NEW YORK, NEW YORK – SEPTEMBER 20: Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | WireImage | Getty Images Apple has temporarily closed all 53 of its retail stores […]
CNBC News
$600 second stimulus checks could be coming. Here’s who’s first in line to get them
Congress is in eleventh hour talks to green light a second round of stimulus checks for U.S. households. If they do, cash payments could reach many Americans within weeks. Yes, hopes for fresh pandemic aid have been dashed before, but this time really does look to be different. Lawmakers are trying to tie the […]
Trump contradicts Pompeo, plays down alleged Russian role in cyberattack
U.S. President Donald Trump speaks to the press in the James Brady Press Briefing Room at the White House on November 20, 2020 in Washington, DC. Tasos Katopodis | Getty Images President Donald Trump suggested Saturday that China might have been behind a cyberattack affecting multiple U.S. government agencies and […]
The U.K. has identified a new Covid-19 strain that spreads more quickly. Here’s what they know
England’s top medical officer on Saturday announced that the U.K. has identified a new variant of the coronavirus that “can spread more quickly” than prior strains of the virus, leading Prime Minister Boris Johnson to impose fresh restrictions on parts of the nation to control its spread. “We’re learning about […]
‘The Mandalorian’ launched Disney+, now it has the goodwill to usher in a new era of Star Wars
The Child, popularly known as “Baby Yoda,” is a character in the new Disney+ series, “The Mandalorian” Episodic Photos, Disney *This post contains spoilers for “The Mandalorian” season two.* When the final credits rolled on “Star Wars: The Rise of Skywalker,” fans who had eagerly awaited the final chapter in the Skywalker […]
Diversity, inequality metrics will see ‘a lot of scrutiny’ next year as ESG investing grows, MSCI says
Diversity will be top of mind for investors in the year ahead, says a leading MSCI researcher. The Nasdaq’s recent proposal to require more diversity on boards of companies listed on the exchange is just one example of a sustained push that is likely to strengthen, Linda-Eling Lee, global head […]
After suing Facebook, the FTC has a chance to show critics it’s not toothless
With its groundbreaking antitrust lawsuit against Facebook, the Federal Trade Commission is facing more than just a fight against a multi-billion dollar tech giant — it’s battling to regain credibility that could determine its future. The FTC was roundly criticized by lawmakers on both sides of the aisle following privacy […]
Spotify made huge investments in podcasts — here’s how it plans to make them pay off
People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City. Spencer Platt | Getty Images Since 2019, Spotify has spent hundreds of millions of dollars investing in podcasts. […]
Searching for the next buyers of this bull market with inflows surging and the consensus long
Traders work on the floor of the NYSE. NYSE With the stock market up nearly 70% in less than nine months, in a year when the S&P 500 made a new record high an average of every eight trading days, as individual investors have already thrown unprecedented sums into equities […]
Pain, despair and poverty reach fever pitch for unemployed workers
Randy Chase, 57, does masonry work on construction crews. With unemployment benefits stalled since April and no savings left, he’s been living in his pickup truck outside of Denver since September, using an electric heater to keep warm. Randy Chase Randy Chase has lived in his pickup truck for months. […]