House Republicans decide to regulate crypto with new subcommittee

Representative French Hill, a Republican from Arkansas, left, speaks during a press conference on Capitol Hill in Washington, DC, July 24, 2018. Zach Gibson | Bloomberg | Getty Images Republican lawmakers announced late Thursday the launch of a new subcommittee that will oversee the crypto and fintech industries, the first of its kind in the … Read more

Waiting to trade on company profits

On Friday, CNBC’s Jim Cramer warned investors not to make trading decisions on the back of a company’s earnings report. Stocks rallied on Friday after initially falling on quarterly earnings reports and recession warnings from major banks. All three major indexes ended the week higher as investors digested a series of earnings reports and economic … Read more

Top Senate Democrats urge Southwest CEO to get answers on vacation slump

Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York, U.S., December 9, 2021. Brendan McDermid | Reuters Fifteen senators, including Bernie Sanders, Elizabeth Warren and Cory Booker, sent a letter to South West Airlines CEO Bob Jordan demanded answers on … Read more

Bank of America leads the estimates. Revenue driven by higher tariffs.

Text size Bank of America publishes its latest quarterly results on Friday. The time of dreams Rising interest rates have pushed up Bank of America in fourth quarter revenue as the bank posted a slight increase in profits. Bank of America (ticker: BAC) reported revenue of $24.5 billion in the quarter, beating estimates of $24.2 … Read more

Bank of America leads the estimates. Revenue driven by higher tariffs.

Text size Bank of America publishes its latest quarterly results on Friday. The time of dreams Rising interest rates have pushed up Bank of America in fourth quarter revenue as the bank posted a slight increase in profits. Bank of America (ticker: BAC) reported revenue of $24.5 billion in the quarter, beating estimates of $24.2 … Read more

Delta Air Lines (DAL) Q4 2022 results

Delta Air Lines Airbus A330neo or A330-900 with neo engine option from the European aircraft manufacturer, seen departing from Amsterdam Schiphol AMS EHAM International Airport. Nicolas Economou | NurPhoto | Getty Images Delta Airlines Fourth-quarter earnings and revenue beat expectations on Friday, but shares fell on the carrier’s first-quarter outlook. Delta expects to earn 15 … Read more

Putin’s reshuffle of Ukrainian military command reveals power struggle

Russian President Vladimir Putin (center) toasts while holding a glass of vodka with General Valery Gerasimov, who is now in charge of the military campaign in Ukraine, in 2016. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Putin’s latest reshuffle of the top brass in charge of operations in Ukraine reveals … Read more

Swedish miner finds Europe’s largest store of rare earth metals

The LKAB facility in Kiruna, Sweden. The company said on January 12 that it had found the largest known deposit of rare earth elements in Europe there. Jonas Ekstromer | AFP | Getty Images Sweden’s state-owned mining company LKAB said it had discovered what it believes to be the largest known deposit of rare earth … Read more

Asia-Pacific Shares Generally Higher on Cooler Inflation Impression

China’s December exports fell less than expected China’s exports and imports fell less than expected for December, according to the customs administration. Chinese exports fell 9.9% in December from a year ago, in US dollar terms, slightly better than the 10% drop predicted by a Reuters poll. Imports fell 7.5% in December from a year … Read more

Asia-Pacific Shares Generally Higher on Cooler Inflation Impression

China’s December exports fell less than expected China’s exports and imports fell less than expected for December, according to the customs administration. Chinese exports fell 9.9% in December from a year ago, in US dollar terms, slightly better than the 10% drop predicted by a Reuters poll. Imports fell 7.5% in December from a year … Read more