tor NFL free agent deals at risk as team doctors can't evaluate players due to coronavirus By www.cnbc.com Published On :: Tue, 17 Mar 2020 21:49:00 GMT With in-person visits with free agents restricted due to the coronavirus outbreak, some NFL agents are wondering how a new deal will become official without team examinations. Full Article
tor Doctors and patients wonder if the NBA is getting special treatment with coronavirus tests By www.cnbc.com Published On :: Thu, 19 Mar 2020 23:23:02 GMT Sick patients are being turned away, unable to receive tests because they simply aren't available. In a stark contrast, the NBA said that as of Wednesday, at least eight teams had been tested for the COVID-19 coronavirus. Full Article
tor Nordstrom is preparing to reopen its stores. Here's what the retailer is changing By www.cnbc.com Published On :: Tue, 05 May 2020 17:55:40 GMT Nordstrom is preparing to reopen some of its department stores, following the lead of Macy's, offering a glimpse at how shopping will be different coming out of the coronavirus pandemic. Full Article
tor Gap plans to reopen 800 stores by the end of May By www.cnbc.com Published On :: Wed, 06 May 2020 19:02:38 GMT Gap Inc. is preparing to reopen 800 of its apparel shops by the end of May, as states such as Texas and South Carolina slowly begin to lift lockdown restrictions that were put into place due to the coronavirus pandemic. Full Article
tor Trade groups representing PepsiCo, Procter & Gamble and others want guidance on factories from Pence By www.cnbc.com Published On :: Thu, 07 May 2020 16:30:09 GMT Trade groups representing the country's biggest consumer companies, including PepsiCo, Procter & Gamble and Clorox, wrote a letter to Vice President Mike Pence on Thursday urging federal guidance on how to safely manage their factory workers as states begin to reopen for business. Full Article
tor Federal watchdog finds top vaccine doctor should be reinstated, lawyers say By www.cnbc.com Published On :: Fri, 08 May 2020 20:15:39 GMT A government watchdog has found that there is evidence that federal scientist Rick Bright was ousted as head of a health agency for his pushback to a controversial coronavirus drug treatment embraced by President Donald Trump, Bright's lawyers said. Full Article
tor Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store By www.cnbc.com Published On :: Tue, 05 May 2020 18:00:31 GMT 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. Full Article
tor Rural retail chain owner Stage Stores prepares for bankruptcy that could come as soon as next week By www.cnbc.com Published On :: Fri, 08 May 2020 20:45:19 GMT Stage Stores has about 700 department stores predominately in small towns and rural communities. It employed roughly 13,600 full-time and part-time employees as of February. Full Article
tor Department stores had an insane week. Here's everything that happened By www.cnbc.com Published On :: Fri, 08 May 2020 21:08:06 GMT It was another onslaught of bad news from America's department store chains, including bankruptcy filings and store closures, this week. And that likely will not be letting up anytime soon. Full Article
tor Top ad firm outlines business sectors hit the most by the pandemic, and the ones that are faring better... for now By www.cnbc.com Published On :: Tue, 28 Apr 2020 20:01:48 GMT Sectors like health care or financial services have been less impacted by the pandemic so far, but Omnicom foresees demand for marketing services to decline as advertisers cut costs in the short term. Full Article
tor Pending home sales tank nearly 21% in March, but Realtors claim prices will hold up By www.cnbc.com Published On :: Wed, 29 Apr 2020 14:58:35 GMT 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. Full Article
tor Over 50% of department stores in malls predicted to close by 2021, real estate services firm says By www.cnbc.com Published On :: Wed, 29 Apr 2020 21:04:05 GMT Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors. Full Article
tor US services sector posts biggest contraction since 2009 as coronavirus halts economic activity By www.cnbc.com Published On :: Tue, 05 May 2020 20:32:38 GMT 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. Full Article
tor US private payrolls drop by 20.2 million in April, the worst job loss in the history of ADP report By www.cnbc.com Published On :: Wed, 06 May 2020 13:41:14 GMT Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP. Full Article
tor 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
tor Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls By www.cnbc.com Published On :: Sat, 09 May 2020 13:13:20 GMT Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively. Full Article
tor Singapore minister says safeguards in migrant dormitories 'not sufficient' during coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 03:42:58 GMT Singapore learned from the coronavirus pandemic that its migrant workers' dormitories need redesigning to prevent future outbreaks, says Lawrence Wong, second minister for finance, who is also co-chair of the country's Covid-19 task force. Full Article
tor 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
tor Ferrari is now worth more than General Motors and Ford By www.cnbc.com Published On :: Tue, 05 May 2020 18:27:43 GMT Ferrari's market value surged to $30 billion Monday morning, more than the value of General Motors or Ford Motor. Full Article
tor Ford and 3M begin shipping respirators to front-line health workers fighting coronavirus pandemic By www.cnbc.com Published On :: Wed, 06 May 2020 16:29:03 GMT About 90 United Auto Workers union members have assembled more than 10,000 respirators at a Ford plant near Flat Rock, Michigan. Full Article
tor 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
tor 'Shark Tank' investor Kevin O'Leary: 20% of small businesses that got federal loans will fail By www.cnbc.com Published On :: Thu, 07 May 2020 12:34:19 GMT The "Shark Tank" investor also tried to look at the bright side: "So 80% are going to make it, in my view. That means it was a great investment." Full Article
tor This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 17:26:03 GMT April Coolidge used to work in real estate but now she makes more money driving a truck than she ever did selling houses. Full Article
tor Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says By www.cnbc.com Published On :: Tue, 05 May 2020 00:55:39 GMT "I don't think you're buying these thinking that that business is coming back immediately," TD Ameritrade chief market strategist JJ Kinahan told CNBC. Full Article
tor 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
tor BCG: 65% of investors more bearish on the economy than just a month ago By www.cnbc.com Published On :: Mon, 27 Apr 2020 08:37:26 GMT Hady Farag of Boston Consulting Group discusses the firm's latest investor pulse check survey, including how many believe we'll need at least $1-$2 trillion of additional fiscal stimulus to support the economy through the coronavirus pandemic. Full Article
tor Rystad Energy: Global crude storage capacity may reach the top in about 3-4 weeks By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:57:23 GMT Bjørnar Tonhaugen of Rystad Energy discusses what could potentially happen to oil prices when the U.S. and the world is projected to run out of viable physical storage capacity, potentially sometime in May. Full Article
tor Liu: For everyday investors, it's important to focus on the light at the end of the tunnel By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:22:25 GMT James Liu of Clearnomics discusses whether the markets are pricing in a quicker economic recovery than some of the most-dire estimates, and jumping on any positive news it can get. Full Article
tor 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
tor Hali: Shoppers will be hesitant to go back to large stores unless they make some changes By www.cnbc.com Published On :: Thu, 07 May 2020 10:18:52 GMT Jane Hali, retail analyst and CEO of Jane Hali & Associates, discusses how the industry has to adapt to changes in consumer buying habits brought on by the coronavirus pandemic, and which chains may emerge stronger, and which could go away. Full Article
tor 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
tor Jim Cramer on Wednesday's rally: 'Remdesivir is just what the doctor ordered' By www.cnbc.com Published On :: Wed, 29 Apr 2020 23:03:18 GMT "This drug makes a big difference, especially if you were worried about a second wave of infections after we reopened the economy," the "Mad Money" host said. Full Article
tor Cramer says his most trusted indicator 'makes me concerned' about the market's trajectory By www.cnbc.com Published On :: Fri, 01 May 2020 14:54:03 GMT Stocks on Wall Street have reached levels that are "too hot" for Jim Cramer's liking. Full Article
tor Warren Buffett's exit from airline stocks is a wake-up call for index investors, Jim Cramer says By www.cnbc.com Published On :: Mon, 04 May 2020 22:40:41 GMT "I recommend selling" some position in the S&P 500 index fund "if the [upward] streak continues," the "Mad Money" host said. Full Article
tor Masimo CEO says its remote oxygen monitors were made to mitigate diseases like coronavirus By www.cnbc.com Published On :: Wed, 06 May 2020 01:36:54 GMT Masimo CEO Joe Kiani discussed how the medical device maker's telehealth systems can be useful in the fight against coronavirus. Full Article
tor Coronavirus fallout: Here are the 16 department stores Nordstrom is closing permanently By www.cnbc.com Published On :: Fri, 08 May 2020 20:30:46 GMT Nordstrom announced earlier this week it will be permanently closing 16 of its department stores, after assessing each state that it operates in and the hit it is taking because of the coronavirus pandemic. Full Article
tor 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
tor 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
tor Tesla rally won't stop at $500, recent stock trading history suggests By www.cnbc.com Published On :: Mon, 13 Jan 2020 18:05:55 GMT Tesla shares hit $500 for the first time, and the trading history of Elon Musk's electric vehicle maker over the past five years shows the rally can continue. Full Article
tor Alphabet's trillion-dollar mark won't be the end of the near-term gains in stock, according to history By www.cnbc.com Published On :: Thu, 23 Jan 2020 15:23:49 GMT Alphabet hit a $1 trillion market valuation, an elite status only Apple, Microsoft and Amazon previously touched. Gains for the Google parent are not about to stop, history says. Full Article
tor This defensive sector is market's best right now, and history suggests more gains are coming By www.cnbc.com Published On :: Tue, 28 Jan 2020 19:33:19 GMT Utilities is now the stock market's best-performing sector this year, as the coronavirus sends investors into a defensive position. History says gains can continue. Full Article
tor 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
tor Twitter's brief history of earnings rallies shows they often don't last By www.cnbc.com Published On :: Tue, 11 Feb 2020 13:32:33 GMT Twitter surged after a big quarterly increase in users, but history shows the social media stock's rallies don't last. Full Article
tor History says Super Tuesday is last thing stock market needs right now By www.cnbc.com Published On :: Tue, 25 Feb 2020 21:50:49 GMT In periods leading up to Super Tuesday primaries that span a dozen states, stocks tends to sell off. That's not good news for a market already being tested by the coronavirus. Full Article
tor 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
tor Ted Cruz, other senators, warn Saudis to stop using oil in 'economic warfare' against the US By www.cnbc.com Published On :: Tue, 31 Mar 2020 18:43:28 GMT Sen. Ted Cruz said a group of nine senators recently ripped into the Saudi ambassador to the United States in a conference call over its oil price war with Russia. Full Article
tor Here's why recent surge in S&P 500 couldn't last, according to market history By www.cnbc.com Published On :: Wed, 15 Apr 2020 20:16:37 GMT The S&P 500 surged 12% last week, but the market has been up and down since. That is not a surprise based on recent crisis-era trading history for both the S&P and Dow Jones Industrial Average. Full Article
tor Traders grapple to find the bottom as Dow enters bear market territory with S&P 500 not far behind By www.cnbc.com Published On :: Wed, 11 Mar 2020 21:58:23 GMT The S&P 500 is in bear market territory but it's difficult to predict a market bottom. Typical metrics do not apply in this very unusual situation. Full Article
tor Investors should have up to 10% in this 'hedge against the unexpected,' says 'Godfather' of gold By www.cnbc.com Published On :: Wed, 01 Apr 2020 13:26:23 GMT George Milling-Stanley, who helped create the SPDR Gold Trust, says the precious metal is not just a hedge against inflation but against the unexpected. Full Article
tor 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