A view of the Marriner S. Eccles Federal Reserve building on January 26, 2022 in Washington, DC. Anna Moneymaker | Getty Images Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulations
Finance
In this article SPCE ROKU BLMN DLTR SHAK Scott Olson Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ forecasts. Roku also issued a weaker-than-expected outlook due to higher component prices and supply
In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — Chinese President Xi Jinping told top leaders to speed up work on new laws for
James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest rates, inflation could become an even more serious problem. “We’re at more risk now than we’ve been in a generation that this could get out of control,” he said during
In this article V AMZN Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Amazon has reached a global agreement with Visa to settle a dispute over the credit card giant’s fees. The deal means Amazon customers in the U.K. can continue using Visa credit cards, as previously announced by
Traders work on the floor of the New York Stock Exchange (NYSE) on February 16, 2022 in New York City. Spencer Platt | Getty Images Stock futures inched higher in overnight trading as investors digested corporate earnings reports, updates from the Federal Reserve and developments in the Russia-Ukraine conflict. Futures on the Dow Jones Industrial
In this article BAC Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images U.S. consumers are spending more money while also growing savings in a positive sign for the economy, according to
A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. Aly Song | Reuters BEIJING — More and more international investment analysts say it’s time to buy mainland Chinese stocks,
In this article ABNB The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in after hours trading: Airbnb — Shares of the property rental company advanced 5% during extended trading
Take a look at some of the biggest movers in the premarket: Monster Beverage (MNST), Constellation Brands (STZ) – Merger talks between Monster Beverage and Constellation Brands are progressing, according to people familiar with the matter who spoke to Bloomberg. Those people say an agreement between the two companies could be reached within weeks if
An attendee takes a selfie as she experiences an ‘extreme sumarine 4D simulation’ with immersive VR by SK telecom during the second day of the annual Mobile World Congress. Matthias Oesterle | Corbis News | Getty Images Metaverse exchange-traded funds are booming in South Korea as retail investors buy into funds focused on tech’s new