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Stella Artois Joins Forces with Water.org and Co-Founders Matt Damon and Gary White to Call on Consumers to Leave a Mark and Help End the Global Water Crisis - Stella Artois partners with Water.org

Stella Artois joins forces with Water.org and Co-Founders Matt Damon and Gary White to call on consumers to leave a mark and help end the global water crisis.




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Kamala Harris, Bernie Sanders and Ed Markey want to give Americans $2,000 a month during coronavirus crisis

The coronavirus relief bill from Harris, Sanders and Markey would give direct payments to people making up to $120,000, with $2,000 per child.




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Here's how summer camps are preparing during the Covid-19 crisis

Jay Jacobs, executive director of the Timber Lake Family of Camps, joins "Squawk Alley" to discuss how he is preparing to keep summer campers safe amid the coronavirus pandemic.




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Melinda Gates on US response to pandemic caregiving crisis: 'I'm disappointed in what I've been seeing'

Billionaire philanthropist Melinda Gates shares her thoughts about the U.S. response to coronavirus and why solving the current caregiving crisis is crucial.




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Hollywood's small businesses in crisis as coronavirus shuts everything down

Of the 5,900 businesses in Hollywood, 99.5% have less than 500 employees, and over 90% have fewer than 10 employees. Many are being forced to layoff or furlough employees as the coronavirus pandemic drags on.




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US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis

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




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US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank

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.




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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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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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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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How the Fed's fighting to keep Covid-19 from causing an extended financial crisis

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.




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Why ordering from Amazon has been so unpredictable during the coronavirus crisis

Amazon has been combating coronavirus-related issues on multiple fronts for the past several months.




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Afraid to buy into this market? A key 2008 financial-crisis moment isn't reassuring

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.




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Leon Cooperman says the coronavirus crisis will change capitalism forever and taxes have to go up

The Omega Family Office chairman and CEO said on CNBC's "Squawk Box" that taxes will need to go up regardless of who wins the upcoming presidential election.




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Barrick CEO says there's rising demand for gold as a 'self-funded insurance policy' in a global crisis

Barrick Gold CEO Mark Bristow joins Squawk Box after the company reports earnings, to speak about the spike in demand for gold during the coronavirus crisis.




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BlackRock's Fink: When we exit this crisis, the world will be different

CNBC's Sara Eisen reports breaking news on BlackRock Chairman Larry Fink's annual letter.




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Valuations only part of the picture in coronavirus crisis, strategist says

John Bilton, global head of multi-asset strategy at J.P. Morgan Asset Management, discusses the impact of the Covid-19 pandemic on stock valuations.




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EU cannot leave any European citizen behind in this crisis, Spanish foreign minister says

Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses the EU's response to the coronavirus crisis.




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Working to ensure we emerge stronger from coronavirus crisis, Solvay CEO says

Ilham Kadri, CEO of Solvay, discusses the chemicals company's first-quarter earnings.




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The coronavirus crisis is 'accelerating' the need for economic transformation: Citi

Miguel Azevedo of Citi discusses the coronavirus pandemic's impact on Middle Eastern nations, mergers and acquisitions, and economic activity in the Muslim holy month of Ramadan.




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Andrew Forrest on using business power to fight Australia's coronavirus crisis

With ten million test kits now secured by the Mindaroo Foundation and its business partners, Australia will have the "abundant capacity" to test widely for infections to "end the virus, not the economy," says Andrew Forrest, the foundation's co-founder and chairman, and former CEO of Fortescue Metals Group.




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North Asian tech stocks are attractive despite coronavirus crisis: State Street

The coronavirus has been a massive blow for markets across the globe. But Daniel Gerard of State Street says tech stocks in North Asia still offer plenty of opportunities for investors.




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The coronavirus pandemic is a 'crisis of trust' for consumers: Majid Al Futtaim CEO

It's going to be a "very difficult" period for the Middle East given coronavirus pandemic, but this could be a "golden opportunity" for economies to implement reforms and become more resilient, says Alain Bejjani, CEO of Majid Al Futtaim.




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Egypt has been 'pushing forward' structural reforms amid virus crisis, says minister

Egypt has been implementing structural reforms in an "expedited fashion" and widening social safety nets to people who are vulnerable in light of the coronavirus outbreak, says Rania Al-Mashat, Egypt's minister of international cooperation.




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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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Op-ed: Why financial literacy matters in an economic crisis

A new survey finds nearly 9 in 10 Americans say the COVID-19 crisis is causing stress on their personal finances, highlighting the importance of financial literacy.




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Op-ed: How the US can use the Covid-19 crisis to reimagine the energy world, save jobs and stabilize markets

The U.S. role as the world's leading oil and gas producer doesn't feel as empowering as it recently did, with oil prices heading into negative territory for the first time ever this week.




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Op-ed: For Big Oil, this crisis will be different, and it may be irreversible

Oil and gas companies delayed in transitioning from fossil fuels and lost investors. The oil price crash caused by the coronavirus threatens to make this shift permanent.




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Op-ed: The market comeback seems callous, but investors are betting on a bright post-crisis future

Stocks have risen swiftly as investors look beyond the coronavirus pandemic, but millions of Americans continue to suffer unemployment and sickness.




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Advisors urge investors to avoid these mistakes with their 401(k) during coronavirus crisis

There are some key things that retirement savers should steer clear of doing with their 401(k), despite uncertainty over exactly when the stock market will recoup its losses and head higher.




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Hilton CEO on navigating coronavirus pandemic as crisis hits hotel industry

Chris Nassetta, president and CEO of Hilton, joins "Squawk Box" to discuss company earnings, navigating the coronavirus crisis and more.




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Young professionals risk financial burnout as they weather their first big crisis

Many Gen Z and millennial professionals have one question: Will I still have a job? Worrying about day-to-day expenses puts them at risk for financial burnout. And that could mean they neglect their long-term plans, particularly retirement savings.




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'Concerned and confused' about the future, young adults try to navigate through the coronavirus crisis

From a drop in income to the inability to pay bills, young adults are facing obstacles they weren't necessarily expecting.





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Could Microsoft’s climate crisis ‘moonshot’ plan really work?

The tech giant’s pledge to go carbon negative by 2030 leans heavily on nascent technology such as machines that suck carbon out of the air

Microsoft drew widespread praise in January this year after Brad Smith, the company’s president, announced their climate “moonshot”.

While other corporate giants, such as Amazon and Walmart, were pledging to go carbon neutral, Microsoft vowed to go carbon negative by 2030, meaning they would be removing more carbon from the atmosphere than they produced.

It will cost them money, but it will allow the technologies to come online and for the next company to follow their footsteps

It’s extremely hard to lead if there’s no one there to follow

Continue reading...




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Banks well positioned to withstand coronavirus crisis: WaFD Bank CEO

Brent Beardall, WaFd Bank CEO, joins 'Power Lunch' to discuss the state of the Paycheck Protection Program and how many PPP loans the bank has processed.




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April jobs report can shed light on how long the unemployment crisis could last, economist says

The April jobs report is expected to show the worst unemployment rate since the Great Recession. Michelle Girard, chief U.S. economist at NatWest Markets, and Beth Akers, senior fellow at the Manhattan Institute, joins "Squawk Box" to discuss what they expect.




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The Fed's fight against Covid-19 and another financial crisis

As the novel coronavirus began to take hold on the United States, the Federal Reserve made a number of quick policy actions. The Fed slashed rates to nearly zero, announced a slew of asset purchases, and more, in an effort to stave of economic devastation as businesses shuttered and millions of Americans lost their jobs. Here's what the Federal Reserve has done to preserve a financial system rocked by a global pandemic.




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Risk of 'dole queue' future for young people after Covid-19 crisis

UK’s 800,000 school leavers and graduates need jobs and education offers amid turmoil, says thinktank

Youth unemployment in Britain will reach the 1 million mark over the coming year unless the government provides job guarantees or incentives for school leavers and graduates to stay on in education, a thinktank warns.

The Resolution Foundation (RF) said that in the absence of action an extra 600,000 people under the age of 25 would swell dole queues, with a risk of long-term damage to their career and pay prospects.

Continue reading...




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I made millions out of the last debt crisis. Now the wealthy stand to win again | Gary Stevenson

We urgently need a fairer tax system so that rich people like me help solve the fallout from coronavirus, not just profit from it


• Gary Stevenson is an economist and former interest rate trader

I made my first million the year Greece went under. I was 24 years old at the time.

I’d attended a presentation given by one of Citibank’s senior economists, in which he explained that government debts of the world’s major economies had grown to dangerous levels, and were continuing to grow. He warned that markets could stop lending to some of these governments, forcing a devastating round of austerity on to already battered economies.

If we repeat 2008, buying a house with one’s own wages will be a thing of the past

Related: Don't expect a snapback for the UK economy after lockdown is lifted | Larry Elliott

Continue reading...




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Education Crisis: From Pre-K to Higher Ed, Students Face Unequal Access During Coronavirus Shutdown

We look at the impact of the pandemic on schools, universities, students, parents, teachers and professors — and who is at the table to shape what happens next. "We now have an economic crisis on top of the public health crisis, and the ways that we're choosing to educate children is simply unequal and is going to lead to an educational crisis,” says education scholar and Cornell University professor Noliwe Rooks, author of "Cutting School: Privatization, Segregation, and the End of Public Education."




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Macron announces extra aid for French arts sector battered by Covid-19 crisis

French President Emmanuel Macron said he was looking into more financial aid for the country's arts and culture sectors that have been hit hard by the coronavirus pandemic. 




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After the methods crisis, the theory crisis

This thread started by Ekaterina Damer has prompted many recommendations from psychologists on twitter. Can anyone recommend an (ideally brief) introductory paper or post or book explaining what makes for a good theory? For example, how to construct a good psychological theory, what are key things to consider?@psforscher @lakens @talyarkoni @chrisdc77 @tomstafford @kurtjgray — Ekaterina … Continue reading "After the methods crisis, the theory crisis"





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Crisis Management

I mean, maybe




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We must act quickly to avoid a pandemic-related mental health crisis

We are already seeing the pandemic's effects on mental health, and we need to act urgently to avoid a full-blown crisis, says Sam Howells  




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Coronavirus: UK warned to avoid climate change crisis

UK government advisors say post-pandemic recovery funds should go to firms reducing carbon emissions.




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Coronavirus: Boris Johnson 'bitterly regrets' care home crisis

The PM says government is "working hard" to tackle it - and sets 200,000 test aim by end of month.




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Coronavirus: Private renters need more help to 'ride out crisis'

Almost half a million people are at "high risk" of homelessness, local councils warn government.




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Climate change: Could the coronavirus crisis spur a green recovery?

Some governments want to channel their economic recovery plans into low-carbon industries.