Finance

A job applicant (L) talks with a recruiter for Sears at a job fair in Golden, Colorado. Rick Wilking | Reuters Economists expect that the job market remained strong in April, and the economy added 190,000 jobs, about the same as March. Markets were already on edge heading into the Friday employment report, and economists

Unlike actively managed mutual funds, ETFs track indexes, making them passively managed. Daniel Fung | Getty Images Investors are the real winners as giant asset managers race each-other to lower fees. Last year, investors saved a total $5.5 billion in ETF and mutual fund fees, according to new research from Morningstar. The 6% decline was

John Thain Adam Jeffery | CNBC Investor group CtW demanded changes to Uber’s board of directors ahead of the ride-hailing company’s anticipated IPO, saying on Wednesday its governance “falls short of best practices.” In a letter addressed to Uber Chairman Ronald Sugar, CtW called for the removal of former Merrill Lynch executive John Thain from

Denis Doyle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Qualcomm dropped as much as 5% in extended trading Wednesday despite the semiconductor company’s better-than-expected second-quarter earnings. Qualcomm reported earnings per share of 77 cents on revenue of $4.98 billion. Wall Street expected earnings per share of

The CVS Health logo appears above a trading post on the floor of the New York Stock Exchange. Richard Drew | AP Check out the companies making headlines midday Wednesday: Apple — Apple surged 7% after the release of its fiscal second-quarter results. Apple reported earnings of per share of $2.46, 10 cents above a

Uber can’t be compared to Lyft because its business is spread across the world and it has more services to offer, according to Saudi Arabia’s sovereign wealth fund. The Saudi Public Investment Fund (PIF) is one of the largest shareholders in the ride-hailing giant, with a roughly 4% stake according to a regulatory filing. That

The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China. Kevin Frayer | Getty Images Check out the companies making headlines after the bell: Shares of Apple soared more than 5% in extended trading Tuesday following the release of the tech giant’s better-than-expected earnings for the

Check out the companies making headlines midday Tuesday: Alphabet — Shares of Alphabet tanked more than 8%, on track for its worst day since Dec. 1, 2008, after the Google parent posted weaker-than-expected quarterly results. The company posted revenue of $36.34 billion in the first quarter, versus $37.33 billion expected per Refinitiv. The revenue was

President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, April 26, 2019. Lucas Jackson | Reuters U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas,

Google’s New York City office in lower Manhattan. Spencer Platt | Getty Images Check out the companies making headlines after the bell: Shares of Alphabet tanked more than 6% in extended trading Monday following the release of the tech giant’s mixed first-quarter results. Alphabet reported earnings per share of $11.90 on revenue of $36.34 billion.

If you think the market’s record rally this year is feeding demand for companies with risky balance sheets splurging on everything from capital expenditure to share buybacks, Goldman Sachs said you are wrong. Corporate America has ramped up its cash spending thanks to the corporate tax cut, but the spending isn’t making the companies more

Singapore’s DBS is Southeast Asia’s largest bank. Edgar Su | Reuters DBS Group Holdings, Southeast Asia’s largest bank, beat expectations to post record quarterly profits on better lending margins. The bank said on Monday that net profit for the first quarter increased by 9% year-on-year to a record 1.65 billion Singapore dollars ($1.21 billion). Refinitiv,

Hotter-than-expected first quarter growth is likely to revive the debate within the Federal Reserve about the direction of policy, but Fed officials are likely to be content to stay on the sidelines for now, particularly with inflation so low. The economy grew at a surprising rate of 3.2% in the first quarter, well above the

It still seems too good to be true. The stock market staged one of the swiftest rebounds in history amid an earnings slowdown and global economic deterioration, putting December’s pain completely in the rear-view mirror. However, one could argue the rally might have just been the decade-long bull run’s last hurrah as some macroeconomic risks

Check out the companies making headlines midday Friday: Ford — Ford jumped 9.73% after the car manufacturer reported better than expected first-quarter earnings on Thursday. Ford reported earnings of 44 cents per share, 17 cents higher than expected, and revenues of $37.24 billion, $160 million higher than expected. High demand for pickup trucks and SUVs

PayPal is on a spending spree. Its latest mega-investment in Uber this week hints at a larger strategy to compete abroad. The payments giant is investing $500 million Uber ahead of the highly anticipated IPO, according to Uber’s updated S1 filing. In March, PayPal invested $750 million in Argentina’s e-commerce giant MercadoLibre. “I don’t think

China’s President Xi Jinping stands at the Cocoli locks in the Panama Canal. China’s head of state and party Xi Jinping was the first president of the People’s Republic of Panama to visit. Mauricio Valenzuela | picture alliance | Getty Images BEIJING — Chinese President Xi Jinping concluded the second forum for his flagship Belt

Federal Reserve Chairman Jerome Powell is expected to emphasize the Fed will continue to be patient and hold back from raising interest rates, but there is a risk the Fed could inject some volatility into markets in the week ahead. The Fed meets Tuesday and Wednesday, in a week heavy with earnings news and some

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images When Apple announced its credit card last month with a big, splashy announcement, Goldman Sachs was a major reason behind it. But you wouldn’t know that

The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Starbucks. Karen Finerman was a buyer of Anthem. Dan Nathan was a seller of the Semiconductor ETF. Guy Adami was a buyer of Amgen. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA, ACB, APC,