pen Plunge in health-care spending a big reason US economy sank in first quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 22:44:52 GMT The coronavirus crisis actually caused consumer health-care spending to plunge 18% in Q1. Full Article
pen US consumer spending plunges 7.5% in March, reflecting virus By www.cnbc.com Published On :: Thu, 30 Apr 2020 14:25:56 GMT U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. Full Article
pen Test, trace, isolate: Governments need to do these three things before reopening economies, expert warns By www.cnbc.com Published On :: Tue, 05 May 2020 12:44:07 GMT A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second surge in coronavirus infections. Full Article
pen NY Gov. Cuomo says he won't sacrifice human lives to reopen the economy: The argument is 'absurd' By www.cnbc.com Published On :: Thu, 07 May 2020 19:36:43 GMT "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. Full Article
pen 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
pen Spain reports uptick in daily coronavirus deaths; Australia plans reopening in 3 stages By www.cnbc.com Published On :: Fri, 08 May 2020 11:51:28 GMT Spain saw 229 new deaths related to Covid-19, up from 213 the day before. Full Article
pen 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
pen 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
pen San Diego mayor: Compliance with new beach rules bodes well for state business reopening By www.cnbc.com Published On :: Fri, 08 May 2020 20:07:48 GMT "San Diegans, just like others in California, do not want to give back the tremendous gains that we've made, the sacrifices that we've made over these last six weeks," Mayor Kevin Faulconer said. Full Article
pen 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
pen 5 things to know before the stock market opens Thursday By www.cnbc.com Published On :: Thu, 30 Apr 2020 12:55:47 GMT Dow futures drop Thursday after another avalanche of weekly jobless claims and a crush of earnings. Full Article
pen Mercedes-Benz reopened an Alabama auto plant. Here's how it happened By www.cnbc.com Published On :: Thu, 30 Apr 2020 15:05:56 GMT Daimler, which owns Mercedes-Benz, says it took "robust and best practice safety measures" to ensure that the reopening of the plant was safe for its 4,200 workers. Full Article
pen Tesla CEO Elon Musk's coronavirus rant highlights just one of many hurdles automakers face in reopening plants By www.cnbc.com Published On :: Sat, 02 May 2020 14:01:01 GMT In reopening plants, automakers face worker safety issues and must abide by local mandates, which Tesla CEO Elon Musk highlighted earlier this week. Then there are more complex problems. Full Article
pen 5 things to know before the stock market opens Wednesday By www.cnbc.com Published On :: Wed, 06 May 2020 13:54:09 GMT Dow futures trimmed earlier gains as U.S. oil prices turned lower after a five-session winning streak. Full Article
pen Michigan governor to allow state's auto manufacturing plants to reopen next week By www.cnbc.com Published On :: Thu, 07 May 2020 22:32:34 GMT 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. Full Article
pen Mark Cuban: Texas reopening 'more show than go,' small business needs more help to do it safely By www.cnbc.com Published On :: Fri, 01 May 2020 19:41:31 GMT "There's all these downstream issues that really haven't been addressed yet," the Dallas Mavericks owner and "Shark Tank" investor told CNBC on Friday. Full Article
pen Here's why restaurants reopening could be good news for summer jobs By www.cnbc.com Published On :: Fri, 08 May 2020 20:03:20 GMT Prior to the pandemic, a historically tight labor market was pushing employers to get creative to find and keep talent. Now, it's enhanced unemployment benefits that are causing a challenge. Full Article
pen 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
pen 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
pen 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
pen Here's what happened to the stock market on Wednesday By www.cnbc.com Published On :: Wed, 06 May 2020 21:36:06 GMT The Dow and S&P 500 closed lower on Wednesday as investors weighed the potential of the U.S. economy reopening amid more dismal employment data. Full Article
pen Wall Street is too optimistic as economies start reopening, Stephen Roach warns By www.cnbc.com Published On :: Thu, 07 May 2020 09:51:20 GMT One of the world's leading authorities on Asia is worried Wall Street is miscalculating China's efforts to reopen its economy. Full Article
pen 'Bubble' stocks like Beyond Meat and Peloton were supposed to blow up, but the opposite happened By www.cnbc.com Published On :: Fri, 08 May 2020 11:37:07 GMT Bubble-like tech stocks remain among the biggest winners this year, and their strength pushed the Nasdaq Composite into positive territory on Thursday. Full Article
pen Here's what happened to the stock market on Thursday By www.cnbc.com Published On :: Thu, 07 May 2020 20:47:04 GMT The tech-heavy Nasdaq clawed back all of its 2020 losses as tech shares added to their recent gains. Full Article
pen Fed's Harker warns about reopening the economy too quickly By www.cnbc.com Published On :: Thu, 07 May 2020 22:32:05 GMT "Not only would this be a health catastrophe, but it would reverse the recovery as well," the central bank official said in a speech. Full Article
pen 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
pen 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
pen 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
pen 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
pen Circuit breakers suspended in China By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Eunice Yoon reports Chinese regulators have suspended market circuit breakers, according to the Shanghai Stock Exchange. Full Article
pen 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
pen When will restaurants and bars reopen? Here's what experts are saying By www.cnbc.com Published On :: Fri, 08 May 2020 21:17:02 GMT The outlook for U.S. restaurants in the near term is bleak, dominated by massive unemployment and closures, but Asia may provide a path forward. Full Article
pen 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
pen Penn National's investment in Barstool Sports is 'going to be worth a ton,' Ron Baron says By www.cnbc.com Published On :: Tue, 04 Feb 2020 17:05:00 GMT Billionaire investor Ron Baron told CNBC's "Squawk Box" why he thinks Penn National's investment in Barstool Sports will be a success. Full Article
pen '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
pen Here's what would happen if coronavirus forces the NYSE to close its trading floor By www.cnbc.com Published On :: Fri, 13 Mar 2020 15:47:56 GMT The New York Stock Exchange is prepared for the possibility that someone working on its trading floor may contract coronavirus. Full Article
pen Stock rally continues beneath the surface on investors' hopes for reopenings and testing By www.cnbc.com Published On :: Tue, 28 Apr 2020 21:02:33 GMT Stocks were down slightly on Tuesday, but beneath the surface lies the continuation of a powerful rally. Full Article
pen Market's comeback hinges on the economy reopening without major setbacks By www.cnbc.com Published On :: Fri, 01 May 2020 12:43:45 GMT The old saw, 'sell in May and go away' might not apply this year if the U.S. economy reopens smoothly. Full Article
pen 5 things to know before the stock market opens Tuesday By www.cnbc.com Published On :: Tue, 03 Mar 2020 15:18:49 GMT 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. Full Article
pen 5 things to know before the stock market opens Friday By www.cnbc.com Published On :: Fri, 01 May 2020 12:29:15 GMT Dow futures drop Friday after President Trump threatened new tariffs on China over the coronavirus outbreak. Full Article
pen 5 things to know before the stock market opens Monday By www.cnbc.com Published On :: Mon, 04 May 2020 12:32:55 GMT Dow futures drop Monday as U.S.-China tensions escalate over the coronavirus. Airline stocks fell after Warren Buffett's Berkshire Hathaway sold all its stakes in United, American, Southwest and Delta. Full Article
pen Here's what happened to the stock market on Monday By www.cnbc.com Published On :: Mon, 04 May 2020 21:58:05 GMT The momentum in the biggest U.S. technology shares supported the broader market. Full Article
pen The Week Ahead: Disney reopens Shanghai park By www.cnbc.com Published On :: Fri, 08 May 2020 20:52:44 GMT CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories. Full Article
pen States are reopening, but is it safe or smart? By www.cnbc.com Published On :: Fri, 08 May 2020 23:37:52 GMT Cameron Wolfe, an infectious disease specialist at Duke University Medical School, weighs in on states reopening while the coronavirus pandemic is still taking lives. Full Article
pen 'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response By www.cnbc.com Published On :: Tue, 05 May 2020 18:43:02 GMT Amazon will invest heavily in Covid-19 testing for its employees. Full Article
pen DuPont doubles cost-savings target, slashes capital expenses By www.cnbc.com Published On :: Tue, 05 May 2020 12:03:38 GMT Industrial materials maker DuPont on Tuesday slashed its capital expenditure by about $500 million and raised its annual cost-savings target to counter global trade uncertainties brought on by the coronavirus outbreak. Full Article
pen No exact playbook on how to reopen economies, doctor says By www.cnbc.com Published On :: Tue, 05 May 2020 10:05:28 GMT Peter Drobac, director of the University of Oxford's Skoll Centre for Social Entrepreneurship, discusses Europe's handling of the coronavirus crisis. Full Article
pen Apple opens up iOS beta to public By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Dominic Chu and Manhattan Venture Partners Chief Economist Max Wolff discuss why Apple is giving the public access to a test version of its iOS 8.3. Full Article
pen Opinion: Hollywood couldn't script a plotline like what's happening in oil right now By www.cnbc.com Published On :: Tue, 07 Apr 2020 15:20:07 GMT Keeping up with all the recent twists and turns in the oil market is difficult. Here's where things stand as what could be a pivotal week gets underway. Full Article
pen One of Main Street's biggest fears in economic reopening — new regulations By www.cnbc.com Published On :: Tue, 05 May 2020 12:50:57 GMT As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulations will be a net negative for post-Covid-19 Main Street. Full Article