Finance

Stock futures held steady in overnight trading on Tuesday as investors awaited President-elect Joe Biden’s inauguration. Futures on the Dow Jones Industrial Average rose just 40 points. S&P 500 futures were flat and Nasdaq 100 futures gain 0.3%. Netflix soared more than 10% in extended trading after the company reported strong subscriber growth and said
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At 34 years old, Nikhil Kamath is one of India’s youngest billionaires. The Bangalore-born entrepreneur snagged the title late last year after joining Forbes India Rich List with his brother and co-founder, Nithin. It followed the runaway success of their stock trading platform Zerodha amid the pandemic. But the chief investment officer insists that it
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Chip Somodevilla | Getty Images News | Getty Images President-elect Joe Biden’s pandemic relief package would extend income support for millions of unemployed workers through September 2021 and increase jobless benefits by $400 a week, according to an outline obtained by CNBC. Biden would also phase out higher unemployment benefits automatically over time, tying aid
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Wall Street may be in for a surprise. Ally Invest’s Lindsey Bell believes investors are underestimating the strength of earnings season, which kicks off Friday with the banks. “That’s my biggest call going into this earnings season,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Thursday. Refinitiv predicts S&P 500 fourth-quarter earnings results
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The Kingdom Tower, operated by Kingdom Holding, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia, on Saturday, Jan. 9, 2016.  Waseem Obaidi | Bloomberg | Getty Images Saudi Arabia’s central bank, the Saudi Arabian Monetary Authority (SAMA), is launching a framework for open banking in
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studioEAST | Getty Images LONDON — Bitcoin’s record-breaking rally has led to a surge in retail investment interest in the cryptocurrency market. Crypto exchanges such as Coinbase and Binance and online trading platforms including Revolut and eToro have seen a spike in activity recently, as new investors race to capture some of the wild gains
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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., second left, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images JPMorgan Chase and Citigroup were among the first major financial firms to say they will pause political action committee
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