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December pending home sales fall 4.9% as supply hits a record low


Created: Wed, 29 Jan 2020 15:14:28 GMT

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Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as the supply of homes hit a record low during the month.

Read more: December pending home sales fall 4.9% as supply hits a record low


American Airlines cancels some China service for more than a month as coronavirus spreads


Created: Wed, 29 Jan 2020 15:14:16 GMT

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American Airlines joined United in cutting some China flights as the coronavirus spreads and the government increased its travel warning.

Read more: American Airlines cancels some China service for more than a month as coronavirus spreads


Warren Buffett's Berkshire Hathaway to sell newspaper business for $140 million


Created: Wed, 29 Jan 2020 14:23:24 GMT

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The deal will include local news organizations such as the Omaha World-Herald in Nebraska and the Tulsa World in Oklahoma.

Read more: Warren Buffett's Berkshire Hathaway to sell newspaper business for $140 million


Stocks making the biggest moves premarket: Boeing, McDonald's, L Brands, AT&T, GE & more


Created: Wed, 29 Jan 2020 14:03:13 GMT

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These are the stocks posting the largest moves before the bell, including Boeing, McDonald's, L Brands, AT&T, GE, and more.

Read more: Stocks making the biggest moves premarket: Boeing, McDonald's, L Brands, AT&T, GE & more


'Game of Thrones' star sings Disney's 'Let It Go' in Super Bowl ad for Audi


Created: Wed, 29 Jan 2020 13:23:30 GMT

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The 60-second spot features actress Maisie Williams, best known for her role as Arya in HBO's "Game of Thrones," driving an Audi e-tron and singing "Let it Go" from Disney's 2013 hit "Frozen."

Read more: 'Game of Thrones' star sings Disney's 'Let It Go' in Super Bowl ad for Audi


Boeing posts first annual loss in more than two decades as 737 Max crisis drags on


Created: Wed, 29 Jan 2020 14:43:07 GMT

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Boeing said its costs from the 737 Max debacle would nearly double from a previous forecast to close to $19 billion.

Read more: Boeing posts first annual loss in more than two decades as 737 Max crisis drags on


Weekly mortgage applications surge over 7% as rates fall on coronavirus fears


Created: Wed, 29 Jan 2020 12:00:10 GMT

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Mortgage rates fell to their lowest level since November, and that sent current borrowers and potential homebuyers rushing to their lenders, according to the Mortgage Bankers Association.

Read more: Weekly mortgage applications surge over 7% as rates fall on coronavirus fears


McDonald's earnings beat Wall Street estimates, helped by price hikes as US foot traffic declined


Created: Wed, 29 Jan 2020 14:35:31 GMT

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McDonald's reported earnings Wednesday for the first time since its board fired CEO Steve Easterbrook in November for having a consensual relationship with an employee.

Read more: McDonald's earnings beat Wall Street estimates, helped by price hikes as US foot traffic declined


GE shares surge after earnings top expectations


Created: Wed, 29 Jan 2020 14:35:45 GMT

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GE gave a better-than-anticipated cash-flow forecast that signaled the troubled conglomerate could be turning around.

Read more: GE shares surge after earnings top expectations


Tesla's massive stock rally faces a moment of truth as the company reports earnings


Created: Wed, 29 Jan 2020 11:01:01 GMT

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Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October. Skeptics are cautioning investors about the effects of the coronavirus on Tesla's China operations, and declining sales volumes in mature markets for the company.

Read more: Tesla's massive stock rally faces a moment of truth as the company reports earnings


Treasury yields are lower ahead of Fed decision


Created: Wed, 29 Jan 2020 15:17:12 GMT

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Treasury yields fell on Wednesday as investors monitored the spread of the coronavirus and looked ahead to a rate decision by the Federal Reserve.

Read more: Treasury yields are lower ahead of Fed decision


More US service members diagnosed with brain injury after Iran missile attack


Created: Wed, 29 Jan 2020 03:28:42 GMT

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A total of 50 U.S. service members suffered traumatic brain injury from this month's Iranian missile attack, NBC News reports.

Read more: More US service members diagnosed with brain injury after Iran missile attack


Trump praises party-switching Rep. Van Drew, slams impeachment during campaign rally in blue state New Jersey


Created: Wed, 29 Jan 2020 14:59:50 GMT

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During his visit to the shore resort of Wildwood in Van Drew's Republican-leaning district, Trump depicted Van Drew as a symbol for Democratic dissatisfaction with party leadership.

Read more: Trump praises party-switching Rep. Van Drew, slams impeachment during campaign rally in blue state New Jersey


Apple's fastest-growing business segment, which includes AirPods and Watch, is now bigger than Mac


Created: Wed, 29 Jan 2020 10:29:57 GMT

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The milestone underscores how Apple's future opportunity is computers all over the body, instead of computers that live on a desk.

Read more: Apple's fastest-growing business segment, which includes AirPods and Watch, is now bigger than Mac


Coronavirus live updates: Chinese health officials say death toll has risen to 132


Created: Wed, 29 Jan 2020 12:25:23 GMT

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The majority of the cases are still in mainland China where local authorities have quarantined at least 10 major cities.

Read more: Coronavirus live updates: Chinese health officials say death toll has risen to 132


Facebook's engineering vice president is leaving


Created: Tue, 28 Jan 2020 23:02:32 GMT

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Facebook's Vice President of Engineering Jay Parikh on Tuesday announced his departure from the company, joining a long list of executive who have left the company over the turbulent past few years.

Read more: Facebook's engineering vice president is leaving


Trump impeachment trial: Defense wraps up oral arguments, urges Senate to acquit the president


Created: Tue, 28 Jan 2020 23:19:21 GMT

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President Donald Trump's lawyers completed their oral arguments in the impeachment trial on Tuesday, bringing to a quick end a defense that attempted to discredit the evidence gathered by House Democrats.

Read more: Trump impeachment trial: Defense wraps up oral arguments, urges Senate to acquit the president


AMD falls after soft revenue projection


Created: Wed, 29 Jan 2020 00:25:36 GMT

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AMD beat on the top and bottom lines, but its forecast for the next quarter was slightly less than what analysts had forecast.

Read more: AMD falls after soft revenue projection


Apple rises as earnings and iPhone sales smash expectations


Created: Wed, 29 Jan 2020 14:31:47 GMT

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It's Apple's biggest quarter of the year and includes important holiday sales.

Read more: Apple rises as earnings and iPhone sales smash expectations


Koch donors at annual summit, concerned that Trump could lose, discuss the need to defend GOP Senate majority


Created: Tue, 28 Jan 2020 22:45:36 GMT

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Donors at the annual Koch network summit discussed the need to defend the GOP majority in the Senate as a backstop in case a Democrat such as Bernie Sanders or Joe Biden defeats President Trump.

Read more: Koch donors at annual summit, concerned that Trump could lose, discuss the need to defend GOP Senate majority


Starbucks outpaces earnings estimates but warns coronavirus could hit fiscal 2020


Created: Tue, 28 Jan 2020 23:10:18 GMT

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Starbucks said it would update its fiscal 2020 outlook when "we can reasonably estimate the impact of the coronavirus."

Read more: Starbucks outpaces earnings estimates but warns coronavirus could hit fiscal 2020


US recovers remains from Air Force plane crash in Afghanistan


Created: Tue, 28 Jan 2020 20:00:18 GMT

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The U.S. military recovered the remains of two personnel aboard a U.S. Air Force Bombardier E-11A aircraft that crashed Monday in Afghanistan.

Read more: US recovers remains from Air Force plane crash in Afghanistan


Xana Antunes, former editor of CNBC, New York Post, dies at 55


Created: Wed, 29 Jan 2020 14:06:52 GMT

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Xana Antunes, former executive editor of CNBC Digital, died Monday. Antunes most recently was executive editor of Quartz, and also held top editorial spots at the New York Post, Crain's New York Business, Fortune Magazine and CNNMoney.com.

Read more: Xana Antunes, former editor of CNBC, New York Post, dies at 55


US health officials fast-track coronavirus vaccine, hope to start clinical trial in three months


Created: Tue, 28 Jan 2020 22:48:35 GMT

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That timeline is optimistic, U.S. health officials said. It could take a year or more before a vaccine is ready for sale to the public.

Read more: US health officials fast-track coronavirus vaccine, hope to start clinical trial in three months


Coronavirus, repo market and the reserve rate: What to watch this week from the Fed


Created: Tue, 28 Jan 2020 19:38:53 GMT

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Practically no one expects the central bank to move its benchmark borrowing rate until at least September.

Read more: Coronavirus, repo market and the reserve rate: What to watch this week from the Fed


Facebook's rules for new oversight board leave the company firmly in control


Created: Tue, 28 Jan 2020 19:01:35 GMT

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Facebook on Tuesday unveiled its proposed bylaws for the company's so-called Supreme Court that can overturn content moderation decisions, but it's a fig leaf.

Read more: Facebook's rules for new oversight board leave the company firmly in control


US budget deficit to break $1 trillion in fiscal 2020, CBO says


Created: Wed, 29 Jan 2020 01:32:01 GMT

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After passing that mark this year, the deficit is expected to average $1.3 trillion between 2021-30, rising from 4.6% of GDP to 5.4% over the period.

Read more: US budget deficit to break $1 trillion in fiscal 2020, CBO says


World Health Organization to send delegation to China to help combat coronavirus outbreak


Created: Tue, 28 Jan 2020 18:56:02 GMT

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The virus has now killed 106 people in China and infected roughly 4,700 across the world as of Tuesday.

Read more: World Health Organization to send delegation to China to help combat coronavirus outbreak


Trump reacts to Pompeo's tirade against NPR reporter: 'You did a good job on her'


Created: Tue, 28 Jan 2020 19:15:38 GMT

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President Donald Trump on Tuesday appeared to congratulate his Secretary of State, Mike Pompeo, for shouting and cursing at a reporter for National Public Radio who had asked Pompeo questions about Ukraine.

Read more: Trump reacts to Pompeo's tirade against NPR reporter: 'You did a good job on her'


Watch now: CNBC's Bob Pisani live from the Inside ETF Conference in Hollywood, Florida


Created: Tue, 28 Jan 2020 20:02:21 GMT

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Read more: Watch now: CNBC's Bob Pisani live from the Inside ETF Conference in Hollywood, Florida

 
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