Stock futures inch lower in overnight trading after Dow retakes record high

Traders at the NYSE, October 1, 2021. Source: NYSE Stock futures dipped slightly in overnight trading on Wednesday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings. Dow futures fell 35 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% lower. The 30-stock average jumped about 150 … Read more

WHO warns of rise in Covid cases across Europe for third consecutive week as restrictions are eased

A Covid patient breathes oxygen through a mask at the sub-intensive care unit of the Casalpalocco hospital, south of Rome, on October 13, 2021. Alberto Pizzoli | AFP | Getty Images Covid-19 cases in Europe have increased for the third consecutive week, World Health Organization officials said at a briefing Wednesday, urging caution as temperatures … Read more

6 reasons why Americans aren’t returning to work

A “Now Hiring” sign outside a store on Aug. 16, 2021 in Arlington, Virginia. OLIVIER DOULIERY | AFP | Getty Images On the surface, conditions may seem ripe for a boom in the U.S. labor market. There are still 5 million fewer jobs than before the pandemic but job openings are near record highs. And … Read more

Koch network spends big to lobby against Biden agenda while supporting other Democratic plans

The political network backed by billionaire Charles Koch spent a record amount of money directly lobbying Congress, with a focus on opposing crucial elements of President Joe Biden’s agenda while supporting some bills backed by Democratic lawmakers. Americans for Prosperity, a 501(c)(4) nonprofit organization, supported by the libertarian-leaning Koch, spent $350,000 between July and September … Read more

Bomb threat leads to lockdown at Navy facility that includes Walter Reed hospital

Walter Reed National Military Medical Center is seen shortly after the White House announced that President Donald Trump will be helicoptering to the hospital and “will be working from the presidential offices at Walter Reed for the next few days” after testing positive for the coronavirus disease (COVID-19), in Bethesda, Maryland, U.S., October 2, 2020. … Read more

Stocks making the biggest moves before the bell: Biogen, Novavax, Netflix, Verizon & more

A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per share consensus estimate from Refinitiv, with revenue also … Read more

UK doctors call for urgent return of Covid restrictions as experts monitor new mutation

Firefighter Dan Joslin wearing a face shield helps prone a Covid-19 patient as he works alongside critical care nurses in the Intensive Care Unit at Queen Alexandra Hospital in Portsmouth, southern England. ADRIAN DENNIS | AFP | Getty Images LONDON — U.K. medical professionals have issued an urgent plea to the British government to reimpose … Read more

Alibaba shares surge nearly 7% after Jack Ma appears in Europe and company releases new chip

Jack Ma, founder of Alibaba Group, attends opening ceremony of the 3rd All-China Young Entrepreneurs Summit on September 25, 2020 in Fuzhou, Fujian Province of China. Lyu Ming | China News Service via Getty Images GUANGZHOU, China — Alibaba’s Hong Kong shares rallied as much as 9% on Wednesday following reports that its founder Jack … Read more

Watch CNBC’s Sustainable Future Forum Asia: Industry Response

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Wednesday’s session from Asia focuses on the industry’s response. It’s time to talk targets and check the promises … Read more

JPMorgan says China’s power crisis could blow over soon — and these 3 stocks could pop

Barges travel past the Wangting Power Plant in Wangting, Jiangsu province, China, on Thursday, Sept. 30, 2021. Qilai Shen | Bloomberg | Getty Images JPMorgan analysts say China’s power crunch could ease as soon as November, and picked three energy-related stocks that may bounce back. Source link