People can still be arrested for not wearing a mask in Texas businesses, despite Gov. Greg Abbott rescinding his statewide mask order, which lifts Wednesday. Houston Police Chief Art Acevedo, who delivered a strong message to Texans who refuse to comply with private businesses’ policies on wearing masks, said that […]
CNBC News
Trump tells donors to give money to him, not Republicans ‘in name only’
Former U.S. President Donald Trump addresses the Conservative Political Action Conference (CPAC) held in the Hyatt Regency on February 28, 2021 in Orlando, Florida. Joe Raedle | Getty Images Former President Donald Trump is competing with the GOP’s fundraising operation and lashing out at its members, further complicating his status […]
Stock futures are flat in overnight trading after Nasdaq’s best day since November
A Nasdaq market maker works at the Nasdaq Market site in New York, May 2, 2019. Brendan McDermid | Reuters Stock futures were flat in overnight trading Tuesday following a sharp rebound in technology shares amid falling bond yields. Futures on the Dow Jones Industrial Average were little changed. S&P […]
Roblox goes public Wednesday — here’s how indie game makers turned it into a $30 billion company
Bad Business on Roblox Bad Business Ethan Gawronski was about 10 years old when he discovered Roblox. He dove into its games, mostly to socialize with other kids. Now, at age 20, Gawronski has his own Roblox game that he works on full time with his girlfriend, Elle Deppe. The […]
CEO of Airstream maker Thor Industries expects hot RV market to continue post pandemic
Thor Industries CEO Bob Martin told CNBC on Tuesday he expects to see strong demand for recreational vehicles even after the coronavirus pandemic has passed, buoyed in part by a growing appeal to younger travelers. “As we get into this next generation of buyers, the millennial generation is larger than the boomers, […]
Microsoft’s big email hack: What happened, who did it, and why it matters
One week ago, Microsoft disclosed that Chinese hackers were gaining access to organizations’ email accounts through vulnerabilities in its Exchange Server email software and issued security patches. The hack will probably stand out as one of the top cybersecurity events of the year, because Exchange is still widely used around […]
Market bull Jeremy Siegel warns the Nasdaq rebound will unravel, favors value stocks
The Nasdaq rebound may last shorter than a New York minute. Wharton School finance professor Jeremy Siegel sees near-term trouble, saying the backdrop is dramatically supporting the reopening trade over Big Tech and growth plays. “I’ve been extremely bullish here for nine months,” he told CNBC’s “Trading Nation” on Tuesday. “This […]
Stock futures inch higher in overnight trading after Nasdaq’s best day since November
A Nasdaq market maker works at the Nasdaq Market site in New York, May 2, 2019. Brendan McDermid | Reuters Stock futures edged higher in overnight trading Tuesday following a sharp rebound in technology shares amid falling bond yields. Futures on the Dow Jones Industrial Average rose 40 points. S&P […]
Fauci warns U.S. Covid cases may ‘plateau again at an unacceptably high level’
Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies before the Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington DC on June 30, 2020 in Washington, DC. Kevin Dietsch | AFP via Getty Images White House Chief Medical Advisor […]
Yellen promises local aid will be distributed quickly after stimulus is passed
Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, March 5, 2021. Tom Brenner | Reuters Treasury Secretary Janet Yellen vowed Tuesday that money appropriated for state and local governmental aid in the new stimulus bill […]