Invesco’s Kristina Hooper warns the coronavirus is not the biggest threat to the market. She sees flaring U.S.-China trade tensions potentially doing the most harm to stocks. “The pandemic has largely been isolated and neutralized because of all the monetary policy support that the Fed has provided,” she told CNBC’s […]
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World Health Organization warns of ‘second peak’ in areas where coronavirus is declining
World Health Organization (WHO) health emergencies programme Michael Ryan speaks during a press conference following an emergency committee meeting over the new SARS-like virus spreading in China and other nations, in Geneva on January 22, 2020. Pierre Albouy | AFP | Getty Images Countries where coronavirus infections are declining could […]
Trump says he’s no longer taking hydroxychloroquine
U.S. President Donald Trump speaks to reporters as he departs the White House for travel to Michigan during the coronavirus disease (COVID-19) outbreak in Washington, U.S. May 21, 2020. Jonathan Ernst | Reuters President Donald Trump said he had “just finished” taking a two-week course of the antimalarial drug hydroxychloroquine, the […]
Coronavirus live updates: CA issues new guidance for reopening places of worship, U.S. cases top 1.6 million
The number of coronavirus cases in the U.S. topped more than 1.6 million as deaths rose to more than 97,000, a tally from Johns Hopkins University shows. President Donald Trump threatened to pull the Republican convention out of North Carolina if the governor’s coronavirus restrictions impose a limit on the […]
Doctors face pay cuts, furloughs and supply shortages as coronavirus pushes primary care to the brink
Dr Greg Gulbransen performs a medical checkup on a 72-year-old man with Leukemia who is presumed to have the coronavirus disease (COVID-19) while at his pediatric practice in Oyster Bay, New York, U.S., April 13, 2020. Lucas Jackson | Reuters Dr. Rafael Guillen spends a lot of time on the […]
WHO pauses trial of hydroxychloroquine as coronavirus treatment amid safety concerns
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus speaks during a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland, February 28, 2020. Denis Balibouse | Reuters The World Health Organization on Monday temporarily suspended its trial of hydroxycholoroquine, the drug backed by President […]
Lufthansa and German government agree on $9.8 billion rescue package
Ralph Orlowski | Bloomberg | Getty Images The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout. The airline has been in talks with Berlin for weeks over aid to help it to […]
Coronavirus live updates: U.S. cases top 1.6 million, Trump threatens to pull GOP convention out of North Carolina
The number of coronavirus cases in the U.S. topped more than 1.6 million as deaths rose to more than 97,000, a tally from Johns Hopkins University shows. President Donald Trump threatened to pull the Republican convention out of North Carolina if the governor’s coronavirus restrictions impose a limit on the […]
Kevin O’Leary’s advice for small business owners as the economy reopens: ‘Practice being thrifty’
Since late April, states across America have started to reopen, allowing for businesses to open their doors with restrictions. In states like Alabama, Colorado and Florida, for example, retail stores are able to reopen at limited capacity. In others, like Idaho and Kansas, gyms have reopened with precautions in place. But […]
Facebook and Amazon hit records, but not all FAANG stocks have kept up
Facebook, Amazon and Netflix each hit records last week, but not all of the FAANG trade has been so lucky. Apple and Google parent Alphabet remain 3% and 8%, respectively, below their own all-time highs. Todd Gordon, managing director at Ascent Wealth Partners, said all the FAANG stocks remain solid […]