Amid an outcry about Federal Reserve officials owning and trading individual securities, an in-depth look by CNBC at officials’ financial disclosures found three who last year held assets of the same type the Fed itself was buying. Boston Fed President Eric Rosengren held between $151,000 and $800,000 worth of real estate investment trusts that owned
Finance
In this article MRO WYNN SOFI KSU A worker cleans an escalator on Las Vegas Boulevard in Las Vegas, Nevada, U.S., on Tuesday, March 17, 2020. Joe Buglewicz | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Casino stocks were under pressure for a second day Wednesday amid heightened
Stock futures were steady in overnight trading on Thursday as investors remain cautious about the month of September. Dow futures fell 20 points. S&P 500 futures dropped 0.08% and Nasdaq 100 futures dipped 0.09%. On Thursday, the Dow Jones Industrial Average lost 63 points, after being down as much as 274 points at its low.
Tourists visit the Bund waterfront area on May 10, 2021 in Shanghai, China. Wang Gang | Visual China Group | Getty Images Investors may need to be more careful when putting money into China, but there are still investing opportunities in world’s second largest economy, according to the chairman of Standard Chartered. Stocks of Chinese
Gamers play the video game ‘Star Wars Battlefront II’ developed by DICE, Criterion Games and Motive Studios and published by Electronics Arts on Sony PlayStation game consoles PS4 Pro during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. Chesno Check out the companies making headlines after the bell: Electronic Arts — Shares
A trader works at the New York Stock Exchange (NYSE), August 19, 2021. Andrew Kelly | Reuters Stock futures edged up in overnight trading on Wednesday following a rebound on Wall Street as the market tried to avert the seasonally weak September. Futures on the Dow Jones Industrial Average rose 30 points. S&P 500 futures
In this article BTC.CB= Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, believes regulators would ultimately take control of bitcoin if the cryptocurrency gains mainstream success. “I think at the end of
Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. Aly Song | Reuters BEIJING – Chinese telecommunications giant Huawei said it is expanding its team of scientists even as the company has lost revenue in the wake of U.S. sanctions. It’s a bet that
U.S. stock futures were flat Tuesday night after the Dow Jones Industrial Average dropped nearly 300 points on rising investor worries about the state of the economic recovery and the next action by the Federal Reserve. Dow Jones Industrial Average futures ticked 8 points higher, or 0.02%. S&P 500 and Nasdaq 100 futures climbed 0.05%
Stephen Scherr, chief strategy officer and head of GS Bank USA at Goldman Sachs & Co. Jon Halty | Bloomberg | Getty Images Goldman Sachs named Denis Coleman the bank’s new chief financial officer beginning next year. Coleman, the current co-head of the firm’s Global Financing Group, will take over for Stephen Scherr, who is
In this article SPCE APA OXY DELL Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines in midday trading. Marathon Oil — Shares of the exploration
U.S. stock index futures were modestly higher during overnight trading on Monday, after the S&P 500 finished in the green, snapping a five-day losing streak. Futures contracts tied to the Dow Jones Industrial Average rose 75 points. S&P 500 futures gained 0.2%, while Nasdaq 100 futures were up 0.13%. The Dow and S&P both advanced