Two workers walk under the wing of a 737 Max aircraft at the Boeing factory in Renton, Washington, March 27, 2019. Lindsey Wasson | Reuters The head of the Federal Aviation Administration has told airlines that it could lift a flight ban on the Boeing 737 Max before midyear, ahead […]
CNBC News
After virus scare, markets look to Fed rate policy to keep stock rally going
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 5, 2019 in New York City. JOHANNES EISELE / AFP / Getty Images With stocks coming off their first losing week of the year, investors will be looking for the Federal Reserve to soothe markets […]
Dow drops 170 points to end the week as coronavirus fears grow
Stocks fell on Friday after the second U.S. case of the deadly coronavirus was confirmed, stoking concerns over the sickness’ impact on the global economy. The Dow Jones Industrial Average closed down 170.36 points, or 0.6%, at 28,989.73 after jumping more than 100 points earlier in the day. Friday also […]
Bonds look like they are flashing a warning for global markets
Traders in the 10-year bond options pit at the Chicago Board of Trade signal orders. Frank Polich | Reuters A key interest rate is moving to levels last seen in the fall when markets were worried about the trade war, and that falling yield may be a warning signal. Investors […]
Whirlpool earnings, new home sales and coronavirus update: 3 things to watch for on Monday
Workers assemble washing machines at the Whirlpool Corp. manufacturing facility in Clyde, Ohio, U.S. Luke Sharrett | Bloomberg | Getty Images Here are the most important things to know about Monday before you hit the door. 1. Whirlpool to report earnings Whirlpool is on deck to release its fourth-quarter earnings […]
National Lacrosse League continues sponsorship streak with AT&T deal
The National Lacrosse League has reached a new six-figure sponsorship deal with entertainment and telecom giant AT&T as it tries to increase its revenue and fan base, league officials told CNBC. The agreement, expected to be announced next week, is the 14th such deal in the last four months. The […]
Dow drops 300 points after a second US coronavirus case is confirmed, airline shares decline
Stocks fell on Friday after the second U.S. case of the deadly coronavirus was confirmed, stoking concerns over the sickness’ impact on the global economy. The Dow Jones Industrial Average traded down 305 points, or 1.1% after jumping more than 100 points earlier in the day. The 30-stock average was […]
34 US troops had brain injuries from Iran’s strike, Pentagon says
A picture taken on January 13, 2020 during a press tour organised by the US-led coalition fighting the remnants of the Islamic State group, shows a view of the damage at Ain al-Asad military airbase housing US and other foreign troops in the western Iraqi province of Anbar. Ayman Henna […]
Stock market live updates: Stocks roll over, fear gauge surges, coronavirus effect, Boeing falls
Traders work on the floor of the New York Stock Exchange, November 26, 2019. Lucas Jackson | Reuters This is a live blog. Check back for updates. 2:01 pm: Airline and hotel stocks tank as coronavirus fears deepen Shares of United Airlines and American Airlines plunged 4.7% and 5.2%, respectively, […]
Greta Thunberg hits back after Mnuchin says she should study economics in college
DAVOS, Switzerland — Swedish climate activist Greta Thunberg hit back at Steven Mnuchin on Thursday, after the Treasury Secretary suggested she needed to study economics in college before lecturing the U.S. on fossil fuel investments. “My gap year ends in August, but it doesn’t take a college degree in economics […]