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Real-time data is showing that the coronavirus is causing 'widespread' economic damage


Created: Fri, 10 Jul 2020 19:52:26 GMT

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Surging coronavirus cases are showing up in both a slowdown of current economic activity as well as future plans, according to real-time data tracking things like job listings, dining out and vacations.

Read more: Real-time data is showing that the coronavirus is causing 'widespread' economic damage


Amazon tells employees to delete TikTok from phones, citing security risks


Created: Fri, 10 Jul 2020 19:17:35 GMT

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The move comes as TikTok, owned by Beijing-based ByteDance, is under drawing scrutiny over its ties to China and the potential for the Chinese government to access user data.

Read more: Amazon tells employees to delete TikTok from phones, citing security risks


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


Created: Fri, 10 Jul 2020 19:43:39 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


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


Created: Fri, 10 Jul 2020 19:27:13 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


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


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


Marc Benioff's Salesforce has eclipsed Larry Ellison's Oracle in market cap


Created: Fri, 10 Jul 2020 16:43:45 GMT

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Marc Benioff once considered Oracle's Larry Ellison his mentor at Oracle. Then Benioff started his own company. Now Salesforce is worth more than Oracle.

Read more: Marc Benioff's Salesforce has eclipsed Larry Ellison's Oracle in market cap


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


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


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


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


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


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


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


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


T. Rowe Price leads $2.5 billion investment round into EV startup Rivian


Created: Fri, 10 Jul 2020 18:48:33 GMT

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Robert "R.J." Scaringe, CEO and founder of Rivian, recently said the company was "open" to additional financing to help support its "aggressive growth plans."

Read more: T. Rowe Price leads $2.5 billion investment round into EV startup Rivian


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


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


Google bans ads for products and services that secretly track or monitor people


Created: Fri, 10 Jul 2020 16:06:43 GMT

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Google says it will no longer allow ads for products or services marketed for the purposes of tracking or monitoring another person without their authorization.

Read more: Google bans ads for products and services that secretly track or monitor people


Dr. Scott Gottlieb estimates as many as 1 in 150 people in U.S. are infected with coronavirus


Created: Fri, 10 Jul 2020 14:13:04 GMT

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"The prevalence of actual infection in the country right now must be pretty high," the former FDA commissioner told CNBC on Friday.

Read more: Dr. Scott Gottlieb estimates as many as 1 in 150 people in U.S. are infected with coronavirus


MacBook Pro with Apple's new processor expected later this year, top Apple analyst says


Created: Fri, 10 Jul 2020 13:58:52 GMT

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Macs with Apple processors will allow the company to more closely control the Mac release schedule and deliver improvements, but it may face challenges to ensure apps run on its computers.

Read more: MacBook Pro with Apple's new processor expected later this year, top Apple analyst says


U.S. reports record single-day spike of 63,200 new cases of coronavirus


Created: Fri, 10 Jul 2020 14:39:45 GMT

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White House health advisor Dr. Anthony Fauci has urged officials in states where the outbreak is worsening to reconsider reopening plans.

Read more: U.S. reports record single-day spike of 63,200 new cases of coronavirus


Trump says Fauci 'made a lot of mistakes'


Created: Fri, 10 Jul 2020 12:16:53 GMT

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The president spoke about one of the country's top infectious disease experts in an interview with Hannity on Fox News.

Read more: Trump says Fauci 'made a lot of mistakes'


Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms


Created: Fri, 10 Jul 2020 11:34:18 GMT

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The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire.

Read more: Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms


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


Treasury yields off the lows after positive virus treatment news from Gilead


Created: Fri, 10 Jul 2020 13:08:37 GMT

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Treasury yields fell on Friday as traders monitor the health crisis and the subsequent pace of economic recovery.

Read more: Treasury yields off the lows after positive virus treatment news from Gilead


NYC schools chancellor defends partial fall reopen plans: 'There are no perfect choices'


Created: Fri, 10 Jul 2020 00:43:48 GMT

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"The perfect choice would be we have a vaccine and we're back to business, but we know that's not the case," said New York City Department of Education Chancellor Richard Carranza.

Read more: NYC schools chancellor defends partial fall reopen plans: 'There are no perfect choices'


SpaceX sees EXIM Bank as 'critical' in winning global market share from foreign competitors


Created: Thu, 09 Jul 2020 22:34:39 GMT

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United States space companies are hoping to get more help against foreign competitors through U.S. Export-Import Bank financing.

Read more: SpaceX sees EXIM Bank as 'critical' in winning global market share from foreign competitors


Pentagon leaders say they're evaluating whether to remove Confederate symbols from military bases


Created: Thu, 09 Jul 2020 22:07:35 GMT

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Pentagon leadership said Thursday that a process is underway to evaluate the potential removal of Confederate symbols from U.S. military installations.

Read more: Pentagon leaders say they're evaluating whether to remove Confederate symbols from military bases


CEO of Century 21 parent says suburban home search is up across the country, following New York's lead


Created: Thu, 09 Jul 2020 19:48:44 GMT

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"In every urban geography, the web traffic ... has changed, versus 6 to 12 months ago, to be much more suburban," Realogy CEO Ryan Schneider said.

Read more: CEO of Century 21 parent says suburban home search is up across the country, following New York's lead

 
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