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Healthcare workers prepare Pfizer coronavirus disease (COVID-19) vaccinations in Los Angeles, California, January 7, 2021. Lucy Nicholson | Reuters The White House coronavirus task force said there could be a new variant of the virus that evolved in the U.S. and is driving spread, according to a document obtained by NBC News. The new variant,

Christian Sewing, chief executive officer of Deutsche Bank AG, pauses as Germanys biggest bank announces full year earnings in Frankfurt, Germany, on Friday. Feb. 1, 2019. Deutsche Banks revenue contracted for an eighth straight quarter in the final months of last year, complicating Chief Executive Officer Christian Sewings plan to turn around the lender through

Vice Mayor Alix Desulme, City of North Miami, raises his arm during a prayer for local lives lost to COVID-19 as a memorial to those lost is unveiled at Griffing Park on October 28, 2020 in North Miami, Florida. Joe Raedle | Getty Images More than 4,000 people died of Covid-19 in the United States

Source: American Express American Express shares fell after the Wall Street Journal reported that the investigative arms of three U.S. financial agencies were probing the card issuer’s sales practices. Shares of the company dipped 1.3% Thursday after falling as much as 5% earlier. The offices of the inspectors general of the Federal Reserve, Treasury Department

Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Elon Musk just became the richest person in the world, with a net worth of more than $185 billion. Thursday’s increase in Tesla’s share price pushed

Money manager Yana Barton expects Big Tech and health care to dominate market gains for the next 12 months and beyond. Despite a recent Wall Street rotation into economically sensitive groups, Barton wants to stick with what’s working. “All the secular tailwinds that were with us in 2020 are only accelerating,” Eaton Vance’s growth equity

Democratic candidates for Senate Jon Ossoff (L), Raphael Warnock (C) and US President-elect Joe Biden (R) bump elbows on stage during a rally outside Center Parc Stadium in Atlanta, Georgia, on January 4, 2021. Jim Watson | AFP | Getty Images Democrats won Tuesday’s two Senate runoff elections in Georgia, NBC News projected Wednesday, clinching

Pro-Trump supporters storm the U.S. Capitol following a rally with President Donald Trump on January 6, 2021 in Washington, DC. Samuel Corum | Getty Images J.P. Morgan Chase CEO Jamie Dimon and other American business leaders called for an end to the violence at the Capitol and asked President Donald Trump and others to step

Volunteers prepared doses of the Moderna COVID-19 Vaccine at Forand Manor in Central Falls, RI on December 30, 2020. Boston Globe | Boston Globe | Getty Images The European Medicines Agency on Wednesday recommended Moderna’s coronavirus vaccine for use in the European Union, at a time when criticism grows about the slow rollout of jabs

Traders work on the floor of the NYSE. NYSE The contests will determine control of the Senate for the next two years. Many believe a Democrat-controlled Senate could make it easier for lawmakers to push through a bigger stimulus. More government spending could lead to higher inflation, which would drive yields higher. “It’s almost like

The entrance to a Macy’s department store. Jeffrey Greenberg | Universal Images Group | Getty Images Macy’s has notified the employees at about 45 of its department stores that they will close by the middle of this year, CNBC has learned. The closures are part of a previously announced plan by Macy’s to shut 125

Take a look at some of the biggest movers in the premarket: Micron Technology (MU) – Citi gave the chip and hard drive maker a double upgrade, to “buy” from “sell,” based on its expectation of a long-awaited upturn in DRAM memory chip market. Micron rose 3.2% in premarket trading as of 7:39 a.m. ET.

The U.S. Covid vaccination effort is far behind original estimates. More than 15.4 million doses have been delivered to states, but only 4.5 million Americans have received their first shot according to the Centers for Disease Control and Prevention. Providence Hospital System, however, has defied the country’s slow rollout trend and has given the first

Jeff Bezos, Warren Buffett and Jamie Dimon. CNBC Haven, the joint venture formed by three of America’s most powerful companies to lower costs and improve outcomes in health care, is disbanding after three years, CNBC has learned exclusively. The company began informing employees Monday that it will shut down by the end of next month,

Alonso Lugo helps a patient try to stand inside the coronavirus disease (COVID-19) unit at United Memorial Medical Center in Houston, Texas, U.S., December 30, 2020. Callaghan O’Hare | Reuters It’s been a year since Chinese health authorities said they were investigating a small cluster of pneumonia-like cases with an unknown cause linked to a

Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures opened along the flatline on Sunday night ahead of the first session of 2021 following a volatile year of trading. Dow Jones Industrial Average futures were down just 37 points, or 0.1%. S&P 500 and Nasdaq 100 futures dipped marginally.

A photo illustration of pirated music being illegally downloaded with the legal music service iTunes in the background on in London, England. Matthew Lloyd | Getty Images 2021 will be a very different year for the movie theater business. Studios, hoping to find ways of turning a profit on big budget blockbusters, have turned to

Igor Golovniov/SOPA Images/LightRocket via Getty Images Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night. That would mirror what happened this past spring, when deceased individuals were among the recipients of a prior round of direct payments, of up to $1,200 per person. More than 1 million