Police officers in plainclothes raid a medical supply shop for allegedly hoarding and overpricing face masks, as public fear over China’s Wuhan Coronavirus grows, on January 31, 2020 in Manila, Philippines. Ezra Acayan | Getty Images All times below in U.S. eastern standard time. Roughly 2,100 new cases of the coronavirus have been confirmed in
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Ada Calhoun, who’s written about the financial struggles of middle-aged women today Gilbert King The summer of 2017 was a difficult one for Ada Calhoun. The 41-year old freelance writer watched a bunch of her projects fall through. She racked up $20,000 in credit card debt, and had next to no savings behind her. Childcare
A nurse holds up a one dose bottle and a prepared syringe of measles, mumps and rubella virus vaccine made by Merck at the Utah County Health Department on April 29, 2019 in Provo, Utah. George Frey | Getty Images The deadly coronavirus worsened quickly this month, roiling the financial markets as investors fled risk
Getty Images Thank the strong economy and the low unemployment rate. At 703, the average FICO score reached an all-time high at the end of 2019, a two-point increase from the year before, according to Experian’s 2019 Consumer Credit Review. That score would land the average consumers within the “good” range of credit scores. “Credit
Park Guell, Barcelona, Spain. Ihor_Tailwind | iStock | Getty Images When Petra Ahmann decided to uproot her life in New York and move to Barcelona, she was motivated by the same reason as many other expatriates. She fell in love with the city. “I felt like I could live here,” Ahmann said. An initial trip
If you dream of working for yourself one day, entrepreneurship may be the right path for you. But running a business is not as easy as a walk in the park. Take this quiz, created by The Ewing Marion Kauffman Foundation, to test your entrepreneurial knowledge so you can find out if you are on
Secretary of Health and Human Services Alex Azar and members of the Trump Administration’s Coronavirus Task Force hold a press briefing at the White House on January 31, 2020 in Washington, DC. Sarah Silbiger | Getty Images U.S. health officials have instituted a mandatory 14-day quarantine of Americans traveling from China, starting this Sunday, marking
A reception desk at Amazon offices in downtown Seattle, Washington. Glen Chapman | AFP | Getty Images Amazon‘s advertising segment was just one factor in the company’s blowout fourth quarter, but the company outlined where it sees growth for the high-margin business. Amazon’s “other” category, which is mostly made up of its advertising business, generated
Archer-Daniels-Midland Co. (ADM) signage displayed on the side of a grain storage bin at an ADM grain elevator in Niantic, Illinois. Daniel Acker | Bloomberg | Getty Images Oxford Industries This week Needham raised its rating on the stock to buy from hold. The company is best known as the maker of apparel brands like
A Columbia Sportswear Company sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening
Dean Mitchell | E+ | Getty Images If you wait until you’re 70 to think about long-term care, you’re already late. With the national annual median cost of a private room in a nursing facility at $102,200, according to insurer Genworth’s 2019 Cost of Care Survey, lacking a thought-out plan can be a costly error.
This is a live blog. Please check back for updates. All times below in Beijing time. 9:30 am: Beijing says companies will return to work on Feb. 10 Beijing announced that companies in the municipality will postpone the resumption of work till Feb. 10 to stem the coronavirus outbreak, according to state media Beijing Daily.
A man rides a bike though an almost empty Nanjing Road, usually a busy commercial street, in Shanghai, China, on Wednesday, Jan. 29, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — The Chinese government is beginning to pour out billions to help those affected by the new coronavirus, and analysts expect more support
Exxon earned $5.69 billion in the fourth quarter, down from $6 billion in the same period a year ago as lower oil prices continue to pressure profits. Excluding items including a $3.7 billion gain from the Norway divestment, profit for the quarter missed analyst estimates by 2 cents a share. Here’s how the energy giant’s
Four technology giants now sit on top of the list of most valuable U.S. companies, each worth more than $1 trillion — and there’s a familiar theme to each of their stories. Apple, Amazon, Microsoft and Google-parent Alphabet have all looked to services and cloud businesses for growth in the past couple of years. In
Home concept,Businessmen holding home keys krisanapong detraphiphat Many people entering the traditional home-buying years already have debt – student loans, of course. And those loans can make landing in a new house trickier. “Although many Americans have student loans, mortgage companies will still evaluate these outstanding debts while making their decision to approve or deny
Chevron posted a $6.6 billion loss in the fourth quarter due to $10.4 billion worth of write-offs related to the company’s shale gas production sites in Appalachia and deep-water projects in the Gulf of Mexico. In December, the company warned that this charge would be between $10 billion and $11 billion. Shares slid more than
A charter flight from Wuhan, China, carrying approximately 200 U.S. citizens, taxis to a stop at March Air Reserve Base in Riverside, Calif. Wednesday morning Jan. 29, 2020. Will Lester | Inland Valley Daily Bulletin via Getty Images U.S. health officials have quarantined 195 Americans evacuated from Wuhan, China, taking the rare step of issuing
Traders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City. Kena Betancur | Getty Images The stock sell-off deepened on the last day of January on concerns that the deadly coronavirus will disrupt the global economy and in the process, ruining an old market indicator
CNBC’s Jim Cramer said Friday he’s done with fossil fuel stocks because young investor’s concerns about climate change are holding them down. On “Squawk Box,” Cramer compared oil and other fossil fuel stocks to the sigma attached to investing in tobacco companies, saying they are in the “death knell phase.” He added, ”They’re tobacco. I think