This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day as the news breaks. Global cases: At least 621,636 Global deaths: At least 28,658 U.S. cases: At least 105,470 U.S. deaths: At least 1,710 All […]
Tag: Bank of America Corp
Lack of internet cuts off millions, Real ID extended
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 542,700 Global deaths: At least 24,361 US cases: At least 85,996 US deaths: At least 1,300 The data […]
The Masters is postponed, Buffett moves shareholder meeting online
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 135,000, according to data compiled by Johns Hopkins University. Global deaths: At least 4,977, according to data compiled by Johns […]
JPMorgan Chase orders up to half NY metro employees to work from home
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images JPMorgan Chase on Thursday told managers to implement a plan to have employees based in offices in Manhattan, Brooklyn and Jersey City to start working from home beginning on Friday. “We are asking our managers […]
Citi’s Corbat says ‘this is not a financial crisis’ in Trump meeting
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup CEO Michael Corbat said Wednesday that the current turmoil caused by the coronavirus isn’t stemming from the financial system. “This is not a financial crisis,” Corbat said during a White House meeting. “The banks […]
Citigroup traders joins other banks in coronavirus precaution
A man runs past the New York Stock Exchange (NYSE). Bloomberg Hundreds of Wall Street traders are about to change their commute starting Monday. Citigroup is sending traders and salespeople from its headquarters in downtown Manhattan to a backup facility in Rutherford, New Jersey, next week in contingency plans tied to the coronavirus, according to […]
Dow futures up 100, coronavirus cases jump
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 8:33 am: Dow futures up 100 points Futures on the Dow Jones Industrial Average now rose 100 points, indicating a near 150-point higher open. Stock attempt to come back from […]
Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away
This is a live blog. Check back for updates A trader works at the New York Stock Exchange in New York, the United States, on Feb. 24, 2020. Photo by Wang Ying | Xinhua | Getty 4:01 pm: Dow drops 3%, bringing 2-day point loss to 1,910 Major averages slid on Tuesday, accelerating Monday’s sharp […]
Dow positive, coronavirus ‘buy’ signal?, record copper losing streak
The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images This is a live blog. Check back for updates. 3:05 pm: Dow turns positive as WHO calms coronavirus fears The Dow erased a 200-point drop and turned positive after the World Health […]
Climate crisis investors putting money towards sustainable future
The dangers of local weather change are already impacting traders, with more and more frequent local weather disasters like wildfires, drought, flooding and heatwaves threatening enterprise operations and properties the world over. Many traders are actually selecting to funnel their cash into investments that handle local weather change danger, and asset managers are dashing […]