Finance

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange on January 31, 2014 in New York City. Check out which companies are making headlines after the bell: Shares of e.l.f. Beauty initially dropped more than 1 percent after hours …

Starbucks cafes are facing mounting competition from other Starbucks locations and that’s going to hurt the stock, one Wall Street firm said Wednesday. BMO Capital Markets downgraded Starbucks shares to market perform from outperform after its researched indicated that store overlap has grown to such an extreme point that they …

The U.S. exchange-traded fund that tracks South Korean stocks erased its gains from Tuesday’s session on a report that North Korea can now fit nuclear weapons into missiles. The iShares MSCI South Korea capped ETF (EWY) was trading 0.1 percent higher before the news broke. At 1:31 p.m. in New …

A pedestrian walks past an advertisement for McDonald’s in Shenzhen, China, on August 4, 2014. Fast-food giant McDonald’s plans to accelerate its expansion in China increasing the number of restaurants in the country by 2,000 by the end of 2022, to a total of 4,500 nationwide. The chain hopes the …

Joby Sessions | Maximum PC Magazine | Getty Images Detail of a Razer gaming mouse, taken on March 2, 2016. Besides moving Razer beyond “just making nuts and bolts,” Koh also noted it wasn’t obvious to others in the business community at the time just how large the gaming industry …

Andrew Harrer | Bloomberg | Getty Images Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis. Reducing immigration to the United States, as President Donald Trump has proposed, will reduce economic growth, Minneapolis Federal Reserve Bank President Neel Kashkari said on Monday. “Do we want …

Bitcoin leaped more than 10 percent overnight into record territory, significantly strengthening against its offshoot “bitcoin cash” amid a hack on the new currency’s network. Bitcoin hit an all-time high of $3,242.82 early Saturday morning Eastern Time, according to CoinDesk, before paring its gains slightly to hover near $3,172, with …

Saul Loeb | AFP | Getty Images President Donald Trump speaks during a Make America Great Again Rally at Big Sandy Superstore Arena in Huntington, West Virginia, August 3, 2017. President Donald Trump’s and the GOP’s formal legislative agenda may be stalled, but that is not stopping them from embarking …

Wells Fargo shares fell Friday after a filing with the U.S. Securities and Exchange Commission showed a new review of the bank’s consumer sales scandal could reveal a “significant increase” in unauthorized accounts. “We expect that our review of the expanded time periods … may lead to a significant increase …

Munshi Ahmed | Bloomberg | Getty Images :The DBS Group Holdings Ltd. logo is displayed atop the company’s DBS Asia Hub building in Singapore, on Thursday, Feb. 9, 2012. DBS Group Holdings, Singapore’s biggest lender, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, …