Stock futures are flat in overnight trading after Dow closes above 34,000 for the first time
Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures were little changed in overnight trading on Thursday after the Dow Jones Industrial Average crossed the 34,000 threshold for the first time ever. Futures on the...
The economy is running on a stimulus-fueled caffeine high. What will happen when it wears off?
Construction worker make infrastructure repairs on the intersection of Church Avenue and Coney Island Avenue in the Flatbush neighborhood of Brooklyn borough on April 06, 2021 in New York City. Michael M. Santiago | Getty Images The setting for 2021...
Online bank N26 jumps into insurance, taking on giants like Allianz
German online bank N26 has launched an insurance service. N26 LONDON — German digital bank N26 is getting into insurance. The Berlin-based fintech said Thursday that it’s launching insurance policies for smartphones in partnership with local start-up Simplesurance. Plans start...
Jamie Dimon says U.S. consumers are ‘coiled, ready to go’ with $2 trillion more in checking accounts
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., gestures while speaking during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Thursday, March 14, 2019. Christopher Morin | Bloomberg | Getty Images Government...
Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & more
Here are some of the companies making headlines in premarket trading: Goldman Sachs (GS) — Goldman shares rose more than 1% in premarket trading after the company’s first-quarter results handily topped Wall Street’s expectations. The bank earned $18.60 per share,...
Stock futures are flat ahead of earnings season kickoff
U.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch of corporate earnings. Dow futures fell just 10 points. S&P 500 futures gained 0.03% and Nasdaq 100 futures dipped 0.02%. On Tuesday, the S&P 500...
‘When is the housing market going to crash?’ is a red-hot search on Google – here’s why
Rick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the driveway as a couple waits to enter a property he is trying to sell during a “controlled” open house on May 2, 2020 in Revere,...
Consumer prices rise more than expected, pushed by 9.1% jump in gasoline
Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday. The consumer price index...
Alibaba shares close higher after Beijing orders Ant Group to revamp business
A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters GUANGZHOU, China — Alibaba shares in Hong Kong closed 0.43% higher...
The third round of stimulus checks helped, but millions of Americans are still struggling
While the number of Americans struggling to put food on the table and pay bills fell last month, new data shows that millions are still feeling the financial effects of the Covid-19 pandemic. The third round of stimulus payments started...