China’s digital yuan could pose challenges to the U.S. dollar
China is beating the U.S. when it comes to innovation in online money, posing challenges to the U.S. dollar’s status as the de facto monetary reserve. Nearly 80 countries — …
Financial News
After being ravaged by the delta Covid variant, how is India doing now?
A health worker seen preparing the shot of Covid Vaccination to a beneficiary at a vaccination centre at Mandir Marg, on July 21, 2021 in New Delhi, India. Hindustan Times …
Tech stocks lead Nasdaq to third straight day of gains
Tech shares led U.S. stocks higher Thursday, despite an unexpected jump in jobless claims that resurfaced some concerns about the economy and sent bond yields lower. The Dow Jones Industrial …
Bitcoin extends gains, climbing above $32,000 as cryptocurrencies rebound from sell-off
A bitcoin sign with a graph pictured in the background. STR | NurPhoto via Getty Images Bitcoin and other cryptocurrencies recovered Wednesday after a brief sell-off, with the world’s biggest …
Netflix beats on paid subscriber growth, but misses earnings expectations
VIDEO 5:34 05:34 Loup Ventures’ Gene Munster weighs in on Netflix’s quarter Fast Money Shares of Netflix recovered from an initial dip and were up nearly 1% after the bell …
Dow tumbles 700 points for its worst drop since October as investors fear a Covid resurgence
U.S. stocks fell aggressively Monday on concern a rebound in Covid cases would slow global economic growth. The selling picked up as the session went on, and the Dow Jones …
OPEC and allies target full end to oil production cuts by September 2022, increase supply limits as prices climb
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries, following the outbreak of the coronavirus …
Photos show disastrous flooding in western Europe
Key Points The World Meteorological Organization said Friday that some parts of western Europe had received up to two months worth of rainfall in just two days. Parts of Switzerland, …
Dow drops nearly 300 points on Friday, snaps 3-week winning streak
U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports. The …
Yellen sees ‘several more months of rapid inflation’ before easing, worries about housing impact
VIDEO 1:54 01:54 Treasury Sec. Janet Yellen: We’ll have several more months of rapid inflation Closing Bell Treasury Secretary Janet Yellen cautioned Thursday that prices could continue to rise for …