A military officer next to the USNS Comfort Navy hospital ship located at Pier 90 to care for patients not related to Covic-19 on March 31, 2020 in New York City. Pablo Monsalve | Getty Images Multiple coronavirus patients spent Friday night aboard the USNS Comfort after federal officials said the Navy hospital ship was
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Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and Russia’s Energy Minister Alexander Novak are seen at the beginning of an OPEC and NON-OPEC meeting in Vienna, Austria December 6, 2019. Leonhard Foeger | Reuters The virtual meeting between OPEC and its allies scheduled for Monday has been postponed, sources familiar with the
Mohamed El-Erian said Wednesday he would be hesitant to put cash to work, arguing the stock market is still on a downward trend due to the coronavirus pandemic. But he offered a roadmap for investors who feel inclined to add to their portfolios. “Whatever cash you have, divide it over five installments,” El-Erian said on CNBC’s “Squawk Box,” suggesting dollar
Elenaleonova | Getty Images Online tax preparation service TurboTax has launched a free stimulus registration website so that Americans who do not typically file tax returns can get their relief checks faster. Millions of Americans are slated to get one-time government checks of up to $1,200 or $2,400, based on whether they are single or
Daniel Chan is among a number of small-business owners who rely on the tech industry’s parties and conferences and are now staring at blank calendars with no idea of when they will be able to return to their livelihoods. Courtesy of Daniel Chan Daniel Chan makes a good living doing magic shows around the San
People across the UK appear to be adhering to social distancing rules despite the temptation to go out in the sunny weather, Cabinet Office Minister Michael Gove has said. Police face “one of their biggest challenges” of the coronavirus lockdown as the weather improves. Mr Gove told the government’s briefing that people must “respect” lockdown.
A worker walks through a baggage claim area at a nearly-empty O’Hare International Airport on April 2, 2020 in Chicago, Illinois. Scott Olson | Getty Images The Department of Transportation said Friday that airlines must give customers refunds when flights are canceled or significantly delayed amid coronavirus. The agency said it has received an increasing
Silver Diner regional manager Omar Martinez, chef Ricardo Alvarez and operating partner Mandeep Shrestha carry out the last of that day’s 400 free meals to be given away during the coronavirus pandemic April 02, 2020 in Gaithersburg, Maryland. Chip Somodevilla | Getty Images Activity in the U.S. services sector slowed down in March as business
JPMorgan CEO Jamie Dimon told employees in a memo Thursday he is “happy to be back at work” following emergency heart surgery last month. “I have been recuperating well and getting stronger every day, and I am happy to be back to work this week — albeit working remotely like so many of you,” Dimon
SIphotography | Getty Images It’s been about a week since Congress pushed through a new bill that will send $1,200 stimulus payments to millions of Americans. And your questions about who is eligible for that money and how soon it could arrive keep on coming. Individuals with adjusted gross income of up to $75,000 stand
Jourdain Degarmo, CEO of Mr. Muggles’ Dogs Joe Drypolcher Jourdain Degarmo had to lay off all seven employees from his doggie day care in San Francisco last month after California’s shelter-in-place order required non-essential workers to stay home. Degarmo has continued paying salaries with his cash on hand but needs help from the government to keep
Volunteers from Basij forces wearing protective suits and face masks spray disinfectant on the streets, amid the coronavirus disease (COVID-19) fears, in Tehran, Iran April 3, 2020. WANA (West Asia News Agency)/Ali Khara via REUTERS ATTENTION EDITORS – THIS PICTURE WAS PROVIDED BY A THIRD PARTY DUBAI (Reuters) – Iran’s death toll from the coronavirus
The largest turtle in the ocean, the leatherback gets its name from its tough, rubbery skin. Migrating long distances a year, the turtle can cross the Pacific Ocean. But with threats like getting tangled in fishing gear, the future for one distinct population looks “dire,” say conservation groups. At the current rate of decline, the
The Chinese national flag flies at half-mast at the Tienanmen Square to mourn victims of COVID-19 on April 4, 2020 in Beijing, China. China will hold a national mourning on Saturday for martyrs who died in the fight against the novel coronavirus and compatriots died of COVID-19, according to the State Council. Fred Lee |
People walk on Wall St. outside the New York Stock Exchange, August 7, 2019. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 9:07 am: Oil rally by the numbers WTI is up almost 31% this week, on pace for its best week on record (back to contract inception in 1983)
The stock market could still touch new lows as uncertainty around the coronavirus pandemic persists, Mohamed El-Erian said Friday. “I don’t think we’re forming a bottom yet. I think we’re going down at a slower rate,” the chief economic advisor at Allianz said on CNBC’s “Squawk Box.” “There is a very important distinction there.” Calling a
Steven Mnuchin, U.S. Treasury secretary, speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., U.S., on Thursday, April 2, 2020. Kevin Dietsch | Bloomberg | Getty Images The Treasury Department changed the terms on some loans it’s offering to small businesses during the coronavirus pandemic, making them more unfavorable
Film producer Jeffrey Katzenberg said Friday he doesn’t think the movie industry has to choose between releasing movies on the big screen or debuting them on streaming services. “I don’t think these things are mutually exclusive,” the co-founder of DreamWorks Animation said on CNBC’s “Closing Bell.” In fact, Katzenberg said he believes the film industry
The US has been accused of redirecting 200,000 Germany-bound masks for its own use, in a move condemned as “modern piracy”. The local government in Berlin said the shipment of US-made masks was “confiscated” in Bangkok. The FFP2 masks, which were ordered by Berlin’s police force, did not reach their destination, it said. Andreas Geisel,
President Donald Trump said that the U.S. will “get our energy business back,” as he met with oil executives from at least seven companies amid the ongoing collapse in oil prices. “We’ll work this out and we’ll get our energy business back. I’m with you 1,000%. It’s a great business, it’s a very vital business,”
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