Jorge Sanz | LightRocket | Getty Images Jitters around the delta variant hindering the economic comeback sparked a steep sell-off on Wall Street Monday, pushing a number of stocks into bear market territory already. The Dow Jones Industrial Average dropped as much as 930 points, on pace for its worst one-day decline of the year.
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In this article TSCO PSTH TSLA Check out the companies making headlines before the bell: AutoNation (AN) – The auto retailer reported quarterly earnings of $4.83 per share, well above the $2.81 consensus estimate. Revenue was also above consensus, with same-store new car sales up 42% over a year ago and used car sales up
In this article UAL AAL U.S. stock index futures were little changed during overnight trading on Sunday, after the major averages posted their first negative week in four. Futures contracts tied to the Dow Jones Industrial Average slid 48 points. S&P 500 futures were down 0.12%, while Nasdaq 100 futures were marginally lower. The Dow
In this article CMG MCD TikTok, best known for quick videos of lip-syncing teens and cute pet tricks, is now the go-to spot to find Gen-Z workers. Chipotle, Target, WWE and Shopify are among the companies teaming up with TikTok Resumes, a pilot program that lets job candidates submit video resumes on the social platform.
Treasury Secretary Janet Yellen speaks during the daily press briefing on May 7, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images U.S. Treasury Secretary Janet Yellen will meet with the President’s Working Group on Financial Markets next week to discuss the role stablecoins
England’s forward Jadon Sancho (C) is consoled by his teammates after missing a penalty during the UEFA EURO 2020 final football match between Italy and England at the Wembley Stadium in London on July 11, 2021. Laurence Griffiths | AFP | Getty Images A university has withdrawn an offer to a student following racist abuse
Companies are in desperate need of workers across the country as the economic reopening collides with a tight labor market, but the boom in manual labor job wage growth pre-dates the pandemic. Donna Kauffman, co-owner of a landscaping design and construction company in Colleyville, Texas, said a tightened labor market has pushed her starting wage
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. State Street — The financial firm’s shares rose 2.6% after beating on the top and bottom
In this article FB Dr. Nahid Bhadelia, founding director of the Center for Emerging Infectious Diseases at Boston University, told CNBC, that, medically, she agrees with President Joe Biden‘s assertion that platforms like Facebook are killing people by allowing Covid-19 vaccine misinformation on their services. “I think social media is playing a big role in amplifying
An executive chef interviews a job seeker about hospitality employment during a job fair on June 23, 2021 in Torrance, California. PATRICK T. FALLON | AFP | Getty Images The rapidly spreading delta variant of Covid-19 may be reason for Congress to extend federal unemployment benefits past their expiration in early September, according to some
People walk on their lunch break at the Raffles Place financial business district in Singapore on May 5, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore is introducing new differentiated Covid measures for dining in as new cases continue to rise. Only fully vaccinated individuals and people who have recovered from Covid-19
Gojek drivers wearing protective masks wait for a customer along a road in Jakarta, Indonesia on Wednesday, April 22, 2020. Dimas Ardian | Bloomberg | Getty Images SINGAPORE — Southeast Asia’s late-stage start-ups are attracting growing interest from blank-check companies that want to take them public, a venture investor told CNBC. More than 40 SPACs
Most people know Alexandra Nicole Nolan as a national brand influencer who has been featured on Forbes, Yahoo News, Hollywood Digest, and many other notable publications for her success in the digital marketing world, but there is more to this southern boss babe than meets the eye! This week, I got the chance to chat
Stephen Curry #30 of the Golden State Warriors drives to the basket against the Los Angeles Lakers during the 2021 NBA Play-In Tournament on May 19, 2021 at STAPLES Center in Los Angeles, California. Adam Pantozzi | National Basketball Association | Getty Images NBA star Steph Curry is now setting his sights on closing the
Nikolay Storonsky, founder and CEO of Revolut, on stage at the 2019 Web Summit technology conference in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — British fintech firm Revolut said Thursday it had raised $800 million in a new funding round led by SoftBank and Tiger Global. Revolut, which
The number of drug overdose deaths in the U.S. hit a grim record, as the nation simultaneously battled the Covid-19 pandemic. A total of 93,331 Americans died of a drug overdose in 2020, and that represents nearly a 30% increase from the year before, according to preliminary data from the Centers for Disease Control and
Visoot Uthairam | Moment | Getty Images Americans have lost nearly $500 million to Covid-related scams since the start of the pandemic, according to Federal Trade Commission data. And the agency is warning that con artists will likely try to take advantage of families who expect to get monthly payments from the child tax credit,
Money managers began moving into tech stocks as a hedge against inflation and Fed rate hikes, CNBC’s Jim Cramer said Tuesday. Rising raw costs led to a 5.4% increase in inflation last month, the biggest jump in consumer prices in more than a decade. That triggered concern among some investors that the Federal Reserve could