Forex news, Company news, Analysis

Businesses should get ready for more volatility in the Chinese yuan, regulator says

Jason Lee | Reuters BEIJING — China's foreign exchange regulator told businesses Friday to prepare for more volatility in the yuan. The Chinese currency, also known as the renminbi, strengthened ...
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Stocks making the biggest moves after hours: Intel, Mattel, Gilead Sciences & more

A visitor at Intel's Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, India Manjunath Kiran | Getty Check out the companies making headlines after hours ...
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Weekly jobless claims drop to nearly their lowest level since the pandemic started in March

New filings for jobless claims in the U.S. totaled 787,000 last week, nearly the lowest total since the early days of the coronavirus pandemic. Economists surveyed by Dow Jones had ...
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September existing home sales jump 9.4%, but ‘prices are rising too fast’ as supply remains tight

Pedestrians walk past a home with a "Sold" sign in San Francisco. David Paul Morris | Bloomberg | Getty Images Sales of existing homes rose a higher-than-expected 9.4% in September ...
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Ant Group gets final approvals for its massive dual IPO and reveals share structure

GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the ...
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A Fed official who could be Biden’s Treasury secretary says Congress needs to pass stimulus to save the recovery

Federal Reserve Governor Lael Brainard issued a call Wednesday for more fiscal support from Congress, saying more stimulus is needed to address a recovery that has left out large parts ...
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Fed’s Brainard calls for more stimulus from Congress amid ‘highly uneven’ recovery

Federal Reserve Governor Lael Brainard issued a call Wednesday for more fiscal support from Congress, saying more stimulus is needed to address a recovery that has left out large parts ...
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PayPal gets into crypto with new features for trading and shopping

The PayPal application on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images LONDON — PayPal on Wednesday announced a new feature that will allow users to buy, hold ...
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Stock futures rise as stimulus talks continue, Netflix shares fall after earnings miss

U.S. stock index futures rose in overnight trading on Tuesday after White House Chief of Staff Mark Meadows said that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have ...
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UBS reports its best third quarter for a decade, with a 99% hike in net profit

The logo of Swiss banking giant UBS engraved on the wall is seen on its headquarters on May 8, 2019 in Zurich. Fabrice Coffrini | AFP | Getty Images LONDON ...
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Stocks making the biggest moves midday: American Airlines, Halliburton, RH, AMC & more

Check out the companies making headlines midday Monday: Halliburton — Shares of the oil field producer popped 2% after the company reported better-than-expected earnings for the previous quarter. Halliburton earned ...
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