retro design Boeing 747-8 cross each others path at the ramp of Frankfurt Airport. picture alliance | picture alliance | Getty Images European governments continued to call for a negotiated settlement to trade disputes between the United States and the European Union

Dow Jones Industrial Average jumps 181 points The Dow climbed 181.97 points, or 0.70% to close at 26,346.01. The S&P 500 gained 0.91% to end the day at 2,919.40. The Nasdaq Composite advanced 1.02% to 7,903.74. Stocks got a jolt from a report that stoked hopes for the U.S.-China trade talks. Trade hopes rise heading

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Bed Bath & Beyond shares surged as much as 22% during extended trade after the company announced that Mark Tritton will take the helm as president and CEO

Stephen Moore Andrew Harrer | Bloomberg | Getty Images President Donald Trump is an “exaggerator” who knew his policies wouldn’t generate the 5% growth he had promised while campaigning, according to Stephen Moore, who served as a campaign advisor for Trump and was a prospective Fed nominee. In an interview with The Intercept columnist Mehdi