finance

Researchers from China’s central bank released a working paper that marks the latest signal Beijing could soon cancel its restrictions as a way to “encourage childbirth.”

German online bank N26 is launching insurance policies in partnership with local start-up Simplesurance.

Futures ticked higher in early morning trade on Thursday after the S&P 500 retreated from record levels during the regular session.

A bill proposed by Senate Democrats would put states on more equal footing relative to jobless benefits and expand the pool of recipients.

Many Americans have received three rounds of stimulus checks and enhanced unemployment benefits since the pandemic began, helping forestall a wave of defaults.

Crypto investors are labeling Coinbase’s debut as a “watershed” moment for the industry.

Strong bank earnings helped support sentiment on Wednesday, while a sell-off in major technology shares dragged down the S&P 500.

Wells Fargo beat expectations for earnings and revenue in the first quarter.

These are the stocks posting the largest moves in midday trading.

Gary Gensler was confirmed to lead the SEC on Wednesday. He promised to tackle bitcoin regulation, “gamification” of trading and board diversity.

Goldman Sachs crushed forecasts with record first-quarter net profits and sales due to strong performance in trading and investment banking.

The Senate is likely to confirm Gary Gensler as SEC chairman, and crypto assets — including bitcoin — are likely high on his agenda.

JPMorgan posted first-quarter profit of $4.50 a share, much higher than the $3.10 per share expected by analysts surveyed by Refinitiv.

Check out the companies that are making headlines in premarket trading.

Globally, the U.S. and China stock funds are two regions that have attracted the most inflows over the past two quarters, according to EPFR Global.

Wood has big bets on names like Square and PayPal, which dominate the digital wallet space.

The price of bitcoin climbed above $63,729, according to data from Coin Metrics.

The Covid-19 Funeral Assistance program, which opened to applicants Monday, has been targeted by scammers posing as government agents.

An SEC official said Thursday the agency is scrutinizing SPAC disclosures and could issue a future rule to clarify legal duty.

PNC Financial’s Amanda Agati is worried about high market valuations and risks associated with Covid-19.

NFTs, or non-fungible tokens, are a type of digital asset designed to track ownership of a unique virtual item using blockchain technology.

The Ant Group restructuring and a $2.8 billion anti-monopoly fine for Alibaba removed a major source of uncertainty for investors in the e-commerce giant.

Many states are asking taxpayers to file amended tax returns in connection with the tax break on up to $10,200 of unemployment benefits.

Wall Street has been relatively quiet with the S&P 500 moving within 1% for five sessions in a row.

These are the stocks posting the largest moves in midday trading.

Robo-advisors have had a meteoric rise in popularity since their debut in 2008, and the industry is evolving and growing based on its consumers’ needs.

The blue-chip Dow climbed 2% this week, while the S&P 500 gained about 2.7%, posting its best week since early February.

These are the stocks posting the largest moves in midday trading.

President Joe Biden’s budget proposal for discretionary federal spending includes an extra $3 billion for Pell grants for the 2022 fiscal year.

The move at JPMorgan could ultimately begin to change the composition of Wall Street, which for decades has been mostly a bastion for white males.

While much of the world is still dealing with the coronavirus pandemic, China’s economy is showing signs it has already passed the peak of a domestic recovery.

Delisting of Chinese stocks from U.S. exchanges will likely happen under the Biden administration, said Cowen Washington Research Group analyst Jaret Seiberg.

These are the stocks posting the largest moves after the bell on Thursday, April 8.

Fed officials indicated at their last meeting the pace of asset purchases will stay the same for some time while the central bank pursues its economic goals.

The Covid pandemic pushed workers to apply for unemployment benefits at unprecedented levels in early April 2020. Claims remain high by historical standards.

Schwab — which acquired TD Ameritrade in 2020 and now hosts 31.5 million retail clients— is calling the new wave of clients “Generation Investor.”

The letters are the first response from Congress that hint at a possible investigation.

Kraken is is the fourth-largest cryptocurrency exchange by trading volume and has over 6 million clients.

TrueLayer lets fintech apps like Revolut and Freetrade connect with customers’ bank accounts using technology known as APIs.

President Joe Biden is expected to propose higher taxes on the wealthy. That may make Roth conversions a better idea this year.

Fed officials indicated at their last meeting the pace of asset purchases will stay the same for some time while the central bank pursues its economic goals.

These are the stocks posting the largest moves in midday trading.

While he is bullish for the economy’s immediate future, he sees serious challenges for the U.S., thanks to political and societal dysfunction.

Bankers who have spoken to CNBC feel the industry has continually been neglected throughout Brexit talks.

Plaid raised a new round of capital that nearly triples its valuation after a deal to be bought by Visa fell apart.

The stocks making the biggest moves in premarket trading include Beyond Meat, Nokia, Li Auto, and more.

BYD disclosed Tuesday that its of battery-powered passenger cars totaled 16,301 units last month.

Two of China’s U.S.-listed electric car start-ups beat market expectations in their March deliveries, with both companies setting quarterly records.

It’s a previously unreported detail that shows the extraordinary steps some banks took to protect themselves from incurring losses amid a client’s meltdown.

The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That’s an unusual dynamic for recessions, economists said.

These are the stocks posting the largest moves after the bell on Tuesday, April 6.

Wall Street rallied to record levels on Monday after data showed the economic rebound gained momentum amid accelerated vaccine rollout.

Americans have lost about $245 million to gift card scams since 2018, according to the Federal Trade Commission. The typical person lost $840.

Americans who collected unemployment benefits last year may need to file an amended tax return in some cases to get their maximum tax refund, the IRS said.

Check out the companies making headlines in midday trading.

The NinetyToZero initiative, also backed by the Robin Hood foundation and other groups, is the latest corporate action focused on fighting racial inequality.

Goldman Sachs CEO David Solomon told CNBC that “I’m very pleased with how our team handled” the forced selling of Archegos Capital Management positions.

Investment Bank CEO Brian Chin and Chief Risk and Compliance Officer Lara Warner will step down from their roles with immediate effect.

These are the stocks posting the largest moves in midday trading.

Shares of GameStop pared their double-digit losses in volatile trading that occurred Monday after the retailer said it may sell $1 billion worth of shares.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020

The Consumer Financial Protection Bureau proposed a rule Monday that would prevent mortgage servicers from filing a foreclosure until after Dec. 31, 2021.

The stocks making the biggest moves in premarket trading include Tesla, GameStop, Roblox, and more.

The $1.9 trillion Covid relief measure temporarily enhanced a number of tax credits. Taxpayers may see hundreds or thousands of dollars in savings.

Check out the companies making headlines in midday trading.

The detailed comments mark the latest warning from high-level officials in China in recent weeks about domestic market risks.

Family offices “can pretty much do anything they want because there’s just not a lot of oversight,” said Thomas Gorman, partner at Dorsey & Whitney LLP.

Wilmington Trust’s Meghan Shue expects growth stocks, including Big Tech, to hit more turbulence over the next three months.

Yellen laid out a three-pronged agenda on Wednesday to address what she described as ongoing threats to the nation’s financial system.

These are the stocks posting the largest moves after the bell on Wednesday, March 31.

The IRS will issue refunds automatically starting in May to workers who qualify for a new tax break on jobless benefits but had already filed their tax returns.

Biden will unveil a more than $2 trillion package in infrastructure spending on Wednesday.

More than 21 million tax returns claimed a 20% pass-through deduction on business income during the 2020 filing season, according to IRS data.

Soon, clients of two of the world’s preeminent investment banks – Goldman and Morgan Stanley – will have access to the nascent asset class.

CNBC polled more than 100 chief investment officers, equity strategists, portfolio managers about where they stood on the markets for the rest of 2021.

Critics of Robinhood have claimed the company has made light of decisions that involve real money.

The diverging fortunes of major banks in the fallout from the Archegos Capital Management meltdown pose serious questions for regulators, experts say. 

Paul Meeks, known for running the world’s largest tech fund during the late 1990s, said Tuesday he wouldn’t make a big bet on tech stocks right now.

These are the stocks posting the largest moves after the bell on Tuesday, March 30.

Investors digested a reading on consumer confidence that far exceeded expectations.

A phishing scam is trying to pry personal data from university students and staff who believe they may be owed a tax refund.

Goldman and Morgan Stanley had already finished unloading their positions when rivals announced they faced steep losses tied to a hedge fund implosion.

CFRA’s Sam Stovall, who’s known for building forecasts based on historical trends, expects strong market gains over the next three months.

Traffic resumed in the Suez Canal on Monday after the ship Ever Given was freed. Experts warn that the impact will reverberate throughout supply chains.

The Dow Jones Industrial Average erased a 160-point loss and closed up 98 points at a fresh record of 33,171.

The primary cause of the selling in Chinese internet stocks was that a fund, Archegos Capital Management, was forced out of its positions.

Tencent Music, which is listed on the New York Stock Exchange, lost about a third of its value last week amid a sell-off in Chinese technology stocks.

Market bull Edward Yardeni of Yardeni Research predicts higher rates won’t “clobber” the economy or stocks.

China stocks have been in correction mode for several weeks, but the new rule is exacerbating the route, particularly those with listings in the U.S.

The IRS is allowing taxpayers to write off costs for personal protective equipment to prevent the spread of Covid-19.

The Ever Given remains lodged in the Suez Canal, halting traffic for fourth straight day.

Online finance start-up SoFi is lowering the barrier for amateur investors to buy shares of companies as they goes public.

Accounting start-up Pilot raised a $100 million funding round led by Jeff Bezos and his venture capital firm.

Chainalysis, a start-up that sells blockchain data analytics tools, has doubled its valuation to $2 billion in a new investment round.

About 127 million households have gotten a $1,400 stimulus check. Some likely include Americans who didn’t need the cash.

British electric vehicle manufacturer Arrival began trading on the Nasdaq Thursday following a merger with a U.S. blank-check company.

Deliveroo set a price range of between £3.90 and £4.60 per share for its upcoming IPO.

China’s Ministry of Foreign Affairs announced sanctions on U.K. entities in response to similar action by Britain over alleged human rights abuses in Xinjiang.

Banks will be able to start giving money back to shareholders this year, but not until June 30.

The central bank will allow major U.S. banks to resume buybacks and raise dividends after June 30.