Markets

Traders on the floor of the NYSE, May 6, 2022.Source: NYSEStock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers.Futures tied to the Dow Jones…

Text size It’s the tail end of first-quarter earnings season, with mostly retailers left to report this week.…

Text size Michael Nagle/Bloomberg The major U.S. stock market indexes have lost roughly…

Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market's poor performance this year, U.S. consumers – and Affirm's customers – are spending healthily."The U.S. consumer is alive and well. They're shopping, they're…

Here are Friday's biggest calls on Wall Street: JPMorgan downgrades UPS to neutral from overweight JPMorgan said UPS shares could be on hold without a major catalyst to drive growth. "Pressure continues mounting on the U.S. consumer and…

Bitcoin staged a rebound on Friday, jumping above $30,000 despite the ongoing woes of stablecoin TerraUSD which has caused panic in the crypto market.The world's largest cryptocurrency bitcoin was trading at around $30,262.85 at 4 a.m.…

Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12,…

Text size Apple's flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin…

Check out the companies making headlines in midday trading Thursday.Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold…

Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies.Jaap Arriens | NurPhoto | Getty ImagesBitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their…