ge 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
ge April's jobs report showing millions out of work looms large in the week ahead By www.cnbc.com Published On :: Fri, 01 May 2020 21:26:14 GMT In the week ahead, the April jobs report is expected to show the highest unemployment since 1939. Full Article
ge 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
ge Most 2020 swing state voters want more direct payments during coronavirus, CNBC/Change Research poll finds By www.cnbc.com Published On :: Wed, 06 May 2020 17:56:33 GMT Democrats are pushing for at least one more round of direct payments during the coronavirus crisis after many voters got $1,200 stimulus checks. Full Article
ge Trump says coronavirus tests are 'overrated,' but he will get tested daily By www.cnbc.com Published On :: Thu, 07 May 2020 22:03:27 GMT The new daily testing policy for the president and the people in his circle comes hours after the White House acknowledged that a personal valet for Trump tested positive for Covid-19. Full Article
ge Frontier Airlines to check passenger temperatures. Too high, you won't fly By www.cnbc.com Published On :: Thu, 07 May 2020 22:43:27 GMT Before boarding, passengers and crew members will have their temperatures checked at the gate. If someone registers a temperature of 100.4 or higher, they will be kept at the gate. Full Article
ge 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
ge Moderna CEO says supply of coronavirus vaccine will be limited, US will help decide who gets it first By www.cnbc.com Published On :: Fri, 08 May 2020 16:52:15 GMT "We will all be supply constrained for quite some time, meaning we won't be able to make as many product as will be required to vaccinate everyone on the planet," CEO Stephane Bancel said on CNBC's "Squawk Box." Full Article
ge US lawmakers urge Mnuchin to crack down on airlines cutting worker hours after taking billions in coronavirus aid By www.cnbc.com Published On :: Fri, 08 May 2020 14:30:42 GMT Three Senate Democrats are urging Treasury Secretary Steven Mnuchin to crack down on airlines that are cutting employee hours, despite billions in federal coronavirus relief. Full Article
ge Is GM doing enough damage control? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT James Albertine, Vice President, Automotive at Stifel Equity Research, discusses CEO Mary Barra's efforts to change how GM handles recalls. Full Article
ge This is the key challenge for China carmakers By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Chinese automakers face the greatest competition from their international rivals, says Janet Lewis, Head of Industrial Research, Asia at Macquarie. Full Article
ge Wall Street in a 'strange dynamic': Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Robert Pavlik, Chief Market Strategist at Banyan Partners, says recent losses on Wall Street was caused by a myriad of factors, which include more than Chinese weak data and Ukraine tensions. Full Article
ge Microsoft's shift is a 'welcome change': Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Norman Young, Senior Equity Analyst at Morningstar, says Microsoft's release of the Office for iPad app reflects a strategy shift in the software company under its new chief executive officer, Satya Nadella. Full Article
ge Stop focusing on geopolitics of coronavirus with China, says Australian CEO By www.cnbc.com Published On :: Tue, 05 May 2020 04:16:52 GMT Australia has "no benefits at all" from focusing on its coronavirus-related geopolitics with China, one of its major trading and business partners. It should focus instead on people's health and economic recovery, says Mark Allison, CEO and managing director of Elders Limited. Full Article
ge We call this decade 'the age of delivery': Domino's CEO By www.cnbc.com Published On :: Wed, 06 May 2020 02:30:49 GMT Don Meij , CEO Of Domino's Pizza Enterprises gives an update on the pizza business during the international pandemic, and how Domino's is keeping up with demand. Full Article
ge Trump's tariff threats against China are 'largely bluster': Charles Schwab By www.cnbc.com Published On :: Wed, 06 May 2020 03:33:12 GMT It will be difficult for U.S. President Donald Trump to backtrack on the U.S.-China "phase one" trade deal after previously lauding it as "the best deal ever made", says Jeffrey Kleintop of Charles Schwab, adding that March trade data shows a pickup in U.S. exports to China. Full Article
ge China needs a growth target to guide its stimulus measures: Citi By www.cnbc.com Published On :: Thu, 07 May 2020 06:09:38 GMT China should still set a growth target this year for the authorities to design a "sensible" stimulus package, says Liu Li-gang, Citigroup's chief economist for China, who adds that the country's unemployment rate risks exceeding 10% without aggressive fiscal stimulus. Full Article
ge 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
ge Elon Musk's lavish LA mansions appear to be listed for sale days after billionaire pledged to 'own no house' By www.cnbc.com Published On :: Thu, 07 May 2020 00:16:37 GMT The homes have a combined value of $39.5 million. Full Article
ge 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
ge Ex-TARP watchdog says Washington is to blame for large companies receiving small business loans By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:05 GMT "I mean, Congress went out of its way to carve out businesses that have more than 500 employees but are restaurants, chain restaurants," ex-TARP watchdog Neil Barofsky told CNBC. Full Article
ge A 'discouraged' Terrell Davis almost ditched his first NFL season: 'The only way you really fail is to quit' By www.cnbc.com Published On :: Fri, 01 May 2020 18:24:46 GMT At the start of his Hall of Fame NFL career, Terrell Davis was an unheralded running back competing for a spot with the Denver Broncos. After a discouraging start, Davis considered calling it quits before one play in a preseason game changed the 'entire trajectory of my career.' Full Article
ge These business owners couldn't get a forgivable loan at first. Then it was easy. By www.cnbc.com Published On :: Sat, 02 May 2020 14:16:01 GMT Business owners who successfully got loans during the second round of the Paycheck Protection Program describe the emotional roller coaster of the process. Full Article
ge This skincare company saw record sales in April even as coronavirus pandemic ravaged retail By www.cnbc.com Published On :: Sun, 03 May 2020 14:01:01 GMT The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot. Full Article
ge Small business confidence crashes, revealing more Main Street carnage may lie ahead By www.cnbc.com Published On :: Tue, 05 May 2020 03:26:40 GMT Main Street confidence hit a record low in the Q2 2020 CNBC Small Business Survey, with the coronavirus causing a majority of entrepreneurs to fear permanent changes, including bankruptcy. Full Article
ge Answers to your biggest questions about US stimulus programs for Covid-19 relief By www.cnbc.com Published On :: Tue, 05 May 2020 21:13:34 GMT The $2.2 trillion CARES Act has provided several programs to help combat the widespread economic fallout of the coronavirus pandemic, but Americans are still confused. Senior Personal Finance Correspondent Sharon Epperson provides the answers. Full Article
ge Coronavirus fraud: Two New England men are first to be charged with scamming small business loan program By www.cnbc.com Published On :: Tue, 05 May 2020 21:39:53 GMT The men are charged with fraudulently applying for more than $500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak. Full Article
ge Klobuchar, Warren urge FTC to take more steps to help small businesses avoid coronavirus scams By www.cnbc.com Published On :: Wed, 06 May 2020 20:16:19 GMT Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus. Full Article
ge So much money, so little oversight: Coronavirus bailout cash is a big target for fraud By www.cnbc.com Published On :: Thu, 07 May 2020 14:19:45 GMT With so much money being issued so quickly, the potential for scams and misuse runs rampant. Full Article
ge Wells Fargo will no longer accept applications for home equity lines of credit By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:27:11 GMT Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers. Full Article
ge NASA's billions of investment in SpaceX have been 'very beneficial,' agency chief says By www.cnbc.com Published On :: Fri, 01 May 2020 18:13:22 GMT NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk's SpaceX have been well worth it. Full Article
ge Carl Icahn, who's made a large bulk of his fortune in energy, has a new play in the industry By www.cnbc.com Published On :: Sat, 02 May 2020 14:04:03 GMT Icahn's next energy bet could pay off through a takeover or a rebound in oil prices. Full Article
ge Putting the economy back together again: What the future holds for Americans By www.cnbc.com Published On :: Sun, 03 May 2020 13:24:21 GMT After the coronavirus pandemic passes, life will continue in many regards, but nothing will be the same and the economy won't return to the way it was, not for a long time. Full Article
ge 'Togetherness kills' — Cramer looks at stocks that will continue to suffer as social distancing remains By www.cnbc.com Published On :: Tue, 05 May 2020 16:13:07 GMT "Social distancing is going to be the answer why you have to sell certain stocks," CNBC's Jim Cramer said Tuesday. Full Article
ge 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
ge Longtime bull Jeremy Siegel: March coronavirus swoon in stocks 'definitely going to be the low' By www.cnbc.com Published On :: Fri, 08 May 2020 17:47:26 GMT "I think 2021 could be a boom year. With the liquidity that the Fed is adding, unprecedented. It could be a really good year," the Wharton School professor told CNBC on Friday. Full Article
ge 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
ge Stew Leonard: There is going to be a meat shortage in the U.S. By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:34:47 GMT Stew Leonard Jr., the CEO of the Northeast supermarket chain Stew Leonard's, discusses President Trump's order for meat processing plants to stay open, even despite concerns about coronavirus cases in some of those facilities. Full Article
ge 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
ge Why one of the nation's largest car dealers says sales have been improving in recent weeks By www.cnbc.com Published On :: Fri, 01 May 2020 10:45:16 GMT Bryan DeBoer, CEO of car dealer Lithia Motors, discusses how auto sales have trended during the COVID-10 pandemic, and how the company has adapted to accommodate potential car buyers, including home delivery and pickup. Full Article
ge 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 By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:15 GMT 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. Full Article
ge 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
ge Wharton's Jeremy Siegel declares end to the 40-year bull market in bonds By www.cnbc.com Published On :: Tue, 05 May 2020 23:30:02 GMT Wharton finance professor Jeremy Siegel expects the interest rate on bonds and inflation to significantly rise over the next several years. Full Article
ge Virgin Media and O2 agree on $39 billion merger to create a new UK telecom giant By www.cnbc.com Published On :: Thu, 07 May 2020 10:33:36 GMT The combined group could put pressure on rival telecommunications firms BT, Vodafone and Sky. Full Article
ge Can I Afford It? Ali, Age 25 By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Ali wants to know if she can afford to spend $1,758 on a Louis Vuitton Sully MM handbag. Full Article
ge Jim Cramer reacts to AMD, Starbucks, Boeing, GE and Alphabet earnings reports By www.cnbc.com Published On :: Wed, 29 Apr 2020 22:48:46 GMT The "Mad Money" host offered his thoughts on each companies' latest quarterly results and recommended multiple stocks for buys. Full Article
ge Estee Lauder CEO: 'Consumer finds a way to get the product they want,' as online sales grow double digits By www.cnbc.com Published On :: Fri, 01 May 2020 23:01:41 GMT "The consumer finds a way to get the product they want" and "found a way to buy our product online more than usual," Estee Lauder CEO Fabrizio Freda said. Full Article
ge 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
ge Emergent Biosolutions CEO on Trump's wishes to develop a vaccine by year end — 'Nobody can guarantee anything' By www.cnbc.com Published On :: Tue, 05 May 2020 00:52:17 GMT "We're here ... doing everything we can to make sure that a vaccine and treatments are available as soon as possible," CEO Robert Kramer said. Full Article
ge 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