A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard is looking to bring crypto to the masses by making...
Tag: business news
Bank of America (BAC) Q3 2022 earnings
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 | Ge...
Finance Minister Jeremy Hunt delivers emergency policy statement
[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal...
China’s new growth goals require a change for attracting foreign investors, official says
A man walks along the Bund in Shanghai on Oct. 17, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — A Chinese official confirmed Monday a shift in the country’s growth goals and indicated t...
After two years of shipping snarls, things are starting to turn around
After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, ...
China’s Xi downplays need for rapid growth, praises Covid achievements
China’s President Xi Jinping kicks off the ruling party’s 20th National Congress — held once every five years — with an opening speech at the Great Hall of the People in Beijing on Oct. 16...
Xi warns against Taiwan interference at China’s CPC national congress
In a wide-ranging speech during the opening session of the 20th Chinese Communist Party’s Congress, Xi spoke firmly about China’s resolve for reunification with the self-governed island, w...
The oil trade may have more juice despite a losing week
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Ed...
In the college sports pay era, women are emerging as big winners
INDIANAPOLIS, IN – MARCH 6: Iowa guard Caitlin Clark (22) raises her arms in an effort to get the crowd cheering during the Women’s Big Ten Tournament Championship college basketball game ...
U.S. defense industry faces surging demand and a supply chain crunch
The war in Ukraine and rising tensions over Taiwan have caused demand for high-tech, American-made weapons to surge. And with the ongoing supply chain crunch and inflation continuing to rise, military...
Jim Cramer recaps 4 major banks’ earnings reports
CNBC’s Jim Cramer on Friday offered investors his thoughts on the major banks that reported earnings this week. “If the whole market hadn’t already roared yesterday, I think we could...
Take any chance to sell stocks in busy earnings week
CNBC’s Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. “The market’s dominated by the tick, tick, tick of bo...
Omicron BA.5 is declining as emerging variants gain ground: CDC data
The U.S. faces at least seven different versions of Covid-19 omicron as the nation heads into winter when health officials are expecting another wave of viral infections. Although the omicron BA.5 var...
Nikola NKLA founder Trevor Milton found guilty of fraud
Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of fo...
Rupert Murdoch explores reuniting Fox and News Corp
President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the In...
Even as inflation bites, consumers are still turning to Amazon
A spate of fresh data this week showed consumers are feeling the sting from high inflation. While that likely means more pain for retail stocks, new Wall Street research suggests club holding Amazon (...
Kroger agrees to buy Albertsons for $24.6 billion
Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares had...
How Kroger plans to win over regulators, investors
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Kroger knows it needs the blessing of investors and federal regulators to pull off...
Medieval Times sues union over trademark infringement
Medieval Times Dinner and Tournament, a family dinner theater featuring staged medieval-style games, sword-fighting, and jousting performed by a cast of 75 actors and 20 horses, held in Lyndhurst, New...
Series I bond rate expected to fall to roughly 6.48% in November
Morsa Images | E+ | Getty Images Fixed rate for I bonds will ‘most likely be zero’ I bond rates have two parts, a fixed rate, which remains the same after purchase, and a variable rate, wh...
NASA astronauts return to Earth
[The webcast is scheduled to begin at 11:15 a.m. ET. Please refresh the page if you do not see the video player above.] SpaceX is set to return its fourth operational crew mission from the Internation...
NFL and Apple are at odds in Sunday Ticket negotiations
Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas Ci...
Beyond Meat to cut 19% of its workforce as sales, stock struggle
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat plans to cut 19% of its workfo...
California approves desalination plant as drought hits water supplies
California Gov. Gavin Newsom (R) tastes wastewater that was treated at the Antioch Water Treatment Plant with Antioch Mayor Lamar Thorpe (L) on August 11, 2022 in Antioch, California. Justin Sullivan ...
Beyond Meat exec Doug Ramsey out after nose bite arrest
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey, who had been suspended following an arrest for assault, has left the company. Ramsey left the compan...
Chile has outperformed the S&P 500 this year. Here’s how
For the most part, stocks around the world have taken a beating this year. But there’s one corner of the global market that’s bucking that trend: Chile. Chilean stocks this year are leapfr...
Sony and Honda plan to start U.S. deliveries of their EV in 2026
Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint ventur...