In this article AN MO KSU Kansas City Southern (KSC) Railway locomotives idle on a fuel pad before pulling freight trains from Knoche Yard in Kansas City, Missouri. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the pharmaceutical giant rose 2.5%
Finance
In this article FB Facebook wanted to revolutionize finance with a global digital currency — then came the regulators. First proposed in June 2019 with the name libra, the token was initially intended to be a universal currency tied to a basket of sovereign currencies such as the U.S. dollar and the euro. But after
Institutional Investor Hall of Famer Richard Bernstein is finding a lot of denial about inflation risks. According to Bernstein, the evidence is baked in to how investors are positioned right now. “Think about what people love. They love long-duration equities right now,” the CEO and CIO of Richard Bernstein Advisors told CNBC’s “Trading Nation” on
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company dropped more than 9%
Anne Boden, CEO of Starling Bank, speaking at Web Summit 2019 in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — British digital bank Starling has raised £50 million ($69 million) in funding from Goldman Sachs. The fresh cash comes on top of a £272 million investment round Starling announced
In this article DBSM-SG SINGAPORE — Singapore’s largest bank DBS Group Holdings said it’s not practical to cut off clients with coal exposure in the short term. DBS on Friday announced that it aims to eliminate thermal coal exposure by 2039. To get there, DBS will cease taking on new clients that derive more than
In this article DOGE.CM= A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images Dogecoin started out as a joke. Now it’s a top-10 digital currency worth $34 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside
Aaron Newsom, left, an installer for the solar company, Sunrun, and Tim McKibben, a senior installer, prepare solar panels to be installed on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines before the bell: Morgan Stanley (MS) — Morgan Stanley
Betterment launched a new savings option that pays users up to 2.69% interest. Source: Betterment Trading apps aren’t the only ones benefiting from the rise of meme stocks. Betterment, a digital investment advisor, said it saw record growth in the first quarter of 2021. Despite offering so-called “passive” investing and not allowing clients to hand-pick
Federal Reserve Governor Christopher Waller said Friday he sees the U.S. economy as set to take off, though not at a fast enough pace that the central bank should start tightening policy. “I think the economy is ready to rip,” Waller told CNBC’s Steve Liesman during a “Squawk on the Street” interview. “There’s still more