business and finance Elon Musk interrupts NASA-SpaceX call during question about his coronavirus views: 'Move on' By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:17:27 GMT SpaceX CEO Elon Musk unexpectedly spoke up during a NASA conference call on Thursday Full Article
business and finance Wells Fargo will no longer accept applications for home equity lines of credit By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:11 GMT Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers. Full Article
business and finance Stocks just posted their best month in decades, yet most of Wall Street hates this rally By www.cnbc.com Published On :: Thu, 30 Apr 2020 20:07:18 GMT "History tells us that the odds of another deep decline are very, very high," one strategist said. Full Article
business and finance This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus By www.cnbc.com Published On :: Fri, 01 May 2020 15:18:54 GMT After the coronavirus pandemic forced traders to work from home, Wall Street has gone virtual, leaning on tech platforms like Symphony and Zoom. Full Article
business and finance NASA's billions of investment in SpaceX have been 'very beneficial,' agency chief says By www.cnbc.com Published On :: Fri, 01 May 2020 18:13:22 GMT NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk's SpaceX have been well worth it. Full Article
business and finance Carl Icahn, who's made a large bulk of his fortune in energy, has a new play in the industry By www.cnbc.com Published On :: Sat, 02 May 2020 14:04:03 GMT Icahn's next energy bet could pay off through a takeover or a rebound in oil prices. Full Article
business and finance Rocket Lab CEO: The space industry is entering at least 'a year and a half slog' due to coronavirus By www.cnbc.com Published On :: Sun, 03 May 2020 15:18:42 GMT Rocket Lab CEO Peter Beck told CNBC that the impact of the coronavirus crisis on the space industry is in "early days," as he expects a tough environment for at least 18 more months. Full Article
business and finance Putting the economy back together again: What the future holds for Americans By www.cnbc.com Published On :: Sun, 03 May 2020 13:24:21 GMT After the coronavirus pandemic passes, life will continue in many regards, but nothing will be the same and the economy won't return to the way it was, not for a long time. Full Article
business and finance Jim Cramer says Buffett's sale of airline stocks makes him 'very concerned about the near term' By www.cnbc.com Published On :: Mon, 04 May 2020 20:21:03 GMT Cramer said that he viewed Buffett bailing on airlines as a sign that there were serious issues in the broader economy. Full Article
business and finance Cramer says Trump can't raise tariffs on China with 30 million unemployed: 'That is 1932' By www.cnbc.com Published On :: Mon, 04 May 2020 17:01:31 GMT Cramer warned that the U.S. economy may be too weak to handle another trade spat with China and discouraged Trump from imposing new tariffs. Full Article
business and finance Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says By www.cnbc.com Published On :: Tue, 05 May 2020 00:55:39 GMT "I don't think you're buying these thinking that that business is coming back immediately," TD Ameritrade chief market strategist JJ Kinahan told CNBC. Full Article
business and finance 'Togetherness kills' — Cramer looks at stocks that will continue to suffer as social distancing remains By www.cnbc.com Published On :: Tue, 05 May 2020 16:13:07 GMT "Social distancing is going to be the answer why you have to sell certain stocks," CNBC's Jim Cramer said Tuesday. Full Article
business and finance Cramer says the plant-based meat 'movement is happening' and investors better 'get on the bus' By www.cnbc.com Published On :: Wed, 06 May 2020 15:35:17 GMT "This is not blockbuster drug, but watch this trend. I think it's very exciting for investors," CNBC's Jim Cramer said Wednesday. Full Article
business and finance Cargo carriers reap rewards of coronavirus chaos By www.cnbc.com Published On :: Thu, 07 May 2020 21:01:11 GMT Cargo carriers have become a hot corner of the airline industry as airlines idle planes to face the coronavirus pandemic Full Article
business and finance Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches By www.cnbc.com Published On :: Fri, 08 May 2020 05:45:03 GMT A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. Full Article
business and finance Longtime bull Jeremy Siegel: March coronavirus swoon in stocks 'definitely going to be the low' By www.cnbc.com Published On :: Fri, 08 May 2020 17:47:26 GMT "I think 2021 could be a boom year. With the liquidity that the Fed is adding, unprecedented. It could be a really good year," the Wharton School professor told CNBC on Friday. Full Article
business and finance Tesla shares are up more than 7% since Elon Musk said the stock was 'too high' By www.cnbc.com Published On :: Fri, 08 May 2020 20:06:38 GMT Shares of Tesla closed down 10.3% last Friday on CEO Elon Musk's tweet, but have quickly recovered those losses and added much more. Full Article
business and finance BCG: 65% of investors more bearish on the economy than just a month ago By www.cnbc.com Published On :: Mon, 27 Apr 2020 08:37:26 GMT Hady Farag of Boston Consulting Group discusses the firm's latest investor pulse check survey, including how many believe we'll need at least $1-$2 trillion of additional fiscal stimulus to support the economy through the coronavirus pandemic. Full Article
business and finance Emons: The stock rally appears to be driven by three types of economies By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:24:12 GMT Ben Emons of Medley Global Advisors discusses the opportunities investors can find among companies operating in the "new economy", such as tech and healthcare, and those in a "return to normal" environment, such as entertainment, leisure and hospitality. Full Article
business and finance Bankrate: Americans are still grappling with the enormity of the economic crisis related to the virus pandemic By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:25:35 GMT Bankrate's Mark Hamrick discusses the findings of a new survey on how Americans are feeling about their financial health, more than a month into coronavirus stay-at-home measures. Full Article
business and finance NYT: EU bows to pressure to soften criticism of how the Chinese government pushed disinformation about the coronavirus By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:32:59 GMT New York Times reporter Matt Apuzzo discusses his piece on how Beijing moved to tamp down criticism from the West over its response to the coronavirus pandemic. Full Article
business and finance Wieting: There is some visibility that six months from now economic activity will be higher than it is now By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:47:00 GMT Steven Wieting of Citi Private Bank discusses whether the equity markets may be running ahead of themselves, given the many still-unknowns surrounding the COVID-19 pandemic. Full Article
business and finance Denver restaurant group owner: We're still unsure of what "reopening" looks like in this new reality By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:51:28 GMT Frank Bonanno, the owner of the Bonanno Concepts restaurant group in Denver, discusses how the industry will attempt to reopen gradually Colorado lifts some lockdown measures, including transforming the dining experience. Full Article
business and finance Georgia small business owner: We won't be reopening yet, as it's too early and unsafe By www.cnbc.com Published On :: Mon, 27 Apr 2020 11:01:03 GMT Vince Villavalzo, owner of the Mystic Owl tattoo parlor in the Atlanta metro area, discusses his decision not to reopen his business, even as the state of Georgia attempts to reopen some of its economy. Full Article
business and finance Stutland: Would rather buy the oil producers themselves than trust the commodity futures contract or ETF By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:29:38 GMT Brian Stutland of Equity Armor Investments discusses the complexities of trading directly in the commodities market, especially with ETFs that track oil futures contracts. Full Article
business and finance Jablonski: There's a big difference between the economic outlook and what the markets are doing By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:33:12 GMT Sylvia Jablonski of Direxion discusses the disconnect between real economic conditions on the ground and how the markets are reacting amid the COVID-19 pandemic. Full Article
business and finance Jefferies: Boeing may have to shore up about another $15 billion in capital at some point By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:33:35 GMT Sheila Kahyaoglu of Jefferies discusses the biggest issues facing Boeing right now, with much of production still halted due to the coronavirus pandemic. Full Article
business and finance Stew Leonard: There is going to be a meat shortage in the U.S. By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:34:47 GMT Stew Leonard Jr., the CEO of the Northeast supermarket chain Stew Leonard's, discusses President Trump's order for meat processing plants to stay open, even despite concerns about coronavirus cases in some of those facilities. Full Article
business and finance Rystad Energy: Global crude storage capacity may reach the top in about 3-4 weeks By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:57:23 GMT Bjørnar Tonhaugen of Rystad Energy discusses what could potentially happen to oil prices when the U.S. and the world is projected to run out of viable physical storage capacity, potentially sometime in May. Full Article
business and finance Liu: For everyday investors, it's important to focus on the light at the end of the tunnel By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:22:25 GMT James Liu of Clearnomics discusses whether the markets are pricing in a quicker economic recovery than some of the most-dire estimates, and jumping on any positive news it can get. Full Article
business and finance Campbell: Odds of some type of government support for oil industry are rising By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:24:16 GMT Chris Campbell of Duff & Phelps discusses the likelihood of a bipartisan deal to support the U.S. oil and gas industry, which has been battered by the demand destruction caused by the coronavirus. Full Article
business and finance Wedbush's Kulina: The key for big tech earnings has been signs of stabilization in April By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:44:05 GMT Joel Kulina of Wedbush Securities discusses the key takeaways from Facebook, Microsoft and Tesla's earnings reports, and whether big tech companies may largely get a pass for a downturn in business in the latter part of Q1. Full Article
business and finance Lesko: The COVID-19 pandemic has basically been a gift to Amazon By www.cnbc.com Published On :: Fri, 01 May 2020 10:27:08 GMT Tim Lesko of Granite Investment Advisors says it's hard to imagine a better backdrop for Amazon, with the surge in online sales during the virus outbreak, and as for Apple, expectations weren't very high for iPhone sales this year, even before the pandemic. Full Article
business and finance Morganlander: Would be a buyer in the markets right now of higher quality companies By www.cnbc.com Published On :: Fri, 01 May 2020 10:28:05 GMT Chad Morganlander of Washington Crossing Advisors discusses the factors behind the market's snap-back in April, and which stocks could continue to lead during the uncertainty from the virus pandemic. Full Article
business and finance Why one of the nation's largest car dealers says sales have been improving in recent weeks By www.cnbc.com Published On :: Fri, 01 May 2020 10:45:16 GMT Bryan DeBoer, CEO of car dealer Lithia Motors, discusses how auto sales have trended during the COVID-10 pandemic, and how the company has adapted to accommodate potential car buyers, including home delivery and pickup. Full Article
business and finance Realtor.com: Sharp drop in new listings in April, increase in time it takes to sell a home By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:09 GMT Realtor.com chief economist Danielle Hale discusses the firm's latest housing trends report, including whether demand for home buying will return this summer if the U.S. can effectively contain the coronavirus pandemic. Full Article
business and finance Dwek: It's great we're restarting, but the level of growth we're going to get is nothing close to what he had pre-crisis By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:15 GMT Esty Dwek of Natixis Investment Managers discusses market reaction to plans by U.S. states and some countries to reopen their economies, and whether stocks may be pricing in too much optimism. Full Article
business and finance Tannebaum: Businesses are treading cautiously to stay within the confines of the conditions of the PPP By www.cnbc.com Published On :: Tue, 05 May 2020 10:31:42 GMT Daniel Tannebaum of Oliver Wyman discusses the liability issues companies who participate in the Paycheck Protection Program face, and how the government should continue to refine the legislation. Full Article
business and finance Emanuel: The market has tried to take bad economic news in stride By www.cnbc.com Published On :: Tue, 05 May 2020 10:39:25 GMT Julian Emanuel of BTIG discusses whether health data related to the virus pandemic has become the market's new economic data. Full Article
business and finance Horsburgh: Markets could still have a setback, while still maintaining a relatively optimistic outlook By www.cnbc.com Published On :: Wed, 06 May 2020 10:04:42 GMT Tim Horsburgh of Invesco discusses why there seems to be such a disconnect between the weak economic data and the market's positive moves. Full Article
business and finance Top-ranked Barron's advisor on investment strategies amid the coronavirus outbreak and market volatility By www.cnbc.com Published On :: Wed, 06 May 2020 10:08:08 GMT Greg Sarian, CEO of Sarian Strategic Partners and one of Barron's Top 100 Advisors, says investors should prepare for more volatility, and discusses some tax strategies to employ as stock prices are still lower. Full Article
business and finance Serhant: Buyers are starting to come back to the New York City real estate market By www.cnbc.com Published On :: Wed, 06 May 2020 10:17:19 GMT Ryan Serhant of The Serhant Team and Nest Seekers International, and cast member on Bravo's "Million Dollar Listing NY," discusses the state of the New York City real estate market, and how residents are waiting out the pause caused by the coronavirus pandemic. Full Article
business and finance UBS' Hodulik: Disney's next quarter is going to be dramatically worse than Q1 By www.cnbc.com Published On :: Wed, 06 May 2020 10:24:16 GMT John Hodulik, telecom analyst at UBS, talks Disney's first-quarter results. Full Article
business and finance Maley: It's going to be tough for the markets to rally much further By www.cnbc.com Published On :: Thu, 07 May 2020 10:10:27 GMT Matt Maley of Miller Tabak discusses how the markets appear to be driven by a small number of stocks, and says narrow markets are usually followed by further declines. Full Article
business and finance Hali: Shoppers will be hesitant to go back to large stores unless they make some changes By www.cnbc.com Published On :: Thu, 07 May 2020 10:18:52 GMT Jane Hali, retail analyst and CEO of Jane Hali & Associates, discusses how the industry has to adapt to changes in consumer buying habits brought on by the coronavirus pandemic, and which chains may emerge stronger, and which could go away. Full Article
business and finance Verrone: The leaders are still the leaders in this market By www.cnbc.com Published On :: Fri, 08 May 2020 10:54:39 GMT Chris Verrone of Strategas says the market fundamentals are stronger than many people suspect, even as it's still difficult to reconcile stock performance with the dismal economic picture. Full Article
business and finance Why one host is striking back at Airbnb by building her own direct booking website By www.cnbc.com Published On :: Fri, 08 May 2020 10:55:30 GMT Polina Raygorodskaya, the co-founder and CEO of direct booking site Wanderu, discusses her and other hosts' frustration with Airbnb policies, and why she decided to build her own site in an effort to diversify her business. Full Article
business and finance Dow falls for the first time in 3 days, drops more than 200 points By www.cnbc.com Published On :: Wed, 06 May 2020 20:11:33 GMT The Dow fell as investors weighed the prospects of reopening the economy along with a dismal payrolls report. Full Article
business and finance Wharton's Jeremy Siegel declares end to the 40-year bull market in bonds By www.cnbc.com Published On :: Tue, 05 May 2020 23:30:02 GMT Wharton finance professor Jeremy Siegel expects the interest rate on bonds and inflation to significantly rise over the next several years. Full Article
business and finance China tourism revenue drops nearly 60% in first major holiday since coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 06:20:47 GMT During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded tourism revenue of 47.56 billion yuan ($6.79 billion), down nearly 60% from last year, according to the Ministry of Culture and Tourism. Full Article