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Investor fear of missing out is 'not a good sign' for markets, warns Morgan Stanley

Morgan Stanley Investment Management's Andrew Harmstone advises investors to keep their portoflio risk level low and maintain a defensive position while looking for opportunities to add value in an environment of "extremely high" volatility.




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Before the pandemic, Americans prioritized paying down debt—now experts say you may want to hold off

Before the coronavirus pandemic shut down many parts of the U.S. and put millions out of work, Americans held an average of $26,621 in personal debt, excluding mortgages. Many prioritized paying that off. But now, those feeling the impacts of the coronavirus may need to think twice about their priorities, financial planners say.




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How Warren Buffett's son spent the $90,000 of Berkshire stock he got at 19—worth $200 million now: 'I don't regret it'

Rather than spending his Berkshire Hathaway stock inheritance on extravagant things (or allowing it to accrue in value), Warren Buffett's son says he used it to buy something "infinitely more valuable than money." And he has no regrets.




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Shut out of PPP loans, struggling with no child care: How Covid-19 is impacting women-owned small businesses

CNBC Make It spoke to female entrepreneurs about the impact today's pandemic is having on their companies as they fight for federal funding, pivot business operations and manage child-care.




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Why Kevin O'Leary would have said no to Tesla on 'Shark Tank'

Here's why investor Kevin O'Leary would have passed on Elon Musk in the early days.




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Online AP Exams start on Monday—here's what students and parents need to know

This year, some 3.4 million students are registered to take AP Exams online between May 11 and May 22.




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Facebook's Sheryl Sandberg: Preventing burnout 'needs to be a priority'

A new survey suggests that women are experiencing physical symptoms of severe anxiety and burnout at up to twice the rate of men amid the Covid-19 pandemic. Here's what Sheryl Sandberg, COO of Facebook and Rachel Thomas, co-founder and CEO of LeanIn.Org, suggest companies do to provide support.




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Elon Musk: I am not the 'biggest fan' of Warren Buffett – but his job is 'important'

"Warren Buffett for example ... to be totally frank, I'm not his biggest fan, but he does a lot of capital allocation," Tesla CEO Elon Musk said on "The Joe Rogan Experience" podcast. "I mean, that's kind of a boring job if you ask me, but it's still a thing that's important to figure out."




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When will hospitals and doctors' offices be open for normal business again? Here's what health experts think

Hospitals are looking for ways to re-open their doors to patients in a way that limits their risk of exposure.




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ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20

ConocoPhillip's Ryan Lance said on "Power Lunch" that his company is looking at potential acquisitions as the energy sector struggles with low oil prices.




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Coronavirus continues to impact the wind energy sector as Germany's Nordex withdraws guidance

Company says Covid-19 pandemic will affect results from second quarter of 2020.




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World's largest ethanol producer forced to find a new market — hand sanitizer

POET, based in Sioux Falls, South Dakota, has re-engineered systems to make pharmaceutical grade hand sanitizer.




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NHL Commissioner Gary Bettman: No COVID-19 in NHL reported yet

The commissioner says he would like to call this time a "pause" for the league instead of a suspension.




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Sports teams can hang onto sky-high valuations by taking care of employees now during coronavirus outbreak

As coronavirus suspends sporting events, experts say team owners will need to show leadership and financially assist workforces to preserve valuations.




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Tom Brady announces he will leave the New England Patriots

The superstar quarterback did not say where he will go next.




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MLB to offer compensation to minor league players affected by coronavirus work stoppage

Major League Baseball said it will offer financial assistance to minor league players affected by the work stoppage due to the coronavirus pandemic.




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Instagram announces new features for small businesses including gift cards, food orders and fundraisers

Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook.




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Designers are now making fashion face masks and people can even buy a Billie Eilish one

A raft of fashion labels are now making non-medical masks to sell to consumers, including band t-shirt maker Bravado, which has made Rolling Stones, Queen and Ariana Grande versions.




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Nordstrom is preparing to reopen its stores. Here's what the retailer is changing

Nordstrom is preparing to reopen some of its department stores, following the lead of Macy's, offering a glimpse at how shopping will be different coming out of the coronavirus pandemic.




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'Today's norm to tomorrow's everyday routines,' CVS CEO says the pandemic will change customers' shopping, health-care habits

The health-care company's chief executive, Larry Merlo, said trends that emerged during the pandemic, such as use of telemedicine and prescription delivery to the home, may continue to be popular.




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Here's what homeowners need to know about forbearances

CNBC's Diana Olick breaks down what homeowners need to know about mortgage forbearances.




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WeWork's Adam Neumann once said he had a 'beautiful relationship' with SoftBank's Masa Son; now he calls out 'abuse of power' in lawsuit filing

In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup.




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Weekly mortgage applications show real recovery in homebuying, as interest rates set another record low

Homebuyers appear to be heading slowly back into the market, as the coronavirus-stricken economy begins to reopen.




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Top ad firm outlines business sectors hit the most by the pandemic, and the ones that are faring better... for now

Sectors like health care or financial services have been less impacted by the pandemic so far, but Omnicom foresees demand for marketing services to decline as advertisers cut costs in the short term.




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The US will need to spend trillions more as economy takes until 2022 to fully recover: CNBC survey

A third of respondents in the CNBC Fed survey believe the economy won't be fully restored until the second quarter of 2022.




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8-month 'structured lockdowns' could halve economic damage from the coronavirus, research claims

Researchers at Cambridge University and the U.S. Federal Reserve Board found that imposing no lockdown measures in the face of Covid-19 was "extremely risky" for developed economies.




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Trump to meet with executives from Waffle House, Wynn, Toyota, others to discuss reopening economy

Trump has been soliciting feedback from a wide range of executives on when and how to reopen businesses that have shuttered their doors amid the coronavirus pandemic.




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Powell says the economy will likely need more support from the Fed for the recovery to be 'robust'

Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the coronavirus crisis.




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Plunge in health-care spending a big reason US economy sank in first quarter

The coronavirus crisis actually caused consumer health-care spending to plunge 18% in Q1.




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Test, trace, isolate: Governments need to do these three things before reopening economies, expert warns

A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second surge in coronavirus infections.




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US services sector posts biggest contraction since 2009 as coronavirus halts economic activity

The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought economic activity in the country to a near-screeching halt.




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Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter

"More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC.




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NY Gov. Cuomo says he won't sacrifice human lives to reopen the economy: The argument is 'absurd'

"This is not a situation where you can go to the American people and say, 'How many lives are you willing to lose to reopen the economy?' We don't want to lose any lives," Cuomo said.




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5 things to know before the stock market opens Friday

Stock futures rise as traders look past the jobs collapse and take comfort in new promises from U.S. and China trade negotiators.




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Will sanctions be enough to stop Putin?

Adam Ereli, Vice Chairman, Washington D.C. at Mercury, explains why he isn't very optimistic about diplomatic solutions in the Russia-Ukraine standoff.




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Is GM doing enough damage control?

James Albertine, Vice President, Automotive at Stifel Equity Research, discusses CEO Mary Barra's efforts to change how GM handles recalls.




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MH370 was not hijacked: Ribbeck Law Chartered

Monica Kelly, Partner at Ribbeck Law Chartered, explains the firm's filing of a court petition against Malaysia Airlines and Boeing for the disappearance of the former's flight 370.




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We call this decade 'the age of delivery': Domino's CEO

Don Meij , CEO Of Domino's Pizza Enterprises gives an update on the pizza business during the international pandemic, and how Domino's is keeping up with demand.




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Singapore minister says safeguards in migrant dormitories 'not sufficient' during coronavirus outbreak

Singapore learned from the coronavirus pandemic that its migrant workers' dormitories need redesigning to prevent future outbreaks, says Lawrence Wong, second minister for finance, who is also co-chair of the country's Covid-19 task force.




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The risk for another US-China trade war is increasing: Strategist

Mitul Kotecha of TD Securities tells CNBC's Squawk Box Asia that the rising tensions between U.S. and China over COVID-19 could make it hard to uphold the Phase One trade deal, risking another trade war.




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Singapore is not yet halfway through its coronavirus outbreak, says minister

Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry.




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Remdesivir will not be the main driver of Gilead's revenue: Bernstein

Ronny Gal of Sanford C. Bernstein says he thinks remdesivir will not be the most significant revenue contributor for Gilead Sciences over time. He also explains his rationale for raising the company's price target to $75 from $72.




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Markets have priced in bad economic data, but not trade tensions: Strategist

Markets are unlikely to react to bad economic data in the second quarter, says Brian Belski of BMO Capital Markets, adding that any volatility seen near-term will be from a resurgence in U.S.-China trade tensions.




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April job losses will be three times those from the GFC: Economist

Gregory Daco of Oxford Economics says he expects the U.S. unemployment rate to go up to 17% in April, reflecting a loss in income that will weigh on consumer spending and subsequent economic recovery.




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Australian economy is starting its recovery phase, fiscal policy will influence it the most: NAB

Australia has started plans on re-opening its economy after a period of social distancing. Ivan Colhoun of the National Australian Bank suggests looking to fiscal stimulus to cushion the hit to their economy, and to keep an eye on how lower immigration may slow the economy in the long term.




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Medical supplies provided a boost for Chinese exports: Economist

Jian Chang of Barclays Asia Pacific says medical supplies are a key factor driving the increase in China's export numbers. Jian Chang also explores the worsening U.S.-China relationship in recent weeks amid the coronavirus crisis, with the trade agreement being a key focal point.




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Cars could go completely driverless 'very soon,' says CEO of Chinese autonomous driving tech start-up

Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles.




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5 things to know before the stock market opens Thursday

Dow futures drop Thursday after another avalanche of weekly jobless claims and a crush of earnings.




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Elon Musk's lavish LA mansions appear to be listed for sale days after billionaire pledged to 'own no house'

The homes have a combined value of $39.5 million.




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Ferrari is now worth more than General Motors and Ford

Ferrari's market value surged to $30 billion Monday morning, more than the value of General Motors or Ford Motor.