pr Impressed by PetroChina's earnings: Barclays By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Somshankar Sinha, Director, Asia ex-Japan Oil & Gas Research at Barclays, highlights the firm's lower capex spending as a key area to look out for in the year ahead. Full Article
pr Wall Street in a 'strange dynamic': Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Robert Pavlik, Chief Market Strategist at Banyan Partners, says recent losses on Wall Street was caused by a myriad of factors, which include more than Chinese weak data and Ukraine tensions. Full Article
pr Sanctions send soft signals to Russia: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Stephen Yates, CEO at DC International Advisory, says the sanctions that have slapped on Russia have not been hard-hitting at all. Full Article
pr 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
pr Microsoft's shift is a 'welcome change': Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Norman Young, Senior Equity Analyst at Morningstar, says Microsoft's release of the Office for iPad app reflects a strategy shift in the software company under its new chief executive officer, Satya Nadella. Full Article
pr World risks famines of 'biblical proportions' from pandemic, says UN By www.cnbc.com Published On :: Tue, 05 May 2020 05:20:33 GMT As many as 260 million people risk being on the brink of starvation as economies deteriorate and supply chains break down worldwide due to the coronavirus pandemic, says David Beasley, the United Nations World Food Programme's executive director. Full Article
pr Oil prices to trade above 50 dollars again next year: ING By www.cnbc.com Published On :: Wed, 06 May 2020 00:51:42 GMT Warren Patterson of ING explains why he sees a rebound in oil prices next year. Full Article
pr 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
pr Markets have priced in bad economic data, but not trade tensions: Strategist By www.cnbc.com Published On :: Thu, 07 May 2020 03:47:06 GMT 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. Full Article
pr April job losses will be three times those from the GFC: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 01:07:06 GMT 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. Full Article
pr 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
pr I propose 'shelter in place' approach to fight the coronavirus: Vickers Venture Partners Chairman By www.cnbc.com Published On :: Fri, 08 May 2020 04:50:29 GMT Finian Tan, Chairman of Vickers Venture Partners proposes a "shelter in place" approach to combat COVID-19, which involves asking those 50 years and above to stay at home without exception, while allowing the rest of the population to go back to business as usual, including opening of businesses and borders. Full Article
pr Feds clear General Motors in UAW union corruption probe By www.cnbc.com Published On :: Fri, 01 May 2020 21:27:24 GMT Federal prosecutors this week informed GM that it is not currently a target in a yearslong investigation into corruption of the United Auto Workers union. Full Article
pr Fiat Chrysler to restart US production in two weeks after coronavirus shutdowns lead to $1.8 billion quarterly loss By www.cnbc.com Published On :: Tue, 05 May 2020 14:59:36 GMT Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals. Full Article
pr Tesla reportedly halts car production at Chinese factory By www.cnbc.com Published On :: Thu, 07 May 2020 15:54:42 GMT It's unclear why Tesla halted its operations at the plant that's normally operated six days a week. But the move means that Tesla isn't making any cars worldwide. Full Article
pr This skincare company saw record sales in April even as coronavirus pandemic ravaged retail By www.cnbc.com Published On :: Sun, 03 May 2020 14:01:01 GMT The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot. Full Article
pr 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
pr Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program By www.cnbc.com Published On :: Tue, 05 May 2020 21:39:53 GMT The men are charged with fraudulently applying for more than $500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak. Full Article
pr Small business loans are not going proportionately to the hardest-hit areas, Fed study shows By www.cnbc.com Published On :: Wed, 06 May 2020 15:58:55 GMT States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a Fed study found. Full Article
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program By www.cnbc.com Published On :: Thu, 07 May 2020 19:26:39 GMT Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008. Full Article
pr Fed's Barkin doubts likelihood of negative rates even though the market is pricing them in By www.cnbc.com Published On :: Fri, 08 May 2020 14:03:51 GMT Traders on Thursday priced in a negative federal funds rate by December 2020, lasting at least to January 2022 Full Article
pr Web extra: Suze catches up with former producer By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Suze catches up with former Suze Orman Show field producer Colby Gaines, one of the producers behind hit shows "Pawn Stars" and "American Restoration." Full Article
pr What Oprah knows for sure By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT 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. Full Article
pr 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
pr Payroll processor ADP CEO says hiring data indicate the jobs market has begun to 'stabilize' By www.cnbc.com Published On :: Thu, 30 Apr 2020 01:24:12 GMT After weeks of record unemployment claims across the country, "we have seen a couple of indicators of some bottoming," ADP CEO Carlos Rodriguez told CNBC. Full Article
pr Estee Lauder CEO: 'Consumer finds a way to get the product they want,' as online sales grow double digits By www.cnbc.com Published On :: Fri, 01 May 2020 23:01:41 GMT "The consumer finds a way to get the product they want" and "found a way to buy our product online more than usual," Estee Lauder CEO Fabrizio Freda said. Full Article
pr 'It was suddenly Cyber Monday' — Etsy CEO says sales spiked 79% in April By www.cnbc.com Published On :: Thu, 07 May 2020 23:11:00 GMT "When the CDC changed its [face mask] guidelines ... we all of a sudden saw overwhelming amounts of demand come on to our site," Etsy CEO Josh Silverman told CNBC. Full Article
pr No 401(k)? No problem By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT 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. Full Article
pr Pfizer to outsource some drug production, focus on coronavirus vaccine By www.cnbc.com Published On :: Sat, 09 May 2020 00:52:59 GMT Pfizer said on Friday it is in talks to shift more of its medicine production to outside contractors as it prepares for large-scale production of an experimental vaccine to prevent Covid-19, should it prove safe and effective. Full Article
pr 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
pr House Democrats hope to vote on coronavirus bill next week as Republicans press pause By www.cnbc.com Published On :: Sat, 09 May 2020 00:14:16 GMT Democrats are pushing to pass their next coronavirus relief bill, but Republicans have less urgency as they grow wary of taxpayer spending. Full Article
pr Paycheck Protection Program may have left minority business owners behind due to an implementation failure By www.cnbc.com Published On :: Sat, 09 May 2020 13:33:12 GMT The inspector general also found the SBA and Treasury Department issued requirements for loan forgiveness that do not align with law. Full Article
pr Virus hits Trump's inner circle, unemployment rivals Great Depression: This week's recap and our best reads By www.cnbc.com Published On :: Sat, 09 May 2020 14:37:36 GMT The U.S. shed a record number of jobs in April, Trump's personal valet tests positive for virus: This weeks news recap and our best reads. Full Article
pr Why ordering from Amazon has been so unpredictable during the coronavirus crisis By www.cnbc.com Published On :: Sat, 09 May 2020 12:19:07 GMT Amazon has been combating coronavirus-related issues on multiple fronts for the past several months. Full Article
pr CES will propel gains for tech investors, historical data shows By www.cnbc.com Published On :: Fri, 10 Jan 2020 19:06:57 GMT The Consumer Electronics Show, which kicked off Tuesday, could produce more gains for the tech sector, according to hedge fund trading tool Kensho. Historical data shows the VanEck Vectors Semiconductors ETF logs an average gain of nearly 1% during the four-day span of CES. Full Article
pr Cramer praises Elon Musk for a 'magnificent' quarter, compares Tesla stock to Netflix and Amazon By www.cnbc.com Published On :: Thu, 30 Jan 2020 21:05:35 GMT CNBC's Jim Cramer said the rapid rise in Tesla shares reminds him of the stock trajectories of some of the most successful tech companies. Full Article
pr AT&T will likely be broken up and will move on from WarnerMedia, analyst Craig Moffett predicts By www.cnbc.com Published On :: Thu, 30 Jan 2020 22:05:27 GMT Craig Moffett said on CNBC's "Squawk Box" that AT&T will eventually separate its telecom business from its media business. Full Article
pr Crude bear market: History says oil prices can fall another 10% By www.cnbc.com Published On :: Tue, 04 Feb 2020 19:37:54 GMT 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. Full Article
pr El-Erian lifts his don't-buy-the-dip warning for pros, but says most investors should still wait By www.cnbc.com Published On :: Mon, 02 Mar 2020 16:35:09 GMT "If you are a long-term investor, I would wait," economist Mohamed El-Erian said. "If you're a short-term tactical investor, there's a lot of opportunities out there." Full Article
pr Mark Cuban, Leonardo DiCaprio, and ARod go 'all in' to fight hunger caused by coronavirus By www.cnbc.com Published On :: Wed, 15 Apr 2020 19:46:45 GMT The #AllInChallenge from Fanatics founder Michael Rubin has enlisted celebrities and sports stars including Leonardo DiCaprio, ARod and Mark Cuban to fight COVID-19 food insecurity. Full Article
pr 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
pr 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