ess 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
ess How the coronavirus could kill the $2 billion US bail bond business By www.cnbc.com Published On :: Sat, 09 May 2020 14:32:25 GMT Crimes and arrests are down nationwide during the pandemic as people obey stay-at-home orders and police departments reduce operations. This has led many bail bond companies to lay off entire staff. Full Article
ess 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
ess 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
ess Wall Street traders adapt to working from home as business booms By www.cnbc.com Published On :: Thu, 26 Mar 2020 10:35:56 GMT Trading firms had two main concerns about traders working from home: Would the technology work and would traders be able to effectively interact with each other and their clients. So far, traders are adapting. Full Article
ess Oil fund's near implosion is the latest market wackiness leaving traders scratching their heads By www.cnbc.com Published On :: Fri, 24 Apr 2020 12:52:48 GMT The United States Oil Fund, which invests in oil futures contracts, was guaranteed to be a losing bet over time, but retail investors piled into the exchange-traded fund, perhaps believing it was a bet on the spot price of oil. Full Article
ess Even if the Fed cuts rates to zero, market bear David Rosenberg predicts a recession is less than 12 months away By www.cnbc.com Published On :: Sun, 22 Sep 2019 21:00:34 GMT Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting. Full Article
ess If a second wave hits, economist Mark Zandi warns a depression will hit By www.cnbc.com Published On :: Fri, 08 May 2020 22:08:28 GMT Moody's Analytics' Mark Zandi worries businesses may reopen too soon. Full Article
ess 'If we get a second wave, it will be a depression,' economist Mark Zandi says By www.cnbc.com Published On :: Fri, 08 May 2020 22:09:00 GMT Moody's Analytics' Mark Zandi worries businesses may reopen too soon and create another spike in coronavirus cases. Full Article
ess The Path Forward: CNBC helps small business and investors By www.cnbc.com Published On :: Sat, 09 May 2020 00:04:14 GMT Guiding small businesses through reopening after they've been shuttered for weeks by the coronavirus pandemic. Pantegrion Capital's Alicia Syrett, which invests in dozens of businesses, offers small business owners advice. Josh Brown, Ritholtz Wealth Management, and Nina O'Neil of Archer Investment Management offer advice for investors looking to hold on to recent gains. With CNBC's Sharon Epperson. Full Article
ess Why some experts believe Tesla is better positioned to survive this recession than other US carmakers By www.cnbc.com Published On :: Sat, 09 May 2020 13:29:01 GMT 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. Full Article
ess Chevron says results will be 'depressed' as long as oil stays low, takes steps to protect dividend By www.cnbc.com Published On :: Fri, 01 May 2020 20:06:44 GMT The company reiterated that its dividend is a priority, and that it's taking action to sustain it over the long term. Full Article
ess The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success By www.cnbc.com Published On :: Tue, 05 May 2020 23:16:21 GMT 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. Full Article
ess CVS Health first-quarter revenue rose 8% as customers rushed into stores to buy essentials; shares up By www.cnbc.com Published On :: Wed, 06 May 2020 21:43:22 GMT The drugstore chain's stores have remained open as an essential retailer during the coronavirus pandemic, and it's also opened drive-thru testing sites. Full Article
ess Positive business dynamic in the insurance market, Munich Re CFO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:06:04 GMT Munich Re CFO Christoph Jurecka discusses the insurer's first-quarter earnings. Full Article
ess Strong nutrition business lifted first-quarter earnings, DSM co-CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 17:05:31 GMT Geraldine Matchett, co-CEO of DSM, discusses the company's first-quarter earnings. Full Article
ess Andrew Forrest on using business power to fight Australia's coronavirus crisis By www.cnbc.com Published On :: Wed, 29 Apr 2020 06:59:40 GMT 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. Full Article
ess Things could look worse for latest US recession: Former Fed special advisor By www.cnbc.com Published On :: Thu, 30 Apr 2020 06:52:18 GMT 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). Full Article
ess Expect lockdown exit to be a long-drawn process, strategist says By www.cnbc.com Published On :: Mon, 04 May 2020 09:08:18 GMT 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. Full Article
ess Op-Ed: SBA chief pledges 'every available resource' to aid small businesses By www.cnbc.com Published On :: Thu, 09 Apr 2020 18:43:38 GMT All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza. Full Article
ess Op-ed: To help Main Street businesses, look to Main Street banks By www.cnbc.com Published On :: Thu, 16 Apr 2020 13:07:57 GMT Local community banks were among the most prepared and willing to step up during these unprecedented times, releasing loans far earlier than many of their Wall Street counterparts. Full Article
ess Vice President Mike Pence's press secretary tests positive for coronavirus By www.cnbc.com Published On :: Fri, 08 May 2020 20:13:01 GMT Katie Miller, the Pence press secretary, also handled communications for the coronavirus task force. The news came a day after the revelation that a personal valet for President Trump tested positive. Full Article
ess Sweden's chief scientist admits lessons have been learned over no-lockdown policy By www.cnbc.com Published On :: Thu, 07 May 2020 13:51:49 GMT Sweden's decision to avoid a strict lockdown like its European neighbors drew global attention and was not without controversy, but its chief epidemiologist says there are few things he would have done differently. Full Article
ess Here are the states with the most jobless claims By www.cnbc.com Published On :: Thu, 07 May 2020 14:58:50 GMT CNBC's Steve Liesman breaks down the latest jobless claims numbers, and which states have been hardest hit by the shutdown. Full Article
ess Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Fri, 01 May 2020 16:38:11 GMT On Thursday, Murphy visited the White House to meet with President Donald Trump to discuss Covid-19 testing and financial assistance for states. Full Article
ess Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Mon, 04 May 2020 15:13:31 GMT New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 316,400 people across the state as of Monday. Full Article
ess Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Mon, 04 May 2020 16:01:10 GMT Full Article
ess Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Tue, 05 May 2020 13:53:39 GMT New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 318,900 people across the state as of Tuesday. Full Article
ess Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Tue, 05 May 2020 16:54:53 GMT On Monday, the governor directed all private and public school leaders to update their preparedness plans to continue remote learning for the rest of the school year. Full Article
ess Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 15:27:04 GMT New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 321,100 people across the state as of Wednesday. Full Article
ess Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Thu, 07 May 2020 17:19:56 GMT New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 323,900 people across the state as of Thursday. Full Article
ess Watch live: World Health Organization holds press conference on the coronavirus outbreak By www.cnbc.com Published On :: Fri, 08 May 2020 14:36:34 GMT The World Health Organization is holding a briefing Friday on the coronavirus, which has infected more than 3.8 million people worldwide and killed at least 269,881. Full Article
ess UK general election more likely than second Brexit referendum: Professor By www.cnbc.com Published On :: Mon, 21 Jan 2019 08:55:09 GMT Cedomir Nestorovic, professor of geopolitics at ESSEC Business School, predicts that U.K. Prime Minister Theresa May's second Brexit deal will likely be rejected Monday, creating further scope for a near-term general election. Full Article
ess China seems to think that it is 'out of the woods': Professor By www.cnbc.com Published On :: Wed, 27 Mar 2019 08:17:35 GMT Edmund Phelps of Columbia University says China seems to think that it has solved its problems, and its economy will see a return to "somewhat higher" growth rates. He also says China could "break loose" with a long wave of rapid innovation. Full Article
ess Jobless claims tally could top 30 million if new filers are close to last week's level By www.cnbc.com Published On :: Thu, 30 Apr 2020 11:17:11 GMT About 4 million workers could have filed for unemployment benefits last week, bringing total claims above 30 million in just six weeks. Full Article
ess The way out of the recession depends on the level of consumer fear, economists say By www.cnbc.com Published On :: Mon, 04 May 2020 22:06:04 GMT 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. Full Article
ess April job losses may top 20 million, weekly jobless claims report signals By www.cnbc.com Published On :: Thu, 07 May 2020 16:06:32 GMT The number of continuing jobless claims rose to a greater-than-expected 22.6 million last week, signaling April job losses over 20 million. Full Article
ess Gold moves into a 'zombie state' as the usual spurs fail to impress By www.cnbc.com Published On :: Tue, 27 Feb 2018 04:12:48 GMT Geopolitical concerns, likely higher interest rates and a weaker dollar are not driving gold price swings as expected. Full Article
ess Democrats cannot count on swing votes against Trump: Professor By www.cnbc.com Published On :: Wed, 04 Mar 2020 05:32:23 GMT Brendon O'Connor from the U.S. Studies Centre tells "Street Signs" that Democratic presidential hopefuls like Joe Biden and Bernie Sanders are unlikely to sway Trump's supporters, and the idea of swing votes is overrated. Full Article
ess 'It's a new planet overnight': New York City businesses hit hard by coronavirus pandemic By www.cnbc.com Published On :: Fri, 20 Mar 2020 17:33:02 GMT New York City businesses are struggling to make money and retain workers as the coronavirus continues to inflict economic pain. Full Article
ess 7.5 million small businesses are at risk of closing, report finds By www.cnbc.com Published On :: Wed, 15 Apr 2020 12:55:56 GMT Millions of small businesses will close permanently if disruption caused by the coronavirus pandemic persists, according to a new survey from Main Street America. Full Article
ess Hostess Brands CEO on coronavirus impact and the food supply chain By www.cnbc.com Published On :: Fri, 08 May 2020 20:53:43 GMT Andy Callahan, Hostess Brands CEO, joins "Closing Bell" to discuss the company's earnings. Full Article
ess Private equity investors are zeroing in on financial advice business By www.cnbc.com Published On :: Thu, 14 Nov 2019 12:43:48 GMT The registered investment advisor industry has attracted the attention of private equity investors, thanks to good growth, high profit margins, consistent cash flow and low capital needs. Full Article
ess These financial advisors applied for the PPP loan. They share some lessons learned By www.cnbc.com Published On :: Sat, 18 Apr 2020 14:07:00 GMT Three financial advisors share how they have helped clients apply for emergency funding through the Paycheck Protection Program, and sought aid for their practices. Full Article
ess Businesses continue to apply for a PPP loan. Forgiveness remains uncertain By www.cnbc.com Published On :: Mon, 04 May 2020 21:43:43 GMT Companies that were able to make the cut and qualify for the Paycheck Protection Program have another fight on the horizon: having their loan forgiven. Here's why it's so hard to figure that out. Full Article
ess Support small businesses with gift cards – but know the risks By www.cnbc.com Published On :: Wed, 06 May 2020 13:17:38 GMT Purchasing gift cards are a way to support struggling small businesses. But if they don't make it out of the pandemic, you will be out of pocket. Full Article
ess Young professionals risk financial burnout as they weather their first big crisis By www.cnbc.com Published On :: Wed, 06 May 2020 13:15:23 GMT 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. Full Article
ess Federal business disaster loans now capped at $150,000 and limited to agriculture By www.cnbc.com Published On :: Thu, 07 May 2020 18:22:19 GMT The Small Business Administration has sharply curtailed the Economic Injury Disaster Loan program, limiting new applicants to only agricultural businesses and capping max loan amounts at $150,000, down from $2 million, according to reports. Full Article
ess Why unemployment benefits for the self-employed may be less than expected By www.cnbc.com Published On :: Thu, 07 May 2020 19:37:45 GMT Self-employed workers applying for unemployment benefits may get less than they think because of how they report income. Full Article
ess Designer Rebecca Minkoff's advice for small businesses trying to survive the coronavirus pandemic By www.cnbc.com Published On :: Fri, 08 May 2020 15:18:09 GMT As co-founder and creative director of her own fashion line, Rebecca Minkoff understands the current struggles small-business owners are now facing — especially women. Here's her advice on how to survive. Full Article