U.S. Treasury yields were mixed on Friday as investors continued to assess the risk of an economic downturn. The yield on the benchmark 10-year Treasury note was trading marginally lower at 2.972%, paring losses after falling to 2.941% earlier in the session — its lowest level since June 6. Meanwhile, the yield on the 30-year
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Traders on the floor of the NYSE, June 29, 2022. Source: NYSE A multitude of factors conspired to generate the stock market’s worst first-half since 1970, but they all emanated from one word: inflation. The cost of living started the year running at levels the U.S. had not seen since the early 1980s. Worse, Federal
In this article SAVE JBLU ULCC A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines until July 8, hours before a meeting scheduled for
U.S. Supreme Court Justice Stephen Breyer speaks during an event at the Library of Congress for the 2022 Supreme Court Fellows Program hosted by the Law Library of Congress, in Washington, February 17, 2022. Evan Vucci | Pool | Reuters Supreme Court Justice Stephen Breyer told President Joe Biden that he will officially retire at
Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan. Rebecca Cook | Reuters Tesla is closing its office in San Mateo, California, and eliminating an estimated 200 jobs there, CNBC has confirmed, as part of a broader cost-cutting effort at the electric vehicle company. At the San Mateo
Cassidy Hutchinson, who was an aide to former White House Chief of Staff Mark Meadows during the administration of former U.S. President Donald Trump, testifies during a public hearing of the U.S. House Select Committee to investigate the January 6 Attack on the U.S. Capitol, on Capitol Hill in Washington, June 28, 2022. Evelyn Hockstein
In this article SAVE JBLU ULCC LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways again increased its offer for Spirit Airlines with a shareholder vote for the discounter’s deal to merge with Frontier Airlines just days away. Frontier sweetened its offer on Friday. Spirit’s
[The stream is slated to start at 1:10 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer
Amid the ongoing series of seesaw trading sessions, more investors are seeking a source of consistency to weather that volatility — and are increasingly taking a look at stocks that offer dividends. “Money has to be put to work. So, if you’re going to do it, value and dividends are a good way,” said Andrew
In this article SAVE ULCC A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines sweetened its offer to combine with fellow budget carrier Spirit Airlines, that airline said late Friday, less than a week
Pavlo Gonchar | Lightrocket | Getty Images The World Health Organization on Saturday said the rapid spread of monkeypox across dozens of nations does not represent a global health emergency at this time. WHO Director General Tedros Adhanom Ghebreyesus described monkeypox as an evolving health threat, however, and urged governments around the world to step
U.S. President Joe Biden speaks about U.S. vaccination progress following a visit to a District of Columbia Department of Health (DC Health) coronavirus disease (COVID-19) vaccination clinic, during remarks in the Roosevelt Room at the White House in Washington, U.S., June 21, 2022. Kevin Lamarque | Reuters President Joe Biden signed the nation’s most significant
In this article TWLO YELP Susan Wojcicki, CEO of YouTube addresses delegates of the World Economic Forum (WEF) in Davos, Switzerland May 24, 2022. Arnd Wiegmann | Reuters Salesforce CEO Marc Benioff, Microsoft co-founder Bill Gates, and departing Meta COO Sheryl Sandberg were among noteworthy tech executives speaking out publicly on Friday’s Supreme Court ruling which
In this article DIS Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Disney sent an internal memo to employees Friday, assuring them it will help pay for pregnancy-related care if they have to travel to a different state in lieu of the Supreme Court’s decision to overturn Roe v.
Excerpts from an email by U.S. Rep. Mo Brooks (R-AL) to former White House Chief of Staff Mark Meadows asking for pardons for members of Congress are shown on a screen during the fifth public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, on Capitol
Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images A new draft bill from House Financial Services Ranking Member Patrick McHenry, R-N.C., lays the groundwork for how the GOP will tackle financial data
In this article META Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each
Poor soil fertility emanating from land degradation is one of the causes of low crop productivity in Sub-Saharan Africa. Therefore, the issues of food insecurity and poverty have become prevalent in these countries. It is however imperative to explore agricultural innovations such as mineral fertilizer to improve soil fertility of the arable lands in Africa