World News

Stock futures are mildly higher after Dow, S&P close at records

U.S. stock index futures were in positive territory during early morning trading on Wednesday after stocks closed at record highs.

  • CNBC Headlines
  • October 27 @ 2:15 am

Deutsche Bank posts fifth straight quarter of profit despite slide in trading revenue

Deutsche Bank reported a fall in revenue at its investment banking unit on Wednesday, but still managed to beat expectations.

  • CNBC Headlines
  • October 27 @ 1:44 am

Huawei spinoff Honor launches first smartphone overseas, complete with U.S. tech

Honor was sold off in December as U.S. sanctions on Huawei crippled the company’s smartphone sales. Spinning off Honor was seen as a way of saving the brand.

  • CNBC Headlines
  • October 27 @ 1:07 am

European Central Bank expected to hold steady as economy slows and inflation soars

Slowing growth and higher inflation could render October’s ECB meeting more eventful than originally anticipated.

  • CNBC Headlines
  • October 27 @ 12:50 am

Deutsche Bank posts fifth straight quarter of profit despite slide in trading revenues

Deutsche Bank reported a fall in revenues at its investment banking unit on Wednesday, but still managed to beat expectations and report its fifth consecutive quarter of profit.

  • CNBC Headlines
  • October 27 @ 12:14 am

HSBC sees opportunity in beaten down Chinese stocks

Investors have been cautious toward Chinese stocks amid Beijing’s ongoing regulatory crackdown as well as contagion fears stemming from China Evergrande.

  • CNBC Headlines
  • October 27 @ 12:01 am

HSBC sees opportunity in beaten down Chinese stocks with shares trading at low valuations

Investors have been cautious toward Chinese stocks amid Beijing’s ongoing regulatory crackdown as well as contagion fears stemming from China Evergrande.

  • CNBC Headlines
  • October 26 @ 11:41 pm

Hong Kong stocks lead losses in Asia; data shows China’s industrial profits jumped in September

Industrial profits in China surged 16.3% year-on-year in September, according to data released Thursday by the National Bureau of Statistics.

  • CNBC Headlines
  • October 26 @ 11:19 pm

Investors pour money into Chinese start-ups despite regulatory crackdown

Venture capital investment in China rose in the third quarter, bringing year-to-date totals to more than all of 2020, multiple data sources show.

  • CNBC Headlines
  • October 26 @ 11:02 pm

Asia-Pacific stocks slip; data shows China’s industrial profits jumped in September

Industrial profits in China surged 16.3% year-on-year in September, according to data released Thursday by the National Bureau of Statistics.

  • CNBC Headlines
  • October 26 @ 8:45 pm

Stock futures are flat after Dow, S&P close at records

U.S. stock index futures were little changed during overnight trading on Tuesday after stocks closed at record highs.

  • CNBC Headlines
  • October 26 @ 7:59 pm

Asia-Pacific stocks slip; China’s September industrial profits data ahead

Australia’s consumer price index rose 0.8% in the September 2021 quarter, data from the country’s Bureau of Statistics showed Wednesday.

  • CNBC Headlines
  • October 26 @ 7:46 pm

Asia-Pacific stocks mixed; China’s September industrial profits data ahead

Australia’s consumer price index for the third quarter is also set to be out on Wednesday.

  • CNBC Headlines
  • October 26 @ 7:15 pm

Japan stocks set for lower start; China’s September industrial profits data ahead

Australia’s consumer price index for the third quarter is also set to be out on Wednesday.

  • CNBC Headlines
  • October 26 @ 6:40 pm

Corporate Minimum Tax Resurfaces as Democrats Hunt for Money

Democratic senators unveiled a plan for a 15% minimum tax on profitable corporations as they try to lock in details to finance President Biden’s agenda.

  • WSJ
  • October 26 @ 4:38 pm
  • WSJ
  • October 26 @ 4:38 pm

Boeing’s Dreamliner Pain Spreads To Suppliers

The plane maker’s manufacturing problems with its 787 Dreamliner are creating challenges for suppliers who expect production of the wide-body jets to remain low into next year.

  • WSJ
  • October 26 @ 4:12 pm
  • WSJ
  • October 26 @ 4:12 pm

Biden hopes fines on lingering cargo ships ease congestion at major U.S. ports

In accordance with these deadlines, carriers will be charged $100 for each lingering container per day starting Nov. 1.

  • CNBC Headlines
  • October 26 @ 4:09 pm

Elon Musk is now nearly $100 billion richer than Jeff Bezos, and his net worth is on the cusp of hitting $300 billi

The Tesla CEO’s personal net worth is now greater than the market cap of Toyota, the world’s second largest automaker.

  • CNBC Headlines
  • October 26 @ 3:58 pm

AMD sales rise 54% on strong demand for chips for servers and game consoles

AMD has benefitted from a surge in electronics sales as its central processors and graphics processors power PCs, servers, and game consoles.

  • CNBC Headlines
  • October 26 @ 3:47 pm

Google Nearly Doubles Profit Behind Red-Hot Ad Market

The search giant posted its highest quarterly revenue increase in 14 years, as smaller businesses pour money into digital ads.

  • WSJ
  • October 26 @ 3:36 pm
  • WSJ
  • October 26 @ 3:36 pm

Google Profit Nearly Doubles, Boosted by Red-Hot Ad Market

The search giant posted its highest quarterly revenue increase in 14 years, as smaller businesses pour money into digital ads.

  • WSJ
  • October 26 @ 3:36 pm
  • WSJ
  • October 26 @ 3:36 pm

Microsoft Earnings, Sales Up Sharply

The company’s Azure cloud-computing business has thrived on the turn to remote work during the pandemic.

  • WSJ
  • October 26 @ 3:29 pm
  • WSJ
  • October 26 @ 3:29 pm

Pfizer-BioNTech Covid-19 Vaccine for Young Kids Backed by FDA Advisers

Experts advising the Food and Drug Administration recommended that the agency authorize the Covid-19 vaccine from Pfizer and BioNTech for use in young children.

  • WSJ
  • October 26 @ 3:26 pm
  • WSJ
  • October 26 @ 3:26 pm

Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading

Stock trading app Robinhood reported third quarter results after the bell on Tuesday.

  • CNBC Headlines
  • October 26 @ 3:19 pm

Microsoft beats revenue expectations, reporting 22% growth

Microsoft’s Azure revenue growth came in ahead of analysts’ expectations. The company saw strong demand for consumption-based cloud services in the quarter.

  • CNBC Headlines
  • October 26 @ 3:17 pm

FDA panel recommends Pfizer’s low-dose Covid vaccine for kids ages 5 to 11

  • CNBC Headlines
  • October 26 @ 3:17 pm

Alphabet reports better-than-expected quarterly profit and revenue

Alphabet reported earnings after the bell. Here are the results.

  • CNBC Headlines
  • October 26 @ 3:15 pm

Dow rises for a third straight day to eke out another record on the back of strong earnings

The Dow Jones Industrial Average and S&P 500 hit record highs on Tuesday.

  • CNBC Headlines
  • October 26 @ 3:15 pm

‘Dune’ sequel greenlit by Legendary and Warner Bros.

Denis Villeneuve will get the chance to create the second film of his planned two-part adaptation of Frank Herbert’s “Dune.”

  • CNBC Headlines
  • October 26 @ 3:06 pm

Stocks linked to Trump — DWAC and Phunware — sink after ex-president touts social media plans

Plans by Donald Trump to launch a social media app with a SPAC come after he was banned by Twitter and Facebook for inciting the Jan. 6 Capitol riot.

  • CNBC Headlines
  • October 26 @ 3:02 pm

Senators Turn Child-Safety Spotlight on TikTok, Snapchat and YouTube

A TikTok executive is questioned over algorithms blamed for steering young users to harmful content.

  • WSJ
  • October 26 @ 2:46 pm
  • WSJ
  • October 26 @ 2:46 pm

CDC extends Covid restrictions for cruise ship industry into January

The CDC has allowed cruise ships to operate with conditions since October 2020, requiring masks onboard and vaccinations or testing of passengers and crew.

  • CNBC Headlines
  • October 26 @ 2:37 pm

Payments Company Stripe Is Kick Starting Market for Carbon Removal

Payments company Stripe is putting up millions to be first in line for carbon-removal technology still being developed.

  • WSJ
  • October 26 @ 1:50 pm
  • WSJ
  • October 26 @ 1:50 pm

Congress is about to fight over the debt ceiling again – but it doesn’t have to be this way

With the debt ceiling deadline set for early December, some prominent politicians are drafting ideas to reform or end the borrowing limit.

  • CNBC Headlines
  • October 26 @ 1:30 pm

S&P 500 rises slightly to a fresh all-time high amid strong earnings

The Dow Jones Industrial Average and S&P 500 hit record highs on Tuesday.

  • CNBC Headlines
  • October 26 @ 1:14 pm

TikTok, Snapchat and YouTube Defend Child-Safety Record at Senate Hearing

The social-media companies said they are taking steps to keep youngsters away from potentially harmful content online.

  • WSJ
  • October 26 @ 12:28 pm
  • WSJ
  • October 26 @ 12:28 pm

GM unveils new high-performance Chevy Corvette Z06 ahead of EV push

The 2023 Corvette Z06 — an important track-focused model — will be powered by a new 5.5-liter V-8 naturally aspirated engine, ahead of expected plans for an EV.

  • CNBC Headlines
  • October 26 @ 12:11 pm

S&P 500 pares gains amid a drop in Facebook shares, Nasdaq turns negative

The Dow Jones Industrial Average and S&P 500 hit record highs on Tuesday.

  • CNBC Headlines
  • October 26 @ 12:00 pm

S&P 500 pares gains amid a drop in Facebook shares, Dow turns negative

The Dow Jones Industrial Average and S&P 500 hit record highs on Tuesday.

  • CNBC Headlines
  • October 26 @ 11:48 am

Greenlight, the fintech app for kids, wants to teach parents how to invest

Greenlight wants to help parents set up brokerage accounts that can be used for college tuition and big unexpected expenses like repairs or medical emergencies.

  • CNBC Headlines
  • October 26 @ 11:44 am

Tax Proposals Hit Headwinds as Democrats Try to Finalize Deal

A push by Democrats to fund their social-spending and climate bill faltered, with a proposed tax on billionaires’ unrealized capital gains and revised bank-reporting requirements both running into opposition from party lawmakers.

  • WSJ
  • October 26 @ 11:28 am
  • WSJ
  • October 26 @ 11:28 am

Dow rises to another all-time high on strong earnings

The Dow Jones Industrial Average and S&P 500 hit record highs on Tuesday.

  • CNBC Headlines
  • October 26 @ 11:16 am

GE’s Profit Rises, but Shortages Crimp Sales

Revenue increased in the company’s jet-engine business as travel rebounded from the start of the pandemic, but its healthcare sales declined amid supply-chain disruptions.

  • WSJ
  • October 26 @ 11:16 am
  • WSJ
  • October 26 @ 11:16 am

U.S. Consumer Confidence Rose as Delta Covid-19 Wave Eased

People plan to spend on big-ticket items and go on vacation despite elevated worries about inflation.

  • WSJ
  • October 26 @ 10:51 am
  • WSJ
  • October 26 @ 10:51 am

Eli Lilly Asks FDA to Approve Alzheimer’s Drug

The drugmaker has begun the process seeking approval to sell donanemab as a treatment for early-stage Alzheimer’s based on results from a midstage study.

  • WSJ
  • October 26 @ 10:32 am
  • WSJ
  • October 26 @ 10:32 am

Billionaire Tax Faces Likely Constitutional Challenge

The Democrats’ plan to tax billionaires’ unrealized capital gains has a problem: It will likely be challenged in court as unconstitutional.

  • WSJ
  • October 26 @ 10:06 am
  • WSJ
  • October 26 @ 10:06 am

Dow rises 100 points to another all-time high amid strong earnings

The Dow Jones Industrial Average and S&P 500 hit record highs on Tuesday.

  • CNBC Headlines
  • October 26 @ 8:48 am

$2.35 billion tidal lagoon project with underwater turbines planned for UK

Recent years have seen a number of new developments centered around tidal power take shape.

  • CNBC Headlines
  • October 26 @ 8:20 am