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Created: Thu, 04 Mar 2021 22:07:54 GMT
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The bond market cringed Thursday when Federal Reserve Chairman Jerome Powell expressed little worry about inflation.Read more: Here's why inflation is kryptonite for bonds as Powell's comments rock markets
Created: Fri, 05 Mar 2021 05:59:24 GMT
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The move in futures followed a sharp sell-off triggered by Federal Reserve Chair Jerome Powell's remarks on rising bond yields.Read more: Stock futures little changed after a steep sell-off on Wall Street amid surging bond yields
Created: Fri, 05 Mar 2021 01:07:42 GMT
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Senate Democrats hope to pass the $1.9 trillion coronavirus relief bill by this weekend as they try to renew unemployment aid programs.Read more: Senate takes first step toward passing $1.9 trillion Covid relief bill — here's what happens next
Created: Fri, 05 Mar 2021 06:14:55 GMT
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The world is facing a shortage of sand — and climate scientists say it constitutes one of the greatest sustainability challenges of the 21st century.Read more: A sand shortage? The world is running out of a crucial — but under-appreciated — commodity
Created: Thu, 04 Mar 2021 23:40:52 GMT
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"The stock market is about to have a serious oversupply problem with no concomitant buybacks or dividends to fall back on this moment," Jim Cramer said. Read more: Cramer warns a looming 'stock glut' will put more pressure on markets
Created: Fri, 05 Mar 2021 05:35:08 GMT
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China is going to focus on developing a number of technology areas including semiconductors, health care, quantum computing and cloud computing.Read more: China spending on research and development to rise 7% per year in push for major tech breakthroughs
Created: Thu, 04 Mar 2021 22:39:56 GMT
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Occidental CEO Vicki Hollub says the recovery in crude oil demand is happening faster-than-expected, but she doesn't see a return to pre-Covid levels in the US.Read more: U.S. oil production won't return to pre-pandemic levels, says Occidental CEO
Created: Fri, 05 Mar 2021 03:39:47 GMT
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Chinese Premier Li Keqiang said the nation aimed for an urban unemployment rate of around 5.5% and targeted the creation of more than 11 million new urban jobs.Read more: China sets 2021 GDP growth target of more than 6% as premier warns of 'formidable tasks' in finance
Created: Thu, 04 Mar 2021 19:21:34 GMT
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Mark Cuban has been at the forefront of the wave of interest in blockchain tech and NFTs, or non-fungible tokens, which he says is "here to stay."Read more: Mark Cuban: Crazy NFT prices 'will settle down' over time, but the tech is here to stay
Created: Fri, 05 Mar 2021 00:10:47 GMT
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The stock market rally can't resume until investors work through the five stages of grief, CNBC's Jim Cramer said.Read more: Cramer says investors are in denial about stocks: 'The sell-off is real'
Created: Fri, 05 Mar 2021 00:48:18 GMT
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Gap Inc. is calling for a bounce back to sales growth in 2021, hopeful that customers will soon return to its stores and spend more money on apparel. Read more: Gap forecasts return to sales growth in 2021, sending shares higher despite sales miss
Created: Thu, 04 Mar 2021 20:43:44 GMT
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Hiring likely improved in February, but winter weather could have hampered some activity.Read more: Employers likely added more jobs in February, but economists say there’s no bounce back yet
Created: Thu, 04 Mar 2021 22:53:47 GMT
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U.S. stocks tumbled after Fed Chairman Jerome Powell said the reopening could cause temporary inflation. Here's what investors are saying about the markets.Read more: U.S. stocks fall after Powell's inflation warning — Here's what investors are watching now
Created: Fri, 05 Mar 2021 00:39:53 GMT
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State Department strongly condemns the increase violence against protestors in Myanmar, suggests further action is comingRead more: U.S. imposes trade sanctions on Myanmar, calls on China to help end coup as violence escalates
Created: Fri, 05 Mar 2021 01:14:30 GMT
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The military has tasked thousands of service members to help vaccinate communities across the nation.Read more: Fauci says military members who opt out of Covid vaccine are inadvertently 'part of the problem'
Created: Thu, 04 Mar 2021 23:16:31 GMT
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Tiffany Dangerfield quit her job at FedEx after the Covid shutdown closed her three children's school indefinitely. Now she uses Etsy to make extra cash. Read more: This mother of three started a soap company after school closures forced her to quit her job
Created: Fri, 05 Mar 2021 02:59:59 GMT
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The People's Bank of China has been developing the digital yuan, a so-called central bank digital currency that aims to replace some of the cash in circulation.Read more: China has given away millions in its digital yuan trials. This is how it works
Created: Thu, 04 Mar 2021 22:22:52 GMT
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It was created by David Dobrik, a popular YouTuber who gained early fame on the now-defunct social network Vine. Read more: Here's a look at Dispo, the invite-only picture sharing app everyone's talking about
Created: Thu, 04 Mar 2021 19:56:23 GMT
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Amazon is nearing a deal to produce all Thursday night NFL games for its Prime Video service, which could boost its Prime subscription service and its ad unit.Read more: Why Amazon joined the fight over NFL broadcasting rights
Created: Thu, 04 Mar 2021 21:26:08 GMT
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The 10-year U.S. Treasury yield rose on Thursday. Read more: 10-year Treasury yield jumps back above 1.5% after Powell comments on inflation
Created: Thu, 04 Mar 2021 22:34:01 GMT
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Kroger CEO Rodney McMullen told CNBC on Thursday he does not anticipate problematic food inflation in 2021 but that month-to-month prices may be volatile.Read more: Kroger CEO says he expects normal levels of food inflation in 2021 but that prices may be volatile
Created: Thu, 04 Mar 2021 22:38:59 GMT
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Some investors were disappointed that Powell didn't make a strong hint of any changes in asset purchases by the Fed to contain the rapid increase in rates.Read more: Dow falls more than 300 points as Powell fails to ease rate fears, Nasdaq goes negative on the year
Created: Thu, 04 Mar 2021 23:58:29 GMT
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Google's post Wednesday warned against solutions "like PII graphs based on people's email addresses," casting doubt on the future of some ad-tech proposals.Read more: The Trade Desk stock drops 20% in two days after Google clarifies ad-tracking policy
Created: Fri, 05 Mar 2021 01:09:54 GMT
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Sponsors are rushing to get their deals done in an increasingly crowded space with nearly 60 SPACs identifying their merger targets in February alone.Read more: SPACs are becoming less of a sure thing as the deals get stranger, shares roll over
Created: Thu, 04 Mar 2021 20:57:34 GMT
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The incident comes after two Black Salesforce employees pointed to workplace issues in resignation letters they published on LinkedIn.Read more: Somebody hijacked Salesforce's LinkedIn account and posted support for Black Lives Matter
Created: Thu, 04 Mar 2021 23:22:49 GMT
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The private and public sectors must collaborate to combat climate change by investing in sustainable energy and technology, Biden climate czar John Kerry said.Read more: Biden climate envoy John Kerry talking to banks, asset managers about mobilizing capital for clean energy
Created: Thu, 04 Mar 2021 23:33:43 GMT
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SpaceX denounced the Department of Justice's subpoena for corporate hiring records, saying the inquiry "is the very definition of government overreach."Read more: SpaceX denounces Justice Department’s subpoena in hiring practices investigation as 'government overreach'
Created: Thu, 04 Mar 2021 20:53:22 GMT
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Susan Wojcicki said it's still unclear when the ban would be lifted due the still "elevated risk of violence."Read more: YouTube CEO says the platform will lift Trump's suspension when risk of violence drops
Created: Thu, 04 Mar 2021 19:00:03 GMT
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The pickup – potentially named Maverick – is expected to be smaller than Ford's current Ranger model.Read more: Ford quietly begins production of new 'C' pickup in Mexico
Created: Thu, 04 Mar 2021 21:06:29 GMT
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A fund for victims of the late Jeffrey Epstein, a former friend of Donald Trump and Bill Clinton, has been frozen because of liquidity problems with his estate.Read more: Frozen fund for Jeffrey Epstein victims needs $50M sale of sex criminal's NY mansion to go through, lawyer says
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