Markets Archives - Page 8 of 109

China’s Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges

The 597-meter high Goldin Finance 117 Tower in Tianjin, China, started construction in September 2008, but still stands unfinished in this picture, taken...

CNBC Daily Open: With a stagnant PPI, the Fed’s nearly at the finish line

Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on...

Delta pauses hot meal service on dozens of Detroit flights citing ‘food safety issue’ at caterer

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.Kent Nishimura | Getty ImagesDelta Air...

Hyper-local vs. hyper-focused: Two China ETFs go on different paths

Two exchange-traded funds are looking for profits in China with two different strategies.While the Rayliant Quantamental China Equity ETF dives into specific regions,...

Chinese finance minister to deliver highly anticipated briefing on stimulus

Lan Fo'an, China's finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng,...

Boeing to cut 17,000 jobs as losses deepen during factory strike

Boeing 737 MAX airliners are pictured at the company's factory on Thursday, Sept. 12, 2024, in Renton, Wash.Stephen Brashear | APBoeing will cut...

We’re hiking our Wells Fargo price target after the stock surged on earnings

Wells Fargo extended its recent winning streak to six straight sessions Friday despite missed expectations on third-quarter revenue. Investors focused instead on the...

We’re adding a new Bullpen stock, and it’s a financial Cramer has had his eye on

Jim Cramer has been considering a potential investment in BlackRock, the world's largest asset manager, and we're now adding it to our Bullpen...

U.S. crude oil on pace to eke out second weekly gain on Middle East war risk

U.S. crude oil on Friday was on pace to eke out its second weekly gain in a row as Israel prepares to retaliate...

Saudi sovereign wealth fund allocates $5.2 billion in green bonds project amid diversification push

Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMSaudi Arabia's Public Investment Fund (PIF) has allocated $5.2 billion out of...

Wholesale prices were flat in September, below expectations

A customer shops at a Whole Foods grocery store in Edgewater, N.J. on Sept. 11th, 2024. Adam Jeffery | CNBCA measure of wholesale prices...

Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income

Wells Fargo reported lower earnings and revenue for the third quarter than a year ago on Friday amid a sizable decline in net...

Tesla shares drop 5% in premarket after Cybercab robotaxi reveal fails to impress

Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla sank after the company's long-awaited robotaxi event...

10-year Treasury yield dips as investors await producer prices data

The U.S. 10-year Treasury yield edged lower on Friday as market participants awaited the release of the Producer Price Index (PPI) report.The yield...

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