Finance

In this article LSEG-GB The London Stock Exchange is aiming to make funding for carbon reduction projects more transparent, introducing a new market that it says will help the industry to scale. Currently, so-called voluntary carbon markets allow companies to buy and sell carbon credits. Carbon credits are created by projects that help reduce or

People look at models of houses at the 2021 Dalian autumn real estate fair at Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China. Liu Debin | Visual China Group | Getty Images BEIJING — Worries about Chinese real estate developers’ high debt levels have rattled investors despite signs that

Richard Clarida, vice chairman of the U.S. Federal Reserve nominee for U.S. President Donald Trump, speaks during a Senate Banking Committee confirmation hearing in 2018.  Bloomberg | Bloomberg | Getty Images Federal Reserve Vice Chairman Richard Clarida conceded Monday that inflation is running well above a level that the central bank considers desirable, and if

Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images Stock futures idled in overnight trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report. Futures on the Dow Jones Industrial Average

In this article .STI DBSM-SG The building of DBS, Singapore’s largest bank, at the city state’s central business district. Suhaimi Abdullah | Getty Images News | Getty Images SINGAPORE — Singapore’s largest bank, DBS Group Holdings, posted third-quarter earnings that beat analysts’ estimates as its chief executive flagged improving business conditions in the months ahead.

In this article GOOS-CA DKNG PFE LYV WEED-CA PTON Check out the companies making headlines before the bell: Pfizer (PFE) – The drug maker’s shares surged 9.4% in premarket trading after a study showed that its experimental Covid-19 antiviral pill reduced the risk of hospitalization and death by nearly 90%. Pfizer said it will ask

A man speaks with a woman about openings at a bakery at the Employers Only Long Island Food, Beverage and Hospitality Job Fair on Oct. 19, 2021 in Melville, New York. BRYAN R. SMITH | AFP | Getty Images About 357,000 Americans fell off the long-term unemployment rolls in October, as the labor market’s pandemic

In this article SHAK PTON GOOS-CA Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So | Toronto Star | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the exercise bike company tumbled more than 34% after the firm reported weakening sales growth

Peter Thiel, the billionaire co-founder of PayPal. John Lamparski | Getty Images Entertainment | Getty Images Democrats seem to have spared wealthy Americans like billionaire tech mogul Peter Thiel from big tax bills on their vast Roth retirement savings in legislation unveiled this week. That break is courtesy of new language in a $1.75 trillion

Kaisa Group Holdings Ltd. logo displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Hong Kong listed shares of Chinese real estate developer Kaisa Group Holdings were halted on Friday, following news that it had missed a payment on a wealth management product earlier this week. It comes as investors continue to

[The stream is slated to start at 08:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey is giving a press conference after the bank’s latest monetary policy decision. The Bank’s Monetary Policy Committee voted 7-2 to keep the Bank Rate

U.S. stock index futures were steady during overnight trading on Wednesday after the major averages closed at records following commentary from the Federal Reserve. The central bank said it will begin to slow its bond-buying program, signaling that the economy can now handle an unwinding of pandemic stimulus. Futures contracts tied to the Dow Jones

In this article NYT CVS HUM CPRI TUP NCLH Check out the companies making headlines before the bell: New York Times (NYT) – The newspaper publisher’s shares jumped 3.9% in the premarket after it beat estimates by 3 cents with an adjusted quarterly profit of 23 cents per share. Revenue also beat estimates amid rising

Market forecaster Jim Bianco expects inflation’s intensity to catch up with central bank policymakers worldwide, including the Federal Reserve. The fallout could make stocks less attractive, and knock them off record highs. “Inflation is persistent and you’ve got to start thinking about moving your policies more aggressively towards tightening,” the Bianco Research President told CNBC’s

Gabe Ginsberg | Moment | Getty Images Criminals are using the promise of a third stimulus check to steal money from unsuspecting victims, according to the Federal Trade Commission. The American Rescue Plan, which President Joe Biden signed in March, authorized a third round of pandemic-era payments, of up to $1,400 a person. The IRS

If the market’s record rally continues into year end, PNC Financial’s Amanda Agati predicts value stocks will lag and growth stocks will play a dominant role. Agati, the firm’s chief investment officer, blames a slowing economy and earnings — as well as the monetary and fiscal policy backdrop. “We are absolutely bullish on the growth-oriented

Take a look at some of the biggest movers in the premarket: Harley-Davidson (HOG) – The motorcycle maker’s shares soared 9.4% in the premarket after the U.S. and the European Union ended a dispute involving steel and aluminum tariffs. Harley could have paid European tariffs of 56% if the dispute had not been resolved. Spotify

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021. Brendan McDermid | Reuters U.S. stock futures rose slightly in overnight trading on Sunday as investors readied for the first trading of November. Market participants are gearing up for another week of corporate earnings, a key Federal

Employees pack crates with merchandise for orders at a Cainiao warehouse, the logistics subsidiary of Alibaba Group Holding, ahead of the company’s annual Singles’ Day shopping extravaganza in Wuxi, Jiangsu province, China, on Nov. 9, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — Alibaba is investing further in Europe for Singles Day this

Photo by Mike Kline (notkalvin) | Moment | Getty Images Proposed legislation unveiled Thursday as part of Democrats’ $1.75 trillion social and climate spending plan would close a tax loophole for cryptocurrency investors. The Build Back Better Act would subject crypto transactions to “wash sale” rules, an anti-abuse measure that currently applies to stocks, bonds

In this article MSFT AAPL GILD Starbucks coffee shop logo seen at one of their stores. Stephen Zenner | LightRocket | Getty Images Check out the companies making headlines in midday trading. U.S. Steel — Shares of U.S. Steel gained more than 15% as the company’s quarterly results beat top and bottom line estimates. U.S.

In this article GS Rafael Henrique | SOPA Images | LightRocket | Getty Images Goldman Sachs has begun giving its institutional trading clients research reports from crypto news and data firm The Block. Hedge funds and other clients began receiving the reports on Thursday via the investment bank’s Marquee digital platform, according to an email

In this article ZEN CVX MNTV XOM NWL CL Check out the companies making headlines before the bell: Chevron (CVX) – Chevron gained 2.1% in the premarket after posting its highest quarterly profit in 8 years amid surging energy prices. Chevron earned an adjusted $2.96 per share for the third quarter, beating the $2.21 consensus

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021. Brendan McDermid | Reuters Stock futures dipped in overnight trading Thursday as shares of major technology companies suffered following disappointing earnings reports. S&P 500 futures fell 0.2% and Nasdaq 100 futures traded 0.5% lower. Futures on the

Alchemy co-founders Nikil Viswanathan (left) and Joe Lau. Source: Alchemy Start-up Alchemy is benefiting as more companies try to future-proof their businesses by adapting their technologies to the blockchain and through digital collectibles. The San Francisco-based company announced a $250 million funding round on Thursday, boosting its valuation to $3.5 billion. The Series C financing,

Stock futures edged higher in overnight trading on Wednesday after the S&P 500 and the Dow Jones Industrial Average slipped from their record highs. Dow futures rose 50 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% higher. Shares of Twilio fell more than 12% despite a beat on both earnings and revenue

In this article HOOD MSFT SPOT MCD Check out the companies making headlines Wednesday before the bell: Coca-Cola (KO) — Coca-Cola jumped 2.9% in the premarket following a profit and revenue beat for the beverage giant, which also raised its full-year forecast. Coca-Cola reported adjusted quarterly earnings of 65 cents per share, 7 cents above a

U.S. stock index futures were little changed during overnight trading on Tuesday after the Dow and S&P closed at record highs as earnings season continues. Futures contracts tied to the Dow Jones Industrial Average and S&P 500 were flat. Nasdaq 100 futures declined 0.09%. During regular trading the Dow advanced roughly 15 points to end

Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook gained 1.9% in the premarket after reporting mixed results for the second quarter. Facebook beat estimates by 3 cents a share, with quarterly earnings of $3.22 per share. Revenue missed, however, as ad sales growth slowed in the face

Traders work on the floor of the New York Stock Exchange (NYSE), September 22, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Monday as investors await a slew of major technology earnings with the broader market at a record high. Dow futures rose just 20 points. S&P 500 futures