Joe Manchin opposes SEC climate disclosure rule

Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the … Read more

Jamie Dimon says inflation, Ukraine war may dramatically increase risks for US

Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlos Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest US bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are … Read more

Stock futures are flat after S&P 500 notches third straight week of gains

Traders on the floor of the NYSE, March 25, 2022. Source: NYSE US stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains. Futures contracts tied to the Dow Jones Industrial Average slide 14 points. S&P 500 futures were flat, while Nasdaq 100 futures declined … Read more

Oil slides more than 8% as Shanghai lockdown prompts demand fears

Andrey Rudakov | Bloomberg | Getty Images Oil declined more than 8% during Monday morning trading on Wall Street as concerns over new lockdowns in China and the potential impact on demand sent prices tumbling. West Texas Intermediate crude futures, the US oil benchmark, slipped 8.25% to trade at $104.50 per barrel. International benchmark Brent … Read more

BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization

Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, the CEO and chairman of the world’s biggest asset manager BlackRock, said Russia’s invasion of Ukraine has upended the world order that had been in place since the end of … Read more

Ryan Cohen scoops up 100,000 more shares of GameStop

NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The same stock jumped as high as about 20% in after-hours trading Tuesday after a 30% rally … Read more

Carl Icahn says there ‘very well could be a recession or even worse’

Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market. “I think there very well could be a recession or even worse,” Icahn said on CNBC’s “Closing Bell Overtime” to Scott Wapner. “I have kept everything hedged for … Read more

Goldman announces OTC crypto trade with Galaxy Digital

A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, US, on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing further into the nascent market for derivatives tied to digital assets. The firm is close to announcing that it … Read more