Many people now have extra time on their hands as they stay home and comply with social distancing measures. To pass the time, some of people are baking, while others are taking advantage of free virtual tours. If you feel motivated to learn a new skill, you can use this time to try out the plethora
Month: April 2020
The price of the current oil futures contract could go to zero again even faster than the May contract did in last week’s historic plunge, CNBC’s Jim Cramer said Monday. “This has to go to zero again, because we haven’t any more space,” Cramer said on “Squawk on the Street.” “I had, Herbjørn Hansson, who’s
Pedestrians walk through Harvard Yard on the closed Harvard University campus in Cambridge, Massachusetts, U.S., on Monday, April 20, 2020. Adam Glanzam | Bloomberg | Getty Images “Many schools are tuition-dependent,” said Robert Franek, editor in chief of The Princeton Review and author of “The Best 385 Colleges.” “That really does change their financial make up
Sen. Amy Klobuchar (D-MN) speaks during a campaign rally at the Altria Theatre on February 29, 2020 in Richmond, Virginia. Zach Gibson | Getty Images Sen. Amy Klobuchar and 21 other senators on Monday urged the Trump administration to take more steps to ensure the small businesses devastated most during the coronavirus pandemic do not
The Bank of China in Central, Hong Kong. Getty The mass protests against the government in Hong Kong stopped with the eruption of COVID-19. It was only a pause as all the underlying conditions that fueled the protests are still there. As the COVID-19 pandemic is slowly coming under control, attention is also returning to
Stock markets have taken a battering as the ongoing coronavirus pandemic continues to rattle global economies. But some young people are taking it as an opportunity to kick-start their investing careers. Online stock trading platforms have seen a surge in demand in recent months as investors seek to take advantage of undervalued equities. Investing app
U.S. stock futures opened flat in overnight trading, following a rally in the previous session as plans to ease coronavirus-induced lockdowns fueled investor appetite for riskier assets. Dow futures fell 10 points, indicating a loss of 0.17% at the open on Tuesday. The S&P 500 and Nasdaq were also set to open lower, with losses
As several states begin to reopen businesses, billionaire Mark Cuban says it may be too soon to do so amid the widespread coronavirus pandemic — and he has a simple litmus test for when people will feel comfortable returning to stores and offices that have been closed for weeks. “You just want to keep people safe,”
Charles Munger David A. Grogan | CNBC Charlie Munger, vice chairman of Berkshire Hathaway, will not be taking questions at the company’s annual shareholder’s meeting alongside Warren Buffett as the coronavirus pandemic forces changes to the widely anticipated event. Instead, it will be Greg Abel, Berkshire’s vice chairman of non-insurance operations, taking previously submitted questions
Annie Nova Annie Nova | CNBC I was raised by a single mother who had no time for the kitchen, and although I wanted to be different, I wasn’t. I became dependent on Grubhub, and the tiny oven in my Manhattan apartment could go months unused. Since I never had a teacher, cooking intimidated me.
Dr. Laura Heisler is hoping that the new round of congressional funding for the Payroll Protection Program will provide a lifeline to keep her practice afloat. The chiropractor has gone from seeing 15 patients a day to an occasional emergency case over the last month, since the coronavirus pandemic hit her community in New Rochelle,
Experts predict an interest in larger spaces, but a rise in construction costs. Getty It’s no secret that the real estate market has a long road of recovery ahead. As the day-to-day work of showing properties and building homes has slowed to a crawl, agents and others in the industry have started to look to
Health experts and asset markets are watching closely as segments of the U.S. reopen their economies. Global cases near the 3 million mark, with roughly a third of those cases in the U.S. Across the Atlantic, U.K. Prime Minister Boris Johnson is back at work on Monday after recovering from the virus, delivering a sober
U.S. equities rose modestly on Monday, clawing back from last week’s losses. A possible reopening of parts of the economy boosted investor sentiment. However, oil continued to fall on growing concerns that storage will soon reach capacity. Here’s whats happening. This is a live blog. Please check back for updates. 10:04 am: Banks lead the
Whether you’re trying to bail on your fifth video happy hour of the week or analyzing your boss’ décor on a company-wide conference, most of us have reached peak video chat fatigue. On social media, many people have been documenting the cringe-worthy moments of our new on-screen lives. (Zoom did not immediately respond to CNBC Make
Jeffrey Gundlach speaking at the Sohn conference in New York on May 4, 2016. David A. Grogan | CNBC Billionaire hedge fund manager Jeffrey Gundlach said a popular exchange-traded fund is incredibly overvalued given some of the Federal Reserve’s actions to support the economy during coronavirus pandemic. “The LQD looks to be about the most
Ziga Plahutar If you’ve had trouble accessing the Get My Payment tool to check on the status of your coronavirus stimulus payment, you may want to try again. The IRS announced on Sunday it had made “significant enhancements” to the web portal, which first went live on April 15. The changes are aimed at creating what
A masked pedestrian walks past shuttered shopfronts in Hollywood, California on April 23, 2020. FREDERIC J. BROWN/AFP via Getty Images Many Americans collecting unemployment benefits may be wondering: Why isn’t my check bigger? The $2.2 trillion coronavirus relief package enacted last month expanded unemployment benefits in several ways, partly by increasing jobless pay by $600
Getty Since the CARES Act instituted mortgage forbearance for borrowers of government-secured home loans, misinformation and malpractices have abounded. To correct some of that, today the Federal Housing Finance Agency, which oversees mortgage buyers Freddie Mac and Fannie Mae, released a statement reiterating that borrowers in forbearance are not obliged to repay the missed monthly
UK Prime Minister Boris Johnson speaks and takes questions during a press conference in Downing Street regarding the coronavirus outbreak, on March 9, 2020. in London, England. Alberto Pezzali – WPA Pool | Getty Images As the U.K.’s Prime Minister Boris Johnson returns to work on Monday after recovering from the coronavirus, there is mounting
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