Ant’s in the hole. The suspension of Ant Group’s much-anticipated initial public offering — rumored to be the biggest of all time — came as a surprise to global investors earlier this month, but there’s more to the story than meets the eye, Brendan Ahern, chief investment officer of KraneShares, told CNBC”s “ETF Edge” on
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Christopher Miller, director of the National Counterterrorism Center, testifies during a Senate Homeland Security and Governmental Affairs Committee hearing on “Threats to the Homeland” on Capitol Hill in Washington, September 24, 2020. Tom Williams via Reuters WASHINGTON — In his first message to U.S. military forces, acting Pentagon chief Chris Miller said he was “weary of war”
“Gator Girl” Christy Kroboth told CNBC that she thinks the massive alligator at a golf course in Naples, Florida was “real.” “I’ve seen huge gators, the biggest one I ever caught was 12.5 feet, and that’s enormous, they’re huge, they’re out there,” said Kroboth, who earns a living tracking and capturing alligators. Golf pro Tyler
Chicago Mayor Lori Lightfoot told CNBC on Friday that she understands people are growing weary of coronavirus restrictions, but she urged the city’s residents to comply with her stay-at-home advisory in order to prevent additional deaths from Covid-19. A day earlier, Lightfoot issued a 30-day advisory for the country’s third-largest city, which asks residents to
U.S. Treasury yields fell on Friday as confirmed cases of the coronavirus in the U.S. reached a record high on Thursday. The yield on the benchmark 10-year Treasury note sunk to 0.882% at 5:02 a.m. ET, while the yield on the 30-year Treasury bond fell to 1.635%. Yields move inversely to prices. Treasury yields tumbled
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook CEO Mark Zuckerberg on
U.S. President Donald Trump arrives to address reporters about the 2020 U.S. presidential election results in the Brady Press Briefing Room at the White House in Washington, U.S., November 5, 2020. Carlos Barria | Reuters The conservative lawyer John Yoo is among the latest legal voices to throw water on U.S. President Donald Trump’s attempts
Todd Haselton | CNBC Google on Wednesday announced the end of free unlimited storage for Google Photos, its online site for storing your pictures. Beginning June 1, 2021, any photos uploaded to Google Photos will count toward the free 15GB of storage it provides with Google accounts. It’s a big change from when Google Photos
The logos of the Chinese video portal TikTok and the US software and hardware manufacturer Oracle Corporation can be seen on a smartphone and screen on September 14, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Remember TikTok? That wildly popular user-generated video application that dominated headlines for months as a potential
Apple announced three new Mac computers on Tuesday: a MacBook Air, a 13-inch MacBook Pro, and a Mac Mini. They essentially look the same as their predecessors. What’s new this time is the chip that runs them. Now they’re powered by Apple’s M1 chip instead of Intel processors. Tuesday’s announcement marks the end of a
U.S. Treasury yields retreated on Tuesday from previous session highs, driven by the hopeful news of an effective coronavirus vaccine. The yield on the benchmark 10-year Treasury note fell back to 0.929% at 4:39 a.m. ET, while the yield on the 30-year Treasury bond slipped to 1.698%. Yields move inversely to prices. The benchmark yield
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Monday said it swung to a loss in the third quarter after the coronavirus pandemic weakened restaurant demand for
U.S. Treasury yields fell on Monday following Joe Biden’s presidential election win, amid increased risk appetite from investors with stock markets and futures rallying. The yield on the benchmark 10-year Treasury note dipped to 0.807% at 5:12 a.m. ET, while the yield on the 30-year Treasury bond fell to 1.585%. Yields move inversely to prices.
General Motors unveiled the 2022 GMC Hummer EV sport utility truck, or SUT, online and during national television broadcasts on Oct. 20, 2020. GM General Motors developed the 2022 GMC Hummer EV in rapid time with help of virtual reality, an increasing trend for the automotive industry before and during the coronavirus pandemic. GM CEO
Joe Biden delivered his first speech to the nation Saturday night after being projected to become president-elect of the United States. Biden sought to unify the nation with his speech, calling for healing and cooperation between political opponents as President Donald Trump has continued to refuse to concede. He also laid out his first priorities,
Democratic U.S. presidential nominee Joe Biden smiles as he takes off his mask to speak about the voting results of the 2020 U.S. presidential election during an appearance in Wilmington, Delaware, U.S., November 4, 2020. Kevin Lemarque | Reuters President-elect Joe Biden is expected on Monday to announce the members of his coronavirus task force,
Pennsylvania Lt. Gov. John Fetterman (D) told CNBC “it’s all over, but the crying” for President Donald Trump as his campaign continues to mount legal challenges in the state. As of Friday evening, the Trump campaign had five legal claims being litigated in state and federal courts in the Keystone State. Several of the challenges
Truck driver Oswaldo Monroy, 62, is tested for COVID-19 at an International Brotherhood of Teamsters testing site, as the spread of the coronavirus disease (COVID-19) continues, in Wilmington, near the Port of Los Angeles, California, June 25, 2020. Lucy Nicholson | Reuters The Food and Drug Administration announced on Friday that it has authorized the