Economy

The International Monetary Fund’s managing director said Friday that China’s zero-Covid policy is increasingly looking like a “burden.”

U.S. stock futures dropped Friday as Netflix shares plunged in the premarket on slowing subscriber growth.

These are the stocks posting the largest moves before the bell.

Many of the small island states nestled in the Pacific Ocean have had no new cases of the virus for months.

The price of bitcoin fell below $39,000 on Friday.

No longer willing to wait, travelers are booking big “bucket list” trips this year to make up for lost time, despite rising costs in the industry.

The Nasdaq Composite was on pace for its worst week since 2020 on Friday as sharp losses in streaming giant Netflix dragged the index deeper into correction territory.

Treasury Secretary Yellen defended the administration’s economic achievements and said that she hopes to see inflation closer to 2% by the end of 2022.

The energy secretary failed to disclose at least nine stock sales within the required 45-day window.

Check out the companies making headlines in after-hours trading.

Claims for unemployment benefits jumped by 55,000 last week. A surge in Covid cases is likely a factor, but not the only one.

The Fed released its exploration of a digital dollar, exploring the pros and cons of the much-debated issue and soliciting public comment.

Investors should dump their stocks in companies that aren’t profitable, CNBC’s Jim Cramer said Thursday, one day after the Nasdaq entered correction territory.

How is Joe Biden doing 1 year into his presidency on issues like the economy and the coronavirus pandemic? NBCLX Political Editor Noah Pransky and storyteller Chase Cain talk with LX News host Ashley Holt about Biden’s record so far.

Initial filings totaled 286,000, well above the estimate of 225,000 and a substantial gain from the previous week’s 231,000.

U.S. stock futures bounced Thursday, one day after the Nasdaq finished in correction territory, down more than 10% from its record high close in November.

These are the stocks posting the largest moves before the bell.

Australia is inviting backpackers because it wants to reduce labor shortages that have been made worse by Covid-19.

President Joe Biden on Wednesday said he supports Federal Reserve Chairman Jerome Powell’s expected move to begin tightening monetary policy.

Facing high daily Covid cases and major legislative defeats in Washington, President Joe Biden defended his course of action in his first year in office.