In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is …
Penn sports betting business posts fourth quarter profit Read More »
US President Joe Biden, front, and Ursula von der Leyen, President of the European Commission. Bloomberg | Bloomberg | Getty Images The European Union is working against time to create a program that can compete with President Joe Biden’s unprecedented climate subsidies. But he will face two key problems in the process. The EU had …
Biden’s IRA left Europe blind. And playing catch-up could lead to 2 big mistakes Read More »
S&P 500 futures advanced late Wednesday as investors looked past the latest interest rate hike and comments from the Federal Reserve. Broad index futures added 0.4%. Nasdaq 100 futures gained 1%, helped by Meta stocks. Dow Jones Industrial Average futures were down 9 points, almost flat. Meta jumped more than 19% in extended trading after …
Nasdaq 100 futures rise, propelled by Meta stocks Read More »
Traders on the NYSE floor Source: NYSE Stock futures fell Tuesday night as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 48 points or 0.14%. S&P 500 futures and Nasdaq Composite futures were down 0.20% and 0.37%, respectively. The moves come after stocks surged to end January …
Stock futures fall as traders await latest Federal Reserve rate hike decision Read More »
CNBC Pro: What a tech fund manager expects from Apple and Alphabet’s earnings this week Microsoft released a disappointing earnings forecast last week, but its stock has since risen. What does this mean for other Big Tech companies that should report earnings? Technology fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 billion) AXA …
Asia-Pacific stocks, Fed, earnings, economic data Read More »
The IMF has revised its global economic outlook upwards. Norberto Duarte | AFP | Getty Images The International Monetary Fund on Monday upgraded its projections for global growth for the year, but warned that rising interest rates and Russia’s invasion of Ukraine were likely to weigh further on activity. In its latest economic update, the …
IMF raises global growth forecast as inflation slows Read More »
Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about opening destinations, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. CNN — Nearly 1,000 Monday flights have been canceled across the United States as wintry weather shifts to the …
Around 1,000 US flights canceled as wintry weather rumbles Read More »
CNN — The Kansas City Chiefs are advancing to Super Bowl LVII following a 23-20 victory over the Cincinnati Bengals in the AFC Championship game on Sunday at Arrowhead Stadium in Kansas City, Missouri. After suffering a high ankle sprain last week in the Chiefs’ Divisional Round win over the Jacksonville Jaguars, Patrick Mahomes led …
Kansas City Chiefs to face Philadelphia Eagles in Super Bowl LVII Read More »
New Delhi CNN — The Adani Group has accused a US investment firm of launching “a calculated attack” on India by publishing a report alleging widespread fraud at the ports-electricity conglomerate. Hindenburg Research published its report on the affairs of billionaire Gautam Adani last week, accusing the group or “brazen stock manipulation and accounting fraud …
Adani Group slams ‘Hindenburg’s attack on India’ as stock rout hits $70bn Read More »
Stock futures were quiet late Sunday as investors braced for a week of key corporate earnings and a possible Federal Reserve interest rate hike. Futures contracts linked to the Dow Jones Industrial Average slipped 29 points, or about 0.1%. S&P 500 futures fell 0.1% and Nasdaq 100 futures fell slightly 0.1%. Wall Street is coming …
Stock futures were little changed ahead of the busy week of earnings, Fed meeting Read More »