id Stocks making the biggest moves midday: Tesla, Uber, MGM Resorts & more By www.cnbc.com Published On :: Fri, 08 May 2020 17:16:30 GMT Check out the companies making headlines in midday trading on Friday. Full Article
id Consumer confidence plunges in April as millions lose jobs By www.cnbc.com Published On :: Tue, 28 Apr 2020 15:24:58 GMT The Conference Board said Tuesday that its confidence index tumbled to a reading of 86.9, the lowest level in nearly six years and down from 118.8 in March. Full Article
id The Fed may provide more details on the policy 'bazooka' it fired to help markets By www.cnbc.com Published On :: Tue, 28 Apr 2020 23:17:37 GMT The Fed is not expected to adjust rates but it could provide details on the unprecedented moves it has made to fight the virus impact. Full Article
id US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis By www.cnbc.com Published On :: Wed, 29 Apr 2020 13:49:31 GMT This marked the first negative GDP reading since the 1.1% decline in the first quarter of 2014 and the worst level since the 8.4% plunge in Q4 of 2008 during the worst of the financial crisis Full Article
id Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter By www.cnbc.com Published On :: Tue, 05 May 2020 22:07:16 GMT "More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC. Full Article
id NIH doesn't expect the coronavirus to rapidly mutate like the seasonal flu By www.cnbc.com Published On :: Thu, 07 May 2020 20:42:16 GMT "We don't think it will have this very rapid seasonal change that we have to deal with influenza," the head of the NIH tells Congress. Full Article
id California Gov. Gavin Newsom unveils health guidelines for retailers and manufacturers to reopen starting Friday By www.cnbc.com Published On :: Fri, 08 May 2020 01:09:46 GMT California Gov. Gavin Newsom announced on Thursday a list of health guidelines that retailers, manufacturers and warehouses must adopt to begin offering curbside pick-up as early as Friday. Full Article
id California identifies nail salons as source of coronavirus community spread, Gov. Newsom says By www.cnbc.com Published On :: Fri, 08 May 2020 15:21:23 GMT Unlike some other states that have announced reopenings, California nail salons won't be allowed to reopen until the state's phase 3. Full Article
id 5 things to know before the stock market opens Friday By www.cnbc.com Published On :: Fri, 08 May 2020 12:50:56 GMT Stock futures rise as traders look past the jobs collapse and take comfort in new promises from U.S. and China trade negotiators. Full Article
id Moderna CEO says supply of coronavirus vaccine will be limited, US will help decide who gets it first By www.cnbc.com Published On :: Fri, 08 May 2020 16:52:15 GMT "We will all be supply constrained for quite some time, meaning we won't be able to make as many product as will be required to vaccinate everyone on the planet," CEO Stephane Bancel said on CNBC's "Squawk Box." Full Article
id Sorrento Therapeutics and Mount Sinai join forces to develop Covid-19 antibody shield By www.cnbc.com Published On :: Fri, 08 May 2020 13:47:37 GMT Sorrento Therapeutics and Mount Sinai Health System in New York City have joined forces to develop an antibody cocktail they hope will shield against Covid-19 infection for up to two months. Full Article
id US lawmakers urge Mnuchin to crack down on airlines cutting worker hours after taking billions in coronavirus aid By www.cnbc.com Published On :: Fri, 08 May 2020 14:30:42 GMT Three Senate Democrats are urging Treasury Secretary Steven Mnuchin to crack down on airlines that are cutting employee hours, despite billions in federal coronavirus relief. Full Article
id It's critical we have cheap, rapid at-home testing for Covid-19, but that could take weeks or even months, experts say By www.cnbc.com Published On :: Fri, 08 May 2020 13:59:19 GMT Most experts agree that Covid-19 testing is vital to safely reopen the economy. But getting to scale presents challenges, they say. Full Article
id Vice President Mike Pence torched after jokingly asking to carry empty boxes at nursing home 'just for the camera' By www.cnbc.com Published On :: Fri, 08 May 2020 17:18:25 GMT Vice President Mike Pence got roasted after being caught by a live microphone jokingly offering to carry empty boxes "just for the camera" into a health-care facility treating coronavirus cases. Full Article
id Expect a US rate hike in mid-2015: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT David Joy, Chief Market Strategist at Ameriprise Financial, says Janet Yellen is being "too complacent" and expects the pace of the looming rate hike to be more aggressive. Full Article
id Did wrong timing sour King's trading debut? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Francis Gaskins, director of research at Equities.com, discusses why Candy Crush game maker, King Digital Entertainment, fell nearly 16 percent on its trading debut. Full Article
id Didi's core ride hailing business is profitable, says president By www.cnbc.com Published On :: Thu, 07 May 2020 02:32:43 GMT Roughly 60% to 70% of Didi Chuxing's business has bounced back from the coronavirus crisis in China, says Jean Liu, president of the mobile app-based transportation firm. Full Article
id China needs a growth target to guide its stimulus measures: Citi By www.cnbc.com Published On :: Thu, 07 May 2020 06:09:38 GMT China should still set a growth target this year for the authorities to design a "sensible" stimulus package, says Liu Li-gang, Citigroup's chief economist for China, who adds that the country's unemployment rate risks exceeding 10% without aggressive fiscal stimulus. Full Article
id Medical supplies provided a boost for Chinese exports: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 03:04:45 GMT 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. Full Article
id US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank By www.cnbc.com Published On :: Fri, 08 May 2020 04:05:41 GMT In contrast to the U.S., countries in North Asia and Australia had "very convincing containment" of the coronavirus crisis, making them more likely to achieve a "very sharp" economic rebound post-pandemic, says Deutsche Bank's Michael Spencer, chief economist and head of research for the Asia-Pacific. Full Article
id Tesla's Fremont plant will resume 'limited operations' on Friday By www.cnbc.com Published On :: Fri, 08 May 2020 12:25:46 GMT The plant will bring back around 30% of employees normally working on a shift. Full Article
id Small business confidence crashes, revealing more Main Street carnage may lie ahead By www.cnbc.com Published On :: Tue, 05 May 2020 03:26:40 GMT Main Street confidence hit a record low in the Q2 2020 CNBC Small Business Survey, with the coronavirus causing a majority of entrepreneurs to fear permanent changes, including bankruptcy. Full Article
id Answers to your biggest questions about US stimulus programs for Covid-19 relief By www.cnbc.com Published On :: Tue, 05 May 2020 21:13:34 GMT The $2.2 trillion CARES Act has provided several programs to help combat the widespread economic fallout of the coronavirus pandemic, but Americans are still confused. Senior Personal Finance Correspondent Sharon Epperson provides the answers. Full Article
id Klobuchar, Warren urge FTC to take more steps to help small businesses avoid coronavirus scams By www.cnbc.com Published On :: Wed, 06 May 2020 20:16:19 GMT Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus. Full Article
id 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
id 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
id 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
id 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
id 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
id Fed's James Bullard says the jobs report on Friday will be one of the worst ever By www.cnbc.com Published On :: Wed, 06 May 2020 14:38:20 GMT Bullard's comments came minutes before ADP reported that private payrolls shed more than 20 million jobs in April amid coronavirus shutdowns. Full Article
id Stock market live Friday: Record job losses, investors focused on reopening, Dow gains 450 By www.cnbc.com Published On :: Fri, 08 May 2020 20:37:36 GMT A conversation about the latest market-moving news, including the upcoming jobs report. Full Article
id Here's what happened to the stock market on Friday By www.cnbc.com Published On :: Fri, 08 May 2020 20:09:22 GMT Stocks rose sharply even after the ugliest monthly jobs report on record as investors bet the worst of the coronavirus and its impact on the economy has passed. Full Article
id Nucor CEO sticks by dividend, predicts steel price bottom in second quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 00:21:02 GMT "We are optimistic that we'll see the bottom in Q2 and move out of that as we enter the third and fourth quarters," Nucor CEO Full Article
id Clorox CEO boosts ad spend by $50 million as disinfectant demand surges amid coronaviurs pandemic By www.cnbc.com Published On :: Wed, 06 May 2020 20:21:37 GMT "We're investing in future capacities so that we're better equipped to meet the demand in future surges," Clorox CEO Benno Dorer said. Full Article
id Many restaurants would 'shut down completely' under Tennessee's reopening guidelines, Jim Cramer says By www.cnbc.com Published On :: Tue, 05 May 2020 22:57:31 GMT "These rules are safe and healthy for the customer, which is great, but there's simply no way most restaurants can possibly obey them without going right out of business," the "Mad Money" host said. Full Article
id Hacked? Identity stolen? Here's what to do next By www.cnbc.com Published On :: Thu, 07 Jun 2018 13:42:22 GMT CNBC's Kelli Grant outlines how you can keep your identity safe from theft or fraud and what you can do should your private information become compromised. Full Article
id The $5K fridge at CES By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:35:59 GMT CNBC's Jeniece Pettitt gets the scoop on Samsung's Family Hub Refrigerator at CES with Justin Reinke, Samsung's Product Director. Full Article
id David Bowie dies at age 69 By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Rock legend David Bowie, who changed the face of music, endured a long battle with cancer. Full Article
id Plans to reopen US economy must 'talk about worker safety,' says AFL-CIO president By www.cnbc.com Published On :: Fri, 08 May 2020 23:27:11 GMT "If they don't feel safe, they're not going to go back to work,"AFL-CIO president Richard Trumka told CNBC. Full Article
id State Department quietly begins reopening amid coronavirus pandemic By www.cnbc.com Published On :: Sat, 09 May 2020 01:35:42 GMT The plan, entitled "Diplomacy Strong," includes policies on travel, telework, face coverings, as well as social distancing requirements for common spaces such as cafeterias. Full Article
id Dividend payers are still 'winners in this market,' ETF analyst says. Here's why By www.cnbc.com Published On :: Sat, 09 May 2020 13:15:01 GMT As more and more S&P 500 companies cut or suspend their dividend payments, one issuer speaks to how his dividend-based exchange-traded fund is managing the shift. Full Article
id How the Fed's fighting to keep Covid-19 from causing an extended financial crisis By www.cnbc.com Published On :: Fri, 08 May 2020 19:24:40 GMT The U.S. Federal Reserve is trying to keep the coronavirus crisis from becoming an extended financial crisis. And the Fed's measures go beyond anything the central bank did during the Great Recession of 2009. Full Article
id Stocks' bullish momentum poised to continue in 2020, if history is any guide By www.cnbc.com Published On :: Tue, 31 Dec 2019 16:55:58 GMT Stocks are on pace to log their best year of gains since 2013, and if history serves as a guide, the bullish momentum should continue through the next 12 months. Full Article
id Afraid to buy into this market? A key 2008 financial-crisis moment isn't reassuring By www.cnbc.com Published On :: Thu, 09 Apr 2020 20:11:54 GMT It takes the market time to digest shocks. How investors reacted in months after the Lehman Brothers bankruptcy in 2008 offers a window onto why some remain reluctant to buy stocks. Full Article
id 'We need to start saving individual people,' not just stockholders, says pension fund CIO By www.cnbc.com Published On :: Wed, 15 Apr 2020 17:28:04 GMT 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. Full Article
id Analyst sees the 'best of times and the worst of times' for video streaming services By www.cnbc.com Published On :: Wed, 15 Apr 2020 18:20:37 GMT NBCUniversal's Peacock launches for Comcast subscribers on Wednesday. With more people staying at home streaming content, one analyst says the environment is primed for Peacock's rollout. Full Article
id Here is how Dow, S&P do in the six months ahead of a presidential election By www.cnbc.com Published On :: Fri, 08 May 2020 13:33:23 GMT As the coronavirus dominates the news, it's easy to forget that a presidential election is six months away. Since 1990, here is how stocks have done in election run-up periods. Full Article
id Fed surprises market with program to support corporate bonds amid coronavirus pandemic By www.cnbc.com Published On :: Mon, 23 Mar 2020 21:43:27 GMT Under a program called the Secondary Market Corporate Credit Facility, the Federal Reserve will buy corporate bond and exchange traded funds. Full Article
id For investors banking on dividends, the 'pain has just begun' By www.cnbc.com Published On :: Wed, 15 Apr 2020 12:23:47 GMT As companies deal with declining cash flow amid the coronavirus pandemic, they are likely to cut or even suspend dividends. Full Article
id Pandemic has companies dropping earnings guidance, and some say it should be nixed altogether By www.cnbc.com Published On :: Fri, 17 Apr 2020 12:56:01 GMT A growing number of companies has nixed earnings guidance amid the coronavirus pandemic, and some in the corporate world say they should be dropped permanently. Full Article