Finance

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, June 21, 2019 in New York City. Drew Angerer | Getty Images Check out the companies making headlines after the bell: Shares of several major financial firms rose in extended trading after news that they

Morgan Stanley CEO James Gorman said that China and the U.S. must come to a truce in its trade dispute because a full-blown trade war would be devastating for the global economy.  “We can’t have a trade war,” Gorman said in an interview Thursday with CNBC’s Wilfred Frost. “It will have a devastating effect to

People using their mobile phones on July 17, 2016 in Surakarta, Indonesia. Solo Imaji | Barcroft Media | Getty Images Indonesian e-commerce platform Bukalapak has expanded into five overseas markets in Asia since its founding in 2010 — and the Middle East could be next, the company’s co-founder said Thursday. Bukalapak is one of the

A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Analysts at Credit Suisse initiated coverage of Tesla Wednesday with a relatively bearish outlook on the electric vehicle maker, thanks in part to ambitious,

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average is having its best June since 1938, but underneath this impressive rally is a

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, May 31, 2019. Lucas Jackson | Reuters Check out the companies making headlines after the bell: Shares of Micron Technology jumped as much as 9.5% during extended trading after the chipmaker reported better-than-expected third-quarter earnings. The

‘Valentine’s Day’ Episode 16 of the sitcom The Office. Pictured is the cast of the sitcome: (L to R) Angela Kinsey as Angela Martin, Kate Flannery as Meredith Palmer, Steve Carell as Michael Scott, Phyllis Smith as Phyllis Lapin-Vance, and Jenna Fischer as Pam Beesly. Paul Drinkwater | NBCUniversal | Getty Images NBC has decided

Gold bars sit in a vault at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, on Thursday, Aug. 9, 2018. Carla Gottgens | Bloomberg | Getty Images Investors are piling into gold, sending the precious metal to a six-year high on Tuesday, and analysts think the commodity has established a “base” to

Tom Blomfield | Monzo Monzo U.K. online bank Monzo has raised £113 million ($144 million) in a fresh round of funding led by the U.S. start-up accelerator Y Combinator. Y Combinator, which has helped create companies such as Airbnb and Stripe, invested in Monzo through its Continuity Fund, which focuses on late-stage start-ups. Monzo is

Source: Evercore ISI President Donald Trump and Chinese President Xi Jinping are expected to meet at this week’s G-20 summit in Japan and the stakes for Wall Street are high. The two leaders are expected to discuss the ongoing U.S. China trade war. Talks of a possible trade deal fell through back in May after

The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw and Carter Worth illustrated selling a call spread in Fedex.  Dan Nathan broke down buying a put spread in Procter & Gamble.  Mike Khouw also looked at buying a call spread in Bank of America. 

The flags of the U.S. and China. Holger Gogolin | iStock | Getty Images BEIJING — The Chinese government would like the U.S. to cancel “inappropriate” actions against Chinese companies, vice commerce minister Wang Shouwen said Monday. The U.S. Commerce Department on Friday added five Chinese technology companies to the so-called entity list that effectively

The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Matthew Staver | Bloomberg | Getty Images Shares of Micron Technology fell on Friday after J.P. Morgan lowered its outlook for the chipmaker due to the U.S. restrictions on Chinese telecom giant Huawei, a big customer of Micron. J.P. Morgan cut its year-end

President Donald Trump, left, and Jerome Powell, governor of the U.S. Federal Reserve and Trump’s nominee for chairman of the Federal Reserve, walk to a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S., on Thursday, Nov. 2, 2017. Saul Loeb | AFP | Getty Images President Donald Trump said

James Bianco is out with a bullish call that could send stocks flying. The market researcher predicts the Federal Reserve will cut rates not once, not twice — but multiple times starting in July. His chief reason: Inflation is non-existent. “Inflation is surprising them to the downside consistently, and the market is telling them that

The “Fast Money ” traders shared their first moves for the market open. Tim Seymour was a buyer of Alphabet. Jeff Mills was a buyer of the Emerging Markets ETF. Dan Nathan was a buyer of Cisco. Guy Adami was a buyer of Exxon Mobil.  Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA,

Tetra images | Getty Images J.P. Morgan Chase is expanding benefits to help employees pay for fertility treatments and surrogacy services, according to an internal memo obtained by CNBC. Employees in the U.S. without a medical diagnosis of infertility can now have up to $30,000 of treatments including in vitro fertilization covered, according to the

Gas prices at the pump should rise for east coast drivers, after a massive explosion Friday affected operations at a Philadelphia refining complex responsible for as much as 27% of east coast fuel production But how much prices jump depends on the extent of damage and the length of the outage. For now, analysts are

Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE). Drew Angerer | Getty Images Check out the companies making headlines midday Friday: Korn Ferry — Shares of Korn Ferry sank more than 17% on disappointing fourth-quarter results. The consulting firm reported a revenue of $491

A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts have suggested. Conservative Member of Parliament (MP) Nicky Morgan, chair of the Treasury Committee, last week wrote to the CEO of Britain’s most influential investment platform, FTSE