Finance

The logo of cryptocurrency exchange Binance displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket via Getty Images Binance will no longer offer digital versions of stocks like Tesla, Apple and Coinbase, as the cryptocurrency exchange faces growing pressure from regulators around the world. The world’s

Federal Reserve chair Jerome Powell has been testifying on Capitol Hill this week, and it’s pretty clear that he is not a fan of digital coins – especially stablecoins. During a two-day congressional hearing, the Fed chief said the main incentive for the U.S. to launch its own central bank digital currency, or CBDC, would

Serhii Shleihel | iStock | Getty Images Signs are mounting that student loan borrowers could get more time before they need to resume their payments. For more than 16 months now, most borrowers’ bills have been on pause, thanks to a break offered by the U.S. Department of Education because of the financial struggles wrought

A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. State Street — The financial firm’s shares rose 2.6% after beating on the top and bottom

In this article SQ Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Payments company Square is launching a

Gojek drivers wearing protective masks wait for a customer along a road in Jakarta, Indonesia on Wednesday, April 22, 2020. Dimas Ardian | Bloomberg | Getty Images SINGAPORE — Southeast Asia’s late-stage start-ups are attracting growing interest from blank-check companies that want to take them public, a venture investor told CNBC. More than 40 SPACs

In this article MSFT NFLX AAPL US10Y Scott Mlyn | CNBC Futures contracts tied to the U.S. stock indexes slipped at the start of the overnight session Thursday evening as Wall Street neared the end of the first major week of second-quarter earnings reports. Contracts linked to the S&P 500 lost 0.1%, while Dow futures

[The stream is slated to start at 9:30 am ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Committee on Banking, Housing and Urban Affairs to conclude his two-day appearance on Capitol Hill to discuss the economy and

SINGAPORE — As most of Southeast Asia continues to grapple with Covid, Singapore stocks are a standout regionally, according to HSBC Private Banking & Wealth Management’s James Cheo. “We are just generally a little bit more cautious on Southeast Asia region, but within which, we are actually positive on Singapore,” Cheo, Southeast Asia chief investment

Visoot Uthairam | Moment | Getty Images Americans have lost nearly $500 million to Covid-related scams since the start of the pandemic, according to Federal Trade Commission data. And the agency is warning that con artists will likely try to take advantage of families who expect to get monthly payments from the child tax credit,

A visual representation of digital currencies. Yuriko Nakao | Getty Images LONDON — Cryptocurrencies aren’t yet big enough to pose a systemic risk to financial stability, Bank of England Deputy Governor Jon Cunliffe said Wednesday. “The speculative boom in crypto is very noticeable but I don’t think it’s crossed the boundary into financial stability risk,”

Investors may want to keep the antacid nearby. Long-term market bull Tony Dwyer sees near-term turbulence in connection with his “summer of indigestion” call. So, he’s encouraging investors to resist making any big moves right now. “We’ve had one heck of a run. It’s been an excessive run in the indices,” the Canaccord Genuity chief

A used car dealership is seen in Laurel, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop. Jim Watson | AFP | Getty Images Price increases in used cars, car rentals,

In this article BA JPM PEP Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage giant gained 1.3% in premarket trading, after beating estimates on the top and bottom lines and raising its full-year forecast. PepsiCo earned an adjusted $1.72 per share for the quarter, 19 cents above

Signage for digital payment services Alipay by Ant Group, an affiliate of Alibaba, and WeChat Pay by Tencent are displayed outside a currency exchange in Hong Kong, China, on Tuesday, Sept. 1, 2020. Chan Long Hei | Bloomberg | Getty Images BEIJING — As China’s anti-monopoly and data security crackdown creeps into restrictions on U.S.

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, June 22, 2021. Graeme Jennings | Pool | Reuters Federal Reserve Chairman Jerome Powell is tasked this week with convincing Congress that the ultra-easy policies the central bank has followed during

Shares of Virgin Galactic rose slightly on Monday following the commercial spaceflight company’s successful test flight with founder Sir Richard Branson. Shares of Virgin Galactic — which trades under ticker SPCE —are up 2% in premarket trading after the company successfully completed its first fully crewed test flight into suborbital space on Sunday, a major

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures opened mostly flat late Sunday as earnings season kicks off this week. Futures on the Dow Jones Industrial Average added 25 points, or 0.07%. S&P 500 futures edged 0.08% higher and Nasdaq 100 futures rose 0.17%. The three major indexes closed

In this article LEVI GM PSMT ACCD A sign in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell Thursday:  Levi Strauss — Shares of Levi Strauss added 3.2% after the retailer crushed Wall

China’s Ministry of Commerce Spokesman Gao Feng addressed reporters at a regular press conference on April 29, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — China’s Ministry of Commerce plans to scrutinize foreign investment more closely on the basis of national security. The ministry’s priorities for the next five