ar 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
ar 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
ar 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
ar Hilton is in a good position to withstand the coronavirus: Macquarie By www.cnbc.com Published On :: Fri, 08 May 2020 13:56:27 GMT As the travel and tourism industry struggles with the fallout from the coronavirus, Chad Beynon of Macquarie explains why Hilton's franchise business model makes it resilient in this challenging environment. Full Article
ar 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
ar Shanghai Disneyland tickets sellout for opening day, signaling pent up demand for theme parks By www.cnbc.com Published On :: Fri, 08 May 2020 15:14:27 GMT It seems Chinese consumers aren't afraid to return to theme parks. Tickets for Monday's reopening of Shanghai Disney sold out within minutes. Full Article
ar 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
ar 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
ar Outback parent company Bloomin' Brands doubles down on takeout business after sales triple By www.cnbc.com Published On :: Fri, 08 May 2020 21:51:12 GMT Investing in delivery in recent years, including a rewards program and digital ordering, has paid off for Bloomin' in the long run and will continue to pay off going forward, Deno said. Full Article
ar 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
ar 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
ar The Fed may provide more details on the policy 'bazooka' it fired to help markets By www.cnbc.com Published On :: Tue, 28 Apr 2020 23:17:37 GMT The Fed is not expected to adjust rates but it could provide details on the unprecedented moves it has made to fight the virus impact. Full Article
ar US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis By www.cnbc.com Published On :: Wed, 29 Apr 2020 13:49:31 GMT This marked the first negative GDP reading since the 1.1% decline in the first quarter of 2014 and the worst level since the 8.4% plunge in Q4 of 2008 during the worst of the financial crisis Full Article
ar 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
ar 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
ar 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
ar 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
ar 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
ar 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
ar 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
ar Test, trace, isolate: Governments need to do these three things before reopening economies, expert warns By www.cnbc.com Published On :: Tue, 05 May 2020 12:44:07 GMT A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second surge in coronavirus infections. Full Article
ar Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter By www.cnbc.com Published On :: Tue, 05 May 2020 22:07:16 GMT "More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC. Full Article
ar 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
ar 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
ar NY Gov. Cuomo says he won't sacrifice human lives to reopen the economy: The argument is 'absurd' By www.cnbc.com Published On :: Thu, 07 May 2020 19:36:43 GMT "This is not a situation where you can go to the American people and say, 'How many lives are you willing to lose to reopen the economy?' We don't want to lose any lives," Cuomo said. Full Article
ar 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
ar 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
ar 5 things to know before the stock market opens Friday By www.cnbc.com Published On :: Fri, 08 May 2020 12:50:56 GMT Stock futures rise as traders look past the jobs collapse and take comfort in new promises from U.S. and China trade negotiators. Full Article
ar New York City partners with Salesforce on coronavirus contact tracing program, mayor says By www.cnbc.com Published On :: Fri, 08 May 2020 17:25:25 GMT Salesforce will deploy a call center as well as a customer relationship and case management system that will help the city track potential cases and isolate people before they become sick, de Blasio said. Full Article
ar 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
ar New York investigates coronavirus in children after 5-year-old NYC boy dies from complications, Gov. Cuomo says By www.cnbc.com Published On :: Fri, 08 May 2020 18:11:16 GMT New York is investigating how Covid-19 impacts children after a 5-year-old boy in New York City died due to coronavirus-related complications, Gov. Andrew Cuomo said Friday. Full Article
ar 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
ar Could US LNG exports actually scare Russia? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Myron Brilliant, Executive VP & Head of International Affairs at the U.S. Chamber of Commerce, explains how increased U.S. LNG exports could impact Russia's standoff with Ukraine. Full Article
ar Are markets overreacting to Yellen? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Randy Kroszner, Professor Of Economics at the University of Chicago Booth School of Business, discusses the selloff on Wall Street after Yellen indicated that rate hikes could happen sooner than expected. Full Article
ar 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
ar Impressed by PetroChina's earnings: Barclays By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Somshankar Sinha, Director, Asia ex-Japan Oil & Gas Research at Barclays, highlights the firm's lower capex spending as a key area to look out for in the year ahead. Full Article
ar This may have slowed down MH370 search By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Hans Weber, President at Tecop International, says the time-consuming process of analyzing satellite data could have slowed down the flow of information available for the search for MH370. Full Article
ar Major sanctions on Russia are 'unlikely': INSEAD By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Antonio Fatas, Professor of Economics at INSEAD, says it is unlikely that the West will impose hard-hitting economic sanctions upon Russia. Full Article
ar Are markets right to bet on China stimulus? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Julia Wood and Adam Bakhtiar discuss the possibility of Beijing moving in on fresh stimulus measures to prop up its economy. Full Article
ar MH370 was not hijacked: Ribbeck Law Chartered By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Monica Kelly, Partner at Ribbeck Law Chartered, explains the firm's filing of a court petition against Malaysia Airlines and Boeing for the disappearance of the former's flight 370. Full Article
ar Asian shares up on China's NPC but China stocks fall By www.cnbc.com Published On :: Thu, 24 Apr 2014 00:08:40 GMT Asian stocks were mostly higher Wednesday, boosted by overnight gains on Wall Street and unveiling of China's official 2014 GDP growth target. Full Article
ar A new 'Cold War' has begun as US-China tensions rise, says former White House official By www.cnbc.com Published On :: Tue, 05 May 2020 05:02:29 GMT A new Cold War is emerging from the ongoing U.S.-China geopolitical tensions, says Clete Willems, an Akin Gump partner and former White House official. He cites the "growing frustration" with China's economic policies and resistance to investigations for its alleged coronavirus involvements. Full Article
ar 'This is the start of a new Cold War,' former Trump trade official says of rising US-China tensions By www.cnbc.com Published On :: Tue, 05 May 2020 06:52:10 GMT Among the latest disputes between the U.S. and China is the origin of the coronavirus, which has infected more than 3 million people and killed over 250,000 globally, data by Johns Hopkins University showed. Full Article
ar Oil prices to trade above 50 dollars again next year: ING By www.cnbc.com Published On :: Wed, 06 May 2020 00:51:42 GMT Warren Patterson of ING explains why he sees a rebound in oil prices next year. Full Article
ar 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
ar 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
ar The risk for another US-China trade war is increasing: Strategist By www.cnbc.com Published On :: Wed, 06 May 2020 04:01:08 GMT Mitul Kotecha of TD Securities tells CNBC's Squawk Box Asia that the rising tensions between U.S. and China over COVID-19 could make it hard to uphold the Phase One trade deal, risking another trade war. Full Article
ar Even if China sells US treasuries, demand from other sources will keep the dollar elevated: TD Securities By www.cnbc.com Published On :: Thu, 07 May 2020 02:50:50 GMT According to Mark Mccormick of TD Securities, there lacks a realistic alternative in the currencies markets, so even if China sells U.S. treasuries, demand from other sources will come in and keep the U.S. dollar elevated for the next couple of months. Full Article
ar Markets have priced in bad economic data, but not trade tensions: Strategist By www.cnbc.com Published On :: Thu, 07 May 2020 03:47:06 GMT Markets are unlikely to react to bad economic data in the second quarter, says Brian Belski of BMO Capital Markets, adding that any volatility seen near-term will be from a resurgence in U.S.-China trade tensions. Full Article
ar 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