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Breaking News: Markets

Jobs data in spotlight next week. What to watch for in 3 labor reports

by Adrian Jhonsan
Jobs data in spotlight next week. What to watch for in 3 labor reports

Despite a late-session surge Friday, all three major U.S. stock indexes ended the holiday-shortened trading week in the red, putting an end to the Nasdaq Composite and S & P …

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Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

by Adrian Jhonsan
Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for …

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Categories World

How East West Bancorp has gained an edge by serving the Asian American community

by Adrian Jhonsan
How East West Bancorp has gained an edge by serving the Asian American community

Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. East West Bancorp shares have …

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Categories World

Next drivers of Costco growth after a great quarter and a stock near records

by Adrian Jhonsan
Next drivers of Costco growth after a great quarter and a stock near records

Costco has multiple levers of growth at its disposal, which should lead to a further boost in the stock even after its already impressive year-to-date gains. Shares dropped more than …

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Jim Cramer’s level to start buying Best Buy after post-earnings surge

by Adrian Jhonsan
Jim Cramer’s level to start buying Best Buy after post-earnings surge

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The S & P 500 …

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Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO

by Adrian Jhonsan
Ackman selling stake in Pershing Square at .5 billion valuation, aiming for IPO

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman is …

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WTI monthly loss ahead of OPEC+ meeting

by Milton Acorn
WTI monthly loss ahead of OPEC+ meeting

An offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024. David Mcnew | Getty Images U.S. crude oil was on pace Friday for its …

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Categories Science

Japan confirms first currency intervention since 2022

by Adrian Jhonsan
Japan confirms first currency intervention since 2022

New Japanese 1000 Yen banknote on display inside the Currency Museum of the Bank of Japan’s Institute for Monetary and Economic Studies. The new banknotes will start circulate from July …

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Categories World

Orange juice makers turn to alternative fruits amid record-high prices

by Adrian Jhonsan
Orange juice makers turn to alternative fruits amid record-high prices

Oranges are collected in a trolley at an orchard in Arcadia, Florida, on March 14, 2023. In Florida, the world’s second largest producer of orange juice after Brazil, orchards have …

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Categories World

Trump guilty in hush money trial

by Adrian Jhonsan
Trump guilty in hush money trial

Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on Jan. 2, 2024 in New York City. Spencer Platt | …

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