ea Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm By www.cnbc.com Published On :: Mon, 04 May 2020 16:25:57 GMT "We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long." Full Article
ea Oil prices rise on demand prospects as lockdowns start to ease By www.cnbc.com Published On :: Tue, 05 May 2020 02:32:44 GMT Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel demand will begin to pick up as some U.S. states and nations in Europe and Asia start to ease coronavirus lockdown measures. Full Article
ea Oil drops 2%, snapping five-day winning streak in volatile trading session By www.cnbc.com Published On :: Wed, 06 May 2020 18:37:41 GMT Oil prices moved lower on Wednesday, snapping the longest daily winning streak since July. Full Article
ea Social-distancing measures look set to transform London's roads and sidewalks By www.cnbc.com Published On :: Wed, 06 May 2020 15:16:45 GMT More specific measures relating to the program will be published in next few weeks. Full Article
ea Oil jumps on China export bounce but long-term outlook remains weak By www.cnbc.com Published On :: Thu, 07 May 2020 11:28:17 GMT Oil prices jumped on Thursday on news that China's exports unexpectedly rose last month, and on the back of U.S. output cuts and the slow return of some activity in Europe. Full Article
ea Oil drops nearly 2%, erasing earlier gain of more than 11% By www.cnbc.com Published On :: Thu, 07 May 2020 18:51:18 GMT Oil prices reversed gains to settle lower on Thursday, despite optimism surrounding producers scaling back production as well as demand improving. Full Article
ea Sports teams can hang onto sky-high valuations by taking care of employees now during coronavirus outbreak By www.cnbc.com Published On :: Sat, 14 Mar 2020 14:01:01 GMT As coronavirus suspends sporting events, experts say team owners will need to show leadership and financially assist workforces to preserve valuations. Full Article
ea NFL players union approves new agreement that includes pay increases and extra regular season game By www.cnbc.com Published On :: Sun, 15 Mar 2020 14:23:13 GMT The National Football League Players Association has approved terms of a new 10-year collective bargaining agreement with NFL team owners. Full Article
ea NBA and NHL say players can still travel after seasons suspended due to coronavirus By www.cnbc.com Published On :: Mon, 16 Mar 2020 17:31:24 GMT The NHL joined the NBA in allowing its players to travel outside of club cities as the coronavirus continues to halt the sports injdusty. Full Article
ea Coronavirus could be the tipping point for movie theaters, gyms and other industries already suffering from disruption By www.cnbc.com Published On :: Mon, 16 Mar 2020 21:59:56 GMT Movie theaters, fitness centers, commercial real estate and pay TV could be among the industries that are vulnerable in prolonged quarantines. Full Article
ea Tom Brady announces he will leave the New England Patriots By www.cnbc.com Published On :: Tue, 17 Mar 2020 14:44:11 GMT The superstar quarterback did not say where he will go next. Full Article
ea 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
ea MLB to offer compensation to minor league players affected by coronavirus work stoppage By www.cnbc.com Published On :: Thu, 19 Mar 2020 21:18:30 GMT Major League Baseball said it will offer financial assistance to minor league players affected by the work stoppage due to the coronavirus pandemic. Full Article
ea 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
ea Tom Brady and the Bucs: Pundits expect clashes in playing style and a test of team culture By www.cnbc.com Published On :: Thu, 19 Mar 2020 22:18:35 GMT The Tom Brady to Tampa Bay Buccaneers deal has yet to be compete, but some NFL pundits see both pros and cons to the partnership. Full Article
ea Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet By www.cnbc.com Published On :: Thu, 02 Apr 2020 19:01:15 GMT Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival. Full Article
ea Instagram announces new features for small businesses including gift cards, food orders and fundraisers By www.cnbc.com Published On :: Wed, 15 Apr 2020 15:43:52 GMT Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook. Full Article
ea NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up By www.cnbc.com Published On :: Tue, 21 Apr 2020 17:57:05 GMT Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend. Full Article
ea Pop radio in decline, streaming on the rise: How the coronavirus is changing what we listen to By www.cnbc.com Published On :: Wed, 29 Apr 2020 17:39:12 GMT Instead of car radio, people calling on digital assistants like Amazon's Alexa and Apple's Siri to fire up some music while they cook. Full Article
ea Nearly a fifth of Wendy's US restaurants are out of beef, analyst says By www.cnbc.com Published On :: Tue, 05 May 2020 14:12:25 GMT Stephens Inc. said its estimate is based on an analysis of online menus for every Wendy's location nationwide. Full Article
ea Men's shirt retailer Untuckit taps real estate restructuring firm to renegotiate deals during coronavirus By www.cnbc.com Published On :: Tue, 05 May 2020 21:59:41 GMT The move by Untuckit comes as a number of retailers are looking to renegotiate deals with their landlords, or shut stores entirely, as the Covid-19 pandemic has forced doors temporarily shut to try to curb the spread of the virus. Full Article
ea Kroger CEO: Customers will have meat during the coronavirus pandemic, so long as they are 'flexible' By www.cnbc.com Published On :: Wed, 06 May 2020 16:03:28 GMT The supermarket chain executive said Kroger is working with new meat suppliers and diverting meat that would have gone to restaurants to try to stay in stock. Full Article
ea 'Today's norm to tomorrow's everyday routines,' CVS CEO says the pandemic will change customers' shopping, health-care habits By www.cnbc.com Published On :: Wed, 06 May 2020 22:22:22 GMT The health-care company's chief executive, Larry Merlo, said trends that emerged during the pandemic, such as use of telemedicine and prescription delivery to the home, may continue to be popular. Full Article
ea Kohl's CEO: Our real estate is an asset emerging from the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 15:19:06 GMT Kohl's announced Thursday morning that it plans to have 25% of its stores reopened by next week. Full Article
ea The meat supply chain is broken. Here's why shortages are likely to last during the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 19:39:57 GMT Challenges with the country's meat supply chain will likely linger as long as the coronavirus pandemic does causing periodic shortages. Full Article
ea Amazon and Microsoft trade barbs over JEDI contract appeal By www.cnbc.com Published On :: Fri, 08 May 2020 16:57:00 GMT The JEDI, or Joint Enterprise Defense Infrastructure, deal worth up to $10 billion has become one of the most tangled contracts for the Department of Defense. Full Article
ea Wealthy New Yorkers are fleeing to the suburbs, driving up prices By www.cnbc.com Published On :: Wed, 29 Apr 2020 16:48:51 GMT CNBC's Robert Frank takes a look at how the luxury real estate market is changing during the coronavirus pandemic. Full Article
ea Fed holds rates near zero — here's what that means for you By www.cnbc.com Published On :: Wed, 29 Apr 2020 18:26:11 GMT For everyday Americans with good credit, historically low interest rates on mortgages and credit cards can be a lifesaver. Riskier borrowers will have to look elsewhere for relief. Full Article
ea Coronavirus: Wealthy New Yorkers flee Manhattan for suburbs and beyond By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:26:47 GMT Brokers say buyers and renters coming from the city are asking for the same thing: more space and more distance from neighbors and crowds. Full Article
ea New Jersey homeowners are getting some property tax relief. Here's what that means By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:40:27 GMT Garden State homeowners may get a little more time to pay property taxes to their municipalities. An executive order gives cash-strapped residents a break but puts stress on localities' budgets. Full Article
ea Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount By www.cnbc.com Published On :: Fri, 01 May 2020 16:32:15 GMT Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments. Full Article
ea I just refinanced my mortgage, despite coronavirus. Here's what I learned By www.cnbc.com Published On :: Wed, 06 May 2020 13:28:29 GMT Two months after applying for a new loan, I closed on April 27. The process was painless, but some things were worth noting for those exploring an online mortgage or refinance during coronavirus. Full Article
ea Here's what homeowners need to know about forbearances By www.cnbc.com Published On :: Tue, 05 May 2020 17:58:33 GMT CNBC's Diana Olick breaks down what homeowners need to know about mortgage forbearances. Full Article
ea WeWork's Adam Neumann once said he had a 'beautiful relationship' with SoftBank's Masa Son; now he calls out 'abuse of power' in lawsuit filing By www.cnbc.com Published On :: Wed, 06 May 2020 06:56:01 GMT In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup. Full Article
ea Weekly mortgage applications show real recovery in homebuying, as interest rates set another record low By www.cnbc.com Published On :: Thu, 07 May 2020 00:12:50 GMT Homebuyers appear to be heading slowly back into the market, as the coronavirus-stricken economy begins to reopen. Full Article
ea NYC real estate market under pressure as coronavirus pandemic halts sales By www.cnbc.com Published On :: Fri, 08 May 2020 10:54:30 GMT New York City is the nation's largest real estate market, and the pandemic has caused a number of deals to go bust. CNBC's Robert Frank reports. Full Article
ea NFL teams seeing high early ticket demand despite Covid-19, agency SeatGeek says By www.cnbc.com Published On :: Fri, 08 May 2020 17:42:17 GMT The Las Vegas Raiders, Los Angeles Rams and Tampa Bay Buccaneers are among the most in-demand teams, while demand for Patriots tickets is way down, according to ticket volume data provided by SeatGeek. Full Article
ea Millions can't access unemployment benefits so actual job losses are likely greater than data shows By www.cnbc.com Published On :: Tue, 28 Apr 2020 20:49:41 GMT The number of Americans who have lost their jobs during the coronavirus pandemic could be even bleaker than official government data suggests. Full Article
ea 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
ea 8-month 'structured lockdowns' could halve economic damage from the coronavirus, research claims By www.cnbc.com Published On :: Wed, 29 Apr 2020 14:36:19 GMT Researchers at Cambridge University and the U.S. Federal Reserve Board found that imposing no lockdown measures in the face of Covid-19 was "extremely risky" for developed economies. Full Article
ea 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
ea Fed pledges to keep rates near zero until full employment, inflation come back By www.cnbc.com Published On :: Wed, 29 Apr 2020 21:32:10 GMT The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy. Full Article
ea Plunge in health-care spending a big reason US economy sank in first quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 22:44:52 GMT The coronavirus crisis actually caused consumer health-care spending to plunge 18% in Q1. Full Article
ea 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
ea 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
ea Treasury launches 20-year bond to help fund the record borrowing needed this quarter By www.cnbc.com Published On :: Wed, 06 May 2020 14:26:37 GMT An auction May 20 will feature a sale of $20 billion worth as part of an effort to push the record-setting debt levels further out in terms of duration. Full Article
ea NIH doesn't expect the coronavirus to rapidly mutate like the seasonal flu By www.cnbc.com Published On :: Thu, 07 May 2020 20:42:16 GMT "We don't think it will have this very rapid seasonal change that we have to deal with influenza," the head of the NIH tells Congress. Full Article
ea California Gov. Gavin Newsom unveils health guidelines for retailers and manufacturers to reopen starting Friday By www.cnbc.com Published On :: Fri, 08 May 2020 01:09:46 GMT California Gov. Gavin Newsom announced on Thursday a list of health guidelines that retailers, manufacturers and warehouses must adopt to begin offering curbside pick-up as early as Friday. Full Article
ea California identifies nail salons as source of coronavirus community spread, Gov. Newsom says By www.cnbc.com Published On :: Fri, 08 May 2020 15:21:23 GMT Unlike some other states that have announced reopenings, California nail salons won't be allowed to reopen until the state's phase 3. Full Article
ea 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