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

China’s real estate crisis could threaten growth into 2022. Beijing’s undeterred

The country’s GDP grew at its slowest pace in a year last quarter, expanding just 4.9% from a year earlier. Compared to the prior quarter, the economy grew a mere 0.2% in the July-to-September period — one of the weakest quarters since China started releasing such records in 2011. Disruptions due to the global shipping … 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

Economy coming out of the shadow of the pandemic: RBI paper

The Indian economy is picking up leaving behind the shadow of the pandemic as consumer demand improves and supply constraints ease due to strong kharif agricultural production and revival in manufacturing and services. Also softer food prices are aligning headline inflation closer to the target of 5.3 per cent for FY’22. Yet global uncertainties, rising … Read more

Supply chain chaos is already hitting global growth. And it’s about to get worse

Cargo trucks parked at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, Oct. 13, 2021. Kyle Grillot | Bloomberg | Getty Images Thanks to the rollout of coronavirus vaccines, the global economy is slowly starting to emerge from the pandemic. But Covid-19 has left one very destructive economic issue in its … Read more

China’s economic growth slows to 4.9% in the third quarter

The rate of growth from a year ago in the July-to-September period was much slower than the 7.9% year-on-year increase China registered in the second quarter. It’s also the weakest rate of growth since the third quarter of 2020, when GDP also grew 4.9% year-on-year. The data from China’s National Bureau of Statistics suggests that … Read more

Dow futures are little changed ahead of a big week of earnings

U.S. stock index futures were about unchanged during overnight trading on Sunday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season. Futures contracts tied to the Dow Jones Industrial Average shed just 23 points. S&P 500 futures lost 0.1%, while Nasdaq 100 futures lost 0.2%. The major … Read more

China risks making ‘big mistakes’ with widespread crackdown, says ex-IMF chief economist

China risks making “big mistakes” as it cracks down on large swathes of its economy from technology, to private tutoring and real estate, said a former chief economist of the International Monetary Fund. “I worry a lot about China because to some extent they’re attacking the basis of their growth so far,” Raghuram Rajan told … Read more

Stock futures are flat after S&P has best day since March on strong earnings

U.S. stock index futures were little changed during overnight trading on Thursday, after the S&P 500 posted its best day since March on stronger-than-expected earnings. Futures contracts tied to the Dow Jones Industrial Average gained 36 points. S&P 500 futures advanced 0.11%, while Nasdaq 100 futures were up 0.12%. During regular trading the S&P 500 … Read more

Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Walgreens and more

Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents above consensus, helped by revenue gains at its Optum … Read more