Finance

In this article .DJI Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. The 30-stock benchmark broke above 40,000 for the first time. The move comes as investors

In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Victor J. Blue | Getty Images News | Getty Images AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares

In this article BB GME AMCX Follow your favorite stocksCREATE FREE ACCOUNT A GameStop store operates in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images GameStop and AMC shares fell in premarket on Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game retailer

In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers’ Association in Amsterdam. The appearance is the central bank leader’s first public address since

People purchasing fruit at an agricultural trade market on May 11, 2024 in Lianyungang, Jiangsu Province of China. Vcg | Visual China Group | Getty Images BEIJING — As China’s economy moves into the second quarter of the year, a few indicators are pointing to sluggish growth ahead if things don’t turn around, raising expectations

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the annual general meeting of the Foreign Bankers’ Association in Amsterdam, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed

Rafael Henrique | SOPA Images | LightRocket via Getty Images Swedish financial technology company Klarna said Tuesday that nearly 9 out of 10 employees in its 5,000-strong workforce are now using generative artificial intelligence tools in their daily work. Klarna, which lets individuals split their purchases into interest-free, monthly installments, said over 87% of its

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A man passes by a GameStop location on 6th Avenue in New York, March 23, 2021. View Press | Corbis News | Getty Images GameStop shares rallied more than 37% in premarket trading Monday after “Roaring Kitty,” the man who inspired the epic short squeeze of 2021,

Adam Dodd, co-founder of wealth technology app Freetrade, is stepping down as CEO. Freetrade LONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving the company with immediate effect, the company told CNBC exclusively Monday. Adam Dodds, who co-founded the company with business partners Davide Fioranell and Viktor Nebehaj in

People wait at the train station of Wu Qing, Tianjin, on January 8, 2016. Fred Dufour | Afp | Getty Images BEIJING — A group of around 1,500 homebuyers in the Chinese city of Tianjin, near Beijing, have yet to see — let alone move into to — the apartments they said they paid for

In this article INFL Follow your favorite stocksCREATE FREE ACCOUNT It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this year, Horizon Kinetics’ James Davolos thinks his firm’s Inflation Beneficiaries ETF (INFL) is in a sweet spot.  “We’re actually going into the mature phase of