Dow futures tumble From CNN Business' David Goldman Russia continued to bear down on Ukraine’s largest cities over the weekend, but Russian fighters bore stiff resistance from Ukrainians. Peace talks are set to take place between delegates of the two nations Monday on the Ukrainian-Belarusian ...
From CNN's Alicia Wallace Jerome Powell testifying in front of the Senate Banking Committee today. (From U.S. Senate Committee on Banking, Housing, and Urban Affairs) In prepared remarks, Federal Reserve Chair Jerome Powell said Tuesday the US central bank is prepared to increase the pace ...
From CNN Business' Rishi Iyengar US stock futures are pointing up. European markets edged higher in early trading, while major stock markets in Asia also closed higher. It’s a quiet day for earnings: Colgate-Palmolive (CL) is set to report before the open, and Ericsson (ERICSS) just...
Futures point to a strong open From CNN Business' David Goldman It’s been the same story for the past several months, so why not continue it today? Stocks are rallying on hopes for more stimulus from Congress and the Federal Reserve. Treasury Secretary Steven Mnuchin urged Congress to al...
Harris is expected to call Trump today to concede and will also make a public concession speech, two aides to the vice president told NBC News. The vice president will address the nation at 4 p.m. ET at her alma mater, Howard University, the White House said. ...
Avenue Capital's Marc Lasry said his firm recently lent money at 20% interest, an indication credit markets are still facing challenges. A few weeks ago they would have charged 15%, Lasry said. "We should not be able to charge 20%. That means there's still issues in the market. As ...
From CNN Business' Jordan Valinsky US stock futures are back on track to return to record territory after falling for the first time in six sessions Tuesday. Investors will be looking closely at January’s inflation report, due at 8:30 am ET, which will indicate whether the Fed is correct...
From CNN's David Goldman Stocks:USstock futuresfell ahead of several bank earnings this morning. Investors also fretted a retail sales report that is expected to show consumers are pulling back on their spending. Dow futures were down 75 points, or 0.2%. S&P 500 futures fell 0.2%. Nasdaq ...
From CNN Business' David Goldman A stronger-than-expected GDP report weighed on Wall Street investors worry the Federal Reserve may have room to raise rates for quite some time. US GDP for the third quarter came in at a 2.9% seasonally adjusted annual rate. Dow futures fell 14 points....
The Federal Reserve will also always be willing to lend to states so that money may trickle down to local governments, Powell said during his testimony. “We’ve been gradually expanding the scope of borrowers,” Powell added. Link Copied!