U.S. Navy multirole fighter landing on the flight deck of USS Ronald Reagan (CVN-76) aircraft carrier as it sails in South China Sea Oct. 16, 2019. Catherine Lai | AFP | Getty Images China said Tuesday that the latest U.S. rejection of Beijing’s claims in the South China Sea unnecessarily […]
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China says its dollar-denominated exports, imports jumped in June, beating expectations of a decline
Aerial view of shipping containers sitting stacked at Lianyungang Port on June 3, 2019 in Lianyungang, Jiangsu Province of China. Wang Jianmin | Visual China Group | Getty Images China’s dollar-denominated exports and imports rose in June, as restrictions eased and countries started to reopen their economies. The June customs data beat […]
Singapore enters recession after economy shrinks more than 40% quarter on quarter
A general view of the Marina Bay Sands, the ArtScience Museum, the Singapore Flyer and the central business district on June 19, 2020 in Singapore. Suhaimi Abdullah | Getty Images Singapore’s economy entered a technical recession after shrinking by 41.2% in the second quarter compared to the previous quarter, advance […]
Tesla cuts Model Y price and cancels standard range version
The new Tesla Model Y is introduced. Tesla has expanded its model range to include an SUV based on the current Model 3. Hannes Breustedt | picture alliance | Getty Images Tesla cut the price of its newest offering, the Model Y, by $3,000, just four months after starting deliveries […]
Seattle Children’s Hospital plans to close its daycare center, highlighting a growing problem for health care workers
Popular: Tutor Doctor, Sylvan LearningWhy it’s popular: If there’s one thing people are still willing to spend money on, it’s their kids. And it’s not just for kids who are having trouble in school. More competitive college admissions standards mean everyone’s looking for an edge.Due diligence: “The services are broad,” […]
Tesla stock went into reverse and took the Nasdaq with it, possibly signaling near-term top
Tesla cars are seen at a shopping mall showroom in Los Angeles. Mark Ralston | AFP | Getty Images The Nasdaq’s stunning reversal, led by Tesla, could signal that big tech has run out of steam and hit a near term top for now, strategists said. Some of the hottest […]
Drugmakers will start coronavirus vaccine production by end of summer, Trump health officials say
In this May 4, 2020 photo provided by the University of Maryland School of Medicine, the first patient enrolled in Pfizer’s COVID-19 coronavirus vaccine clinical trial at the University of Maryland School of Medicine in Baltimore, receives an injection. University of Maryland School of Medicine | AP U.S. health officials […]
Coronavirus live updates: California’s two largest school districts to return online in the fall
19 states set record seven-day averages in daily new cases Across the U.S., 19 states saw new cases reach daily records on Sunday based on an average over the previous seven days, according to a CNBC analysis of data compiled by Johns Hopkins University. That includes Texas, Georgia and Florida, the last […]
California closes indoor restaurants, movie theaters and all bars statewide as coronavirus cases rise
California Gov. Gavin Newsom ordered all bars and all dine-in restaurants, movie theaters, museums and other indoor businesses across the state to close Monday as Covid-19 cases continue to climb. The affected businesses include all operations at bars and the indoor operations at restaurants, wineries and tasting rooms, movie theaters, family entertainment centers, […]
Dow futures rise 100 points ahead of bank earnings
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images U.S. stock futures moved higher in early trading and pointed to gains at the open on Tuesday, as investors eye earnings […]