Economy

Check out the companies making headlines in midday trading.

Markets are right to be optimistic about the economic outlook in 2021, with growth returning and inflation rising below central bank targets, Barclays said.

[The stream is slated to start at 10 am ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin head to the House Financial Services Committee for the second day of testimony on Capitol Hill. The two officials are required to update Congress on…

A report on financial security shows a widening divide between the haves and have-nots amid the coronavirus outbreak and economic crisis.

Companies hired 307,000 workers for the month, ADP said, well below the 475,000 estimate from a Dow Jones survey of economists.

Only one Covid-19 economic stimulus idea receives more support among small business owners than among the general public: the Paycheck Protection Program.

“We are experiencing a crisis that is bigger than all the financial crises that the airline industry has faced,” said Sara Nelson.

These are the stocks posting the largest moves before the bell Wednesday, Dec. 2.

China’s economic gains place it ahead of the U.S. and other regions in achieving growth after the pandemic, according to the Q4 CNBC Global CFO Council Survey.

A potential delay to the distribution of coronavirus vaccines is the biggest economic risk, European Central Bank member Stournaras said.

The IMF has warned that unless Europe’s “pandemic dynamics change significantly” in the coming months, economic growth in the euro area is set to be weaker.

If confirmed for the job, former Federal Reserve Chair Janet Yellen would be a critical figure in U.S. trade negotiations with China.

Credit Suisse’s Jonathan Golub sees significant market gains following near-term softness.

President-elect Joe Biden’s economic advisors described how early experiences of hardship still inform their views of economic policy today.

Australia is stuck in a bad situation as China finds alternative sources for agricultural goods, S&P Global Platts told CNBC.

A bipartisan group of lawmakers pushed for a new coronavirus stimulus bill, which was rejected by McConnell. Experts say it falls short to help Americans need now.

The Treasury secretary cited portions of the law that said he didn’t have the authority to allow Fed programs to run past the end of 2020.

These are the stocks posting the largest moves in midday trading.

Workers are receiving unemployment benefits in a volume that rivals records set pre-pandemic.

Many Americans had barely been making ends meet before the coronavirus tipped the U.S. into a deep recession. Now, millions are falling into poverty.