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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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Stocks making the biggest moves after hours: Pinterest, Mattel, Virgin Galactic and more

Check out the companies making headlines after the bell.




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A blind chart reading can help remove bias on this major stock index

Taking a blind read of a chart may be the best way to put aside sentiment and make a cool-headed decision.




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Shanghai stocks are developing a classic pattern

The Shanghai Index is developing a classic test and retest pattern that often precedes a major trend reversal.




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'The fabric of America is being destroyed.' Why this ex-Trump official says student debt needs to be canceled

"The fabric of America is being destroyed through this process." Here's why the former Trump administration official in charge of student debt is now calling for most of the debt to be canceled.




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'Not the economy, stupid': A majority of Americans say 2020 election will be about other issues

A majority of Americans think a recession is likely in the next year, but amid historically low unemployment and a record stock market, most voters say the 2020 election will not be about the economy, according to a new CNBC Invest In You survey on money and politics released Monday.




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Democratic candidate Michael Bennet proposes 44% tax rate for wealthiest Americans

Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.




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Here's how Mike Bloomberg's campaign spending may help him qualify for debates

Mike Bloomberg is outspending his rivals in the race to become the 2020 Democratic Presidential Nominee. His campaign spent $188 million during the fourth quarter of 2019. That's more money than any of his democratic competitors have raised over the entirety of this election cycle. But there's another big difference between those candidates and Bloomberg. Bloomberg didn't compete in the Iowa caucuses. Here's why and how he may still qualify for upcoming debates.




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A tale of two coronavirus relief efforts: One for the rich, one for the poor

A payroll tax cut would benefit the richest Americans, while sending checks to each U.S. household to prop up the economy would favor the poor, according to a new analysis.




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Unemployment insurance is flawed. Trump's coronavirus relief plan won't fix it

The unemployment insurance program in the U.S. won't help enough workers absent some sort of government intervention, according to experts.




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Unemployment benefits for gig and self-employed workers stalled by confusion, delays

The new coronavirus relief law extends unemployment benefits to gig, self-employed and other previously ineligible workers, but they may have to wait to file and receive benefits.




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Google tells employees they cannot expense food, other perks from home

CNBC's Deirdre Bosa reports that Google has put the brakes on perks for employees working from home.




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Credit Suisse's Michael Binetti on economic recovery

Michael Binetti, Credit Suisse Analyst, joins "Closing Bell" to discuss markets.




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Richard Trumka: If people don't feel safe, they won't return to work

Richard Trumka, President of the AFL-CIO, joins "Closing Bell" to discuss reopening the economy.




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These advisors help their clients tackle this unknown looming cost

Financial advisors are turning to a variety of options to help clients prepare for the potential cost of help with daily activities like eating and dressing — otherwise known as long-term care.




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It may get harder for consumers to tell how some financial advisors get paid

The CFP Board, which oversees standards for 86,000 certified financial planners in the U.S., removed the ability for consumers to search for an advisor based on how they're paid.




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Op-Ed: Financial advisors help clients navigate through uncertainty

The best financial advisors will choose to stay connected with their clients throughout the coronavirus crisis and be creative in evolving their services on a human level. Keep adding to your market volatility playbook — this isn't the first time we've encountered turbulence in the markets, and it won't be the last.




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Here's what advisors are doing to help clients — and themselves — amid coronavirus volatility

As markets careeen amid coronavirus-fueled economic volatility, financial advisors are at the eye of the storm. We asked five members of the CNBC Financial Advisor Council what they're telling clients, whether they're helping them reallocate and how the downturn is impacting their own fortunes.




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Op-Ed: Advisors need to help clients get back to basics during this volatility

While financial advisors must continue being proactive in helping clients maintain financial well-being during the coronavirus pandemic and downturn, the most effective advisors are managing their clients' emotional well-being, as well.




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Op-Ed: Here's a game plan to help create retirement security for millions of Americans

As Congress considers ideas in the coming weeks seeking to help America recover from the Covid-19 pandemic, the Insured Retirement Institute has proposed a five-point plan to help American retirement savers enhance their ability to save for retirement today and ways to strengthen their financial security for tomorrow.




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Mattel CEO on Q1 results, holiday season forecast and 'Thank You Heroes' initiative

Mattel CEO Ynon Kreiz told "Mad Money" host Jim Cramer he expects a "good holiday season" if the retail environement returns to normal.




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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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UN sounds alarm over unprecedented levels of hunger in southern Africa

Women and children bear brunt as drought and extreme weather leave tens of millions short of food

Southern Africa is in the throes of a climate emergency, with hunger levels in the region on a previously unseen scale, the UN has warned.

Years of drought, widespread flooding and economic disarray have left 45 million people facing severe food shortages, with women and children bearing the brunt of the crisis, said the World Food Programme (WFP).

Related: Zimbabwe on verge of 'manmade starvation', warns UN envoy

Continue reading...




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Zimbabwe's president appeals for help to end country's 'financial isolation'

Emmerson Mnangagwa makes passionate plea for support as he targets upper middle-income status by 2030

The president of Zimbabwe has appealed for help in pulling his debt-ridden country out of “financial isolation”.

Emmerson Mnangagwa made his passionate call for international funding after he failed to secure new loans from the International Monetary Fund, the World Bank, African Development Bank and the Paris Club due to outstanding foreign debts of $8bn (£6.2bn).

Related: Zimbabwe urged to prioritise children as record poverty causes food shortages

Continue reading...




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Overeating, boredom, self-medication: How grocery bills skyrocket even as food becomes scarcer

Eating more healthy food? More junk food? Nearly everyone's eating and shopping habits are feeling the fallout of the pandemic — and boredom and anxiety are driving plenty of change.




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Here's what you need to know about rent relief during the pandemic

Many renters across the U.S. don't have to worry about being evicted during the pandemic. Yet they can find themselves in a lot of trouble when the relief expires.




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If there's coronavirus relief money, scammers will try and steal it

Business owners, the unemployed and recipients of stimulus checks are among the targets of financial thieves trying to access trillions of dollars in federal coronavirus relief.




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Stimulus checks have been sent to dead people. Now the IRS has released instructions for how to return the money

The U.S. government is sending millions of $1,200 checks out to Americans, some of whom have passed away. Now, the IRS has released instructions for how families of the deceased can return that money.




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Why unemployment benefits for the self-employed may be less than expected

Self-employed workers applying for unemployment benefits may get less than they think because of how they report income.























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Markets sell off into the close

Markets end the day at their lows after Trump comments on trade deal. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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What isn't the jobs report telling us?

CNBC's Steve Liesman on what's missing from the jobs report. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.