Bitcoin’s Next Move As Crypto Market Cap Tops $2.7 Trillion for the First Time

Bitcoin’s Next Move As Crypto Market Cap Tops $2.7 Trillion for the First Time

CBS News Videos

China real estate company Evergrande Group narrowly avoids default

China property company Evergrande group paid $83.5 million to international bondholders Friday just hours ahead of its deadline, temporarily preventing a default. Chen Zhao, the chief global strategist for Montreal investment firm Alpine Macro, joined CBSN to discuss the latest on Evergrande's financial troubles.

FX Empire

Monstrous Earnings Ahead: Facebook, Microsoft, Alphabet, Apple and Amazon in Focus

Next week’s earnings are of much significance for major market movements as over 160 S&P 500 companies along with four of the five “FAANG” companies would report quarterly results. Following is a list of earnings scheduled for release October 25-29, along with previews for select companies. Investors will keep an eye out for signs that rising costs, labour shortages amid supply chain disruptions will erode U.S. corporate profits this quarter and in the future.

Reuters

Aramco aims for net zero emissions from operations by 2050, CEO says

RIYADH (Reuters) -Saudi Aramco aims to achieve net zero emissions from its operations by 2050 while also expanding its maximum sustained production capacity to 13 million barrels per day, Chief Executive Amin Nasser said on Saturday. Nasser also warned that global spare capacity of crude was declining fast and there was a