Dow looks to avoid three down days in a rowA trader works on the floor at the closing bell of the New York Stock Exchange, December 30, 2019. Bryan R Smith | ReutersThe Dow Jones Industrial Average tries to avoid a three-session losing streak Thursday. But U.S. stock futures were pointing to a lower open on Wall Street. Despite a couple down days in a row, the Dow as of Wednesday’s close was still less than 1% away from record highs. Paul Yeung | Bloomberg | Getty ImagesThe World Health Organiza

Comcast on Thursday reported fourth-quarter earnings that exceeded estimates for the top and bottom lines. Shares of Comcast were up more than 2.2% in pre-market trading. Comcast also cited the strength of film releases in the prior year’s fourth quarter, including “The Grinch” and “Halloween.” Sky brought in $5.04 billion in revenue during the period, an 0.4% increase from the year-ago quarter. Comcast plans to launch a joint news channel with NBC News and Sky News, called NBC Sky World News, o

Doctors, teachers, lawyers and architects continue to dominate among the top career goals for the majority of high school students, even as new professions in science and technology come to the fore, the OECD study noted. This could have potential implications for the future of work, the report highlighted. To conduct the research, the OECD surveyed 15-year-olds across 41 countries in 2018 to find out what they wanted to be when they grew up. The economic organization found little variation in t

Procter & Gamble on Thursday reported quarterly revenue that fell short of estimates as its baby segment, which includes Pampers diapers, struggled. The company also raised its fiscal 2020 forecast. Shares of the company fell 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Earnings per share: $1.42, adjusted, vs. $1.37 expectedRevenue: $18.24 billion vs. $18.37 billion expectedP&G reported fiscal s

A new strain of virus that was first reported in China has killed 17 people and infected nearly 600 others. Abroad, Thailand has confirmed cases, and the United States, Taiwan, South Korea, and Japan have each reported one case. On Thursday, China put on lockdown the two cities at the epicenter of a new coronavirus outbreak. State media reported highway toll booths around Wuhan were closing down, which would effectively cut off road exits. Here’s a snapshot of the number of known cases and where

US Treasury Secretary Steven Mnuchin attends a session at the Congres center during the World Economic Forum (WEF) annual meeting in Davos, on January 21, 2020. DAVOS, Switzerland — U.S. Treasury Secretary Steven Mnuchin sharply criticized the financial credentials of Swedish climate activist Greta Thunberg on Thursday, saying the 17-year-old should study economics at college before lecturing the U.S. on fossil fuel investments. Speaking at a press briefing at the World Economic Forum in Davos,

Joe Kaeser, chief executive officer of Siemens AG, speaks during a second-quarter earnings news conference at the company’s headquarters in Munich, Germany, on Wednesday, May 8, 2019. Michaela Handrek-Rehle | Bloomberg | Getty ImagesPresident Donald Trump would support Siemens’ role in reconstruction projects in countries like Iraq and Syria, the German conglomerate’s CEO told CNBC on Thursday. Although headquartered in Munich, Siemens employs around 60,000 workers in the U.S., with a further 10

U.S. stock index futures fell on Thursday morning. ET, Dow futures were down 42 points, indicating an implied negative open of more than 45 points. Futures on the S&P 500 and Nasdaq were also lower. The spread of the China coronavirus has placed renewed downward pressure on global equity markets, with the death toll rising to 17 and the World Health Organization set to reconvene Thursday to decide whether to declare a global health emergency. On Wednesday, the number of confirmed cases of the ne

U.S. government debt prices were higher on Thursday morning as the death toll resulting from the China coronavirus continues to rise. At around 2:35 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.7551%, while the yield on the 30-year Treasury bond fell to 2.2027%. The death toll from the pneumonia-like illness originating out of Wuhan, China, rose to 17 on Wednesday, with 571 cases now detected throughout Asia and as far away as t

Shadow banking refers to often high-yield lending undertaken by NBFCs that takes place outside the regular banking sector. Rajnish Kumar, chairman of the State Bank of India, acknowledged that India’s non-bank financial companies (NBFCs) — often referred to as shadow lenders — faces funding challenges, but he struck an optimistic tone about the outlook. India’s troubled shadow banking sector is not out of the woods yet, but it may be in a “much better position” than before, said the chairman of

New South Wales Premier Gladys Berejiklian confirmed the crash deaths in the state’s Snowy Monaro region as Australia attempts to deal with an unprecedented fire season that has left a large swath of destruction. Coulson Aviation in the U.S. state of Oregon said in a statement that one of its Lockheed large air tankers was lost after it left Richmond in New South Wales with retardant for a firebombing mission. Coulson grounded other firefighting aircraft as a precaution pending investigation, re

Geishas still perform in Higashi Chaya teahouses, but the heritage structures here now mostly house a mix of stores, cafes and restaurants. Women in Higashi Chaya, Kanazawa, Japan. It is one of the most popular places in Kanazawa to see cherry blossoms bloom in the spring. ken-minIn Higashi Chaya, stop by gold-leaf specialist stores Sakuda or Hakuza to see just how widespread kinpaku’s usage has become. Near Kenrokuen garden, the Kaga Yuzen Kimono Center is the place to learn about the local var

Chinese police and travelers wear protective masks at Hongqiao high-speed railway station before Chinese New Year in Shanghai, China, on Wednesday, Jan. 22, 2020. Chinese government bond futures surged on Thursday as investors’ worries heightened over the spread of a new flu-like virus that has forced China to lock down a city of 11 million people. Chinese 10-year treasury futures for March delivery, the most traded contract, rose 0.42% in afternoon trade to 99.57. Yields on China’s 10-year gove

Pakistan Prime Minister Imran Khan once again called for U.S. President Donald Trump and the United Nations to play mediator between his country and neighbor India over disputed territory in Kashmir. “Kashmir is, you know, it’s a far more serious problem than people realize, (than) the world realizes. Khan was referring to the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist group affiliated with Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party. “That’s why I want

The coronavirus outbreak in China could “significantly affect” Australia’s travel sector, particularly if restrictions are imposed on international travel to stem the virus’ spread, according to Moody’s. The mysterious coronavirus has infected hundreds in China, triggering memories of the SARS epidemic in 2002 and 2003. Authorities have said the current outbreak stemming from Wuhan, China has killed 17 people and infected nearly 600 others. The severe acute respiratory syndrome crisis killed abo

The central bank’s first strategic review since 2003 will analyze why that is the case and whether that target, or how its calculated, needs to change. “The discussion is obviously at an early stage and we don’t expect to get any further information at the upcoming meeting.” Monetary policy action in Frankfurt is not expected by some market watchers for the whole of 2020. With inflation sluggish and no real economic rebound in sight, the majority of economists expect the ECB to adopt a “wait and

European markets declined on Thursday amid increasing concerns over the spread of the China coronavirus and worries that the EU is the next target on President Donald Trump’s trade list. The pan-European Stoxx 600 fell 0.4% in early trade, with basic resources dropping 1.4% to lead losses as all sectors and major bourses entered negative territory. The World Health Organization postponed a decision Wednesday over whether to declare the disease a global health emergency. Beginning Thursday mornin

Hundreds of millions of Chinese will traveling during the week-long holiday period as China celebrates the Spring Festival. “The bad news is that the worst has yet to come, as the number of new infections is still on the rise,” warned Larry Hu, economist at Macquarie Capital. The disease, first discovered in the Chinese city of Wuhan, has spread to Beijing, Shanghai and other populated cities in the country. A U.S. resident who returned from China was among those diagnosed with the Wuhan coronav

Stocks in Asia declined in Thursday morning trade as the death toll rises in China due to a mysterious pneumonia-like virus. Japanese trade data released Thursday showed exports falling more than expected in December. Japanese exports for December fell 6.3% in December as compared to a year before, data from country’s Ministry of Finance data showed. Meanwhile, shares in Australia declined in morning trade, with the S&P/ASX 200 falling about 0.3%. Investor sentiment has taken a hit this week as

Ever since I began writing about credit cards three years ago, the number of credit cards in my wallet has steadily increased. While I’m nowhere near extreme credit card optimizers who have over 30 credit cards, 10 cards is still well above the national average of four. Check your credit score Once I decide that opening a new credit card is in my best interest, I check my credit score. There are dozens of free credit score resources available to help you pinpoint what credit range you fall into,