People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin. Andy Manis | Getty Images News | Getty Images The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper. “Health care […]
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U.S. stocks futures little changed after record day on Wall Street
U.S. stock futures were little changed early Wednesday morning following a banner day for three of the for major market benchmarks. Dow Jones Industrial Average futures traded lower by 18 points. S&P 500 futures and Nasdaq 100 futures traded marginally higher. The Dow broke above 30,000 for the first time […]
Trump’s tariffs could give Biden ‘leverage’ over China, former White House trade negotiator says
President Donald Trump’s trade tariffs have created “leverage” that the incoming Biden administration could use to get the outcomes it wants on the international stage, said former top White House trade negotiator Clete Willems. Trump slapped elevated tariffs on major trading partners such as China, Canada and the European Union […]
Nikola shares fall after CEO fails to reassure investors GM won’t pull out of $2 billion deal
Nikola Motor Company Two truck Source: Nikola Motor Company Shares of embattled electric vehicle start-up Nikola Corp. fell by more than 8% in afterhours trading after CEO Mark Russell failed to reassure investors that the company’s $2 billion deal with General Motors would still go through and that ousted founder […]
Texas food bank doubles amount of people it serves amid coronavirus pandemic
Eric Cooper, CEO of the San Antonio Food Bank, told CNBC that his Texas food bank now feeds double the amount of people it used to compared to before the coronavirus pandemic gripped the United States. “Pre-pandemic we fed about 60,00 people a week and now we’re seeing about 120,000 […]
Dow futures rise more than 100 points after record day on Wall Street
U.S. stock futures rose on Tuesday night following a banner day for three of the for major market benchmarks. Dow Jones Industrial Average futures traded higher by 132 points, or 0.4%. S&P 500 futures climbed 0.4% and Nasdaq 100 futures advanced 0.6%. The Dow broke above 30,000 for the first […]
Biden’s pick for foreign policy head affirms a push to get allies on board with U.S. policy on China
Deputy Secretary Antony Blinken chairs the Strategic Track Plenary Session during the seventh U.S. China Strategic and Economic Dialogue at the U.S. State Department in Washington DC, June 24, 2015. Chris Kleponis | AFP | Getty Images BEIJING — As names emerge for President-elect Joe Biden‘s Cabinet, the new U.S. […]
‘The Croods: A New Age’ has a solid voice cast but its story is ‘hyperactive’ and ‘uninspired,’ critics say
Clark Duke, Kailey Crawford and Cloris Leachman voice Thunk, Sandy and Gran in “The Croods: A New Age” Universal Remember “The Croods?” It wouldn’t be surprising if your answer was “no.” The Dreamworks Animation film seemed to blip on the radar in 2013 and disappear despite racking up $600 million […]
Jim Cramer on Dow hitting 30,000: Beating Covid-19 will be ‘like the end of Prohibition’
When the U.S. can fully open up and get to the other side of the coronavirus crisis, Wall Street will celebrate like its 1933, according to CNBC’s Jim Cramer. In his first reaction to a banner day for the Dow Jones Industrial Average, where the blue-chip index broke through and […]
Market’s record run is far from the finish line, Oppenheimer’s chief strategist predicts
Dow 30,000 may just be the beginning. Oppenheimer Asset Management’s John Stoltzfus believes the Dow’s record high on Tuesday is justified despite the nation’s battle against surging coronavirus cases. He lists a resilient economy as the major factor for optimism. “Very simply, the fundamentals are improving and prospects for them […]