CNBC - Finance

Here's what happened to the stock market on Friday

Fri, 07 Aug 2020 21:09:47 GMT

The Dow and S&P 500 eked out their sixth straight gains as a strong jobs report outweighed U.S.-China tensions and concerns about a new fiscal stimulus package.

Stocks making the biggest moves midday: FedEx, T-Mobile, Uber & more

Fri, 07 Aug 2020 17:03:19 GMT

Check out the companies making headlines in midday trading.

The unemployment rate fell in July. Here's why that's important

Fri, 07 Aug 2020 15:58:04 GMT

The unemployment rate, typically a measure of financial hardship, fell to 10.2% in July.

Stocks making the biggest moves in the premarket: TripAdvisor, T-Mobile US, FedEx, Uber & more

Fri, 07 Aug 2020 11:41:49 GMT

The stocks making the biggest moves in premarket trading include TripAdvisor, T-Mobile US, FedEx, Uber, and more.

UK digital bank Starling's losses doubled in 2019 — but it expects to break even this year

Fri, 07 Aug 2020 09:01:19 GMT

The app-based bank said it had seen lending activity spike thanks to the U.K. government's emergency coronavirus financing schemes.

Stock futures are flat in overnight trading with all eyes on July jobs report

Fri, 07 Aug 2020 00:22:46 GMT

All eyes are on the monthly jobs report, which is expected to show a slowdown in job gains amid a spike in coronavirus cases across the U.S.

'Stars are aligned against the dollar,' top currency strategist warns

Thu, 06 Aug 2020 23:52:20 GMT

Brown Brothers Harriman's Win Thin expects the dollar to bottom later this year.

Fintech funding in Asia failed to rebound in the second quarter, report says

Thu, 06 Aug 2020 23:52:19 GMT

Fintech companies in Asia saw their capital raise fall around 37% from $2.56 billion in the first quarter to $1.62 billion in the second, a CB Insights report said.

Here's what happened to the stock market on Thursday

Thu, 06 Aug 2020 20:08:34 GMT

Stocks rose once again after a late-day surge in tech stocks.

In California, 57% seeking unemployment benefits lost their jobs for a second time

Thu, 06 Aug 2020 16:49:32 GMT

More than half of workers who recently applied for unemployment benefits in California were doing so because their jobs or hours were cut again, hinting at the nation's unstable economic recovery.

Goldman names new head of digital assets in bet that blockchain is the future of financial markets

Thu, 06 Aug 2020 15:58:40 GMT

The appointment of Mathew McDermott means the newest face of blockchain and cryptocurrency on Wall Street isn't a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets.

Stocks making the biggest moves midday: Roku, Penn National Gaming, Western Digital & more

Thu, 06 Aug 2020 15:55:15 GMT

Check out the companies making headlines in midday trading.

Stocks making the biggest moves in the premarket: Hilton, Restaurant Brands, Bausch Health ...

Thu, 06 Aug 2020 14:10:58 GMT

The stocks making the biggest moves in premarket trading include Hilton, Restaurant Brands, Bausch Health, and more.

Bank of England holds rates steady but warns of a slower economic recovery

Thu, 06 Aug 2020 09:25:49 GMT

The Bank of England has held interest rates steady and maintained its existing level of asset purchases, but warned it is anticipating a slower economic recovery from the coronavirus crisis.

Singapore's largest bank reports 22% fall in quarterly profit as it guards against ...

Thu, 06 Aug 2020 00:29:01 GMT

Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 billion Singapore dollars.

Nikola's entire quarterly revenue of $36,000 was from solar installation for the executive chairman

Thu, 06 Aug 2020 00:04:31 GMT

All of Nikola's revenue in the second quarter was connected to solar installations for one of the company's executives.

Trillions of dollars on sidelines will pour into the market post-coronavirus, Oppenheimer's ...

Wed, 05 Aug 2020 23:41:10 GMT

Oppenheimer Asset Management's John Stoltzfus expects a temporary setback to the March 23 rally, but he's not abandoning his bullish stance on stocks.

Stocks making the biggest moves after hours: Etsy, Western Digital, Live Nation and more

Wed, 05 Aug 2020 22:10:48 GMT

See which stocks are posting big moves after the bell.

Fed's Mester calls on Congress for pandemic recovery help, says 'downside risks' to the economy ...

Wed, 05 Aug 2020 21:17:02 GMT

Mester called Wednesday for more help from Congress and said the central bank stands at the ready to provide whatever resources it can to help an economy at risk from rising coronavirus cases.

Here's what happened to the stock market on Wednesday

Wed, 05 Aug 2020 20:15:56 GMT

Positive news on the coronavirus front and strong earnings from Disney lifted the market on Wednesday.