CNBC News

While markets reacted positively this week to promising news of potential coronavirus vaccines in development, a top economist warned that the economic hit from the pandemic will be here for a long time.  A large number of small businesses that closed in March — when restrictions around social movements went into […]

Fiat Chrysler and Waymo have agreed on an exclusive deal to develop self-driving commercial vehicles, an area some believe could be the first widespread utilization of autonomous technology. Waymo, a unit of Alphabet, will work with the Italian-American automaker to integrate its autonomous driving system, which it calls the “Waymo […]

U.S. stock futures rose in overnight trading ahead of major technology earnings from Microsoft and Tesla on Wednesday.  Dow futures rose 128 points. Futures also pointed to a higher open for the S&P 500 and Nasdaq-100. A few disappointing company earnings after the bell Tuesday weighed on investor sentiment. Shares of […]

President Donald Trump’s belated endorsement of face masks sparked a rally in the recovery stocks, CNBC’s Jim Cramer said Tuesday. The president’s newfound appreciation for mask-wearing takes away the leading voice for the anti-face covering crowd and should tamp down on the culture and political clash that brewed from the […]

Tokyo Governor Yuriko Koike during a press conference at the Tokyo Metropolitan Government office. Kazuhiro Nogi | AFP | Getty Images As the one-year countdown gets underway for the postponed 2020 Tokyo Summer Olympics, the athletes aren’t the only participants gearing up for the biggest battle of their career. Tokyo […]

The Senate on Tuesday rejected a bipartisan proposal to impose strict conditions on the transfer of Defense Department military gear to civilian police departments, despite an outcry over the program amid a wave of protests against racism and police brutality. The Senate voted 51-49 for an amendment to the National Defense […]

Twitter announced on Tuesday it has begun taking sweeping actions to limit the reach of QAnon content and banned many of the conspiracy theory’s followers due to ongoing problems with harassment and the dissemination of misinformation. Twitter will stop recommending accounts and content related to QAnon, including in email and […]

U.S. stock futures rose slightly in overnight trading ahead of major technology earnings from Microsoft and Tesla on Wednesday.  Dow futures rose 80 points. The S&P 500 and Nasdaq-100 futures rose 0.2% and 0.15%, respectively.  A few disappointing company earnings after the bell Tuesday weighed on investor sentiment. Shares of Snap […]

U.S. lawmakers are back on Capitol Hill this week and will be seeking to pass another virus relief bill, just as extended benefits are set to expire. House Minority Leader Kevin McCarthy, R-Calif., said Tuesday it’s likely the next coronavirus relief bill won’t pass until early August. President Donald Trump resume his daily […]

Shareholders watch the stock market in a securities business hall. Nanjing, Jiangsu Province, China, 6 July 2020. Costfoto | Barcroft Media | Getty Images China’s recent stock market rally is raising fears that it’s being driven by retail investors indulging in leverage-fueled risky trading which caused a spectacular crash back […]