Stock futures opened slightly higher Wednesday evening as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.Contracts on the S&P 500 gained. Earlier, the blue-chip index rose for the first time in five sessions and shook off…
Posts published in “Finance”
SINGAPORE — Markets in mainland China fell more than 1% on Wednesday's open before bouncing back slightly amid the ongoing Evergrande crisis, as markets reopened for trade after a two-day holiday.With global markets selling off earlier this week, investors kept a close watch on the China markets for any fallout surrounding the embattled developer.Both the…
Former Food and Drug Administration Commissioner Dr. Mark McClellan told CNBC that it seems realistic that younger kids will be getting vaccinated for Covid-19 based on the new data released by Pfizer on Monday."Those findings are very promising, especially around the ability of a very small dose, leading to a very strong immune reaction," said…
(Bloomberg) -- Growing investor angst about China’s real estate crackdown rippled through markets on Monday, adding pressure on Xi Jinping’s government to prevent financial contagion from destabilizing the world’s second-largest economy.Hong Kong real estate giants including Henderson Land Development Co. suffered the biggest selloff in more than a year as traders speculated China will extend…
By Simon JackBusiness editorimage source, Getty ImagesThe government is considering offering emergency state-backed loans to energy companies as firms battle to stay afloat amid surging gas prices.Business Secretary Kwasi Kwarteng will hold crisis talks with industry bosses including Centrica and E.On on Monday.Smaller suppliers face ruin as price hikes have made their price promises to…
A new report from the Social Security Administration showing benefits could be reduced sooner than anticipated could set off alarm bells — especially among those planning to retire within the next decade.Social Security's surplus reserves are expected to run out in 2033, one year earlier than previously estimated, according to the Trustees of the Social…
Students arrive for the first day of the school year at Mott Hall Bridges Academy in Brooklyn on Monday.Credit...Chang W. Lee/The New York TimesNew York City’s classrooms reopened on Monday to roughly a million children, most of whom were returning for the first time since the United States’ largest school system closed in March 2020.While…
Shareholders may pursue 737 MAX claims against Boeing board, court rules Fox BusinessBoeing: Directors to face investor lawsuit over fatal crashes BBC NewsShareholders may pursue some 737 MAX claims against Boeing board, court rules Yahoo FinanceBig Boeing customer says it is walking away from new MAX order Fox BusinessWhat Is Boeing's MAX 10 and Why Is Ryanair Backing Away? Barron'sView…
The iPhone 12 Mini hasn't been selling well, and reports suggest that an iPhone Mini 13 could be the last. Patrick Holland/CNET If you prefer smaller phones, you have something to look forward to this month when Apple is expected to launch an iPhone 13 Mini as part of its iPhone 13 lineup. But don't…
Get out your popcorn, and get your trading apps open — after months in the waiting, Federal Reserve Chair Jerome Powell is set to deliver remarks on the economic outlook at the Kansas City Fed’s Jackson Hole economic symposium. Expect him to inch up to the line, but not quite announce, that the Fed will…