Dow futures rise more than 100 points ahead of the first trading day of August
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021.Brendan McDermid | ReutersU.S. stock futures...
FINANCE
Delta variant surge will crush reopening stocks, longtime market bear David Rosenberg suggests
Investors may want to start August by lightening up on the reopening trades.Longtime market bear David Rosenberg warns surging Covid-19...
As businesses set up online modes, cash flows become less prone to turmoil
Non-banking financial companies have been also reworking their collection process since the onset of the pandemic by increasingly adopting electronic...
Utilities are struggling to keep the lights on as fires, drought plague California
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019.David...
There’s an unemployment cliff coming. More than 7.5 million may fall off
Los Angeles County Regional Food Bank workers help with food distribution in Willowbrook, California on April 29, 2021.FREDERIC J. BROWN...
PSU banks mobilise record fund of Rs 58,700 crore from markets in FY’21
Notwithstanding economic disruptions caused by the pandemic, public sector banks (PSBs) have managed to raise a record Rs...
IDFC First Bank sees net loss of Rs 630 cr in Q1 due to higher provisions
Private sector lender IDFC First bank reported a net loss of Rs 630 crore in the April-June quarter...
The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year
Stefani Reynolds/Bloomberg via Getty ImagesThe IRS began issuing another 1.5 million tax refunds this week to people who received unemployment...
Stocks making the biggest moves midday: Amazon, P&G, Caterpillar and more
In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background.SOPA Images...
Delays for unemployment benefits persist, over a year into pandemic
A career fair in Louisville, Kentucky, on June 23, 2021.Luke Sharrett/Bloomberg via Getty ImagesUnemployment benefits are still not reaching people...
SEC slaps new disclosure requirements on Chinese IPOs amid Beijing’s crackdown
People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021.Andrew Kelly |...
Personal loans register accelerated growth of 11.9% in June 2021: RBI
Non-food bank credit growth stood at 5.9 per cent in June compared to 6 per cent in the...
India rupee, bonds fall for second straight month; RBI policy in focus
The Indian rupee traded in a tight band in July closing the month with mild losses against the...
Stocks making the biggest moves premarket: P&G, Exxon Mobil, Chevron, Caterpillar and others
Check out the companies making headlines before the bell:Procter & Gamble (PG) – The consumer products giant rose 1.1% in...
Chevron tops estimates and announces buyback plan amid recovery in oil prices
Michael Wirth, CEO of Chevron.Adam Jeffery | CNBCChevron reported a second straight quarter of profits Friday as improving demand for...
Investors bought Chinese stocks in the last week, despite regulatory concerns
Investors watch the stock market in a securities business hall in Fuyang City, Anhui province, China, Dec. 31, 2020.Costfoto |...
Nasdaq futures fall as stocks try to round out strong July
Matteo Colombo | DigitalVision | Getty ImagesFutures contracts tied to the major U.S. stock indexes traded mixed at the start...
Stocks making the biggest moves after hours: Amazon, Pinterest, Gilead & more
A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, U.S., April 30, 2019.Clodagh Kilcoyne...
Deposit insurance: Urban cooperative banks major beneficiaries, shows data
The Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation Bill, 2021, which will allow depositors to...
Union Bank of India net profit up 255% to Rs 1,181 crore in June quarter
Public sector lender Union Bank of India on Thursday reported net profit of Rs 1,181 crore for the June...
Robinhood drops 10% in stock trading app’s Nasdaq debut
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City.Cindy Ord...
Stocks making the biggest moves midday: Hilton, Yum Brands, Tesla and more
Hilton Worldwide Holdings Inc. signage is displayed outside one of the company's hotel locations in San Francisco.David Paul Morris |...
Wall Street employees begin to mask up again as Citigroup tells workers of new mandate
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of...
Robinhood CEO on the meme stock craze: ‘I think it’s a real thing’
Robinhood CEO and co-founder Vlad Tenev on Thursday defended retail clients who invest in so-called meme stocks, saying the phenomenon...
Stocks making the biggest moves premarket: Comcast, Merck, Tempur Sealy, Yum and others
Check out the companies making headlines before the bell:Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted...
India rupee at over 3-week high on Fed’s dovish stance, gains in equities
The Indian rupee strengthened to its highest level in more than three weeks against the dollar on Thursday...
India’s inflation could go past RBI target rest of 2021, say report
India’s retail and wholesale inflation will probably accelerate during the second half of this year, according to economists...
China will still allow IPOs in the United States, securities regulator tells brokerages
A vehicle from electric car maker NIO sits outside of the New York Stock Exchange (NYSE), September 12, 2018 in...
Stock futures flat after Fed keeps interest rates near zero
Traders work on the floor of the New York Stock Exchange.NYSEU.S. stock futures were little changed in Wednesday evening trade...
Shares of Singapore’s top banks jump after regulator lifts cap on dividend payouts
Automated teller machines of the three Singapore-listed banks: OCBC, DBS and UOB.Munshi Ahmed | Bloomberg | Getty ImagesSINGAPORE — Shares...
Robinhood valued at $32 billion after selling shares in IPO at $38 per share
Robinhood, whose stock trading app has surged in popularity among retail investors, sold shares in its IPO at $38 a...
Robinhood starts trading Thursday. Here’s everything investors need to know
Robinhood is scheduled to hit the markets Thursday in one of the most highly anticipated initial public offerings of the...
Delta variant is a tougher investment risk to peg than inflation, market forecaster Jim Bianco warns
The Wall Street forecaster who warned investors to brace for once in a generation inflation has a new concern: Delta...
Stocks making the biggest moves after hours: PayPal, Facebook, Ford and more
The PayPal app shown on an iPhoneKatja Knupper | DeFodi Images | Getty ImagesCheck out the companies making headlines in...
Stocks making the biggest moves midday: Alphabet, Starbucks, Boeing and more
A logo outside the Google Store Chelsea in New York, May 28, 2021.Victor J. Blue | Bloomberg | Getty ImagesCheck...
RBI fines Axis Bank Rs 5 crore for non-compliance with certain rules
The Reserve Bank of India (RBI) on Wednesday imposed Rs 5-crore fine on Axis Bank for non-compliance with...
Syndicate Bank fraud case: Enforcement Directorate attaches Rs 5-cr assets
The Enforcement Directorate Wednesday said it has attached assets worth about Rs 5 crore in connection with a...
Fed holds rates near zero, says economy has gotten better even with pandemic worries
The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite...
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on June 16.Text removed...
HDFC enhances existing limit to borrow via medium-term bonds up to $2.8 bn
The country's largest mortgage lender HDFC Ltd on Wednesday said it has enhanced its existing limit to raise...
Sen. Elizabeth Warren shoots down a key reason investors buy bitcoin, calls for tighter regulation
Sen. Elizabeth Warren told CNBC on Wednesday she's skeptical that bitcoin will prove to be a reliable hedge against inflation over...
India needs more to convince banks, NBFCs to lend to MSMEs: AIIB economist
The Indian government needs to take more steps to encourage banks and non-banking financial companies (NBFCs) to lend...
Generac posts record quarter, but supply constraints send stock tumbling
A worker inspects a 24-kilowatt Generac home generator at Captain Electric on February 18, 2021 in Orem, Utah.George Frey |...
Generac posts record quarter, but supply constraints send stock tumbling
A worker inspects a 24-kilowatt Generac home generator at Captain Electric on February 18, 2021 in Orem, Utah.George Frey |...
UK financial watchdog cracks down on lack of diversity in boardrooms with ‘comply or explain’ proposal
LONDON — Britain's financial watchdog has proposed changing the rules for companies listed on the U.K. stock market to include...
IDBI Bank expects its gross NPAs to come down to 15% by FY22-end
The gross bad loans ratio of private sector lender IDBI Bank may come down to 15 per cent...
DFI alone not panacea for infra finance issues: Sebi member Barua
Markets regulator Sebi's whole-time director Ananta Barua on Wednesday said the re-introduction of the development finance institution (DFI)...
Swvl, a green-focused mass transit company, is going public via an all-female SPAC
Dubai-based mobility company Swvl said Wednesday that it plans to go public through a reverse merger with Queen's Gambit Growth...
Stocks making the biggest moves premarket: McDonald’s, Boeing, Pfizer, Spotify and more
Check out the companies making headlines before the bell:McDonald's (MCD) – The restaurant chain reported adjusted quarterly earnings of $2.37...
MSME credit demand in June back to level before pandemic, says CIBIL
Credit demand by MSMEs has increased to near pre-pandemic level in June 2021, recovering after a drop in...
Barclays beats profit estimates and ups shareholder payments as equities, investment banking surge
Barclays and HSBC buildings are seen amid the outbreak of the coronavirus disease (COVID-19), in London, Britain October 20, 2020.Matthew...
Wages are rising, but inflation may have given workers a 2% pay cut
Westend61 | Westend61 | Getty ImagesWorkers saw their hourly pay in June jump at the fastest clip in more than...
Dow futures decline 100 points after stocks snap five-day winning streak
U.S. stock index futures fell during overnight trading on Tuesday after the major averages pulled back from record highs, snapping...
Stocks making the biggest moves after hours: Alphabet, Microsoft, Apple and more
The logo of Alphabet Inc's Google outside the company's office in Beijing, China, August 8, 2018.Thomas Peter | ReutersCheck out...
