Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures were flat in overnight trading Thursday after the major indexes fell amid concerns of a slowdown in economic growth. Futures on the Dow Jones Industrial Average added 7 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures also traded near
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A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned. The bank is shutting down all existing
If a student invested $1,300 in Netflix stock in 2014, after three years they would have $4,527. Jill Brady | Portland Press Herald | Getty Images Teenagers haven’t had a better summer for employment since 1953. In June, the unemployment rate for teenagers aged 16 to 19 was 9.9%, the lowest it has been since
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Isaac Diaz, who turned 40 in June, has kicked his plan to pay off his car loan into overdrive. “Right now, I’m focused on paying my car off,” Diaz says. “I’m so happy because I’m only a few months removed from paying this thing off.” Diaz owns a 2013 Acura TSX that he refinanced in
In this article COIN NVDA DIDI SCHW JPM KSU The RealReal exterior Soruce: CNBC Check out the companies making headlines in midday trading. Charles Schwab — Shares of the online broker dipped over 2% after Goldman Sachs downgraded the stock to neutral from buy. The Wall Street firm said investors should back away from the
John Lund | Getty Images You’ve probably heard that you shouldn’t let your emotions drive your financial decisions. Yet that may be harder than it sounds, especially when the market sells off. In fact, there may be a number of psychological biases holding you back from building wealth. That’s because the part of our brain
Jeremy Allaire, Co-Founder and CEO, Circle David A. Grogan | CNBC Payments and digital currency firm Circle plans to go public later this year through a merger with special purpose acquisition company Concord Acquisition Corp. The deal, which Circle announced on Thursday, is expected to close in the fourth quarter and would value the company
A job seeker fills out an application form during a restaurant and hospitality career fair in Torrance, California, on June 23, 2021. Eric Thayer/Bloomberg via Getty Images The number of Americans out of work for at least a year jumped by 248,000 in June, underscoring persistent challenges for some households even as the broader labor
Ben Rains dives into the market’s strong run to end the second quarter. The episode then explores why investors might want to consider adding two Zacks Rank #1 (Strong Buy) stocks, Zoom Video (ZM) and ServiceNow (NOW), as long-term buys for the second half of 2021 and beyond. (0:45) – Stock Market Update: Everything You
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
Here are the most important news, trends and analysis that investors need to start their trading day: Dow to drop nearly 500 points as Covid concerns resurface 10-year Treasury yield falls on global economic growth worries Tokyo to go under state of emergency ahead of Olympics Global coronavirus deaths top 4 million as delta variant
Chengdu city street vendors, like this one pictured on June 18, 2020, were mentioned by Chinese Premier Li Keqiang during COVID-19 as an example of economic recovery. Yuyang Liu | Getty Images News | Getty Images BEIJING — China’s top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy
Getty Images Strong jobs gains and falling unemployment point to progress in the U.S. economic recovery from the coronavirus pandemic. In June, the country added 850,000 jobs, more than expected, and is now 7.13 million below the February 2020 level. And by the end of June, weekly jobless claims slumped to 364,000, a coronavirus pandemic low, according
Businesses around the world often operate in more than one country, making them subject to multiple tax jurisdictions. To prevent businesses from minimizing their tax liability by taking advantage of cross-country differences, countries have implemented various anti-tax avoidance measures, such as the so-called Controlled Foreign Corporation (CFC) rules. Controlled Foreign Corporation rules apply to certain income
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
While Biogen rides a big-cap rollercoaster, a few small players are creating better trading opps.
In this article PFIZER-IN MRNA 22UA-DE PFE SVA 1099-HK Covid-19 vaccines by Chinese firms Sinopharm (left) and Sinovac arrived at the Phnom Penh International Airport in Cambodia on June 8, 2021. Sovannara | Xinhua News Agency | Getty Images Among countries with both high vaccination rates and high rates of Covid-19 infection, most rely on
One of Wall Street’s biggest bulls isn’t jumping on the growth stock bandwagon. Despite the tech-heavy Nasdaq‘s run to record highs, Credit Suisse’s Jonathan Golub prefers value trades right now. “The second quarter of this year will be the fastest GDP quarter that we had since 1952. So basically since the Marshall Plan and the
Former Theranos CEO Elizabeth Holmes attends pre-trial hearing in the U.S. government’s fraud case against her on May 5, 2021. CNBC The mystery of missing Theranos patient test results that allegedly showed a high failure rate was the focus of former CEO Elizabeth Holmes’ pre-trial hearing on Wednesday. Holmes, pregnant and expected to give birth