Blank United States Treasury checks are run through a printer at the U.S. Treasury printing … [+] facility. (Photo by William Thomas Cain/Getty Images) Getty Images The IRS has already processed over 80 million stimulus checks during the first week of sending out payments. However, there are still approximately 60 million stimulus checks that still
Month: April 2020
Payment Deadline Getty In the wake of Coronavirus, many people worried about how their going to make their next housing payment. However, in particular, a new survey from Cleaver Real Estate shows just how precarious the situation is for landlords and tenants, many of whom have found themselves on opposing sides of this issue. Read
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: At least 2,152,647. Global deaths: At least 143,802. Most cases reported: United States (667,801), Spain (184,948), Italy (168,941), France (147,091), and Germany (137,698). The data above was compiled by Johns Hopkins
The world’s biggest asset manager BlackRock saw the capital it manages fall by almost $1 trillion in the first quarter as investors pulled money out of its marquee funds amid the most damaging stock market selloff in more than a decade. The company, a huge figure on global financial markets, reported a 23% drop in quarterly
Investor Peter Boockvar anticipates another 20% pullback could hit the market. The Bleakley Advisory Group chief investment officer told CNBC’s “Trading Nation” on Thursday that the coronavirus’ economic fallout is trapping the S&P 500 in a trading range. “A lot of the bad news that we’re seeing now in terms of the numbers were priced
Asian consumers are tightening their belts as they prepare for a coronavirus-induced hit to their finances, according to a new study. Shoppers in China, South Korea, India, Japan and Indonesia have cut back on clothing, skincare and electronics purchases as concerns mount over the outlook for incomes and savings as the pandemic rattles economies across the
CNBC’s Jim Cramer on Wednesday made a case for investors to choose individual stock picking over index funds going through market turmoil. The “Mad Money” host laid out a “shelter-in-place” list of companies that he projects can cut through the global economic challenges set off by the coronavirus pandemic. “For years, lots of very smart
Don’t count on being able to get emergency cash from your 401(k) account, even if a new law says you can. While the recently passed CARES act included provisions to make it easier to access your retirement money penalty free for coronavirus-related reasons, it’s up to employers whether to implement the legislative changes. And at
Amazon’s dominance has been solidified during the coronavirus pandemic, but the consequences of that are complicated, CNBC’s Jim Cramer said Thursday. “Amazon is either the Grim Reaper for everyone or the greatest thing that’s ever happened to the American consumer. Or maybe both,” Cramer said on “Squawk on the Street.” “Has Amazon not become a country
The pedestrian bridge across the Sciopa River is 14 feet wide and 760 feet long. Cory Klein Photography/City of Dublin In March, Dublin, Ohio connected a new multi-use district to the historic center of the city with a new 760-foot long “S” curve pedestrian bridge, designed by Endrestudio. Construction of the cable-stayed bridge, called the
Chinese men wear protective masks as they watch the evening news on a screen outside a shopping mall on April 15, 2020 in Beijing, China. Kevin Frayer | Getty Images China reported that its first quarter GDP contracted by 6.8% in 2020 from a year ago as the world’s second largest economy took a huge hit
CEO of Morgan Stanley James Gorman speaks on May 6, 2014 in New York. Getty Images Morgan Stanley on Thursday posted first-quarter profit that missed analysts’ expectations, but the firm’s trading desks generated about $700 million more revenue than e. Here’s how the company did: Earnings: $1.01 a share Revenue: $9.49 billion Wealth management: $4.04 billion
The Wall Street Bull, located in the financial district of New York City. Mike Roy | MCT | Tribune News Service | Getty Images The ETF that tracks the S&P 500 rallied in after-hours trading Thursday after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus. The move pointed to
While following “stay at home” orders across the country, reality star and entrepreneur Bethenny Frankel says taking the time to declutter and organize now will help with life after Covid-19. “If you’re not organizing every drawer, cabinet, garage, refrigerator etc. within an inch of its life, get started. This will help be more productive when
Larry Fink, chief executive officer of BlackRock Inc., pauses ahead of a Bloomberg Television interview at the Blackrock Inc. wealth symposium in Zurich, Switzerland, on Thursday, March 7, 2019 Stefan Wermuth | Bloomberg via Getty Images Larry Fink, co-founder of the world’s biggest money management firm, told CNBC on Thursday the stock market’s coronavirus low
skynesher | E+ | Getty Images Wondering where your coronavirus stimulus payment is? The delay could be due to a glitch related to your tax preparation service. A new report from The Washington Post on Thursday estimates that millions of Americans could still be waiting to see their stimulus money if they previously filed their
Rep. Greg Murphy, R-N.C., said Thursday he believes there are ways for businesses such as barbershops and salons to reopen safely during the coronavirus pandemic. Murphy, a urologist who was elected to Congress in 2019, said on CNBC’s ”The Exchange” that restrictions should remain in place for people who are “most at risk, most susceptible” to
TOPLINEThe coronavirus pandemic continues to take a heavy toll on business activity as this week’s batch of dismal economic data stokes concerns on Wall Street and serves as a sobering indication of just how badly the outbreak is impacting the American economy. From a collapse in retail sales and manufacturing to millions of unemployment claims,
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 2,076,000 Global deaths: At least 138,008 US cases: More than 639,600 US deaths: At least 30,985 The data
A box containing a 5-minute test for COVID-19 from Abbott Laboratories is pictured during the daily briefing on the novel coronavirus, COVID-19, in the Rose Garden of the White House in Washington, DC, on March 30, 2020. Mandel Ngan | AFP | Getty Images Abbott Laboratories posted a 16% drop in quarterly profit on Thursday
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