Laura Crovo has spent more than 10 months not feeling entirely well. While the 41-year-old Marylander has improved vastly since testing positive for Covid last April, she continues battling a racing heart (tachycardia), a lingering cough and periodic fatigue. On top of that, she and her husband, parents of two […]
CNBC News
Victoria’s Secret owner L Brands shares rise after retailer hikes outlook, reinstates dividend
Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands shares shot up nearly 7% in premarket trading Friday after the company hiked its profit outlook for the current quarter, and said it would be reinstating […]
The housing market stands at a tipping point after a stunningly successful year during the pandemic
A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020. Saul Loeb | AFP | Getty Images No one could have predicted it. Not the economists, not the real estate agents, and especially not the nation’s homebuilders. But a pandemic […]
S&P 500 futures fall a day after benchmark hits record as 10-year yield jumps
Futures contracts tied to the major U.S. stock indexes traded lower early Friday as the 10-year yield jumped, rekindling fears that rising rates will take the comeback momentum out of equities, especially tech names. The move comes a day after the S&P 500 closed at a record as President Joe […]
Here’s what the buyer of Beeple’s NFT digital art actually gets for $69 million
Digital artist Beeple is “a rich man” after his non-fungible token sold for nearly $70 million at auction, Noah Davis, a postwar and contemporary art specialist at Christie’s, told CNBC on Thursday. Davis made the comments in an interview on “Power Lunch” after the bidding window at Christie’s closed earlier Thursday. […]
More countries suspend AstraZeneca vaccinations over blood clot fears: What we know so far
A health worker holds a box of the AstraZeneneca vaccine at the Bamrasnaradura Infectious Diseases Institute in Nonthaburi province on the outskirts of Bangkok. Chaiwat Subprasom | SOPA Images | LightRocket via Getty Images LONDON — The coronavirus vaccine developed by AstraZeneca and the University of Oxford has now been […]
Stock futures turn negative after S&P 500 notches record
Tourists take a picture with the market bull near the New York Stock Exchange. Getty Images Futures contracts tied to the major U.S. stock indexes traded lower early Friday after the S&P 500 closed at a record high and President Joe Biden signed landmark stimulus legislation. Dow futures fell 48 […]
Hong Kong legislature will be ‘largely ceremonial’ after China revamp, says ex-U.S. diplomat
A former U.S. diplomat said China’s latest move to tighten its control over Hong Kong will turn the semi-autonomous region’s legislative body into something that’s “largely ceremonial.” “I think what we’ll see in the years ahead is that the legislative council … will become a largely ceremonial organization — similar […]
Stock futures mixed after S&P 500 notches record
Tourists take a picture with the market bull near the New York Stock Exchange. Getty Images Futures contracts tied to the major U.S. stock indexes traded mixed early Friday after the S&P 500 closed at a record high and President Joe Biden signed landmark stimulus legislation. Dow futures added 52 […]
A year on, Europe faces slow Covid vaccine rollouts and fears of another wave
A healthcare worker cares for a Covid-19 patient in the ICU ward at the Robert Bosch Hospital in Stuttgart, Germany, on Tuesday, Jan. 12, 2021. Chancellor Angela Merkel warned that Germany faces hard lockdown measures into late March if authorities fail to contain a fast-spreading variant of the coronavirus. Bloomberg […]