A healthcare worker from the El Paso Fire Department administers the Moderna vaccine against the coronavirus disease (COVID-19) at a vaccination centre near the Santa Fe International Bridge, in El Paso, Texas, May 7, 2021. Jose Luis Gonzalez | Reuters People in rural areas are receiving the Covid-19 vaccines at a lower rate than those
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A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, November 6, 2018. Johannes Eisele | AFP | Getty Images American businesses are bearing most of the cost burden from the elevated tariffs imposed at the height of the U.S.-China trade war, said Moody’s Investors Service. The ratings
Johnson & Johnson’s coronavirus disease (COVID-19) vaccines are seen at Northwell Health’s South Shore University Hospital in Bay Shore, New York, March 3, 2021. Shannon Stapleton | Reuters President Joe Biden on Monday will announce that the U.S. plans to send millions of additional coronavirus vaccine doses to foreign countries still being battered by the
The reflation trade is in full swing. Commodity prices such as for oil and metals have spiked this year with investors betting on the economic recovery and related demand for materials, manufacturing and construction. Invesco’s PDBC Commodity Strategy ETF, which tracks the most heavily traded commodities, has risen nearly 26% in 2021 as the S&P
Les Moonves, CEO, CBS Mike Blake | Reuters Former CBS CEO Les Moonves, who left the media company in 2018 amid sexual harassment and assault allegations, has dropped an attempt to recoup a $120 million severance award. The money, which has been held in a grantor trust, will revert back to the company, which is
Jerry West may be the man whose silhouette graces the National Basketball Association logo, but he’s also the man responsible for making Kobe Bryant a Los Angeles Laker. The eight-time NBA champion spoke to CNBC’s “The News with Shepard Smith” about his relationship with the former Lakers superstar and his thoughts about his late friend,
A gas station runs out of gasoline after motorists rush to fill up on May 12, 2021 in Arlington, Virginia. Chen Mengtong | China News Service | Getty Images Colonial Pipeline has returned its entire system to normal operations and is delivering millions of gallons of fuel each hour after a ransomware attack forced the company
Marqeta Headquarters in Oakland, Calif. Yalonda M. James | San Francisco Chronicle | Hearst Newspapers via Getty Images Marqeta has become one of the hottest businesses in digital commerce, even though few consumers have ever heard of it. Its name is about to become much more familiar. On Friday, the company filed to go public
A person sits in Bryant Park after the Centers for Disease Control and Prevention (CDC) announced new guidelines regarding outdoor mask wearing and vaccination during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, New York, U.S., April 27, 2021. Andrew Kelly | Reuters Disney was quick to announce that it plans
In this article 6723.T-JP F GM 8TI-FF NXPI The ongoing semiconductor chip shortage is now expected to cost the global automotive industry $110 billion in revenue in 2021, according to consulting firm AlixPartners. The forecast is up by 81.5% from an initial forecast of $60.6 billion, which the New York-based firm released in late January
In this article PEJ Money is pouring into one exchange-traded fund tied to the reopening trade. Invesco’s Dynamic Leisure and Entertainment ETF (PEJ) has seen its assets climb from around $50 million a year ago to $700 million at the start of 2020 and more than $1.5 billion as of this Thursday, said John Hoffman,
U.S. President Joe Biden delivers remarks on the COVID-19 response and the ongoing vaccination program at the Eisenhower Executive Office Building on May 12, 2021 in Washington, DC. Drew Angerer | Getty Images WASHINGTON — President Joe Biden signed an executive order Wednesday aimed at strengthening U.S. cybersecurity defenses, a move that follows a series
A commuter rolls up his sleeve to receive a vaccination shot for the coronavirus disease (COVID-19) at Grand Central Station Terminal train station in Manhattan in New York City, New York, U.S., May 12, 2021. Carlo Allegri | Reuters After weeks of declines, the U.S. pace of daily vaccinations is improving in recent days. The
Dr. Kavita Patel is slamming the Centers for Disease Control and Prevention for not effectively updating its Covid mask guidance. “I think the CDC’s credibility is eroding as quickly as the cases of coronavirus are eroding,” said Patel on CNBC’s “The News with Shepard Smith.” “That’s not good news, because, we do need workplace guidance,
A Boeing 737 MAX jet lands following Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. Jason Redmond | AFP | Getty Images Boeing‘s April aircraft orders outpaced cancellations for a third consecutive month but deliveries of its bestselling 737 Max plane are still paused as it scrambles
In this article AAL Holding tanks are seen at Colonial Pipeline’s Charlotte Airport Delivery Facility in Charlotte, North Carolina, U.S. an undated photograph. Colonial Pipeline | via Reuters The cyberattack that forced the shutdown of the country’s largest refined fuel-products pipeline over the weekend has sparked some routing changes for American Airlines as it seeks
Chicago Federal Reserve President Charles Evans told CNBC on Monday that employment and inflation will have to pick up substantially before he will change his position on monetary policy. Speaking after Friday’s hugely disappointing jobs report, the central bank official said he still thinks the employment picture is strong, though significant areas of weakness remain.
SpaceX founder Elon Musk gestures to the audience after being recognized by U.S. President Donald Trump at NASA’s Vehicle Assembly Building following the successful launch of a Falcon 9 rocket with the Crew Dragon spacecraft from pad 39A at the Kennedy Space Center Paul Hennessy | SOPA Images | Getty Images Elon Musk’s SpaceX will