Month: April 2020

Amid the Covid-19 pandemic, people across the world have rushed to “panic buy” and stockpile food and toilet paper, fearing potential shortages.  But Bill and Melinda Gates began to stockpile food in their basement years before the current pandemic.  “A number of years ago, we talked about, ‘What if there wasn’t clean water? What if there
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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: More than 2 million Global deaths: At least 134,178 Most cases reported: United States (636,350), Spain (177,644), Italy (165,155), Germany (134,753), and France (134,582).  The data above was compiled
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Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond reported Wednesday fiscal fourth-quarter results that topped analysts’ estimates, but warned it could not make predictions for 2020 due to the coronavirus pandemic. The company said that despite widespread, temporary store closures, it still
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Blank Social Security checks are run through a printer at the U.S. Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. William Thomas Cain | Getty Images If you’re receiving Supplemental Security Income benefits, you will get your coronavirus stimulus payment automatically, the government said on Wednesday. The payments will come the same way you
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Brian Moynihan, chief executive officer of Bank of America Corp., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images Bank of America is scheduled to report first-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: 46
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Earnings season may look ugly, but Crossmark’s Global Investments’ Victoria Fernandez isn’t getting discouraged. She believes there are opportunities in the coronavirus battered market. “We’ve seen some already. If you look at some of the health care names — UnitedHealth gave a good report,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Wednesday. 
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Over 80 million America will see the coronavirus stimulus checks deposited into their bank accounts today. If you haven’t gotten yours but are eligible for a payment, don’t worry — it’s coming. The first round of checks, which are part of the federal government’s response to unprecedented unemployment levels and financial strain caused by the coronavirus pandemic, were automatically deposited into the bank accounts
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Girl wearing mask and gloves in grocery store Phynart Studio New data shows the government’s coronavirus stimulus checks are providing much-needed relief to Americans struggling with day-to-day living costs. Data compiled by digital bank Current found members who received stimulus payments over the past five days spent 16% of the money on food, including takeout
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