Facebook founder and CEO Mark Zuckerberg. Chesnot | Getty Images Facebook on Friday announced it is temporarily banning ads and commerce listings selling medical face masks as the company continues to grapple with the reaction of its users to the outbreak of the COVID-19 coronavirus. Facebook Director of Product Management Rob Leathern announced the change […]
Tag: business news
Rep. Ken Buck dares Joe Biden and Beto O’Rourke to take AR-15 rifle
U.S. Rep. Ken Buck, a Colorado Republican, wielded an AR-15 rifle in his office and dared former Vice President Joe Biden and former Rep. Beto O’Rourke to “come and take it” in a jaw-dropping video posted online Friday. “I have a message for Joe Biden and Beto O’Rourke, if you want to take everyone’s AR-15s […]
Trump 2020 campaign sues CNN for libel over opinion article
President Donald Trump gets into an exchange with CNN reporter Jim Acosta during a news conference a day after the midterm elections on November 7, 2018 in the East Room of the White House in Washington, DC. Al Drago | Getty Images President Donald Trump’s reelection campaign sued CNN on Friday for libel, following similar […]
Investors brace for more volatility as wild swings become ‘new normal’
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images The S&P 500 has never behaved like this, but Wall Street strategists say get used to it. Investors just witnessed the equity benchmark swinging […]
What critics are saying about Pixar’s newest film
Tom Holland and Chris Pratt voice teenage elf brothers in Pixars’ “Onward.” The pair embark on a quest to spend one last day with their father, who died when they were too young to remember him. Disney Pixar has set a high standard for animated movies over the last 25 years, but its latest title […]
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 […]
Here’s a list of recession indicators and where they stand, according to Bank of America
Traders work on the floor of the New York Stock Exchange on February 27, 2020. Scott Heins | Getty Images Fears that the fast-spreading coronavirus will disrupt global supply chains and tip the economy into a recession are gripping investors on Wall Street. In a tumultuous week for equities, the 30-stock Dow swung 1,000 points […]
‘America should stay at work,’ despite coronavirus, Larry Kudlow says
National Economic Council Director Larry Kudlow said Friday that U.S. workers should continue going to work despite the coronavirus outbreak. Kudlow discussed the outbreak Friday on CNBC’s “Squawk on the Street,” saying Americans should remain calm. “I don’t want to downplay anything. Worry about the effect on human beings, for heaven’s sake. But I’m just […]
‘I don’t want to panic on policy measures’ related to coronavirus slowdown
Larry Kudlow, President Donald Trump’s chief economic advisor, told CNBC on Friday that he doesn’t want to “panic on policy measures” designed to combat the new coronavirus and said that U.S. growth remains strong. “We would prefer a targeted approach, a rather micro approach,” Kudlow said. “Let’s think about individuals who might lose paychecks because […]
Trump cancels plan to sign coronavirus bill at CDC in Atlanta
U.S. President Donald Trump waves to reporters as he departs for travel to Scranton, Pennsylvania from the South Lawn of the White House in Washington, U.S., March 5, 2020. Carlos Barria | REUTERS WASHINGTON — President Donald Trump is no longer planning to travel to the Centers for Disease Control and Prevention headquarters in Atlanta, an […]
