CNBC’s Jim Cramer on Tuesday said it’s a critical time for investors to factor a company’s debt load into their investment decisions. “In times of crisis, I always start with the balance sheet,” the “Mad Money” host said, adding in “tough times, the balance sheet suddenly gets a lot more focus.” He pointed out that
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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 114,578, according to data compiled by Johns Hopkins University. Global deaths: At least 4,028, according to data compiled by Johns
China‘s foreign ministry on Monday objected to the expression “Wuhan coronavirus” — saying the name will “stigmatize” the country — following remarks from U.S. Secretary of State Mike Pompeo. The objection marks the latest from Beijing leaders and the country’s state-controlled media, which have gone as far as to claim that the coronavirus outbreak, which was
President Donald Trump on Monday said he will be meeting with Senate and House Republicans on Tuesday to discuss “a possible tax relief measure to provide “a timely and effective response to the coronavirus.” “We are to be meeting with House Republicans, Mitch McConnell, and discussing a possible payroll tax cut or relief, substantial relief,
Scott Gottlieb, former Commissioner of the FDA Adam Jeffery | CNBC The U.S. will need a “massive financial package” to curb the spread of COVID-19, former Food and Drug Administration commissioner Scott Gottlieb told CNBC on Monday. The virus has spread past the point of containment, Gottlieb said, and hard-hit regions should be moving toward
1. Dow set to tank as oil prices and bond yields crater Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 5, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures pointed to an over 1,300-point plunge for the Dow
People wearing masks visit a market amid the coronavirus outbreak on March 8, 2020 in Kunming, Yunnan Province of China. Liu Ranyang | China News Service | Getty Images This is a live blog. Please check back for updates. Global cases: At least 106,893, according to the latest figures from the World Health Organization Global
Ekkasit Keatsirikul | EyeEm | Getty Images A state-of-the-art research and development (R&D) center in Scotland has just got planning permission, as the country leans in to so-called “smart manufacturing.” Known as the National Manufacturing Institute Scotland (NMIS), the £65 million ($85.21 million) center will be located on Netherton Campus, a 52-hectare site adjacent to
Oil prices plunged 30% in early trading Sunday night as OPEC’s failure to strike a deal with its allies regarding production cuts sparked fears of a price war as Saudi Arabia reportedly gets set to ramp up production. International benchmark Brent crude futures plummeted 30% to $32.05 per barrel. U.S. West Texas Intermediate crude dropped 27%
[The stream is slated to start at 11:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] World Health Organization officials are holding a press conference on Monday to update the public on the coronavirus outbreak. The virus has infected more than 111,300 people and killed at
Sea turtle lies lifeless, wrapped in plastic on the shores of Porto de Galinhas beach on January 12, 2017 in Ipojuca, Brazil. Marcos Souza | Brazil Photo Press | LatinContent via Getty Images Across the world, sea turtles are swallowing bits of plastic in the ocean and often dying as a result. There are many
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 111,300, according to data compiled by Johns Hopkins University. Global deaths: At least 3,892, according to data compiled by Johns
Televangelist Jim Bakker and wife, Lori, attend the ceremony honoring BeBe Winans and CeCe Winans with a star on the Hollywood Walk of Fame on October 20, 2011 in Hollywood. Albert L. Ortega | Getty Images The Food and Drug Administration said Monday it has sent warning letters to televangelist Jim Bakker and six companies
Image of the 1:10 Hot Wheels R/C Tesla Cybertruck by Mattel. Mattel Image of the 1:10 Hot Wheels R/C Tesla Cybertruck by Mattel. The 1:64 scale model, around 3 inches in length, is the same size of a traditional Hot Wheels car, so it can be used with any of Mattel’s car tracks. It costs
Travelers wearing masks arrive on a direct flight from China, after a spokesman from the U.S. Centers for Disease Control and Prevention (CDC) said a traveller from China had been the first person in the United States to be diagnosed with the Wuhan coronavirus, at Seattle-Tacoma International Airport in SeaTac, Washington, January 23, 2020. David
Prince Harry and Meghan, the Duchess of Sussex will not use their “Sussex Royal” brand “in any territory post spring 2020,” a spokeswoman for the royal couple has confirmed. The pair had intended to use it for their charity foundation, but will now be forced to change their brand name. “While The Duke and Duchess
Her hands move in a blur. Then they stop, frozen like stone. Sakura Kokumai is 27 years old and could be America’s best hope for a medal in karate at the Summer Olympics in Tokyo. She has a menacing presence in the dojo, even though she is not quite five feet tall. Somehow, when she
Harvey Weinstein walks to the courtroom in New York City criminal court on January 6, 2020 in New York City. Stephanie Keith | Getty Images The judge in the rape trial of fallen film mogul Harvey Weinstein told jurors Friday to continue their deliberations after they suggested they are hung on the most serious charges,
A health worker sprays disinfectant inside a Vietnam Airlines airplane to protect from the recent coronavirus outbreak, at Noi Bai airport in Hanoi, Vietnam February 21, 2020. Kham | Reuters Airlines have canceled more than 200,000 flights as the coronavirus continues to spread, prompting travel restrictions and a sharp drop in demand for trips to
Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap is the latest retailer to dip its toes into the secondhand apparel market, following the lead of Macy’s, Nordstrom and others, in a bid to stay relevant in an industry