Chinese Premier Li Qiang spoke at the opening ceremony of the ASEAN-China-GCC Economic Forum in Kuala Lumpur, Malaysia, on May 27, 2025. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese Premier Li Qiang on Thursday urged the Asian Infrastructure Investment Bank to increase its support for Beijing’s Belt and Road Initiative. “I hope…
CNBC’s Jim Cramer on Wednesday picked out five sectors that he thinks are performing well in the current economic environment, and he gave five he thinks are lagging behind. “Things can always change, but for the moment, I expect the winners to keep winning and the losers to keep losing,” Cramer said. Here are Cramer’s…
To say Wall Street isn’t a fan of Zohran Mamdani would be an understatement. In fact, high-profile investors and business leaders in the Big Apple are up in arms about the stunning win by the democratic socialist in the primary to win the Democratic nomination to serve as the next New York City mayor. The three-term…
Check out the companies making headlines before the bell: Bumble — The online dating service surged 16% in premarket trading after disclosing $40 million in annual cost savings from firing staff, with most of the proceeds being reinvested back into the business. Bumble also raised its second-quarter guidance to $244 million to $249 million, up…
Chinese Premier Li Qiang spoke at the World Economic Forum’s annual “Summer Davos” event in 2024, which was held in Dalian, China. Bloomberg | Bloomberg | Getty Images TIANJIN, China — Chinese Premier Li Qiang on Wednesday called on other countries to collaborate on trade, despite rising tariffs and other barriers. “Globalization will not be…
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback,…
Traders work at the New York Stock Exchange on June 18, 2025. NYSE S&P 500 futures are near flat Tuesday night as investors watch to see if the benchmark index can return to its all-time high. Futures tied to the broad index ticked down 0.1%, as did Nasdaq 100 futures. Dow Jones Industrial Average futures…
Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion,…
Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21…
Investors should consider taking advantage of the recent pullback in shares of Mastercard and Visa , Wells Fargo said on Tuesday. The firm reiterated its overweight ratings on the two global payments technology names and kept its price target at $625 for Mastercard and $395 for Visa. Those targets each imply around 15% upside from…
