[ad_1] This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau. Eduardo Leal | AFP | Getty Images Check out the companies making headlines in midday trading. Wynn Resorts — Shares of the casino operator jumped 10% after a […]

[ad_1] The U.S. economy is experiencing a “mitigation of growth” but not a slowdown, Bank of America CEO Brian Moynihan said Friday. Interest rate hikes by the Federal Reserve are starting to be felt in the housing and auto markets, and renters will see their budgets squeezed as landlords pass on higher costs, he told […]

[ad_1] Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China’s central government is not likely to spend billions to save the struggling […]

[ad_1] Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 28.1% after it missed revenue estimates and saw its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and Meta Platforms down about […]

[ad_1] Pedestrians walk in snow past the Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose in extended trading Monday evening after finishing strong last week. Dow futures rose 180 points, suggested an implied open of about […]

[ad_1] U.S. stocks finished marginally higher on Friday to set another round of record closes. The Dow Jones Industrial Average added 27.7 points, or 0.1%, for a new all-time high. The S&P 500 and the Nasdaq Composite both rose 0.5%. The major averages finished with modest gains for the week, as the strong rally to […]

[ad_1] Stock futures flat after equities snap six-day winning streak Search quotes, news & videos [ad_2] Source link

[ad_1] President Joe Biden speaks delivers a foreign policy address during a visit to the State Department in Washington, February 4, 2021. Tom Brenner | Reuters President Joe Biden said this weekend that it is unlikely a $15 federal minimum wage provision makes it into the next Covid-19 relief package, hitting pause on a key […]

[ad_1] Dow dips more than 100 points, falling for the first time in 3 days Search quotes, news & videos [ad_2] Source link

[ad_1] Steven A. Cohen Scott Eells | Bloomberg | Getty Images Steve Cohen, the founder of hedge fund Point72 and owner of the New York Mets, has deactivated his Twitter account after his family received threats this week amid the GameStop trading frenzy. “I’ve really enjoyed the back and forth with Mets fans on Twitter […]

[ad_1] Ramin Talaie | Bloomberg | Getty Images GameStop shares moved higher in the choppy opening minutes Thursday after brokers restricting trading on the stock appeared to spark a sharp decline for shares in premarket trading. The stock was up more than 25% shortly before 10 a.m. ET after falling at the opening bell. Shares were […]

[ad_1] S&P 500 futures were little changed early Monday, as Wall Street prepares for the busiest week of earnings, which will include reports from some of the largest tech companies. Futures tied to the broad equity benchmark were flat. Nasdaq 100 futures added 0.9%. Futures on the Dow Jones Industrial Average, which are less linked […]