CNBC News

Technology is moving at warp speed during the coronavirus pandemic, but the IPO process is stuck in place. For a second straight week, a tech company has more than doubled in value upon its stock market debut. Last week, it was Chinese cloud software developer Agora, which surged 150% in […]

Stocks rose on Thursday following a better-than-expected U.S. jobs report as the economy tries to recover from the coronavirus pandemic.  The Dow Jones Industrial Average closed 92.39 points higher, or 0.4%, at 25,827.36. The Nasdaq Composite hit a record high, climbing 0.5% to 10,207.63. The S&P 500 also gained 0.5% to […]

Moderna‘s stock fell by as much as 9.4% in midday trading Thursday after a report said the biotech company’s late-stage trial for a potential coronavirus vaccine will be delayed, possibly by a few weeks. The company, which is working with the National Institutes of Health, was expected to begin a phase 3 […]

Florida, Lakeland, Wal-Mart, T-shirts and clothing display. Jeff Greenberg | Getty Images The U.S. economy added back millions of jobs in June thanks to re-hiring in hard-hit industries like leisure and hospitality. But for some sectors, the road to pre-coronavirus employment recovery may take years — or worse, never occur. Some now […]

Stocks rose on Thursday as investors cheered a bigger-than-expected increase in jobs in June as the economy tries to claw back from the coronavirus shutdown. The Dow Jones Industrial Average traded 282 points higher, or 1.1%. The Nasdaq Composite hit a record high, climbing 0.9%. The S&P 500 gained 1.1%. Boeing […]

Jeffrey Epstein and Ghislaine Maxwell attend de Grisogono Sponsors The 2005 Wall Street Concert Series Benefitting Wall Street Rising, with a Performance by Rod Stewart at Cipriani Wall Street on March 15, 2005 in New York City. Joe Schildhorn | Patrick McMullan | Getty Images The FBI arrested Jeffrey Epstein’s […]

Moderna‘s stock fell 8% on Thursday after a report said the biotech company’s late-stage trial for a potential coronavirus vaccine will be delayed, possibly by a few weeks. The company, which is working with the National Institutes of Health, was expected to begin a phase 3 trial with 30,000 participants for its […]

California, Michigan and New York City became the latest areas on Wednesday to pause some aspects of their reopening efforts as new cases spike across the country. Amid the surge, President Donald Trump said he’s “all for masks,” but he doesn’t think the U.S. needs a national mandate for people to wear them […]

Sam Lyon likes a good challenge.  And when his new job fell through because of a coronavirus hiring freeze, Lyon wanted to aim high. That’s when Lyon, 26, decided to create what he calls the “Uber Eats Challenge.” The Salem, Oregon, resident committed to doing deliveries for 12 hours per […]

A young woman at work. Olga Reznikova The coronavirus pandemic has had a profound impact on the global jobs market, according to data compiled by LinkedIn, with the economic crisis forcing businesses to cut jobs and slow hiring in most areas. A report from the United Nations’ International Labour Organization […]