Financial News

Stock futures were flat in overnight trading Wednesday after the major averages ended the regular session lower and U.S. Treasury yields rose.

The Atlanta Fed’s GDPNow tracker is now pointing to an annualized gain of just 0.9% for the second quarter.

Around 60% of 270 companies surveyed by Mercer reviewed their benefits in 2021, up from between 10% and 15% in earlier years.

Markets will be dominated by two forces – concern over inflation, or “fire,” and recession, or “ice,” said Pick, co-President of the bank.

The U.S. has distributed 1,200 vaccine doses to people who have had high risk exposures to monkeypox.

The stock market may try to regain its footing in the next few sessions, even as a fresh inflation report looms large at the end of the week.

U.S. stocks rose Thursday after an intraday comeback as the three major indexes snapped two-day losing streaks.

Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg.

EU leaders reached a weekend agreement to ban the majority of Russian crude imports, but data show the global flow of oil has already been altered.

The Chinese government faces a growing shortfall of cash, analysts say, as they predict an increase of debt to fill the gap.