ar

Grant Thornton's Swonk: I fear how many layoffs will become permanent

Diane Swonk of Grant Thornton and Brent Schutte of Northwestern Mutual join "Squawk on the Street" to discuss the latest jobs numbers and economic fallout of the coronavirus pandemic.




ar

Wholesale inventories fall 0.8% in March

CNBC's Rick Santelli reports the latest wholesale inventories data for the month of March.




ar

Pharma giants granted coronavirus approvals but doubts remain on manufacturing a global vaccine

Experts warn that vaccine timelines look ambitious and argue more thought is needed on manufacturing.




ar

British start-up Culture Trip confirms layoffs as coronavirus hits travel

The London-based company has raised over $100 million from investors but it hasn't been an easy ride.




ar

Total's net profit falls 35% in the first quarter as oil prices slide

Total reported that first-quarter net profit came in at $1.8 billion, down from $2.8 billion over the same period last year.




ar

BNP Paribas' net profit slides as it warns of three 'major negative impacts' from the coronavirus

BNP Paribas reported a fall in net income for the first quarter on Tuesday, as it warned the coronavirus has had three "major negative impacts" on its balance sheet.




ar

Sweden, UK and three other European nations are not seeing a drop in coronavirus cases, EU agency says

The European Union's agency for disease control has said that the U.K. is among five countries in the region that are still not seeing a decline in new coronavirus cases.




ar

Trump's hostility toward a digital tax could unite Europe to implement one, lawmaker says

Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.




ar

EU predicts region will contract 7.4% this year in worst economic shock since 1930s

In February, the European Commission estimated a 1.4% rise in GDP for the EU this year.




ar

Millions of people are expected to fall ill with tuberculosis due to coronavirus lockdown

"This situation makes me sick, because (it) is totally avoidable," Lucica Ditiu, executive director of the Stop TB Partnership, said.




ar

Greece's strict fiscal targets will likely be relaxed in 2021 as well, minister says

Greece might be spared from having to hit strict fiscal targets related to previous bailouts next year, a government official told CNBC, given the ongoing health and economic crises.




ar

UK could start lifting coronavirus lockdown measures from Monday, PM says

"We will want, if we possibly can, to get going with some of these measures on Monday," U.K. Prime Minister Johnson told Parliament.




ar

European airlines drop guidance and warn it could take years for demand to bounce back

A number of European airlines have dropped their financial guidance for the year, as the ongoing coronavirus pandemic creates widespread uncertainty about when business will return to normal.




ar

Washington's heart 'really isn't in it' with Russia sanctions: Director

Samuel Greene, director of the Russia Institute and reader of Russian politics at King's College London, speaks to CNBC about new U.S. sanctions on Nord Stream 2.




ar

US is best positioned to fill India's natural gas needs: Energy Secretary

U.S. Energy Secretary Dan Brouillette talks about the strategic energy partnership with India, and how it will boost trade in oil and natural gas.




ar

Virtual banking will help banks like Standard Chartered cut costs: Fund manager

Virtual banks may compete with traditional banks, but they also help lenders like Standard Chartered cut costs, says Paul Pong of Pegasus Fund Managers.




ar

The economic decline in the first quarter reveals even weaker consumers and more unknowns ahead

Consumers reined in spending faster than expected in the first quarter, probably even before states issued stay-at-home orders.




ar

Jobless claims tally could top 30 million if new filers are close to last week's level

About 4 million workers could have filed for unemployment benefits last week, bringing total claims above 30 million in just six weeks.




ar

Green shoots: Wednesday was one of the most positive days for the stock market on many fronts

Stocks are looking past terrible economic news and finding hope in a reopening economy and the idea that drugs may help fight coronavirus.




ar

Stocks making the biggest moves in the premarket: Twitter, Comcast, McDonald's, Tapestry & more

The stocks making the biggest moves in premarket trading include Twitter, Comcast, McDonald's Tapestry, and more.




ar

Stocks making the biggest moves in the premarket: Exxon, Chevron, Clorox, Honeywell & more

The stocks making the biggest moves in premarket trading include Exxon, Chevron, Clorox, Honeywell, and more.




ar

Stocks making the biggest moves in the premarket: Berkshire Hathaway, Gilead, Disney, Intel & more

The stocks making the biggest moves in premarket trading include Berkshire Hathaway, Gilead, Disney, Intel, and more.




ar

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.




ar

Stocks making the biggest moves in the premarket: Pfizer, DuPont, Wayfair, Shake Shack & more

The stocks making the biggest moves in premarket trading include Pfizer, DuPont, Wayfair, Shake Shack, and more.




ar

Stocks making the biggest moves midday: Starbucks, Chevron, Norwegian Cruise Line, Alphabet & more

Starbucks jumps as the coffee chain rolls out a reopening plan in the U.S. while Chevron leads energy stocks higher amid a surge in crude.




ar

Stocks making the biggest moves in the premarket: GM, CVS, Shopify, Papa John's, Wendy's & more

The stocks making the biggest moves in premarket trading include GM, CVS, Shopify, Papa John's, Wendy's, and more.




ar

This is the jobs number that will show how fast the labor market can heal

Economists are looking at continuing unemployment claims data as the best labor market barometer as states reopen.




ar

Oil rebound may have gone too far, based on just tentative supply and demand improvements

Signs that Americans are driving more are helping lift oil prices, but analysts say a 60% jump in prices in just a week may be too much.




ar

Stocks making the biggest moves in the premarket: Raytheon, ViacomCBS, Moderna, JetBlue & more

The stocks making the biggest moves in premarket trading include Raytheon, ViacomCBS, Moderna, JetBlue, and more.




ar

Stocks making the biggest moves premarket: Macy's, Uber, TripAdvisor, Disney & more

These are the stocks posting the largest moves before the bell on Friday.




ar

Some hope for the recovery in the dismal jobs report: 78% of workers say their layoff is temporary

Nearly 4 in 5 people who lost their jobs in the coronavirus crisis told the government they see their layoffs as temporary.




ar

Stocks are expected to trade the economy's reopening in the week ahead

Investors will watch the economy's reopening, Fed Chairman Powell, and and economic reports, including retail sales in the coming week.




ar

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.




ar

A recent jump in the Aussie dollar may point to further gains

The Aussie dollar could see a spurt higher as recent activity shows it testing a long-term resistance level of 81.




ar

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.




ar

It's a very bearish situation for the US dollar

The U.S. dollar index appears headed toward a level of 85 going by technical indicators that show "a very bearish situation."




ar

The Trump honeymoon with the S&P 500 is over and separation is underway

Marked changes in volatility and direction for the S&P 500 on the chart show investors are exiting on rallies.




ar

The Nikkei is demonstrating a classic chart pattern. Here's what that means

The initial upside target for the Nikkei 225 is the historical resistance level near 23,000, according to Daryl Guppy.




ar

The behavior of the Australian dollar is a contradiction

On the one hand the Australian market is making new 10 year highs, on the other, the Australian dollar has broken a long term uptrend and is rapidly moving towards 12-month, and potentially, two-year lows.




ar

The euro-dollar is in retreat, but there's an opportunity

The unilateral repudiation of the multilateral agreement with Iran and the threat by the US to impose sanctions of countries that continue to do business with Iran carries a much broader threat to the Euro and Euro pairs.




ar

The dollar is set to be on the rebound, expect a potentially fast rally

The key question now is about the strength of the pullback for the dollar, and the potential to develop a new rebound rally, according to Daryl Guppy.




ar

Gold is clearly trending down

There are two downside targets for gold, according to Daryl Guppy.




ar

Why some traders are seeing promise in Shanghai stocks

Aggressive traders are starting to enter the Shanghai market in anticipation of a trend change, writes Daryl Guppy.




ar

Traders are carefully watching for gold's next move

The strongest historical support level for gold is near $1,210 and traders will prepare for a potential rebound from there, writes Daryl Guppy.




ar

What to watch in Australia's market-currency contradiction

The market contradiction with the Australian dollar persists, writes Daryl Guppy.




ar

The dollar's strength appears unabated

The breakout in the U.S. dollar appears to have slowed. Technical features suggest, however, that it is easy for the dollar to develop more upside, Daryl Guppy writes.




ar

Analysis suggests Hong Kong's market is set to decline

Hong Kong's Hang Seng Index is poised for a continuation of its downtrend — with a downside target near 25,200, Daryl Guppy writes.




ar

Australia's currency decline is collateral damage in Trump's trade war

There was a contradiction when Australia's stock market was making new 10-year highs but the currency was posting significant lows. A big question has now been answered, Daryl Guppy writes.




ar

The Nikkei and the Dow are joined at the hip

The Nikkei and the Dow may be joined at the hip when it comes to behavior, but the Nikkei is moving faster, according to Daryl Guppy.




ar

Lawmakers are killing this popular retirement tax break for the wealthy

Lawmakers are severely curtailing the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets for decades.