Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures cut sharp losses as $130 crude comes a bit off the boil Traders work on the floor o...
Tag: Politics
New Jersey governor hopes mask mandates in schools done forever
Democratic New Jersey Gov. Phil Murphy told CNBC on Monday he’s hopeful the state’s school mask mandate will remain a policy of the past, suggesting it’s part of a shift toward livin...
U.S. far from normal with Covid deaths much higher than flu: report
Nurse practitioner Deborah Beauplan administers a COVID-19 swab test at a drive-thru testing site set up for Suffolk County, New York. Newsday | Getty Images The U.S. has a long way to go before the p...
Moderna reaches preliminary agreement to build Covid vaccine manufacturing plant in Africa
A health official prepares a syringe with the Moderna Covid-19 vaccine prior to administering it during a mass Covid-19 vaccination drive in Nairobi on September 17, 2021. Simon Maina | AFP | Getty Im...
U.S. will defend NATO Baltic states against Russia, Blinken says
U.S. Secretary of State Antony Blinken delivers remarks to U.S. Embassy staff at the Vilnius Rotuse in Vilnius, Lithuania March 7, 2022. Olivier Douliery | Reuters Secretary of State Anthony Blinken o...
NFTs Enters Politics, South Korean Presidential Candidate Launches His NFTs
Finally, Non-fungible token (NFT) has made its entry into politics. The South Korean Presidential Election has witnessed the involvement of NFTs to woo the younger voters. In a bid to win the election...
Levi Strauss suspends sales in Russia
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss announced Monday it will suspend sales in Russia in response to the country’s invasion of Ukraine. The apparel com...
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their...
Gymnast faces action after appearing to wear Russian war symbol
close up of hands and rings Robert Decelis Ltd | Stone | Getty Images Ivan Kuliak is facing disciplinary action from the International Gymnastics Federation (FIG) after appearing to wear a Russian war...
Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia
TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...
Why a California city is trying to build the state’s last power plant
People gathered in Glendale in February to protest the city’s approval to build a fossil-fueled power plant. Courtesy of Morgan Goodwin Glendale, a Los Angeles suburb that’s home to Walt D...
Cramer’s Mad Money Recap 3/4: Kohls, CrowdStrike, Rivian
Today’s amazing labor report was no match for the nightmare unfolding in Ukraine, Jim Cramer told his Mad Money viewers Friday. The news that Russian forces shelled an active nuclear power plant...
PayPal suspends its services in Russia over Ukraine war
The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country...
Russian Sanctions May Cripple a Once Promising Car Market
Trappings of war typically include ruthless mass destruction and systemic and deep rooted pain to a country’s economy. And Russia’s invasion of Ukraine is leading to precisely that. Wester...
China defense spending to rise by 7.1% in 2022, says finance ministry
Chinese President Xi Jinping inspects troops during a parade on October 1, 2019, to celebrate the 70th Anniversary of the founding of the People’s Republic of China at Tiananmen Square in 1949, ...
The Worst Is Yet to Come for Russia’s Economy. 50-50 Odds on a Russian Bond Default.
The Kasimovskoye underground gas storage facility, operated by Gazprom, in Kasimov, Russia. Russia is under unprecedented sanctions from much of the global economy. Andrey Rudakov/Bloomberg Text size ...
New Jersey will end omicron health emergency, NYC to lift indoor vaccine mandate
New Jersey Governor Phil Murphy speaks to volunteers as he meets with Newark Mayor Ras Baraka during the gubernatorial election in Newark, New Jersey, November 2, 2021. Eduardo Munoz | Reuters New Jer...
Russia sanctions spark fire sale, asset freezes for UK-based oligarch
Roman Abramovich, owner of Chelsea, waves at fans after the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021, in Porto, Portugal. Alex Livesey &#...
Pfizer, Moderna project $51 billion in combined vaccine sales this year
Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Pfizer and Moderna expect $51 bill...
More than 90% of U.S. population can ditch facemasks under CDC Covid guidance
US President Joe Biden holds up a KN95 mask as he delivers an update on his Administrations whole-of-government COVID-19 surge response at the White House in Washington, DC, on January 13, 2022. Jim W...
Russian billionaires lose over $80 billion in wealth
Russian billionaire and businessman Alisher Usmanov arrives to the openings of new monument to former Russian Prime Minister Yegeny Primakov at Smolenskaya Square inin Central Moscow, Russia, October,...
Here are the Russian oligarch yachts being seized as sanctions sink in
A file photo dated September 10, 2018 shows mega yacht named “Dilbar” belonging to Uzbek-born Russian business-magnate Alisher Usmanov as it refuels by a tanker in Mugla, Turkiye. Germany ...
Russia oil disruption would spur ‘significantly’ higher prices
Darren Woods, Chairman and CEO, Exxon Mobil. Katie Kramer | CNBC U.S. oil surged to the highest level since 2008 on Thursday, and Exxon CEO Darren Woods said prices could be heading much higher. ̶...
Watch Federal Reserve Chair Powell speak live
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday before the U.S. Senate Comm...
Opinion: I’m raising cash and getting defensive as the stock market works through its excesses
This war is shameful and crazy. All wars are. And there’s no telling what President Putin is going to do next. What I do know is that the globalized world economy is not going back to what it was. The...