Finance

Bryn Mawr Trust’s Jeff Mills is making a big bet on the economic recovery. After years of decline, he predicts small-cap stocks’ 2020 comeback will deliver even bigger gains to investors next year. “We’re at this point where monetary policy and fundamental economic growth, at least in our opinion, line up,” the firm’s chief investment officer

Igor Golovniov/SOPA Images/LightRocket via Getty Images Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night. That would mirror what happened this past spring, when deceased individuals were among the recipients of a prior round of direct payments, of up to $1,200 per person. More than 1 million

The icons for the Monzo and Starling Bank banking apps on a smartphone. Adrian Dennis | AFP via Getty Images LONDON — In a year when online banking has taken off, you’d think it would be a golden opportunity for Europe’s digital challenger banks to shine. Research from Mastercard last month found that 42% of

U.S. stock index futures advanced in overnight trading on Tuesday as the market tried to reclaim record highs. Contracts tied to the Dow Jones Industrial Average gained 42 points. S&P 500 futures and Nasdaq 100 futures each gained 0.14%. The move came after the major averages closed lower on Tuesday, giving up early gains that

Check out the companies making headlines in midday trading.  Ormat Technologies — Shares of the alternative energy company advanced more than 4% after Bank of America initiated coverage on the stock with a buy rating and $96 target, according to FactSet. The stock rose to an all-time high on the heels of the bullish call.

Containers and trucks at the port of Qingdao, China on February 14, 2019. Reuters BEIJING — China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday. After about a year since Covid-19 first emerged in the Chinese city of Wuhan,

U.S. stock futures rose slightly on Monday night following a rally that lifted the major averages to fresh record highs. Dow Jones Industrial Average futures traded 92 points higher, or 0.3%. S&P 500 and Nasdaq 100 futures gained 0.3% and 0.2%, respectively. The Dow jumped 204 points, or 0.7%, earlier in the day, while the

JPMorgan Chase has agreed to purchase one of the biggest third-party credit-card loyalty operators in a bet that pleasure travel will rebound sharply after the coronavirus pandemic subsides, CNBC has learned. The bank agreed Monday to acquire the technology platforms, travel agency, gift card and points businesses of cxLoyalty Group, a privately-held Stamford, Connecticut-based company, according

U.S. bond prices fell on Monday morning after President Donald Trump signed a $900 billion Covid-19 relief bill into law. The yield, which has an inverse relationship to the price, on the 10-year Treasury note rose to 0.9514%. While on the 30-year Treasury bond it rose to 1.6918%. Trump averted a government shutdown late Sunday,

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures held steady in overnight trading on Sunday ahead of the final trading week of 2020. Futures on the Dow Jones Industrial Average dipped 35 points. S&P 500 futures fell 0.1% and Nasdaq 100 futures were little changed. Investors monitored the status

U.S. government debt prices were lower on Wednesday after President Donald Trump suggested he may not sign a long-delayed coronavirus relief package.  The yield on the benchmark 10-year Treasury note climbed to 0.921%, while the yield on the 30-year Treasury bond was slightly higher at 1.655%. Bond yields move inversely to prices. Trump on Tuesday poured cold water on

Take a look at some of the biggest movers in the premarket: FireEye (FEYE) – The cybersecurity firm’s stock is 2% lower in premarket trading, after rising for four straight sessions and eight of the past 10, gaining more than 78% over the latter stretch. Shares of this and other cybersecurity firms have been rising,

Treasury yields fell on Thursday after the U.K. and the European Union agreed on new Brexit trading arrangements. The yield on the benchmark 10-year Treasury note fell to 0.948%, while the yield on the 30-year Treasury bond traded lower at 1.689%. Bond yields move inversely to prices. Negotiators from Britain and the European Union reached a free trade agreement

LONDON — The British pound traded near 2-½ year highs on Thursday as investors reacted to the U.K. and the European Union striking a long-awaited Brexit trade deal. Sterling trimmed some gains after the news was announced, but was still up 0.5% for the session at around $1.3557. Earlier this month, the currency breached a

Check out the companies making headlines in midday trading.  Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough

European stocks are set to open higher in a light trading session as traders grew optimistic a Brexit trade deal would be reached. Britain’s FTSE 100 is seen climbing 38 points to 6,530 and France’s CAC up 15 points at 5,552, according to index data from IG. The German and Italian markets are closed for

U.S. stock index futures were slightly higher in overnight trading on Wednesday, ahead of the final trading day of the holiday-shortened week. Futures on the Dow Jones Industrial Average advanced 48 points. S&P 500 futures rose 0.12%, while Nasdaq 100 futures advanced 0.08%. The S&P 500 finished Wednesday’s session little changed — rising less than

CEO and founder of U.S. Nikola Trevor Milton Massimo Pinca | Reuters Check out the companies making headlines in midday trading.  Carnival, Norwegian Cruise Line, Royal Caribbean — Travel stocks rebounded from steep losses earlier this week on fears about the new Covid strain in the U.K. Carnival and Norwegian Cruise Line popped more than

LONDON — European markets opened higher on Wednesday, as investors react to President Donald Trump’s disapproval of a long-delayed U.S. coronavirus stimulus package. The pan-European Stoxx 600 index was up 0.5% during morning deals, with autos stocks climbing 1.6% to lead the gains. Health care stocks bucked the trend to slip around 0.3%. Trump on

U.S. stock futures were flat in overnight trading on Tuesday after the S&P 500 suffered a three-day losing streak. Dow futures rose 6 points. S&P 500 futures and Nasdaq 100 futures gained 0.07% and 0.05%, respectively. On Tuesday, the Dow Jones Industrial Average shed 200 points, despite a 2.9% jump in Apple’s stock. The S&P