Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Yasin Ozturk | Anadolu Agency | Getty Images Facebook on Tuesday announced it had removed a network of accounts, groups and pages associated with the
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U.S. government debt prices were higher Tuesday morning after Federal Reserve Chairman Jerome Powell emphasized the prolonged uncertainty facing the U.S. economy, as coronavirus cases soar in numerous states. At around 2:05 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6283% and the yield on the 30-year Treasury bond was down at 1.3780%. Yields move
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Federal Reserve Chairman Jerome Powell said big questions remain over the outlook for the economy, particularly in light of ongoing efforts to contain the coronavirus pandemic. In
U.S. government debt prices were lower Monday morning as risk-on sentiment sought a rebound, after record new coronavirus cases tempered optimism over an imminent economic recovery. At around 2:45 a.m. ET, the yield on the benchmark 10-year Treasury note was higher at 0.6512% and the yield on the 30-year Treasury bond rose to 1.3845%. Yields move inversely to prices. The
Secretary of Health and Human Services, Alex Azar wears a face mask while attending a press briefing about coronavirus testing in the Rose Garden of the White House on May 11, 2020 in Washington, DC. Drew Angerer | Getty Images Health and Human Services Secretary Alex Azar warned Sunday that time was running out for the
Spirits giant Diageo said Saturday it will be pausing paid advertising globally on “major social media platforms” beginning in July. The company, which is the maker of Johnnie Walker, Smirnoff and Guinness, said it will “continue to discuss with media partners how they will deal with unacceptable content.” The company didn’t immediately return requests for comment on
New York Gov. Andrew Cuomo conducts a news conference on the COVID-19 pandemic at the National Press Club in Washington D.C., after a meeting with President Trump at the White House on Wednesday, May 27, 2020. Tom Williams | CQ-Roll Call | Getty Images New York Gov. Andrew Cuomo announced on Saturday that the state’s
Coca-Cola on Friday announced it will be pausing paid advertising on all social media platforms globally for at least 30 days. The company clarified it was not joining the official boycott, but said “we are pausing” advertising. In the week since a group of organizations have called on Facebook advertisers to pause their ad spending during the
Zachariah Reitano Courtesy of Roman While stuck at home during the pandemic, consumers are buying more Viagra, birth control, hair-loss treatments and many other medications over the internet. Ro is looking like one of the big winners. Ro, a start-up that says its product suite spans “diagnosis to delivery,” has reached record revenue for four
U.S. government debt yields fell on Thursday amid concerns of a resurgence in Covid-19 infections in the United States with California, Texas and Florida seeing record numbers of new cases. On the data front, there will be personal income, consumer spending and core PCE (personal consumption expenditure) prices at 8.30 a.m. ET, and consumer sentiment
Life Time Fitness CEO Bahram Akradi on Thursday said that the gym industry could see a “small degradation” as more people opt for at-home workouts, although gymgoers will still return to their clubs once Covid-19 restrictions are lifted. “I think that a small degradation is possible,” Akradi told CNBC’s “Squawk on the Street.” “While the workout
At around 2:25 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6741% and the yield on the 30-year bond was down at 1.4258%. Yields move inversely to prices. Hopes of a quick economic recovery from the coronavirus pandemic have been dampened by a surge in new cases across a number
A person walks by a closed Banana Republic store on June 11, 2020 in San Francisco, California. Economic worries due to the coronavirus COVID-19 pandemic continue as an additional 1.5 million people filed for first-time unemployment benefits in the past week. Justin Sullivan | Getty Images The California Department of Public Health reported its second
Ben & Jerry’s co-founders Ben Cohen (L) and Jerry Greenfield (R) serve ice cream following a press conference announcing a new flavor, Justice Remix’d, September 03, 2019 in Washington, DC. Win McNamee | Getty Images Ben & Jerry’s said on Tuesday that it will pause all paid advertising on Facebook and Instagram in the U.S.
US President Donald Trump boards Air Force One prior to departure from Joint Base Andrews in Maryland, June 23, 2020, as he travels to Arizona to view the border wall and speak at a Republican student event. Saul Loeb | AFP | Getty Images The Arizona Department of Health reported nearly 3,600 additional Covid-19 cases
U.S. government debt prices were slightly lower on Tuesday morning as investors monitored the prospects of imminent economic recovery. At around 2:10 a.m. ET, the yield on the benchmark 10-year Treasury note was fractionally higher at 0.7053% and the yield on the 30-year bond was up slightly at 1.4662%. Yields move inversely to prices. Risk markets
WatchOS 7 will have a timer that helps you wash your hands long enough. Apple It’s not as easy as it sounds to correctly wash your hands. Most people don’t scrub for long enough or wash them as frequently as they need to. Even health care professionals don’t sufficiently wash their hands, despite being aware
U.S. government debt prices were lower Monday morning as investors monitored a rise in new coronavirus cases across the U.S., jeopardizing hopes of a quick economic recovery. At around 2:20 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6921% and the yield on the 30-year bond fell to to 1.4569%. Yields