Economy
Dow jumps nearly 600 points, S&P 500 snaps 3-day losing streak as tech stocks bounce, oil prices slide
The S&P 500 rose on Tuesday for its first gain in four days, as oil prices continued to drop further below $100 and a reading of wholesale inflation came in lighter than expected. The gains came as traders continued to eye the latest with ceasefire negotiations in Ukraine and China Covid lockdowns that could wreak […]
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Stocks making the biggest moves midday: American Airlines, Starbucks, Peloton and more
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 Check out the companies making headlines in midday trading. AMC Entertainment, Hycroft Mining — The movie theater chain saw its shares rally 6.8% after announcing it agreed to […]
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Putin’s invasion of Ukraine will knock 30 years of progress off the Russian economy
Russia’s Prime Minister Vladimir Putin addresses a rally at the Manezhnaya Square just outside the Kremlin in Moscow, late on March 4, 2012. Dmitry Astakhov | AFP | Getty Images WASHINGTON — Vladimir Putin’s unprovoked war on Ukraine and the resulting global response will set Russia’s economy back by at least 30 years — close […]
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Manchin comes out against Biden Fed nominee Raskin, throwing her confirmation into doubt
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, speaks before a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Sen. Joe Manchin, the most conservative Democrat in the […]
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White House considers a potential Biden trip to Europe amid escalating violence in Ukraine
US President Joe Biden boards Air Force One before departing from Tulsa International Airport in Tulsa, Oklahoma, on June 1, 2021. Mandel Ngan | AFP | Getty Images WASHINGTON — The White House is considering a presidential trip to Europe in the coming weeks, multiple outlets reported Monday, citing anonymous sources. A visit by President […]
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Egg freezing, IVF and surrogacy: Fertility benefits have evolved to become the ultimate workplace perk
Halfpoint Images | Moment | Getty Images When Priya and her husband discovered they were infertile, it cost them $20,000 and years of intrusive treatment to conceive their daughter. A couple of years later when they had their son, it was a fraction of the cost and relatively painless — thanks in large part to […]
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‘For the first time in history anyone can join a war’: Volunteers join Russia-Ukraine cyber fight
Cyber warfare is being waged, not only between Ukraine and Russia, but on behalf of these countries by “digital soldiers” from around the world. Rapeepong Puttakumwong | Moment | Getty Images Cyber warfare related to the Ukraine-Russia conflict is surging as digital volunteers from around the world enter the fight. The number of cyberattacks being […]
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Pfizer planning to submit data on 4th Covid shot soon, while working on vaccine for all variants
Pfizer plans to submit data to the Food and Drug Administration for a fourth Covid shot soon, and it’s working on a vaccine that protects against all coronavirus variants, CEO Albert Bourla told CNBC on Friday. “I think we’re going to submit to FDA a significant progress of data about the need for a fourth […]
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Countries crack down on ‘golden passport’ programs amid Russian oligarch sanctions
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Robert Frank joins ‘Squawk Box’ to report the U.S., EU and Canada are considering phasing out their “golden passport” programs amid sanctions against Russian oligarchs. 02:03 Fri, Mar 11 20228:17 AM EST Source
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China is ‘deeply’ worried about Ukraine crisis, Premier Li Keqiang says
Chinese Premier Li Keqiang speaks during a meeting with Russian President Vladimir Putin at the Kremlin in Moscow on September 18, 2019. Pavel Golovkin | Afp | Getty Images BEIJING — China is “deeply” worried about the crisis in Ukraine, Premier Li Keqiang said Friday, warning that sanctions will hurt global growth. “On Ukraine, indeed […]
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