Stock futures tick higher after Dow ends three-day winning run: Live updates – CNBC
Traders work at their desks on the floor of the New York Stock Exchange (NYSE) during the first trading of the new year on January 2, 2025 in New York City. Timothy A. Clary | AFP | Getty Images Stock futures rose early Friday as Wall Street appeared to complete its first weekly rally of […]
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim – CNBC
Silas Stein | Picture Alliance | Getty Images american express The company announced Thursday that it will pay approximately $230 million to resolve a federal criminal wire fraud investigation and resolve deceptive marketing allegations. The sum includes a tax as part of a non-prosecution agreement with federal prosecutors in Brooklyn, New York, related to allegations […]
Trading platform Dub will pay some retail investors to share portfolios through TikTok-like 'creator program' – CNBC
Manusapong Kasosod | Moments | Getty Images Dove, a platform that allows individual traders to mimic the investments of corporate and government figures, on Thursday debuted a service that pays selected everyday investors to share their portfolios. Retail traders who are accepted into Dub's so-called Top Creators program are paid royalties for users to access […]
Medicare's new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says – CNBC
Most Medicare patients who hit the new $2,000 out-of-pocket cap on prescription drugs could see significant savings despite the change in premiums, according to a report. report It was released Thursday by AARP. The findings suggest that: cap This could be a big boon for seniors on Medicare who can't afford expensive drugs to treat […]
Bank of Korea leaves rates unchanged at 3% in a surprise move – CNBC
Bank of Korea (BOK) in Seoul, December 28, 2024. Kim Jae Hwan | Light Rocket | Getty Images South Korea's central bank on Thursday left its base policy rate unchanged at 3% in an unexpected move, opting to assess changes in domestic and international economic conditions after announcing two consecutive interest rate cuts at its […]
10 things to watch in the stock market Wednesday: The bank earnings edition – CNBC
My Top 10 Things to Watch Wednesday, January 15 1. Stock futures soar, bond yields fall after December consumer price index falls slightly inline with consensus . This came a day after a mildly large inflation report. 2. JPMorgan reported better-than-expected fourth-quarter sales of $43.74 billion versus $41.73 billion and profit of $4.81 versus $4.11 […]
Wednesday’s big stock stories: What’s likely to move the market in the next trading session – CNBC
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As the Dow rose more than 200 points on Tuesday, here's what CNBC television producers were watching and what they're watching […]
Fund manager reveals how his little-known ETF gained 80% in 2024 – CNBC
Artificial intelligence will continue to be a growing investment theme in 2025 and beyond, according to a tech fund manager who posted an 80% return in 2024. Beck Lee, chief investment officer of Hong Kong-listed exchange-traded fund Pando CMS Innovation ETF, said the fund selects stocks based on independent research that combines macroeconomic factors and […]
Eli Lilly shares tumble after cutting its sales outlook. What it means for investors – CNBC
Eli Lilly stock fell on Tuesday after its latest financial guidance disappointed investors. Jim Cramer says this drop is a buying opportunity. The pharmaceutical giant lowered its 2024 revenue outlook after lower-than-expected fourth-quarter results for the pivotal GLP-1 drug used for weight loss and diabetes. Eli Lilly said fourth-quarter sales should be about $13.5 billion, […]
Crypto ETFs have big innovation opportunity in 2025, but demand may be weak – CNBC
Omer Taha Sechin | Anadolu | Getty Images Crypto ETFs may have a year of innovation with new funds and new approaches, but we don't expect demand to match what we saw in Bitcoin ETF's first year. Bitcoin The exchange-traded fund debuted a year ago and was led by BlackRock's iShares Bitcoin Trust, which pulled […]