U.S. Secretary of State Mike Pompeo listens during the third annual U.S.-Qatar Strategic Dialogue at the State Department in Washington, U.S., September 14, 2020. Erin Scott | Reuters WASHINGTON — The Trump administration is set to announce a slew of fresh sanctions and additional measures in support of Washington’s maximum pressure campaign against the Iranian
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Investing around Environmental, Social and Governance factors (ESG) is here to stay. Not only that, but the theme has “established itself this year” as a mainstream way for investors to capture gains while reflecting certain moral values, Luke Oliver, head of index investing for the Americas at DWS Group, told CNBC’s “ETF Edge” on Monday.
My wife, Virginia, and I are heartbroken to learn of the passing of our friend, Justice Ruth Bader Ginsburg. Ruth and I first met when I began my tenure on the D.C. Circuit in 1990. With the exception of the brief period between our respective appointments to the Supreme Court, we have since been judicial
Sumo Logic CEO Ramin Sayar on IPO day Sumo Logic There were masked parking lot festivities, Times Square replicas and virtual bell ringings. There were technical glitches and a corporate logo beamed onto San Francisco’s City Hall. Welcome to the 2020 IPO celebration during the busiest week of the year for tech debuts. Snowflake had
A bouquet of flowers is left outside of the U.S. Supreme Court following the death of U.S. Supreme Court Justice Ruth Bader Ginsburg, in Washington, U.S., September 18, 2020. Al Drago | Reuters Large crowds gathered in front of the U.S. Supreme Court on Friday to pay tribute to Supreme Court Justice Ruth Bader Ginsburg,
U.S. Supreme Court Justice Ruth Bader Ginsburg participates in a discussion at the Georgetown University Law Center on February 10, 2020 in Washington, DC. Sarah Silbiger | Getty Images U.S. leaders and top politicians responded with shock and sadness Friday evening after the Supreme Court announced that Associate Justice Ruth Bader Ginsburg has died at
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is scheduled to hold a news conference Friday at the White House, as he and Democratic nominee Joe Biden ramp up their attacks in the final weeks
Unity CEO John Riccitiello speaks onstage during Day 1 of TechCrunch Disrupt SF 2018 at Moscone Center on September 5, 2018 in San Francisco, California. Steve Jennings | TechCrunch | Getty Images Video game software developer Unity priced its IPO above the expected range on Thursday in an offering that initially values the company at
Dr. Carlos del Rio, an investigator in Moderna‘s clinical trials, told CNBC on Thursday he is worried about political pressure interfering in the regulatory approval process for any potential coronavirus vaccine. “Politics have already impinged on science,” del Rio said on “Power Lunch,” referring to a pair of previous developments during the coronavirus pandemic that did not
Director of National Intelligence Dan Coats testifies to the Senate Intelligence Committee hearing about “worldwide threats” on Capitol Hill in Washington, January 29, 2019. Joshua Roberts | CNBC Social media executives should play a key role in ensuring the legitimacy of the 2020 election, former Director of National Intelligence Dan Coats suggested in a New York
Yields retreated overnight from the week’s highs, which were caused by the Fed’s pledge to keep interest rates near zero for years. The central bank also upgraded its economic forecasts, projecting a smaller decline in GDP and a lower unemployment rate in 2020. However, Fed Chairman Jerome Powell also warned that parts of the U.S.
President Trump told reporters on Wednesday that he was not ready to approve a proposal from Chinese company ByteDance that would make Oracle a technology provider for ByteDance’s popular video-sharing app TikTok. ByteDance submitted a proposal to the Treasury Department over the weekend and is awaiting a response. It must be “100% as far as
Snowflake shares surged more than 110% in its market debut on the New York Stock Exchange on Wednesday, in the largest ever software IPO. Stock began trading at $245 per share, before being briefly halted due to volatility. Snowflake on Tuesday priced shares at $120, higher than the $100 to $110 range it estimated on Monday, and a huge bump from
U.S. government debt prices were slightly higher Wednesday morning as investors awaited the outcome of the Federal Reserve’s two-day meeting, which should offer a glimpse into the country’s economic recovery prospects. At around 2 a.m. ET, the yield on the benchmark 10-year Treasury note was down at 0.6740% while the yield on the 30-year Treasury bond edged lower to 1.4226%.
Snowflake CEO Frank Slootman Snowflake Snowflake, a provider of cloud-based data storage and analysis software, priced its IPO above its increased range in an offering that values the company at $33.3 billion. Snowflake is selling 28 million shares at $120 a piece, according to a person familiar with the matter who asked not to be
A copy of “The Room Where It Happened,” by former national security adviser John Bolton is staged by a television crew at the White House on Thursday, June 18, 2020 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images The Department of Justice has opened a criminal inquiry related to the publication
U.S. government debt prices fell on Tuesday morning as the Federal Reserve was due to start its two-day meeting this week. At around 1:20 a.m. ET, the yield on the benchmark 10-year Treasury note rose marginally to trade at 0.6691%. The yield on the 30-year Treasury bond increased by 26 basis points to trade at 1.4116%. Yields move inversely to
Caesars Entertainment CEO Tom Reeg told CNBC on Monday that the further legalization of sports betting is one of the biggest growth opportunities for the gaming industry in perhaps over two decades. “This is an enormous opportunity. I’d liken it to when states outside of Nevada and New Jersey started to legalize riverboat casinos in
Apple CEO Tim Cook welcomes customers to the opening of a new Apple Store at the historic Carnegie Library building May 11, 2019 in Washington, DC. Win McNamee / Getty Images Apple could release new iPad Air and Apple Watch models as soon as its launch event on Tuesday, TF Securities analyst Ming-Chi Kuo predicted
U.S. government debt prices were higher on Monday as investors monitored news of a potential vaccine against Covid-19. At around 2:30 a.m. ET, the yield on the benchmark 10-year Treasury note fell by 0.18% to trade at 0.6658%. The yield on the 30-year Treasury bond also dropped by 8 basis points to 1.4142%. Yields move inversely to prices. On Sunday, Pfizer‘s
Coronavirus cases continued to grow over the weekend in nearly a dozen U.S. states as Dr. Anthony Fauci, the nation’s leading infectious disease expert, warns about the nation’s worrying level of new infections. Covid-19 cases were growing by 5% or more, based on a weekly average to smooth out daily reporting, in 11 states as
Former Democratic presidential candidate Mike Bloomberg addresses his staff and the media after announcing that he will be ending his campaign on March 04, 2020 in New York City. Spencer Platt | Getty Images WASHINGTON — Former New York Mayor and ex-2020 presidential candidate Mike Bloomberg is slated to spend $100 million in Florida to
The Pfizer world headquarters stands in Midtown Manhattan in New York City. Drew Angerer | Getty Images Pfizer and German biotech firm BioNTech announced Saturday that they have submitted a proposal to the U.S. Food and Drug Administration to expand the phase-three trial of its coronavirus vaccine to include up to 44,000 participants, a significant increase
Dr. Robert Redfield, Director of the Centers for Disease Control and Prevention speaks while U.S. President Donald Trump listens during the daily briefing of the coronavirus task force at the White House on April 22, 2020 in Washington, DC. Drew Angerer | Getty Images Public health specialists and the medical community are criticizing the Trump
The Purple Air air-quality map on Friday Sept. 11, 2020, shows most of the west coast with hazardous levels of pollution from wildfire smoke. Screenshot As record-breaking fires wreak havoc on the Western United States, they’re also releasing massive amounts of smoke and ash into the atmosphere, adding to the region’s health woes. To find
In this May 27, 2020 file photo, a worker at a daycare center in Tacoma, Wash., wears a mask as she cleans a tricycle following use by a class, a task that is repeated several times a day. Ted S. Warren | AP Twelve kids who likely caught Covid-19 at three childcare centers in Utah
Kroger CEO Rodney McMullen said Friday the pandemic-related spike in food prices is subsiding, while the at-home cooking trend is here to stay even after the coronavirus situation improves. “As we look forward, we see lower inflation than what it’s been over the last several months. It’s one of the reasons why we didn’t pass through
Unity CEO John Riccitiello speaks onstage during Day 1 of TechCrunch Disrupt SF 2018 at Moscone Center on September 5, 2018 in San Francisco, California. Steve Jennings | TechCrunch | Getty Images With Silicon Valley’s tech workers stuck inside amid the dueling crises of the coronavirus pandemic and raging wildfires across California, the industry is
U.S. government debt prices were higher Friday morning as investors monitored an array of economic data, along with the Senate blockage of a slimmed-down coronavirus relief bill and further volatility in equity markets. At around 1:25 a.m. ET, the yield on the benchmark 10-year Treasury note was slightly lower at 0.6788% and the yield on the 30-year Treasury bond was down
U.S. President Donald Trump speaks to reporters during a news conference in the Brady Press Briefing Room at the White House in Washington, September 10, 2020. Kevin Lamarque | Reuters A group of 78 researchers and doctors from Stanford Medical School are calling out former colleague and White House coronavirus advisor Dr. Scott Atlas for spreading what