John David Washington stars in the upcoming spy-thriller “Tenet” from director Christopher Nolan. Warner Bros. After months of delays Christopher Nolan’s “Tenet” finally landed in U.S. theaters over the weekend, cashing in more than $20 million in ticket sales. The spy thriller, distributed by Warner Bros., inched closer to $150 million globally, the company reported,
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Jack Dorsey, chief executive officer of Twitter Inc. and Square Inc., speaks during an Empowering Entrepreneurs events at Ryerson University in Toronto, Ontario, Canada, on Tuesday, April 2, 2019. Cole Burston | Bloomberg | Getty Images A remarkable changing of the guard is happening in finance. This week, the market capitalization of fintech payments firm Square exceeded
DETROIT – Jeep aims to punch above its weight with the arrival next year of the Grand Wagoneer, a vehicle will top $100,000 fully loaded and bring the brand into the highly profitable large SUV segment. But defying skeptics as an underdog is something its parent company, Fiat Chrysler, has taken pride in doing as the smallest
Job creation in August represents continued improvement in the U.S. economy but a full recovery won’t happen until the coronavirus pandemic is under control, Boston Federal Reserve President Eric Rosengren said Friday. Unemployment fell to 8.4% as nonfarm payrolls rose by 13.7 million last month, the Labor Department reported, in numbers that were significantly better
Roberto Arias prepares a grave for burial at Woodlawn Cemetery during the coronavirus disease (COVID-19) outbreak in Everett, Massachusetts, U.S., May 27, 2020. Brian Snyder | Reutes The U.S. will top more than 410,000 Covid-19 deaths by the end of the year as the country heads into the fall and winter, according to a new forecast from the Institute
Jennifer Haynes, a self-employed chef and single mother living in Rancho Cucamonga, Calif., is struggling to make ends meet after unemployment benefits abruptly stopped in July without explanation. Meanwhile, the 42-year-old is the sole provider for twin boys, one of whom has special needs. Jennifer Haynes Jennifer Haynes didn’t just fall through cracks in the
Liu Yifei stars in Disney’s “Mulan.” Disney There’s a reason that blockbuster tentpoles are meant to be seen in theaters. Unfortunately, for audiences in the U.S., the ongoing coronavirus pandemic forced Disney to postpone its theatrical release of “Mulan” and, ultimately, give it a home on Disney+. The film, which seeks to merge the 6th
Federal Reserve Chairman Jerome Powell, wearing a face mask, testifies before the House of Representatives Financial Services Committee during a hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), on Capitol Hill in Washington, U.S., June 30, 2020. Tasos Katopodis | Reuters Interest rates are
With Labor Day weekend approaching, top U.S. health officials are pleading with the American public to maintain public safety precautions, such as mask-wearing and social distancing. The U.S. is headed into the fall with a troubling level of spread if the country can’t bring the daily numbers down through September, White House coronavirus advisor Dr.
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Tesla — Tesla shares whipsawed in midday trading, trading higher by 0.5% after falling as much as 8.5% and into bear-market territory earlier in the session. The stock of the electric car maker has come under marked pressure
Dado Ruvic | Reuters Johnson & Johnson‘s potential coronavirus vaccine prevented severe illness in a small group of Syrian golden hamsters, the company announced Thursday. J&J researchers vaccinated hamsters with a single dose and then exposed the rodents to the virus four week later, the company said. J&J said the vaccine elicited neutralizing antibodies, which
A pedestrian passes in front of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images U.S. stock futures fell on Thursday night following a massive decline sparked by tech shares during regular trading. Dow Jones Industrial Average futures dipped 101 points, or 0.4%. S&P 500 futures were down by 0.4% and Nasdaq
A shot of Industrial Light and Magic’s StageCraft, an LED stage production technology created for “The Mandalorian.” Disney The ongoing coronavirus pandemic has crippled film production in the U.S., causing shooting delays and hindering widespread travel. A technology developed for the Disney+ series “The Mandalorian” could be the solution. Due to Covid-19, productions have scrambled
PNC Financial’s Amanda Agati is positioning for a challenging fall. Agati, the firm’s chief investment strategist, questions whether the market can move meaningfully higher with uncertainty relating to the presidential election, the coronavirus’ path and effectiveness of vaccine trials churning in the background. “I don’t know if I want to say — or go as far
Grant Mohn of Las Vegas attempts to fry an egg in the parking area at Badwater Basin, the lowest point in North America at 279 feet below sea level, in Death Valley National Park, California, U.S. August 17, 2020. David Becker | Reuters As the world heats up, cities with heat-trapping asphalt and little tree
Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. The SEC says Musk violated his agreement with the agency when he tweeted on February 19 that Tesla would make about half a million cars in 2019, before tweeting a few hours later that
Convalescent plasma from a recovered coronavirus disease (COVID-19) patient is seen at the Central Seattle Donor Center of Bloodworks Northwest during the outbreak in Seattle, Washington, April 17, 2020. Lindsey Wasson | Reuters A panel of experts convened by the National Institutes of Health said Tuesday there is “insufficient data” to show convalescent plasma works against
September may look much calmer than Wall Street anticipates. According to CFRA’s Sam Stovall, an election year trend going back to the 1940s suggests volatility won’t make a comeback in this month. “A lot of strategists are saying that as we head into the election, markets are likely to get a lot more volatile,” the