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This wartime law gives Trump exceptional power over US economy

President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the president extraordinary powers over the U.S. economy, which supporters of the move say is necessary to contain the disease.




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5 things to know before the stock market opens Wednesday

Dow futures trimmed earlier gains as U.S. oil prices turned lower after a five-session winning streak.




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Michigan governor to allow state's auto manufacturing plants to reopen next week

Michigan Gov. Gretchen Whitmer will allow the state's auto manufacturing plants, most of which have been shuttered since March due to the coronavirus pandemic, to reopen beginning Monday.




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How Latino small business owners are keeping their businesses running during coronavirus

Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout.




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Clock ticking for small businesses squeezed out of government loans, now have a few months or less to survive, survey reveals

Only 13% of small businesses that applied for relief through the Paycheck Protection Program have received funding, according to the CNBC/SurveyMonkey Small Business Survey released Monday.




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Small business loans are not going proportionately to the hardest-hit areas, Fed study shows

States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found.




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This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic

April Coolidge used to work in real estate but now she makes more money driving a truck than she ever did selling houses.




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Wells Fargo will no longer accept applications for home equity lines of credit

Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers.




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Putting the economy back together again: What the future holds for Americans

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.




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BCG: 65% of investors more bearish on the economy than just a month ago

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.




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Emons: The stock rally appears to be driven by three types of economies

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.




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Bankrate: Americans are still grappling with the enormity of the economic crisis related to the virus pandemic

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.




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Wieting: There is some visibility that six months from now economic activity will be higher than it is now

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.




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Jablonski: There's a big difference between the economic outlook and what the markets are doing

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.




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Jefferies: Boeing may have to shore up about another $15 billion in capital at some point

Sheila Kahyaoglu of Jefferies discusses the biggest issues facing Boeing right now, with much of production still halted due to the coronavirus pandemic.




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Morganlander: Would be a buyer in the markets right now of higher quality companies

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.




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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

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.




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Emanuel: The market has tried to take bad economic news in stride

Julian Emanuel of BTIG discusses whether health data related to the virus pandemic has become the market's new economic data.




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Norwegian Cruise Line raises over $2 billion to withstand 'well over' a year without revenue

"When the transactions are completed, the additional liquidity alleviates management's concern about the Company's ability to continue as a going concern for the next 12 months," Norwegian said in a statement Wednesday.




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Wall Street is too optimistic as economies start reopening, Stephen Roach warns

One of the world's leading authorities on Asia is worried Wall Street is miscalculating China's efforts to reopen its economy.




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Fed's Harker warns about reopening the economy too quickly

"Not only would this be a health catastrophe, but it would reverse the recovery as well," the central bank official said in a speech.




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Can I Afford It? 2015 Chevy Equinox

Carol, who's 51, asks Suze if she can afford to spend $30,000 to buy a 2015 Chevrolet Equinox SUV.




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What Oprah knows for sure

In the series finale, Oprah Winfrey tells Suze she knew from the very first time she was on her show, that Suze was destined to do something special.




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Cramer's lightning round: 'I have no long case for GM'

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.




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'I think Reynolds is attractive' — Jim Cramer makes buy call on newly public consumer goods company

"I recommend putting on half your position here, and then wait and buy more if it pulls back below $30 after the earnings," the "Mad Money" host said.




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Emergent Biosolutions CEO on Trump's wishes to develop a vaccine by year end — 'Nobody can guarantee anything'

"We're here ... doing everything we can to make sure that a vaccine and treatments are available as soon as possible," CEO Robert Kramer said.




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'She had the vision' — Marc Benioff credits Rhode Island governor for inspiring Salesforce's contact tracing tools

Salesforce CEO Marc Benioff said it was Rhode Island Gov. Gina Raimondo's idea to couple contact tracing with coronavirus testing as the software maker sought to launch Work.com.




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Cramer's lightning round: 'I do not like the bank stocks'

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.




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Norwegian Cruise Line CEO: 'We expect to sail sometime in 2020'

Norwegian Cruise is working "shoulder-to-shoulder" with health officials to "develop an enhanced protocol" to relaunch cruise trips, CEO Frank Del Rio said.




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Jim Cramer on Moderna vaccine-sparked rally: 'Let's not get ahead of ourselves'

"This market does have a tendency to bounce between unbridled optimism and total despair — no middle ground," the "Mad Money" host said.




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5 things you don't know about your 401(k)

Investing in a 401(k) is vital for us to make sure we are set for the future but here are some things you may have not known about your 401(k). CNBC's Landon Dowdy zeros in on what you need to know.




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No 401(k)? No problem

If you don't have a 401(k) at work, there is no reason you can't save for retirement on your own. CNBC's Sharon Epperson talks about three ways to do it.




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North Korea claims H-bomb test successful

NBC's Bill Neely reports analyst in South Korea confirmed there was a test but it could take weeks or months to determine what exactly happened underground.




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All California voters will be able to vote by mail in November, Newsom says

California Gov. Gavin Newsom signed an executive order Friday allowing all registered voters in the state to receive a mail-in ballot for November's election.




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Plans to reopen US economy must 'talk about worker safety,' says AFL-CIO president

"If they don't feel safe, they're not going to go back to work,"AFL-CIO president Richard Trumka told CNBC.




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Paycheck Protection Program may have left minority business owners behind due to an implementation failure

The inspector general also found the SBA and Treasury Department issued requirements for loan forgiveness that do not align with law.




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Coronavirus fallout: Here are the 16 department stores Nordstrom is closing permanently

Nordstrom announced earlier this week it will be permanently closing 16 of its department stores, after assessing each state that it operates in and the hit it is taking because of the coronavirus pandemic.




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Bill Ackman looks to find another winner in restaurants, where his track record is perfect

Pershing Square made six previous investments in this industry and has never lost money on any of them.




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This defensive sector is market's best right now, and history suggests more gains are coming

Utilities is now the stock market's best-performing sector this year, as the coronavirus sends investors into a defensive position. History says gains can continue.




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Crude bear market: History says oil prices can fall another 10%

WTI crude and Brent crude are both near bear markets in 2020, with declines of roughly 17%. Trading history in the past decade suggests oil prices can fall by as much as 10% more.




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Cramer says Virgin Galactic rally will end badly: 'No one is going to Mars that I know of'

Cramer said he did not understand the market's enthusiasm for Virgin Galactic, which has more than tripled in the past three months.




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History says Super Tuesday is last thing stock market needs right now

In periods leading up to Super Tuesday primaries that span a dozen states, stocks tends to sell off. That's not good news for a market already being tested by the coronavirus.




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Ted Cruz, other senators, warn Saudis to stop using oil in 'economic warfare' against the US

Sen. Ted Cruz said a group of nine senators recently ripped into the Saudi ambassador to the United States in a conference call over its oil price war with Russia.




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'We need to start saving individual people,' not just stockholders, says pension fund CIO

The chief investment officer of one of the country's biggest public pension funds said the government response to the coronavirus should be focused on supporting unemployed workers.




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Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.




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Traders grapple to find the bottom as Dow enters bear market territory with S&P 500 not far behind

The S&P 500 is in bear market territory but it's difficult to predict a market bottom. Typical metrics do not apply in this very unusual situation.




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Market's comeback hinges on the economy reopening without major setbacks

The old saw, 'sell in May and go away' might not apply this year if the U.S. economy reopens smoothly.




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5 things to know before the stock market opens Tuesday

Stock futures, in another volatile overnight session, were pointing to losses at Tuesday's open on Wall Street after the Dow's 5% comeback Monday.




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'Frozen' companies are not calling Berkshire Hathaway for rescue investments, Charlie Munger says

Berkshire's phone has not been ringing with executives asking for rescue capital amid the coronavirus outbreak, Charlie Munger told The Wall Street Journal.




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Charlie Munger will not take questions at Berkshire Hathaway's annual meeting this year

Instead, it will be Greg Abel, Berkshire's vice chairman of non-insurance operations, taking previously submitted questions with Warren Buffett.