Klarna is mostly known for its „buy now, pay later“ scheme that offers shoppers interest-free financing over a period of installments.

The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.

Fed Chairman Jerome Powell has „done a lot of the right things to make sure that the market was able to get through the crisis,“ the senior Trump advisor told CNBC on Thursday.

The stocks making the biggest moves in premarket trading include Tiffany, Abercrombie & Fitch, Abbott Labs, and more.

The SEC approved a new type of direct listing where companies can simultaneously go public and raise cash from public market investors.

The U.S. jeweler said worldwide sales in August so far were slightly higher than a year earlier, as the rebound in second-quarter revenues in China extended into the current quarter.

The new venture is aiming to make ’natural capital‘ its own asset.

A new $750 million special purpose acquisition company, or SPAC, is listing on the Nasdaq Wednesday with the goal of buying a global fintech company.

The White House’s executive order on messaging app WeChat would have a significant negative impact on revenues for companies in China subject to U.S. jurisdiction, according to a survey released Wednesday by the American Chamber of Commerce in Shanghai.

The central bank official told CNBC the resurgence of Covid-19 „is an important risk to that outlook.“