New York (CNN Business)Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to an even worse start to 2022. Shares of Peloton (PTON) are down nearly 25% this year and trading at their lowest level in nearly two years. The stock was up 12% Friday though after the company confirmed […]

Markets got crushed going into the weekend with the Nasdaq getting the worst, down nearly 3%. ARK Funds took a beating across the board as well. ARKG performed the best out of the group, with a 2.4% loss on the day, while ARKW did the worst, down 6.8%. The gains from the past year are slowly sliding away, but Cathie […]

European stocks retreated on Friday, with Fed policy tightening worries and growing concerns over Ukraine denting sentiment. U.S. Treasury Secretary Janet Yellen said on Thursday she was confident the Federal Reserve and the Biden administration would take steps needed to bring down inflation during 2022. President Joe Biden on Wednesday said he supports Federal Reserve Chairman Jerome Powell’s expected move […]

New Delhi (CNN Business)Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity. Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world’s most valuable cryptocurrency has plummeted over 15% […]

Video  U.S. equity futures rose Wednesday morning as another round of earnings rolled in.  The major futures indexes suggest a gain of 0.2%, rebounding from Tuesday's sharp selloff.   Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 35368.47 -543.34 -1.51% SP500 S&P 500 4577.11 -85.74 -1.84% I:COMP NASDAQ COMPOSITE INDEX 14506.896644 -386.86 -2.60% CLICK HERE TO READ MORE […]

Tuesday was not a good day for equity investors. Wednesday got off to a slightly better start with the three major stock indexes all trading higher in the premarket session. The two big banks that reported results in the morning (Bank of America and Morgan Stanley) both beat profit estimates and missed on revenues. Dow Jones industrial average components Procter […]

The Nasdaq closed at its lowest level since October as Treasury yields rose. The Tech sector took this especially hard, and ARK Funds got some of the worst of it. ARKX performed the best out of the group, with a 2.3% loss on the day, while ARKG did the worst, down 5.6%. The gains from the past year are slowly […]

Fox Business Flash top headlines for January 17 Check out what’s clicking on FoxBusiness.com. SHANGHAI – China's massive car sector is on track to bring its climate-warming carbon dioxide emissions to a peak by 2027 but on current trends it is unlikely to meet the country's 2060 "net zero" target, environment group Greenpeace said on Tuesday. The sector's total carbon […]

Fox Business Flash top headlines for January 14 Check out what’s clicking on FoxBusiness.com. SYDNEY – The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding several rate hikes, while China surprised analysts with a benchmark cut. Chinese economic growth data, […]

A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong (CNN Business)For many companies, doing business in China is getting trickier by the day. But Western banks and asset managers are more than willing […]