From Israel to South Korea to China, governments around the world are using technology to track the coronavirus outbreak as they race to stem its spread. But how long will it last and is this an infringement of privacy, rights groups have asked. In China, government-installed CCTV cameras point at the apartment door of those under […]
Tag: business news
India’s streets sit empty, global cases near 500,000
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 492,000 Global deaths: At least 22,000 US cases: At least 69,000 US deaths: At least 1,000 The data […]
US to indict Venezuela’s Maduro on criminal drug charges
Venezuela’s President Nicolas Maduro speaks during a ceremony to mark the 17th anniversary of the return to power of Venezuela’s late President Hugo Chavez in Caracas, Venezuela April 13, 2019. REUTERS | Carlos Garcia Rawlins | File Photo WASHINGTON — The Trump administration announced Thursday indictments against Venezuela’s Nicolas Maduro and members of his inner circle […]
Dow up 800, jobless claims top 3 million, stimulus bill to House
This is a live blog. Please check back for updates. 10:55 am:Â Markets may weaken with future economic data, strategist says Matt Miskin, co-chief investment strategist at John Hancock Investment Management, said equity markets could struggle in future weeks as the economic data continues to worsen. “The economic data is likely to get worse before it […]
Senate, Fed coronavirus aid is greatest fiscal-monetary bazooka ever
Paul Tudor Jones Kevin Mazur | Getty Images Hedge fund manager Paul Tudor Jones said Thursday investors should commend Washington’s policy response to the economic shock from the coronavirus pandemic. “Investors can take heart that we’ve counteracted this existential shock with the greatest fiscal, monetary bazooka. It’s not even a bazooka. It’s more like a nuclear bomb,” […]
Apple drops after report says iPhone launch could be delayed
A man uses his mobile phone as he walks past advertising for the new iPhones outside the Apple store in Hong Kong on October 10, 2019. Philip Fong | AFP | Getty Images Apple shares dropped late during the trading day on Wednesday after the Nikkei Asian Review reported that the company considered delaying its annual iPhone […]
New York City weighs closing parks, playgrounds and streets to enforce social distancing, Gov. Cuomo says
New York Governor Andrew Cuomo speaks to the media at the Javits Convention Center which is being turned into a hospital to help fight coronavirus cases on March 24, 2020 in New York City. Eduardo Munoz Alvarez | Getty Images New York state and city officials plan to close some NYC streets may close parks […]
Trump mocks virus fear for Romney, Avenatti
U.S. President Donald Trump pauses during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Sunday, March 22, 2020. Jim Lo Scalzo | Bloomberg | Getty Images President Donald Trump, in the midst of the biggest global health crisis in a century, on Wednesday morning […]
Coronavirus relief bill was ‘worth the day wait’
Sen. Chris Coons on Wednesday put his full support behind the $2 trillion coronavirus relief package agreed to by the Senate and White House. “I think it was worth the day wait,” the Delaware Democrat said on CNBC’s “Squawk Box.” “I’m really excited about this package and excited to get it out the door.” Senate Majority […]
Dow rises, tries to build on historic 11% surge from a day before
The Dow Jones Industrial Average rose on Wednesday following a historic rally in the previous session in anticipation of a coronavirus stimulus deal by Congress. The White House and Senate reached an agreement overnight. The 30-stock average climbed more than 400 points, or 2%. The S&P 500 was up by about 0.6%. The Nasdaq Composite dropped 0.3%, however. […]