In this article AMZN BMBL SFIX JBHT SBUX GE Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble — Shares of the online dating company surged more than 43% in midday trading. Fourth-quarter revenue was just short of expectations from Refinitiv. Still, BMO
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BEIJING — American businesses in China no longer expect relations between the two countries to improve from the tensions of the Trump administration, according to a business association survey. After President Joe Biden was elected in late 2020, there was a spike in optimism among businesses, with 45% of respondents expecting better U.S.-China relations, the
Traders on the floor of the NYSE, March 4, 2022. Source: NYSE Stock futures fell slightly in overnight trading Monday following the S&P 500’s worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia’s invasion of Ukraine. Futures on the Dow Jones Industrial Average dipped 100
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russia’s sovereign debt as a result of the Ukraine crisis would spill over to emerging markets, including China. “If Russia does default on its
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 2, 2022. REUTERS/Brendan McDermid Brendan McDermid | Reuters U.S. equity futures fell Sunday evening as U.S. oil price jumped to their highest level since 2008 amid the ongoing war between Russia and Ukraine. Dow futures lost
Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driven gas prices over $4-per-gallon in many parts of the country. Scott Olson | Getty Images Gasoline prices surged to the highest level since
Shoppers wearing face masks leave a Costco wholesale store in Washington, D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Costco — The stock dipped 3.3% midday despite a better-than-expected quarterly report. The retailer reported earnings of $2.92 per share on revenue of $51.9 billion.
An employee looks at a stock price index graph showing plunging stock prices on an electronic information screen at the headquarters of the Micex-RTS Moscow Exchange. Andrey Rudakov | Bloomberg | Getty Images Index giant S&P Dow Jones Indices said Friday it is removing all stocks listed and/or domiciled in Russia from its benchmarks in
Chinese President Xi Jinping inspects troops during a parade on October 1, 2019, to celebrate the 70th Anniversary of the founding of the People’s Republic of China at Tiananmen Square in 1949, in Beijing, China. Kevin Frayer | Getty Images BEIJING — China’s defense spending this year is set to grow at its fastest pace
In this article PYPL The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country in response to its invasion of Ukraine. “Under the current circumstances, we are suspending PayPal services
Dubai, United Arab Emirates, on July 5, 2021. Christopher Pike | Bloomberg | Getty Images An intergovernmental organization dedicated to combating money laundering and illicit cash flows on Friday placed the United Arab Emirates on its “gray list” over concerns that the Gulf country isn’t sufficiently stemming illegal financial activities. The UAE was one of
Workers weld at a workshop of an automobile manufacturer in Qingzhou, East China’s Shandong Province, on March 1, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China is slated on Saturday to release its gross domestic product growth target for 2022, as an annual parliamentary meeting gets underway. Analysts widely expect the