Dow futures fall more than 200 points ahead of a huge week of Big Tech earnings
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures slipped after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports...
The rapid growth the U.S. economy has seen is about to hit a wall
A National Park Service worker replaces a flag at the Washington Monument which reopened today following a six month closure due to COVID-19 safety measures, in Washington U.S., July 14, 2021. Kevin Lemarque | Reuter The U.S. economy is expected...
Yellen urges Congress to raise or suspend the debt limit by Aug. 2
Treasury Secretary Janet Yellen on Friday warned Congress that her department will need to embark on “extraordinary measures” on Aug. 2 to prevent the U.S. government from defaulting if lawmakers are unable to strike a deal to raise or extend...
Stocks making the biggest moves midday: Twitter, Snap, American Express and more
S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of Snap soared 23.9% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares...
Companies from Chipotle to Whirlpool are raising prices on consumers because of higher costs
A employee sprinkles cheese on a burrito at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon | Bloomberg | Getty Images Consumer brands from Chipotle Mexican Grill to Whirlpool are dealing with inflation by passing higher costs...
California announces rollout of chip-enabled debit cards to deter theft of unemployment benefits
California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work with...
13% of Americans traded crypto in the past year, survey finds
Nicolas Economou/NurPhoto via Getty Images More than 1 in 10 Americans invested in cryptocurrency over the past year, according to a survey published by the University of Chicago, a sign of the popularity of digital currencies like bitcoin and ethereum....
Futures edge higher after stocks notch 3-day win streak
A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures edged slightly higher in overnight trading after a rise...
Sales of existing homes rise slightly as more listings finally hit the market
After four straight months of declines, sales of previously owned homes rose 1.4% in June month to month to a seasonally adjust annualized rate of 5.86 million units, according to the National Association of Realtors. These sales represent closings, so...
U.S. jobless claims show surprise gain, well above expectations
Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong recovery heading into the fall. Initial filings for unemployment insurance totaled 419,000 for the week ended July 17, well above...
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