Finance

Take a look at some of the biggest movers in the premarket: Zillow (Z) – Zillow slid 6.4% in premarket trading, following a Bloomberg report that the company has temporarily stopped its home-buying service due to overwhelming demand. Revance Therapeutics (RVNC) – Revance shares plunged 33.2% in the premarket after the Food and Drug Administration

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Monday’s session from Asia focuses on responsibility and regulation. The way in which we achieve a sustainable future

In this article BTC.CM= Bitcoin on display. Chesnot | Getty Images Bitcoin climbed Friday to hit a five-month high, and was inches away from hitting $60,000. The world’s biggest cryptocurrency surged as high as $59,920, notching its highest level since May. 10. But it struggled to break above the $60,000 mark. Bitcoin was last trading

Richmond Federal Reserve President Thomas Barkin said Friday he’s on board with reducing the amount of economic help the central bank is providing as concerns grow about inflation. With the Fed indicating that it’s likely to start pulling back on its monthly bond purchases, Barkin said that seems reasonable and he’s leaning toward beginning the

The Good Brigade | DigitalVision | Getty Images The vast majority of health savings account owners aren’t investing their money — and it’s likely shortchanging them over the long term. Just 9% of accountholders were investing a portion of their HSA balance in 2020, according to an Employee Benefit Research Institute study published Thursday. The

Michael Sonnenshein, chief executive officer of Grayscale Investments LLC, speaks virtually during a Crypto Summit Feb. 25, 2021. Daniel Acker | Bloomberg | Getty Images Grayscale Investments plans on filing an application to convert the world’s biggest bitcoin fund into a spot ETF early next week, according to a person with knowledge of the matter.

In this article GS SPCE JBHT Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. J.B. Hunt Transport Services — Shares of J.B. Hunt jumped more than 9% after the company beat estimates on

In this article CRSR PSON-GB TFC SPCE MRNA PNC Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna added 3.2% in premarket trading after rising 3.2% yesterday, following an FDA panel recommendation for a booster dose of its Covid-19 vaccine. The panel recommended approval of a booster for people 65 and

Workers labor in a factory of bathing suits in Jinjiang in southeast China’s Fujian province Tuesday, Sept. 28, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Ahead of China’s quarterly growth numbers due out on Monday, most major investment banks have trimmed their economic predictions for the year and warned that abrupt

People receive information as they attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. PATRICK T. FALLON | AFP | Getty Images More than a third of jobless Americans are still long-term unemployed, and federal benefits for these workers ended more than a month ago.   However, the number of

In this article MS James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019. Simon Dawson | Bloomberg | Getty Images Morgan Stanley is set to report third-quarter earnings before the opening bell on

Inflation, whipped up by the supply chain crisis, will push bond yields higher over the next several weeks, according to Wells Fargo Securities’ Michael Schumacher. The firm’s head of macro strategy believes the benchmark 10-year Treasury Note yield could reach 1.9% before year-end — a 23% jump from Wednesday’s close. “Number one is inflation. It’s

Federal Reserve officials could begin reducing the extraordinary help they’ve been providing to the economy by as soon as mid-November, according to minutes from the central bank’s September meeting released Wednesday. The meeting summary indicated members feel the Fed has come close to reaching its economic goals and soon could begin normalizing policy by reducing

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 25, 2019. Tiffany Hagler-Geard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Wednesday Here’s what Wall Street expects: Earnings: $3 per share,

St. Louis Federal Reserve President James Bullard advocated Tuesday for the central bank to be aggressive as it starts winding down its monthly bond-buying program in case inflation becomes a larger problem. In a CNBC interview, the Fed official said he thinks it’s a 50-50 chance that the current inflation pressures are transitory, so policymakers

Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, September 13, 2021. Brendan McDermid | Reuters Closely followed innovation investor Cathie Wood said they migration trend playing out in her own company is further evidence that investors should fear deflation

Traders work on the floor of the New York Stock Exchange (NYSE) on October 04, 2021 in New York City. Spencer Platt | Getty Images Stock futures were little changed in overnight trading on Monday after Wall Street kicked off the week on a sour note. Futures on the Dow Jones Industrial Average dipped 20

Deal-making activities worldwide could hit a record $6 trillion by the end of the year as businesses continue to embrace cheap financing and the pandemic recovery, KPMG has said. Global mergers and acquisition volumes have so far surpassed $4.3 trillion this year, according to Refinitiv data, moving closer to the all-time high of $4.8 trillion

JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images Global supply-chain hiccups caused by the coronavirus have put a damper on economic growth, but the problem will be a fleeting one,

Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days. U.S.-listed start-up Xpeng