5 things to know before the stock market opens Thursday

Dow and S&P 500 futures pointed to declines of about 1% at Thursday's open after back-to-back losses for the first time in three weeks. There were several factors putting a pall on the markets, including spiking coronavirus cases in Europe, Treasury Secretary Steven Mnuchin saying a stimulus deal before next month's election was going to be tough, and EU nations […]

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Stocks making the biggest moves midday: Disney, Ethan Allen, BlackRock, JPMorgan and more

Check out the companies making headlines in midday trading. Disney — Shares of the media giant advanced more than 4% after the company announced a major reorganization that will make streaming a "primary focus." To accelerate its direct-to-consumer strategy, Disney will centralize its media businesses into a single organization that will be responsible for content distribution, ad sales and Disney+. […]

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Citigroup's third-quarter profits fall 34% but top Wall Street expectations

Investors must keep eye on these 4 factors, market expert says Gregg Smith of Evolution VC Partners provides insight into what factors are impacting markets, including upcoming earnings, the Federal Reserve, the coronavirus vaccine race and the presidential election. CHARLOTTE, N.C.  — Citigroup says profit fell 34% in the third quarter due to weakness in its consumer banking division, as […]

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Hong Kong Halts Stock Trading on Tropical Storm Nangka

Trading in Hong Kong’s $5.9 trillion stock market was scrapped Tuesday morning as tropical storm Nangka prompted authorities to shutter businesses and close schools. The Hong Kong Observatory raised its storm signal to No. 8, the third-highest on its scale, at 5:40 a.m. and said it expects the signal to be in force for “most of the day.” Winds with […]

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The Next Big Shift in Economics Takes Shape Under Covid Shadow

A rare regime-change in economic policy is under way that’s edging central bankers out of the pivotal role they have played for decades. Fiscal policy, which fell out of fashion as an engine of economic growth during the inflationary 1970s, has been front-and-center in the fight against Covid-19. Governments have subsidized wages, mailed checks to households and guaranteed loans for […]

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Daimler labor chief urges lawmakers to promote car charging

Fox Business Flash top headlines for October 9 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. FRANKFURT - European lawmakers should promote electric car charging infrastructure as aggressively as they seek to lower carbon dioxide emissions, Michael Brecht, works council chief at German carmaker Daimler, told Reuters. Continue Reading Below Carmakers have warned that European Commission […]

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Hurricane Delta roils oil rigs, squeezes gasoline prices

Col. Karl Jansen on Hurricane Delta: Louisiana has ‘tough night ahead’ Col. Karl Jansen of the U.S. Army Corp of Engineers discusses Hurricane Delta, which is expected to hit as Louisiana still recovers from Hurricane Laura. Hurricane Delta is expected to make landfall, and it is unclear whether the storm will hit as a category two or three storm. Continue […]

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