World News

Stock index futures are little changed after Nasdaq closes at record

U.S. stock index futures were little changed during overnight trading on Tuesday.

  • CNBC Headlines
  • June 22 @ 5:15 pm

Teamsters to vote Thursday on sweeping push to unionize Amazon workers

Amazon has long been the target of major labor unions seeking to organize warehouse and delivery workers.

  • CNBC Headlines
  • June 22 @ 4:20 pm

Fed’s Powell Plays Down Inflation Threat

Federal Reserve Chairman Jerome Powell told lawmakers that it’s “very, very unlikely” that inflation will rise to levels seen in the 1970s, while acknowledging uncertainty as the economy reopens.

  • WSJ
  • June 22 @ 4:04 pm
  • WSJ
  • June 22 @ 4:04 pm

Fed Chair Powell says it’s ‘very, very unlikely’ the U.S. will see 1970s-style inflation

Fed Chair Jerome Powell continued to attribute most of the recent inflation surge to factors closely tied to the economic reopening.

  • CNBC Headlines
  • June 22 @ 4:03 pm

S&P 500 jumps for a second day, Nasdaq hits all-time high amid bitcoin’s comeback

The S&P 500 ended Tuesday just short of a new closing record, while the tech-heavy Nasdaq Composite climbed to an all-time high.

  • CNBC Headlines
  • June 22 @ 3:17 pm

Bitcoin drop below $30,000 sparks fears of another crypto winter — here’s why bulls aren’t worried

Bitcoin’s brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter.

  • CNBC Headlines
  • June 22 @ 2:55 pm

Warehouse Rents Surge on Bidding Wars for Scarce Space

Competition is driving up industrial rents as retailers and logistics providers race to move goods closer to population centers, with some engaging in bidding wars for the most coveted sites.

  • WSJ
  • June 22 @ 1:20 pm
  • WSJ
  • June 22 @ 1:20 pm

Fed Officials Stress Bond Buying Isn’t Aimed at Boosting Housing Market

The New York and San Francisco Fed chiefs say the central bank’s monetary accommodation is intended to support overall financial conditions.

  • WSJ
  • June 22 @ 1:16 pm
  • WSJ
  • June 22 @ 1:16 pm

McDonald’s Loyalty Program Goes National

Customers will receive points on qualifying purchases that can be traded for items under the program, which is set to launch nationally on July 8.

  • WSJ
  • June 22 @ 1:16 pm
  • WSJ
  • June 22 @ 1:16 pm

S&P 500 inches closer to a record, Nasdaq hits all-time high as bitcoin recovers

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 11:39 am

Amazon’s Planned Purchase of MGM to Be Reviewed by FTC

The antitrust review of the acquisition comes as Lina Khan, a frequent critic of the online giant, takes the helm at the commission.

  • WSJ
  • June 22 @ 11:33 am
  • WSJ
  • June 22 @ 11:33 am

Amazon’s Planned Purchase of MGM Faces FTC Scrutiny

The antitrust review of the acquisition comes as Lina Khan, a frequent critic of the online giant, takes the helm at the commission.

  • WSJ
  • June 22 @ 11:33 am
  • WSJ
  • June 22 @ 11:33 am

Bitcoin turns positive on day in wild session where it briefly dropped below $30,000

Bitcoin dropped below the key $30,000 level and then rebounded in another wild session.

  • CNBC Headlines
  • June 22 @ 11:32 am

GameStop stock jumps after the original meme stock cashes in again with $1 billion share sale

The video game retailer said it sold 5 million additional shares, raising $1.13 billion in capital to accelerate growth.

  • CNBC Headlines
  • June 22 @ 10:47 am

McDonald’s Introduces Customer-Loyalty Program

Customers will receive points on qualifying purchases that can be traded for items under the program, which is set to launch nationally on July 8.

  • WSJ
  • June 22 @ 10:41 am
  • WSJ
  • June 22 @ 10:41 am

Dow is flat following the blue-chip average’s best day since March

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 10:01 am

Bitcoin briefly falls below $30,000 level and turns negative for the year before bouncing

Bitcoin has been cut in half from its all-time high of more than $64,000 in mid-April, taking other cryptocurrencies along with it.

  • CNBC Headlines
  • June 22 @ 9:59 am

U.S. Airports to Get $8 Billion to Help Pay Bills

Passengers are returning, but airports say they still need help to weather the pandemic’s financial hit.

  • WSJ
  • June 22 @ 9:46 am
  • WSJ
  • June 22 @ 9:46 am

U.S. Existing-Home Prices Hit Record High in May

A sharp increase in existing-home prices kept more buyers on the sidelines, contributing to the fourth straight month of declining sales of previously owned homes.

  • WSJ
  • June 22 @ 9:38 am
  • WSJ
  • June 22 @ 9:38 am

LinkedIn Accounts of Scholars Blocked in China

Affected users say the social-networking site owned by Microsoft is obstructing them over “prohibited content” without further explanation.

  • WSJ
  • June 22 @ 9:14 am
  • WSJ
  • June 22 @ 9:14 am

Chinese-Owned Businesses in Australia Squeezed on Both Sides as Tensions Take Toll

Trade tensions have accelerated a decline in Chinese investment into Australia as China-owned businesses in the country grapple with the loss of one of their most profitable markets.

  • WSJ
  • June 22 @ 9:12 am
  • WSJ
  • June 22 @ 9:12 am

Crypto is ‘the future of finance’: Why Gen Z is ditching traditional investments—but with caution

Here’s a look at why Gen Z and young millennial investors are building portfolios of cryptocurrency and meme stocks.

  • CNBC Headlines
  • June 22 @ 9:10 am

Bitcoin sell-off intensifies as the crypto falls below $30,000 level, turns negative for the year

Now that it is approaching $29,000, the price of bitcoin is threatening to turn negative for the year.

  • CNBC Headlines
  • June 22 @ 9:04 am

Fed’s Powell Set to Testify Before Lawmakers on Pandemic Programs

The House hearing is focused on lessons learned by the Fed.

  • WSJ
  • June 22 @ 9:00 am
  • WSJ
  • June 22 @ 9:00 am

Dow falls slightly following the blue-chip average’s best day since March

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 8:42 am

Nonbank Lenders Are Dominating the Mortgage Market

The lenders, which don’t take deposits or offer other banking services, issued more than two-thirds of all mortgages originated in 2020, their highest market share on record.

  • WSJ
  • June 22 @ 8:11 am
  • WSJ
  • June 22 @ 8:11 am

China’s renewed crypto crackdown wipes $400 billion off the market as bitcoin slides

Since Friday, China has stepped up its efforts to rein in the country’s cryptocurrency industry from mining bans to warnings to financial institutions.

  • CNBC Headlines
  • June 22 @ 8:06 am

Stock futures are flat after Monday’s comeback rally

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 7:53 am

Bitcoin falls again, breaking below key $30,000 level that traders say could lead to more losses

  • CNBC Headlines
  • June 22 @ 7:50 am

Stock futures rise slightly as market set to add to Monday’s comeback rally

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 7:19 am

YouTube secures a big win in the EU over copyright

The European Court of Justice (ECJ) ruled that YouTube and other online platforms shouldn’t be held liable for copyright-infringing uploads in some cases.

  • CNBC Headlines
  • June 22 @ 6:12 am

Dating app Bumble gives workers the week off to recover from burnout

Bumble CEO Whitney Wolfe Herd has given the dating app’s 700 employees this week off as paid vacation in an effort to help with burnout. 

  • CNBC Headlines
  • June 22 @ 6:12 am

Amazon Could Use Less Prime Time

Prime Day showcases all the strengths that have put Amazon under intense scrutiny.

  • WSJ
  • June 22 @ 5:33 am
  • WSJ
  • June 22 @ 5:33 am

Vivendi Shareholders Approve Spinoff of Universal Music

The vote brings the world’s largest music company a step closer to becoming its own public entity.

  • WSJ
  • June 22 @ 5:27 am
  • WSJ
  • June 22 @ 5:27 am

Vivendi shareholders back spin-off of flagship Universal Music Group

Vivendi holders will vote Tuesday on the French media group’s proposed spin-off of the iconic Universal Music Group.

  • CNBC Headlines
  • June 22 @ 5:15 am

U.S. stock futures are flat after the market’s sharp rally on Monday

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 5:12 am

EU opens antitrust probe into Google’s advertising unit

The European Commission opened a new investigation into Google on Tuesday.

  • CNBC Headlines
  • June 22 @ 5:03 am

Renters Could Collect Home Down-Payment Points With Credit Card

A real-estate startup is proposing that cardholders could convert points into cash to purchase a property.

  • WSJ
  • June 22 @ 5:00 am
  • WSJ
  • June 22 @ 5:00 am

Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses

The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business.

  • WSJ
  • June 22 @ 4:52 am
  • WSJ
  • June 22 @ 4:52 am

Wage Gains at Factories Fall Behind Growth in Fast-Food

Factory jobs for years paid significantly more than those in many other fields, especially for less-educated workers. That is changing, according to economists, manufacturers and federal data.

  • WSJ
  • June 22 @ 4:30 am
  • WSJ
  • June 22 @ 4:30 am

Resorts World to Open in Las Vegas

The Strip this week welcomes its first new megacasino in a decade.

  • WSJ
  • June 22 @ 4:30 am
  • WSJ
  • June 22 @ 4:30 am

Rising Inflation Looks Less Severe Using Pre-Pandemic Comparisons

Inflation fears loom as U.S. consumers deal with starkly higher prices than a year ago. A comparison with pre-pandemic prices paints a different picture.

  • WSJ
  • June 22 @ 4:30 am
  • WSJ
  • June 22 @ 4:30 am

Chewy CFO Says Broader Product Range Bearing Fruit in Higher Earnings

Mario Marte said pet retailer could post first net profit this year; Chewy recently started offering fresh food, automatic prescription orders.

  • WSJ
  • June 22 @ 4:30 am
  • WSJ
  • June 22 @ 4:30 am

U.S. stock futures slip after the market’s sharp rally on Monday

Major averages are coming off a sharp rebound as investors weigh the economic reopening and Federal Reserve policy.

  • CNBC Headlines
  • June 22 @ 4:03 am

Vivendi awaits key shareholder vote on Universal Music Group spin-off

Vivendi holders will vote Tuesday on the French media group’s proposed spin-off of the iconic Universal Music Group.

  • CNBC Headlines
  • June 22 @ 3:41 am

Ecocide: How a fast-growing movement plans to put environmental destruction on a par with war crimes

Ecocide is an umbrella term for all forms of the mass damage of ecosystems, from industrial pollution to the release of micro plastics into the oceans.

  • CNBC Headlines
  • June 22 @ 3:36 am

The legal right to disconnect could become the norm in Europe

In January, a majority of EU politicians backed a legislative initiative to call for a bloc-wide directive on the issue.

  • CNBC Headlines
  • June 22 @ 3:24 am

Car hire start-up Virtuo adds Teslas to fleet in electrification push

European car hire firm Virtuo is adding dozens of Teslas to its fleet as part of an effort to electrify more of its vehicles.

  • CNBC Headlines
  • June 22 @ 3:00 am