Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images U.S. stock futures were slightly down Thursday morning as investors looked ahead to the release of September’s consumer price index report. Futures tied to the Dow Jones Industrial Average traded near…
The Commodity Futures Trading Commission headquarters in Washington, DC, U.S. Ting Shen | Bloomberg | Getty Images KalshiEx has listed more than two dozen new options in recent days for the exchange’s customers to bet on political outcomes, including the presidential race, the popular vote and Electoral College margins of that race, and individual Senate…
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images An abrupt turn higher for mortgage interest rates caused weekly demand from both potential homebuyers and current homeowners to drop. Total mortgage application volume fell 5.1% last…
A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. David Gray | Reuters New Zealand’s central bank has slashed its benchmark interest rate by 50 basis points after its monetary policy meeting, marking a second straight cut to its benchmark…
Uber CEO Dara Khosrowshahi on Tuesday announced that the company is updating its platform with new sustainability-minded features, including an “EV preference” that will let customers opt for fully electric vehicles by default, whenever they hail a ride. The company previously launched an “Uber Green,” service which has historically included a mix of battery-electric vehicles,…
A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024. Costfoto | Nurphoto | Getty Images SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus. While mainland China’s CSI 300…
Coinbase’s move to delist some stablecoins this year could help the company’s bottom line, according to one analyst. The crypto exchange operator said Friday it will delist stablecoins in Europe that are not compliant with requirements of the Markets in Crypto-Assets regulation, the celebrated European Union crypto law that will fully take effect Dec. 30….
Shoppers on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images Chinese investors are looking for more policy direction from China’s top economic planning body on Tuesday, when mainland markets return from a week-long holiday. A panel of senior officials from the National Development and Reform…
This is a photograph of a Rio Tinto mining helmet taken on 2 Jun. 2020. Aaron Bunch | Getty Images The world’s second-largest miner Rio Tinto expressed interest in acquiring U.S. lithium producer Arcadium, the two companies confirmed in separate statements on Monday. No financial specifics were disclosed. Rio Tinto said that there is no…
Democratic presidential nominee and U.S. Vice President Kamala Harris reacts while speaking about Republican presidential nominee and former U.S. President Donald Trump, during a campaign event at a fire station, in Redford Charter Township, Michigan U.S., October 4, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris is slated to hit the media circuit in…
