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Trump says U.S.-China relationship is 'severely damaged,' phase 2 trade deal not a priority

Created: Fri, 10 Jul 2020 19:10:55 GMT

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Trump blamed China for not stopping the spread of the coronavirus, according to reporters who were traveling with the president on Air Force One.Read more: Trump says U.S.-China relationship is 'severely damaged,' phase 2 trade deal not a priority

The Supreme Court just wrapped up a term that surprised everyone and satisfied no one

Created: Fri, 10 Jul 2020 17:57:53 GMT

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If it were possible to transport the Supreme Court's tax rulings back to the most fiery days of the confirmation battle over Justice Brett Kavanaugh in 2018, it's likely that Trump would not be the only person surprised.Read more: The Supreme Court just wrapped up a term that surprised everyone and satisfied no one

Rivian raises $2.5 billion in aggressive plan to beat Tesla and Nikola with the first all-electric pickup

Created: Fri, 10 Jul 2020 17:28:36 GMT

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Rivian is expected to be among the first, if not the first, to bring an all-electric pickup to market early next year – months, potentially years, ahead of those key competitors.Read more: Rivian raises $2.5 billion in aggressive plan to beat Tesla and Nikola with the first all-electric pickup

Market heads into worst earnings season in 12 years amid worries virus is slowing recovery

Created: Fri, 10 Jul 2020 17:51:53 GMT

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The worst earnings season in years is about to begin, and stocks could shrug off sharp profit declines, if companies see signs of recovery.Read more: Market heads into worst earnings season in 12 years amid worries virus is slowing recovery

Coronavirus live updates: Record single-day spike in cases; Gottlieb says 1 in 150 Americans are infected

Created: Fri, 10 Jul 2020 19:13:34 GMT

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The coronavirus has infected more than 12.29 million people around the world as of Friday, killing at least 555,486 people.Read more: Coronavirus live updates: Record single-day spike in cases; Gottlieb says 1 in 150 Americans are infected

WHO says it's 'very unlikely' countries can eradicate the coronavirus right now

Created: Fri, 10 Jul 2020 18:18:26 GMT

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"In our current situation, it is very unlikely that we can eradicate or eliminate this virus," said Dr. Mike Ryan, executive director of the WHO's health emergencies program.Read more: WHO says it's 'very unlikely' countries can eradicate the coronavirus right now

American Airlines tells Boeing: No financing, no 737 Max deliveries

Created: Fri, 10 Jul 2020 18:00:22 GMT

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American Airlines executives have told Boeing they will not take delivery of 17 Boeing 737 Max airplanes unless the airline can secure financing to pay for the aircraft, people familiar with the discussions told CNBC.Read more: American Airlines tells Boeing: No financing, no 737 Max deliveries

Chamath Palihapitiya: Here's why you go short big tech stocks Facebook and Alphabet right now

Created: Fri, 10 Jul 2020 18:40:50 GMT

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Former Facebook executive Chamath Palihapitiya on Friday laid out his bearish case for the social media giant as well as Google parent Alphabet.Read more: Chamath Palihapitiya: Here's why you go short big tech stocks Facebook and Alphabet right now

Trump's rift with White House health advisor Fauci widens as coronavirus cases continue to hit new records

Created: Fri, 10 Jul 2020 18:29:44 GMT

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"Dr. Fauci's a nice man, but he's made a lot of mistakes," Trump said in an interview with Fox News' Sean Hannity on Thursday.Read more: Trump's rift with White House health advisor Fauci widens as coronavirus cases continue to hit new records

Yes, you can restart unemployment benefits if you're laid off again

Created: Fri, 10 Jul 2020 16:57:42 GMT

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Millions of Americans went back to work in May and June. Rising coronavirus caseloads could threaten their jobs again. But there's a silver lining: they can resume their unemployment benefits.Read more: Yes, you can restart unemployment benefits if you're laid off again

U.S. invests in a small, untested company to deliver coronavirus vaccine

Created: Fri, 10 Jul 2020 17:51:12 GMT

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The Trump administration has agreed to invest more than half a billion in ApiJect Systems America, a young company whose injector is not approved by federal health authorities and that hasn't yet set up a factory to manufacture the devices.Read more: U.S. invests in a small, untested company to deliver coronavirus vaccine

Ghislaine Maxwell seeks release on $5 million bail in Jeffrey Epstein child sex case, says prosecution barred by deal

Created: Fri, 10 Jul 2020 18:38:00 GMT

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Ghislaine Maxwell was a friend of the late convicted sex criminal Jeffrey Epstein, who was a former friend of Presidents Trump and Clinton.Read more: Ghislaine Maxwell seeks release on $5 million bail in Jeffrey Epstein child sex case, says prosecution barred by deal

How OneWeb's $1 billion bankruptcy rescue changes the competitive landscape for Elon Musk's Starlink

Created: Fri, 10 Jul 2020 16:40:23 GMT

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Satellite internet company OneWeb is back in the space broadband race against SpaceX's Starlink network.Read more: How OneWeb's $1 billion bankruptcy rescue changes the competitive landscape for Elon Musk's Starlink

HBO Max to develop TV spinoff to Matt Reeves' 'The Batman'

Created: Fri, 10 Jul 2020 17:53:52 GMT

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HBO Max has given a series commitment to a DC drama set in the Gotham City police department that will be tied to Matt Reeves' "The Batman."Read more: HBO Max to develop TV spinoff to Matt Reeves' 'The Batman'

One trader has a way to hedge the market in case of more downside

Created: Fri, 10 Jul 2020 16:28:10 GMT

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Markets aren't in the all-clear, says Ascent Wealth Partners' Todd Gordon, who lays out a hedge against any more market downside.Read more: One trader has a way to hedge the market in case of more downside

Tropical Storm Fay lashed the New Jersey shore, on a path to soak the New York City region

Created: Fri, 10 Jul 2020 16:12:52 GMT

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Tropical Storm Fay picked up speed Friday morning and forecasters decreased projections for rain totals and flooding.Read more: Tropical Storm Fay lashed the New Jersey shore, on a path to soak the New York City region

Tesla short sellers are down $18 billion this year, including another $4 billion in July

Created: Fri, 10 Jul 2020 15:39:34 GMT

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Investors betting against Tesla have lost $18 billion so far this year, including $4 billion in July, according to S3 Partners.Read more: Tesla short sellers are down $18 billion this year, including another $4 billion in July

Unemployment benefits aren't free — here's how to avoid a big tax bill next year

Created: Fri, 10 Jul 2020 16:18:34 GMT

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Unemployment benefits are taxed differently than regular income. Here's what you need to know to avoid racking up a big bill next April.Read more: Unemployment benefits aren't free — here's how to avoid a big tax bill next year

Trump threatens tax-exempt status of colleges, says many are about 'Radical Left Indoctrination'

Created: Fri, 10 Jul 2020 17:25:52 GMT

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In a series of tweets, Trump said too many universities and school systems are about "Radical Left Indoctrination, not Education."Read more: Trump threatens tax-exempt status of colleges, says many are about 'Radical Left Indoctrination'

Trump's ex-lawyer Michael Cohen back in prison after he balked at media gag order

Created: Fri, 10 Jul 2020 17:10:33 GMT

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Michael Cohen was taken into custody as he prepared to release in coming months a book about working as lawyer and fixer for President Trump.Read more: Trump's ex-lawyer Michael Cohen back in prison after he balked at media gag order

Are leveraged and inverse ETFs worth the risk? Two industry pros break it down

Created: Fri, 10 Jul 2020 16:00:36 GMT

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Leveraged and inverse exchange-traded funds can be dangerous for investors who don't do their homework, two industry leaders warn.Read more: Are leveraged and inverse ETFs worth the risk? Two industry pros break it down

Stocks making the biggest moves midday: Gilead, Wells Fargo, Carnival & more

Created: Fri, 10 Jul 2020 17:29:45 GMT

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These are the stocks posting the largest moves in midday trading.Read more: Stocks making the biggest moves midday: Gilead, Wells Fargo, Carnival & more

Here's how to go to college for free

Created: Fri, 10 Jul 2020 16:31:55 GMT

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Connecticut recently announced it would offer a tuition-free community college program for 2020, however, other states have had to table such plans due to budget shortfalls.Read more: Here's how to go to college for free

Gilead says remdesivir coronavirus treatment reduces risk of death in severely sick patients

Created: Fri, 10 Jul 2020 15:28:51 GMT

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The findings show that 7.6% of patients treated with remdesivir died compared with 12.5% of patients in the analysis who did not receive remdesivir treatment.Read more: Gilead says remdesivir coronavirus treatment reduces risk of death in severely sick patients

Your iPhone is getting tons of fun new features this fall, but you can try them now — here's how

Created: Fri, 10 Jul 2020 16:24:15 GMT

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It's a test version of the full software that will roll out to all iPhones this fall, and it includes a lot of fun new features. There are widgets on the home screen, for example, so you can see little windows that show the weather, photos, music controls and more.Read more: Your iPhone is getting tons of fun new features this fall, but you can try them now — here's how

Looming evictions may soon make 28 million homeless in U.S., expert says

Created: Fri, 10 Jul 2020 15:57:27 GMT

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"We have never seen this extent of eviction in such a truncated amount of time in our history," housing expert Emily Benfer said.Read more: Looming evictions may soon make 28 million homeless in U.S., expert says

Wearing masks is now the most important thing for the economy, Fed's Kaplan says

Created: Fri, 10 Jul 2020 17:18:14 GMT

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"If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster," he added.Read more: Wearing masks is now the most important thing for the economy, Fed's Kaplan says

Biden says investors 'don't need me,' calls for end of 'era of shareholder capitalism'

Created: Fri, 10 Jul 2020 14:55:19 GMT

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The former vice president said Donald Trump has been too focused on the stock market during his response to the coronavirus pandemic.Read more: Biden says investors 'don't need me,' calls for end of 'era of shareholder capitalism'

Trump says he will be 'looking at' pardon for Roger Stone as prison date approaches

Created: Fri, 10 Jul 2020 17:27:26 GMT

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Stone has asked a federal appeals court to delay the start of his 40-month prison sentence for lying to Congress, witness tampering and obstruction.Read more: Trump says he will be 'looking at' pardon for Roger Stone as prison date approaches

United, pilots union reach tentative agreements for early retirements and voluntary furloughs

Created: Fri, 10 Jul 2020 13:45:11 GMT

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United and its pilot union have been negotiating to help cut costs as the coronavirus devastates travel demand.Read more: United, pilots union reach tentative agreements for early retirements and voluntary furloughs

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