This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 1,446,500 Global deaths: At least 82,992 US cases: More than 399,900 US deaths: At least 12,911 The data above
Month: April 2020
These handmade scissors have been produced in Sheffield, England, for over 100 years. But compared to a $2 mass-produced pair, the kitchen scissors will cost you over $100, and a pair of professional tailor’s shears cost $315. So just what is it that makes them so expensive? For more from Ernest Wright: https://www.ernestwright.co.uk/ MORE SO
The Batmobile made for the 1960’s TV show by George Barris will be up for auction in January for the first time.
A Japanese male businessman typing on a laptop computer. kazuma seki Whether you were looking for a new job before the coronavirus pandemic hit or have lost your job because of it, one thing is clear: Getting hired now isn’t going to be so easy. “We’re seeing a lot of interviews rescheduled or canceled,” said Emily
Younger investors have lately been buying shares of cruise lines, two Wall Street strategists told CNBC on Monday. TD Ameritrade‘s JJ Kinahan said Royal Caribbean and Carnival Corp. have been two stocks that the brokerage firm’s millennial clients have added to their portfolio in the month of Month. “At first you might be like, ‘Oh
U.S. stock futures were slightly higher in overnight trading and pointed to modest gains at the open on Wednesday, continuing a volatile week for stocks gripped by the coronavirus shutdown. Dow futures rose about 50 points, indicating a gain of 0.1%. The S&P 500 and Nasdaq Composite were also set to open in the green,
U.S. President Donald Trump responds to a question about the Department of Health and Human Services Inspector General’s report on the shortage of novel coronavirus tests for hospitals during the daily coronavirus task force briefing at the White House in Washington, U.S., April 6, 2020. Kevin Lemarque | Reuters President Donald Trump blamed the World Health
Business Insider joined a Bakerloo line driver on her daily routine driving a train on the London Underground. Jackie Moriarty has been a driver for 19 years. She told us the things she likes, dislikes, and has experienced while working for Transport for London. Being a Tube driver can be quite demanding, requiring long periods of concentration
damircudic Stay … Assuming there’s no outstanding loan, ask yourself if there’s a chance you’ll return to this employer. “If yes, leave it alone,” Parks said. “There are provisions to let you rejoin the plan, and you will get credit for time served.” You could stay in the plan, most likely, if your account balance
My colleague, Jim Cramer, made a very interesting recommendation Monday morning, calling on the U.S. Treasury to issue a $1 trillion, 30-year “war bond” to finance out battle against the coronavirus. He pitched the idea on CNBC to Larry Kudlow, who chairs the White House National Economic Council and promised to propose the idea directly
Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company’s dividend is safe for the time being. “A lot of our shareholders are retail shareholders — people who depend on that dividend — so we’ve been pretty committed to maintaining that
A customer arrives at a Darden Restaurants Inc. Olive Garden location in San Antonio, Texas, U.S., on Thursday, June 14, 2018. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants said Tuesday it is furloughing some restaurant support center employees and slashing executive pay as same-store sales plummet 39% so far in the fourth quarter. Shares
A framing art gallery is closed in Venice Beach, California’ during the COVID-19 novel coronavirus. APU GOMES/AFP via Getty Images Some small-business owners are growing increasingly worried that loan money being distributed as part of the coronavirus relief package will run out before they can access funds. The Paycheck Protection Program, which is being overseen
Blue Origin’s headquarters in Kent, Washington. Blue Origin Jeff Bezos’ space venture Blue Origin confirmed on Monday that two employees at its Seattle-area headquarters tested positive for coronavirus. The employees, who are married couple, work at Blue Origin’s headquarters in Kent, Washington and were last in the office about two weeks ago. The company has
The coronavirus chaos has turned a historical market trend on its head. According to Bespoke Investment Group co-founder Paul Hickey, buying and holding stocks in extended hours trading has morphed into a losing proposition for investors. Typically, it has been a time frame that’s more profitable than buying at the open and selling at the
Health workers wear protective masks as they observe a minute’s silence at the entrance of the Hospital Doctor Peset in remembrance of nursing staff who have died due to coronavirus (COVID-19) on April 06, 2020 in Valencia, Spain. Rober Solsona | Europa Press News | Getty Images The World Health Organization is urging countries to
Rolling coins is one way of teaching kids about money. Michelle Fox | CNBC With many schools shut down to protect against coronavirus exposure, many parents have found themselves in a new role: teacher. So why not add some personal finance to your lesson plans? “This is the most amazing opportunity for doing things with
Astra tests a rocket at its headquarters on the San Francisco Bay in Alameda, California. Astra Rocket builder Astra, a San Francisco-area startup, recently reduced its staff through a mix of furloughs and layoffs in order to survive delays caused by the coronavirus pandemic, a person familiar with the situation told CNBC. Astra cut its overall
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC Jamie Dimon, CEO of JPMorgan Chase, released his widely-read annual letter on Monday. “We have the resources to emerge from this crisis as a stronger country,”
An American Airlines passenger jet (Boeing 737) lands at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images American Airlines on Sunday slashed service to the main airports serving New York City, as the region, a coronavirus hotspot, becomes more isolated. The Fort Worth, Texas-based airline said it will
Author Simon Sinek speaks on stage during the Massachusetts Conference For Women 2019 in Boston on Dec. 12, 2019. Marla Aufmuth/Getty Images for Massachusetts Conference for Women 2019 Motivational speaker and author Simon Sinek also prefers to include another title alongside his name: optimist. Sinek’s books include titles like, “Find Your Why: A Practical Guide
One of the advantages of being in the investment business for as long as I have is that, in times of incredible market distress, I get to invoke that wry and somewhat misleading saying, “Well, this isn’t my first rodeo.” Another advantage is that my past was full of so many research assignments that I
A Cal Fire firefighter monitors a burning home as the Camp Fire moves through the area on November 9, 2018 in Magalia, California. Justin Sullivan | Getty Images First responders are preparing for raging wildfires that they expect will consume thousand of acres and drive some residents from their homes in upcoming months. But this
A shopper and cashier both wear masks, gloves and the cashier also has on a plastic visor at the checkout station Pat’s Farms grocery store on March 31, 2020 in Merrick, New York. Al Bello | Getty Images With most Americans living under-stay-home orders during the coronavirus pandemic, trips to the grocery store are one
Elenaleonova | Getty Images Online tax preparation service TurboTax has launched a free stimulus registration website so that Americans who do not typically file tax returns can get their relief checks faster. Millions of Americans are slated to get one-time government checks of up to $1,200 or $2,400, based on whether they are single or
Kynikos Associates Founder Jim Chanos told CNBC on Thursday that he just closed a bet against Chinese coffee chain Luckin on Thursday after first taking a short position earlier in the year on advice from fellow short-seller Carson Block and his firm, Muddy Waters Research. Luckin Coffee is down more than 70% on Thursday after
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and Russia’s Energy Minister Alexander Novak are seen at the beginning of an OPEC and NON-OPEC meeting in Vienna, Austria December 6, 2019. Leonhard Foeger | Reuters The virtual meeting between OPEC and its allies scheduled for Monday has been postponed, sources familiar with the
A worker uses a thermometer to check the temperature of a customer as she enters a Starbucks shop as the country is hit by an outbreak of the new coronavirus, in Beijing, China January 30, 2020. A worker uses a thermometer to check the temperature of a customer as she enters a Starbucks shop as
Damircudic As the country grapples with an unprecedented pandemic that’s left millions of Americans unemployed, the U.S. Department of Education is giving most federal student loan borrowers a break from their monthly bills until at least October. That reprieve started on March 13 and goes until Sept. 30. And during that time, no interest will
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America says it is capable of accepting online applications for the government’s $350 billion small business relief program, becoming the first major bank to make that announcement. Just minutes earlier on Friday, none of the websites of four of the biggest U.S. banks —