U.S. stock index futures were little changed during on Tuesday, after the S&P 500 and Nasdaq Composite closed at record highs on Monday. Futures contracts tied to the Dow Jones Industrial Average were 41 points higher. S&P 500 futures were flat and Nasdaq 100 futures traded down by 0.1%. Shares […]
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JPMorgan is buying an ESG investing platform in bank’s third fintech acquisition of the past year
Mary Erdoes Adam Galica | CNBC JPMorgan Chase wants to take the sustainable-investing trend to the next level. To do that, the biggest U.S. bank by assets has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned […]
India’s new loan guarantees may have limited impact on the Covid-hit economy
Indian People queue up at a COVID screening center at Ram Manohar Lohia Hospital,(RML) after a case emerged in Delhi causing a panic situation in Delhi India, 04 March 2020. Imtiyaz Khan | Anadolu Agency | Getty Images India has rolled out a slew of measures amounting to 6.3 trillion […]
Stock futures are little changed after S&P 500 closes at a record
U.S. stock index futures were little changed during early morning trading Tuesday, after the S&P 500 and Nasdaq Composite closed at record highs on Monday. Futures contracts tied to the Dow Jones Industrial Average were 28 points higher. S&P 500 futures and Nasdaq 100 futures both traded in mildly negative […]
Why some of the world’s biggest companies are increasingly worried about water scarcity
Dry cracked earth is visible along the banks of Phoenix Lake on April 21, 2021 in Ross, California. Justin Sullivan | Getty Images LONDON — Major companies from across a range of sectors are increasingly concerned about the cost and availability of the world’s ultimate renewable resource: water. The availability […]
Top investment strategist David Roche warns the Fed could burst a market ‘bubble’
Traders on the floor of the New York Stock Exchange. Source: NYSE As the S&P 500 notches record highs despite the backdrop of potential monetary tightening and the new delta Covid-19 variant, veteran investor David Roche says investors should be wary of the bubble bursting. The flagship U.S. stock index […]
Microsoft among deals that helped NBA set record $1.46 billion in sponsorship revenue
Stephen Curry #30 of the Golden State Warriors drives to the basket against the Los Angeles Lakers during the 2021 NBA Play-In Tournament on May 19, 2021 at STAPLES Center in Los Angeles, California. Adam Pantozzi | National Basketball Association | Getty Images The National Basketball Association made a record […]
Rising producer prices in China won’t likely drive up consumer costs, says JPMorgan
The recent surge in producer prices in China will not likely to drive up costs for consumers, says JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen a bit, but we don’t see much of a further rise in consumer prices that […]
These charts show the dramatic increase in China’s debt
Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images China’s debt has grown dramatically over the past decade and is one of the biggest economic challenges confronting the ruling Chinese Communist Party, which turns 100 this week. Beijing identified the ballooning debt pile as […]
Preliminary indications show Surfside air is not toxic after 12-story tower collapse, mayor says
Surfside, Florida Mayor Charles Burkett said Monday his town is testing the air quality amid health concerns for first responders and residents following the collapse of a 12-story ocean-front condo tower. Burkett told CNBC’s “The News with Shepard Smith” that preliminary indications showed the air was not toxic. Those comments […]