Americans support Biden’s spending and want him to spend more, polls show
President Joe Biden delivers remarks on the administration’s coronavirus disease (COVID-19) response outside the White House in Washington, U.S., April 27, 2021. Kevin Lemarque | Reuters Americans broadly back the big-ticket spending proposals that have defined President Joe Biden’s first...
Jerome Powell is a heavy favorite on Wall Street to be renominated as Fed chair
US Federal Reserve Chairman Jerome Powell gives a press briefing after the surprise announcement the FED will cut interest rates on March 3, 2020 in Washington, DC. Eric Baradat | AFP | Getty Images Federal Reserve Chairman Jerome Powell is...
The Fed will stay put in 2021 despite growing concerns about overheating economy, CNBC survey says
Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve will remain on hold for...
February home prices see the biggest gain in 15 years, S&P Case-Shiller says
A “For Sale” sign outside a house in West Palm Beach, Florida, April 7, 2021. Marco Bello | Bloomberg | Getty Images Home price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars. Nationally,...
Stocks making the biggest moves in the premarket: UPS, Crocs, Eli Lilly, GE, Hasbro & more
Take a look at some of the biggest movers in the premarket: United Parcel Service (UPS) – UPS earned $2.77 per share for the first quarter, compared to a consensus estimate of $1.72 a share. Revenue also came in above...
Stock futures are flat after S&P 500 and Nasdaq close at record highs
Traders on the New York Stock Exchange. Source: NYSE Stock futures held steady in overnight trading on Monday as investors braced for another batch of corporate earnings. Futures on the Dow Jones Industrial Average and S&P 500 futures were little...
Singapore’s top banks could see a boost in share prices as earnings bounce back
View of the Singapore Central Business District. Suhaimi Abdullah | Getty Images News | Getty Images SINGAPORE — Singapore’s three largest banks are expected to report improved earnings as the global economy recovers from the Covid-19 pandemic, said analysts. ...
The Fed is unlikely to hint at policy changes next week, even with a stronger economy
Federal Reserve Jerome Powell testifies during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters Federal Reserve officials next week are likely to...
Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with him
A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that...
‘This is our generation’s moonshot,’ Energy Secretary Granholm says of fighting climate change
Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday...