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Stock market live updates: Dow rises 200, reopen trades gain on virus drug news, Carnival pops 9% This is CNBC's live blog covering the latest market-moving news. Here's what's happening on Friday. Moments Ago. Trump says U.S.-China relationship 'severely damaged,' not thinking about phase two trade deal. President Trump said a phase-two trade ...
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Rivian raises $2.5 billion in aggressive plan to beat Tesla and Nikola with the first all-electric pickup Rivian is expected to be among the first, if not the first, to bring an all-electric pickup to market early next year. Rivian has no plans of going public at this time but may be "open" to additional financing to help support its "aggressive growth plans." The company ...
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Are You Self-Employed? Check Out a Solo 401(k) Just because you're self-employed doesn't mean you can't reap the benefits of a workplace retirement plan. A Solo 401(k) offers similar tax benefits to an employer-sponsored 401(k), and you can sock away up to nine times more per year than in a traditional ...
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US dollar slides as vaccine news offsets surge in virus cases NEW YORK (Reuters) - The dollar slipped on Friday, as its safe-haven allure diminished, on hopes of a potential vaccine for the novel coronavirus that outweighed concerns about the surge in infections in the United States and around the world. FILE PHOTO: ...
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Yen gains, risk currencies slide as coronavirus worries deepen TOKYO (Reuters) - The yen rose to a two-week high and risk-sensitive currencies slid on Friday after a surge in new coronavirus infections in the United States further undermined the case for a quick turnaround in the economy. FILE PHOTO: A woman counts ...
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Alexandria Ocasio-Cortez, Chef José Andrés and others criticize Goya CEO for supporting Trump (CNN) Since its founding in the 1930s, Goya Foods has endeared itself to Americans for its high-quality, low-cost and authentic Latin American cuisine. But its reputation took a hit this week when CEO Robert Unanue said the country was "truly blessed" to ...
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Amazon says email to employees banning TikTok was a mistake Amazon is calling an email that went out to employees Friday telling them to delete the popular video app TikTok from their phones a mistake. Amazon had told employees to delete the popular video app TikTok from phones on which they use Amazon email, ...
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Chinese stocks are on an incredible run. But going too high, too fast is risky Hong Kong (CNN Business) China's stock markets have been on an absolute tear. The benchmark Shanghai Composite (SHCOMP) Index stormed into a bull market to start the week as Chinese state media called on local investors to pour money into ...
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What Is a Traditional IRA? A traditional IRA is a type of individual retirement account that lets your contributions grow tax-deferred until retirement. You fund a traditional IRA with earned income, and withdrawals in retirement are taxed as regular income. In addition, you may be able to ...
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US natgas futures slide as output slowly rises, LNG exports remain low July 10 (Reuters) - U.S. natural gas futures slipped on Friday as output slowly rises while liquefied natural gas (LNG) exports hold at their lowest since early 2018. That lower price move comes despite forecasts the hotter-than-normal weather will continue ...
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