Economy
Stocks making the biggest moves premarket: Boeing, Anaplan, Nielsen Holdings and more
Check out the companies making headlines before the bell: Boeing (BA) – A Boeing 737-800 jet operated by China Eastern Airlines crashed in the mountains of southern China with 132 people aboard, with no immediate word on casualties. Boeing shares sank 5.8% in the premarket. Anaplan (PLAN) – Anaplan agreed to be bought out by […]
Read More
Russian bond yields spike as trading resumes after month-long pause
Some Russian assets returned to trading on Monday after almost a month on the sidelines, with bidding on OFZ government bonds open for limited hours on the Moscow Exchange. The Central Bank of Russia announced on Friday that trading in federal loan bonds would resume on a discrete auction basis between 10 a.m. and 11 […]
Read More
The ‘Great Resignation’ has gone global – and it’s shaking up the labor market for good
Millions of workers worldwide have quit their jobs without something else lined up. So, what is the Big Quit, and how will it change our workforce? Chloe Loh, like many other workers across the world, epitomizes the “Great Resignation.” “I left my job in December,” Loh told CNBC. “I was looking for a role that […]
Read More
Why companies spend millions on crash test dummies
A car buyer may never see crash test dummies, but they are a crucial piece of what keeps pushing automotive safety forward. The latest crash test dummies are loaded with sensors and new tech, and they can cost $1 million. Major automakers and suppliers can have fleets of dozens of dummies. New dummies are also […]
Read More
Why high gas prices fall harder on lower earners
High gasoline prices are impacting all American drivers — but low-income households bear the brunt of it. That’s because low earners funnel a bigger share of their budgets to transportation costs and other staples, like food and energy, relative to wealthier households. U.S. gas prices had jumped to $4.32 a gallon, on average, as of […]
Read More
Stocks making the biggest moves midday: GameStop, Tesla, FedEx and more
Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading Friday. GameStop — Shares of the video game retailer gained about 2%, erasing big overnight losses, as investors looked past the company’s […]
Read More
China says Xi and Biden’s two-hour call focused on the need for peace in Ukraine
A screen shows Chinese President Xi Jinping attending a virtual meeting with U.S. President Joe Biden via video link, at a restaurant in Beijing, China November 16, 2021. Tingshu Wang | Reuters WASHINGTON — President Joe Biden held a nearly two-hour phone call on Friday morning with Chinese President Xi Jinping to discuss Russia’s invasion […]
Read More
Fed Governor Waller says half-point rate hikes could be needed as ‘inflation is raging’
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller told CNBC on Friday that the central bank may need to enact one […]
Read More
5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop as S&P 500 still tracks for best week since November 2020 Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures dropped Friday as the S&P 500 […]
Read More
Tech companies fight low morale and attrition with more equity grants as their stocks get slammed
Traders work on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Tech companies are looking to issue new stock and cash perks as slumping share prices weigh on employees’ wallets and morale. Robinhood, Snap, Roku and Uber are among those offering more equity grants or cash compensation amid drops in their […]
Read More