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
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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
This is a live blog. Here’s what’s happening: 7:55 am: Global virus cases top 2 million, Trump to announce reopening guidelines There have now been more than 2 million confirmed cases of the coronavirus worldwide, according to data from Johns Hopkins University. The United States has the most confirmed cases with more than 630,000. Spain, Italy,
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
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
SpaceX CEO Elon Musk speaks at a press conference where he announced the Japanese billionaire chosen by the company to fly around the moon, on September 17, 2018 in Hawthorne, California. Mario Tama | Getty Images SpaceX is launching more often than any other country or company and CEO Elon Musk touted low insurance costs as proof
Steven Mnuchin, U.S. Treasury secretary, right, speaks beside U.S. President Donald Trump during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Tuesday, March 17, 2020. Kevin Dietsch | Bloomberg | Getty Images This is a developing story. Check back for updates. The Small Business
The recent market volatility has no doubt caused increased stress and anxiety among investors. That alone is enough to lead someone to make a mistake. Add disruptions in our daily lives caused by the coronavirus pandemic and people are even more likely to make bad choices, according to Morningstar’s new report, “A Behavioral Guide to Market
Getty The coronavirus pandemic is proving to be a tough time for home construction, even if the sector has been deemed to provide an essential service in most states. After yesterday’s news that builder sentiment slumped to a record low amid COVID-19, monthly data from the U.S. Census Bureau, published today, shows that seasonally adjusted
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
Editor’s note: This article has been updated with comment from the IRS. A tool launched Wednesday by the Internal Revenue Service to track Americans’ stimulus relief checks is not working for many, according to individuals who reached out to CNBC Make It. The Get My Payment tool is meant to give those eligible for a
Check out the companies making headlines after the bell. American Airlines Boeing 787-8 Dreamliner aircraft. Nicolas Economou | NurPhoto | Getty Images Bed Bath & Beyond — The home goods retailer’s stock soared 12% in extended trading after the company posted a double beat on earnings and revenue in the fourth quarter. Bed Bath &
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
Alex Gorsky, Chairman and CEO of Johnson & Johnson, rings the opening bell to celebrate the 75th anniversary of his company’s listing at the New York Stock Exchange, September 17, 2019. Brendan McDermid | Reuters Johnson & Johnson surprised investors with a modest dividend increase of 6.3%, followed by Procter & Gamble, which raised its
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
Larry Sprung, president of Mitlin Financial in Hauppauge, New York, was able to begin the application process with Bank of America when the Paycheck Protection Program opened April 3. Larry Sprung A forgivable loan program meant to help ailing small businesses has met with much criticism amid delays, confusion and frustration. But some small-business owners
Allie Beth Allman hands President George Bush keys to his new Dallas home in the Oval Office Allie Beth Allman Allie Beth Allman is the grand dame of Dallas real estate. Born and raised on a ranch in Graham, Texas, she has been a beauty queen, a T.C.U. college cheerleader, and a poster girl for