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Traders on the NYSE, May 20, 2022. Source: NYSE Stock futures gained in overnight trade Sunday as the Dow Jones Industrial Average dropped for its 8th consecutive week amid a wider market sell-off. Futures on the Dow industrial average climbed 224 points, or 0.72 percent . S&P 500 futures increased 0.9 percent and Nasdaq 100 […] More

The market rise that started in late March 2020 has come to a halt, and Wall Street and Main Street investors alike are taking a more conservative stance. The S&P 500 fell more than 20% below its all-time high on Friday before finishing flat owing to a late-day comeback. Some market analysts will consider it […] More

Bruce Flatt has been the CEO of Brookfield Asset Management for the last two decades, building it to become the world’s second-largest alternative investment business. He is responsible for more than $725 billion in assets spread across real estate, private equity, infrastructure, energy transition, credit, and insurance. Flatt shares his broad perspective in an exclusive […] More

Before the bell, have a look at the businesses generating news: FL – Foot Locker The athletic footwear and clothing company had an adjusted quarterly profit of $1.60 per share, which was 5 cents more than analysts’ expectations. Revenue was somewhat lower than expected, while same-store sales decreased by less than half of what experts […] More

By September 2021, China accounted up just over 22 percent of the entire bitcoin mining industry, according to Cambridge University data. Paul Ratje | The Washington Post | Getty Images Bitcoin miners aren’t giving up in China despite Beijing’s prohibition on the activity. China was previously the world’s greatest crypto mining hotspot, accounting for between […] More

U.S. stock futures gained early on Friday as traders looked to see whether the S&P 500 would drop into bear market territory. Futures related to the Dow Jones Industrial Average climbed 196 points, or 0.63 percent . S&P 500 futures traded 0.76 percent higher, while Nasdaq 100 futures gained 1.06 percent . Those changes occurred […] More

Despite Covid restrictions in some parts of China, Chinese electric car company Nio delivered more than 5,000 cars in April, a sharp decrease from nearly 10,000 deliveries in March. Getty Images | Future Publishing | Future Publishing BEIJING — According to Nio CEO William Li, the company’s biggest challenge right now is ensuring supply chain […] More

A sign shows gas pricing at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images The spike in fuel prices is difficult to ignore and at the forefront of customers’ thoughts as billboards advertise that petrol now costs $4, or $5, or even […] More

Before the bell, have a look at the businesses generating news: Kohl’s (KSS) — Kohl’s announced adjusted quarterly profits of 11 cents per share, below the average forecast of 70 cents. Although revenue exceeded expectations, the company cited a difficult sales environment as well as greater expenses. In premarket trade, Kohl’s shares dipped 3.3 percent. […] More