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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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Oil prices rise on demand prospects as lockdowns start to ease

Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel demand will begin to pick up as some U.S. states and nations in Europe and Asia start to ease coronavirus lockdown measures.




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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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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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Target in talks to boost its same-day delivery ambitions by buying pieces of startup Deliv

The aspect of the technology that interests Target is its ability to pool multiple orders and route them to a similar place, NBC News reports.




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This chart shows how coronavirus jobs losses dwarf those in prior recessions

Jobs losses related to the coronavirus dwarf employment declines seen during prior U.S. recessions.




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Wealthy New Yorkers are fleeing to the suburbs, driving up prices

CNBC's Robert Frank takes a look at how the luxury real estate market is changing during the coronavirus pandemic.




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Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store

Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow.




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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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Millions can't access unemployment benefits so actual job losses are likely greater than data shows

The number of Americans who have lost their jobs during the coronavirus pandemic could be even bleaker than official government data suggests.




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Pending home sales tank nearly 21% in March, but Realtors claim prices will hold up

Home sales took a deep dive in March as the coronavirus pandemic shut down much of the economy, and homebuyers and sellers pulled out of the normally busy spring market.




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Over 50% of department stores in malls predicted to close by 2021, real estate services firm says

Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors.




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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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Sorrento Therapeutics and Mount Sinai join forces to develop Covid-19 antibody shield

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.




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Tencent to expand services: Pro

Ricky Lai, Research Analyst at Guotai Junan International holdings, expects the internet firm to expand services in order to stimulate user growth, as it combats the PBOC's tightening of internet finance.




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Oil prices to trade above 50 dollars again next year: ING

Warren Patterson of ING explains why he sees a rebound in oil prices next year.




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Even if China sells US treasuries, demand from other sources will keep the dollar elevated: TD Securities

According to Mark Mccormick of TD Securities, there lacks a realistic alternative in the currencies markets, so even if China sells U.S. treasuries, demand from other sources will come in and keep the U.S. dollar elevated for the next couple of months.




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These experts think Tesla's in a better position than other US automakers to survive the recession

The coronavirus pandemic has crushed the global economy, and a recession is inevitable in the U.S. as the Federal Reserve warns the second quarter will be much worse than Q1. The auto industry has been hit particularly hard as car sales tank. But here is why some experts say that Tesla is better off than other U.S. automakers to get through this downturn.




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True or false family finances

What's true and what's not true when it comes to your legal, financial responsibilities to family.




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Payroll processor ADP CEO says hiring data indicate the jobs market has begun to 'stabilize'

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.




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The 'beginning of the end' of the health-care recession is 'finally arising,' Jim Cramer says

"[A]s the country gradually reopens, there are some industries that should do much, much better," the "Mad Money" host said.




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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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The $5K fridge at CES

CNBC's Jeniece Pettitt gets the scoop on Samsung's Family Hub Refrigerator at CES with Justin Reinke, Samsung's Product Director.




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CES will propel gains for tech investors, historical data shows

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.




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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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Analyst sees the 'best of times and the worst of times' for video streaming services

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.




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Here's what would happen if coronavirus forces the NYSE to close its trading floor

The New York Stock Exchange is prepared for the possibility that someone working on its trading floor may contract coronavirus.




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Buffett cautions on 'extreme consequences' from the Fed's recent moves

Buffett praised the Fed for its actions to blunt the effects of the coronavirus but said he worries about the repercussions.




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Even if the Fed cuts rates to zero, market bear David Rosenberg predicts a recession is less than 12 months away

Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.




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Why some experts believe Tesla is better positioned to survive this recession than other US carmakers

The coronavirus pandemic has crushed the global economy, and a recession is inevitable in the U.S. as the Federal Reserve warns the second quarter will be much worse than Q1. The auto industry has been hit particularly hard as car sales tank. But here is why some experts say that Tesla is better off than other U.S. automakers to get through this downturn.




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The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success

Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns.




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Things could look worse for latest US recession: Former Fed special advisor

With the United States in a "very, very severe recession" given the coronavirus outbreak, the Fed will have to continue being a "lender of last resort" and use appropriate monetary policy to ensure sufficient liquidity in the economy, says Andrew Levin, professor of economics at Dartmouth College and a former special advisor to the Federal Open Market Committee (FOMC).




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Expect lockdown exit to be a long-drawn process, strategist says

Eli Lee from Bank of Singapore says that investors must realize that the speed of coming out of coronavirus lockdowns will be nowhere near the pace at which we entered it.




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Humanitarian spaces for refugees may shrink amid virus crisis: ICRC president

We are "worried" that humanitarian spaces for refugees may shrink if coronavirus infections within refugee camps rise, says Peter Maurer, president of the International Committee of the Red Cross. He says he also expects ICRC's funding to become "very problematic" with donor countries increasing spending on their own economies.




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Alphabet CEO lays out how offices will slowly reopen starting in June with internal memo

The first employees to return will be those who need "access to special equipment" and whose jobs require them them to be in the office, Pichai stated.




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Coronavirus forces Russia to hold slimmed down Victory Day in blow to Putin

Russia marks 75 years since the Soviet victory over Nazi Germany in World War Two on Saturday.




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Total's net profit falls 35% in the first quarter as oil prices slide

Total reported that first-quarter net profit came in at $1.8 billion, down from $2.8 billion over the same period last year.




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The way out of the recession depends on the level of consumer fear, economists say

Never before has the U.S. fallen into a recession led by the services sector, so there is no real road map for the recovery.




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It's not all about impeachment. These bills could impact your finances

Washington can feel pretty gridlocked these days. Still, there's a number of bills underway with bipartisan support that could impact your wallet.




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New client best interest rule raises standards but 'muddies the water' on advisor, broker differences

Regulation Best Interest (Reg BI), the new rules passed by the SEC in September, may have raised the standard of care required of brokers making investment recommendations to their clients, but it didn't clear up the confusion about the differences between registered investment advisors and brokers.




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Advisors hire next-generation talent to thrive. Here's how some practices have already done it

As 40% of advisors plan to retire within the next 10 years, young financial advisors can help fill the gap. Here's how established advisory practices are integrating younger generations into their teams.




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Op-Ed: It's not time to panic, it's time to plan your finances during coronavirus pandemic

Proactive planning can aid you in achieving short- and long-term financial needs and goals, especially in times of hardship like the current coronavirus pandemic.




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Home Office faces legal cases over Zimbabwean asylum seekers

Legality of allowing Harare officials to interview those awaiting removal questioned

The Home Office faces a series of legal challenges over its decision to allow Zimbabwean government officials to interview people from the country who are seeking asylum in the UK.

The government was criticised earlier this year for working with the Zimbabwean state to accelerate the removal of asylum seekers after Robert Mugabe was forced from power, despite continuing human rights abuses in the country.

Related: Home Office criticised for accelerating removals to Zimbabwe

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Zimbabwe faces malaria outbreak as it locks down to counter coronavirus

A rise in cases of the mosquito-borne disease poses another layer of threat in a country where the health system is already struggling

At least 131 people have died from malaria in Zimbabwe in a new outbreak, adding pressure to a country already struggling to deal with Covid-19.

The fatalities occurred in 201 outbreaks recorded across the country, according to the Ministry of Health. Meanwhile Zimbabwe’s lockdown has been extended by two weeks to prevent the spread of coronavirus.

Related: 'We will starve': Zimbabwe's poor full of misgiving over Covid-19 lockdown

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'A blessed initiative': secular Israel rejoices over Sabbath buses

Minibuses that run on Friday evenings and Saturdays buck state’s religious restrictions

Tel Aviv is one of Israel’s most dynamic cities, but the latest local craze could appear fairly humdrum to outsiders – a bus service that runs at weekends.

Packed 19-seat minibuses fill up fast with passengers, who excitedly gossip about the new routes. People patiently queue at bus stops, knowing they might have to wait for two or three buses to pass before there is a space. Still, they are upbeat. “It’s a pleasure,” said Ben Uzan, a 30-year-old electronic engineer. “It’s a blessed initiative.”

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Xbox Series X console features 12 teraflops graphics processor

Microsoft confirms key specs of games console plus new ‘Smart Delivery’ feature allowing one-size-fits-all game purchases

Microsoft has confirmed that its next games console, the Xbox Series X, will feature a 12 teraflops graphics processor, eight times more powerful than the Xbox One graphics chipset.

The announcement, made by the Xbox chief, Phil Spencer, via Microsoft’s Wire news site, confirmed recent rumours about the machine, which is launching this winter.

Related: Follow your Dreams: how the future of playing video games is making them

Related: Xbox chief: 'We discussed whether we should even do another console'

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NYC brokers expect real estate prices to fall up to 20%

Many real estate deals were renegotiated or cancelled when the world was placed on hold due to the coronavirus pandemic. CNBC's Robert Frank reports the numbers.




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Eibar players say they fear 'terrible consequences' of La Liga resumption

  • Team issues joint statement before planned return to training
  • La Liga: ‘Playing football safer than going to supermarket’

Eibar have become the first La Liga side to publicly express concerns about the planned return to training, and have called for “responsibility” from league officials.

Clubs in Spain’s top two division are due to start individual training this week after testing for Covid-19 with matches behind closed doors planned for June. But in a strongly worded joint statement, the Basque club have raised doubts about the plan.

Continue reading...




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Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth

Category Equity Scheme - Sectoral/ Thematic
NAV 19.04
Repurchase Price
Sale Price
Date 08-May-2020