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South Africa considers vaccine mandates as omicron cases spiral

CNBC

After first identifying the omicron Covid-19 variant, South Africa is bracing for a fourth wave of infections.

December 2nd 2021, 6:06 am

Cramer says to start buying these 'bargain basement stocks' now before omicron fears pass

CNBC

"For days I've told you we were waiting for the other shoe to drop and it just hit today," the "Mad Money" host said.

December 2nd 2021, 3:06 am

Alec Baldwin says he did not pull the trigger before the bullet struck, killed 'Rust' cinematographe

CNBC

In a released excerpt of an "ABC News" interview, the actor said he does not know how a live bullet ended up on the set of the film.

December 2nd 2021, 3:06 am

ECB faces calls to be clearer on inflation after Fed's Powell drops 'transitory'

CNBC

Fed's Powell tweaked his tone about inflation. Now, economists in Europe say the European Central Bank needs to do the same.

December 2nd 2021, 3:06 am

Tencent exec says WeChat Pay could soon be available ‘in all places,’ as rivalry with Alibaba eases

CNBC

Barriers between China's tech giants like Alibaba and Tencent are coming down as the companies rush to comply with Beijing's anti-monopoly crackdown.

December 2nd 2021, 3:06 am

This interactive map shows where the Covid omicron variant has been detected

CNBC

From the U.S. to Germany and Saudi Arabia to Australia, the omicron Covid-19 variant has spread to dozens of countries globally.

December 2nd 2021, 12:52 am

European markets head for lower open as omicron Covid variant fears return

CNBC

European stocks are expected to open lower on Thursday as concerns persist over the omicron Covid variant.

December 2nd 2021, 12:52 am

Jack Dorsey's Square changes corporate name to Block

CNBC

Square is renaming itself Block as it focuses on technologies such as blockchain and expands beyond its original credit card-reader business.

December 2nd 2021, 12:52 am

Razer shares fall over 8% after group including co-founder offers to take company private

CNBC

A consortium that includes co-founder Tan Min-Liang made an offer to take the Hong Kong-listed gaming hardware company private.

December 2nd 2021, 12:52 am

'The crisis is not yet over': Omicron variant could deal another blow to supply chains

CNBC

Just as it appeared like the crisis was beginning to stabilize, the industry may now face yet another blow: the new omicron Covid variant.

December 1st 2021, 9:53 pm

Disney names Susan Arnold as board chair, replacing Bob Iger

CNBC

Susan Arnold is taking over as Disney's chairman of the board, the company announced Wednesday, succeeding Bob Iger.

December 1st 2021, 9:53 pm

Stock futures inch higher after sell-off prompted by first U.S. omicron case

CNBC

U.S. stock index futures inched higher during overnight trading on Wednesday.

December 1st 2021, 9:53 pm

GM to form new joint venture to produce crucial materials for EVs

CNBC

GM and South Korea-base Posco plan to open a new North American facility to process critical battery materials known as Cathode Active Material in 2024.

December 1st 2021, 9:53 pm

Asia-Pacific stocks mixed as uncertainty surrounding omicron variant lingers

CNBC

Stocks on Wall Street saw a sharp reversal overnight after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

December 1st 2021, 9:53 pm

Apple backs exemptions for Trump tariffs on Apple Watches and Mac Pro parts

CNBC

The filings are a step in a process that could lead to an exclusion for 7.5% tariffs on Apple Watch imports and 25% tariffs on Mac Pro components.

December 1st 2021, 9:53 pm

Pentagon calls for stop to anti-satellite weapons testing after Russian demo debris threatened ISS

CNBC

The Pentagon called for global halt to anti-satellite weapons testing on Wednesday, further decrying the practice after Russia's destructive demonstration.

December 1st 2021, 3:49 pm

Salesforce stock has worst day since beginning of pandemic after disappointing earnings forecast

CNBC

Salesforce shares plunged 10% on Wednesday, their steepest drop since March 2020, after the company's forecast for the current quarter missed estimates.

December 1st 2021, 3:49 pm

GM raises 2021 earnings guidance on pricing and better chip supply

CNBC

The new guidance will likely please investors who were disappointed with the company previously only guiding to the "high end" of its range.

December 1st 2021, 2:34 pm

U.S. confirms nation's first case of omicron Covid variant in California

CNBC

The United States has confirmed its first case of the new, heavily mutated coronavirus variant called omicron.

December 1st 2021, 2:20 pm

Dow gives up 500-point gain as CDC confirms first omicron case in U.S.

CNBC

The Dow Jones Industrial Average gave up a 500-point gain and turned negative briefly after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

December 1st 2021, 2:20 pm

WHO says omicron has been found in 23 countries across the world

CNBC

The World Health Organization said 23 countries across the world have reported cases of the highly mutated omicron Covid-19 variant.

December 1st 2021, 2:20 pm

CEO survey taken before omicron emergence shows optimism about the economy over the next 6 months

CNBC

Strong consumer demand sparked a wave of CEO optimism about the economy over the next six months, the Business Roundtable said.

December 1st 2021, 2:20 pm

HSBC takes on fintechs with UK investing feature aimed at younger clients

CNBC

HSBC is launching a new feature in its mobile app that lets U.K. customers invest in a range of ready-made funds.

December 1st 2021, 10:06 am

Private payrolls post better-than-expected growth of 534,000 in November, ADP says

CNBC

Private payrolls increased by 534,000 for the month, better than the Dow Jones estimate of 506,000 in a labor market that appears to be getting tighter.

December 1st 2021, 10:06 am

OPEC to decide on oil output policy as omicron Covid variant rattles markets

CNBC

There is little sign OPEC+ intends to change course from its current output plan of a monthly hike of 400,000 barrels per day.

December 1st 2021, 10:06 am

Supply chain chaos to persist through to next summer, Siemens chairman says

CNBC

Supply chain chaos will likely persist through to the middle of next year, according to Jim Snabe, chairman of German conglomerate Siemens.

December 1st 2021, 10:06 am

Russia expels U.S. embassy staff in retaliatory move as tensions mount between Washington and Moscow

CNBC

Uncertainty has shrouded a potential meeting between President Biden and President Putin as fears mount that Russia could be preparing to invade Ukraine.

December 1st 2021, 10:06 am

Vaccine inequality is to blame for Covid omicron variant, Rockefeller Foundation president says

CNBC

New Covid-19 variants are a result of the failure of the richest nations to share their vaccines, says the Rockefeller Foundation's president.

December 1st 2021, 5:50 am

Greece imposes monthly fines of 100 euros on the over-60s who refuse a Covid vaccine

CNBC

Failure to get a first dose of a coronavirus shot by Jan. 16 for anyone aged 60 or over will result in a monthly fine of 100 euros ($114).

December 1st 2021, 5:50 am

Coffee prices are at 10-year highs, and analysts say they have much further to go

CNBC

Alongside bad weather, global supply constraints have hit the coffee market hard.

December 1st 2021, 2:07 am

India's economy is on track — but new Covid variant could weigh on growth, economists say

CNBC

Gross domestic product grew 8.4% between July and September — India's fiscal second quarter — from a year ago, government data showed.

December 1st 2021, 2:07 am

IEA says renewable power installations are set for a record year, warns of net-zero uncertainty

CNBC

IEA executive director Fatih Birol says "a new global energy economy is emerging."

December 1st 2021, 2:07 am

European markets set to rebound after tumultuous session due to omicron Covid variant

CNBC

European stocks are expected to open higher on Wednesday after struggling to regain ground amid fears around the new omicron Covid variant.

December 1st 2021, 2:07 am

Omicron setback is a buying opportunity for tourism stocks, investor says

CNBC

The pullback is "not dissimilar" to that seen with the discovery of the delta variant in late 2020, but is likely to be short-lived, said SpringOwl CEO Jason Ader.

December 1st 2021, 2:07 am

This is now the world’s most expensive city to live in, study says

CNBC

Tel Aviv, Israel is now the most expensive city in the world to live in, according to a biannual report by the Economist Intelligence Unit.

November 30th 2021, 8:51 pm

CNN suspends Chris Cuomo indefinitely over role in advising governor brother Andrew during harassmen

CNBC

CNN has suspended anchor Chris Cuomo for his role in advising his brother Andrew Cuomo during the former governor's sexual harassment scandal.

November 30th 2021, 8:51 pm

Wife of powerful drug lord El Chapo Guzman sentenced to 3 years in prison

CNBC

Coronel was also ordered to forfeit approximately $1.5 million.

November 30th 2021, 8:51 pm

Asia-Pacific stocks mixed following Wall Street tumble as investors assess omicron Covid variant con

CNBC

Shares stateside dropped overnight, with the S&P 500 falling nearly 2% amid fears over the recently discovered omicron Covid variant.

November 30th 2021, 8:51 pm

Salesforce promotes Bret Taylor to co-CEO alongside Benioff

CNBC

A former Facebook executive, Bret Taylor quickly rose at Salesforce after it bought his start-up in 2016.

November 30th 2021, 4:21 pm

Powell says Fed will discuss speeding up bond-buying taper at December meeting

CNBC

Federal Reserve Chairman Jerome Powell indicated Tuesday that the central bank could step up the removal of its efforts to boost the economy.

November 30th 2021, 3:05 pm

Why Apple is the only tech stock that's up today

CNBC

Needham analyst Laura Martin pointed to Apple's strong cash flow, product pipeline and a "flight to quality."

November 30th 2021, 3:05 pm

Looking for a job? You might get hired via the metaverse, experts say

CNBC

Hyundai has already using virtual world app Zepeto for new employee inductions and Samsung staged a virtual recruitment fair via a metaverse.

November 30th 2021, 11:36 am

Turkish lira slides after Erdogan doubles down on rates policy

CNBC

The lira's spiral has been staggering — it plummeted from roughly 8.5 to the dollar in late August to more than 13 to the dollar within a mere three months.

November 30th 2021, 11:36 am

Ray Dalio says cash is not a safe place right now despite heightened market volatility

CNBC

"Cash is not a safe investment, is not a safe place because it will be taxed by inflation," Dalio said Tuesday on CNBC's "Squawk Box."

November 30th 2021, 9:51 am

UK spy chief: ‘The risk of Chinese miscalculation through overconfidence is real’

CNBC

Richard Moore, the chief of British secret intelligence service MI6, is concerned that China could make a "miscalculation" because it is overconfident.

November 30th 2021, 9:51 am

Elon Musk tells SpaceX employees that Starship engine crisis is creating a 'risk of bankruptcy'

CNBC

Elon Musk is angry with the lack of progress SpaceX has made in developing the Raptor engines that power its Starship rocket.

November 30th 2021, 9:51 am

EU medical agency says vaccine revisions for omicron could be approved in 3-4 months

CNBC

The European Union could approve a Covid-19 shot against the new variant within three to four months, the bloc's medical agency said Tuesday.

November 30th 2021, 8:18 am

Egyptian gas should start flowing to Lebanon in the next 3 months, U.S. energy envoy says

CNBC

Natural gas from Egypt may start flowing to Lebanon within two or three months, according to Amos Hochstein, a U.S. State Department senior advisor.

November 30th 2021, 8:05 am

World faces an anxious wait as Covid vaccine makers prepare for omicron variant

CNBC

Global hopes are being pinned on vaccine makers to come up with shots that work against the new strain.

November 30th 2021, 6:19 am

Facebook-owner Meta told to sell Giphy as British regulator blocks acquisition

CNBC

Meta, Facebook's parent, has been told by the U.K.'s competition watchdog that it must sell gif-sharing platform Giphy.

November 30th 2021, 5:49 am

Euro zone inflation rate hits a record 4.9% for November

CNBC

The euro zone's inflation rate has risen to a record high in November, preliminary data showed Tuesday, prompting further questions about what the European Central Bank will do next with its monetary policy.

November 30th 2021, 5:20 am

Global markets rattled by omicron vaccine worries

CNBC

U.S. futures are sliding, following Asian and European markets lower, on concerns that the new omicron Covid-19 variant could potentially evade vaccines.

November 30th 2021, 4:36 am

Moderna CEO says it will take months to clear a new Covid vaccine targeting omicron

CNBC

"The higher dose could be done right away but it will be months before the omicron specific variant is ready to ship in massive quantities," Bancel told CNBC.

November 30th 2021, 4:36 am

Strategists urge investors to look through omicron volatility and stay the course

CNBC

Strategists and economists are cautioning investors against hasty action.

November 30th 2021, 3:03 am

Many people are flying private jet services for the first time. Here's what they're paying

CNBC

The cost of private jet charters can vary wildly. Here's why, and what new converts paid for their first flights during the pandemic.

November 30th 2021, 3:03 am

Rolling back U.S.-China tariffs would ease inflation in the U.S., former Treasury secretary says

CNBC

Eliminating tariffs imposed on goods during the U.S.-China trade war would help ease inflation in the U.S., former U.S. Treasury Secretary Jacob Lew said.

November 30th 2021, 12:49 am

European stocks set for positive open, optimistic that omicron variant won't derail recovery

CNBC

European stocks are expected to open higher on Tuesday amid cautious optimism that the omicron Covid variant might not derail the global economic recovery.

November 30th 2021, 12:33 am

Bill Ackman says the Covid omicron variant could end up being bullish for markets

CNBC

Bill Ackman said the new omicron variant of the coronavirus could actually give U.S. stocks a boost if symptoms turn out to be less severe.

November 29th 2021, 10:49 pm

Philippine President Duterte will step down next year. Here are his potential successors

CNBC

President Rodrigo Duterte's six-year term is coming to an end, and he has filed to run for a senate seat in the Philippine elections in May 2022.

November 29th 2021, 10:33 pm

Elizabeth Holmes details abusive relationship with Theranos ex-president Balwani ahead of cross-exam

CNBC

In her fourth and last day taking questions from her defense attorneys, Theranos founder Elizabeth Holmes accused Sunny Balwani of physical and emotional abuse.

November 29th 2021, 9:50 pm

BMW unveils high-performance XM hybrid electric concept vehicle ahead of U.S. production

CNBC

BMW said the production car, called the BMW XM, will be available exclusively as a plug-in hybrid electric vehicle under the company's "M" performance unit.

November 29th 2021, 9:50 pm

As the omicron variant spreads across the world, here's what we know so far

CNBC

The heavily-mutated omicron Covid-19 variant has been detected in more countries as governments around the world weigh new travel bans and restrictive measures.

November 29th 2021, 6:45 pm

Stock futures rise as market set to build on Monday's rebound from omicron-triggered sell-off

CNBC

The overnight action came after a broad-based comeback that saw the S&P 500 jump 1.3% with all 11 sectors registering gains.

November 29th 2021, 6:45 pm

Powell to tell Senate omicron variant poses downside risk to economy, complicates inflation picture

CNBC

Fed Chair Jerome Powell believes that the omicron variant of Covid-19 and a recent rise in coronavirus cases pose a threat to the U.S. economy.

November 29th 2021, 6:45 pm

Japan stocks set to rise as investors await Chinese factory activity data for November

CNBC

China's official manufacturing Purchasing Managers' Index for November is set to be out at 9:00 a.m. HK/SIN on Tuesday.

November 29th 2021, 6:45 pm

Jack Dorsey's departure from Twitter gives him more time to focus on his passion for bitcoin

CNBC

Decentralization of power on the internet is a major personal theme for Dorsey.

November 29th 2021, 6:45 pm

U.S. energy envoy says Biden prepared to release even more oil reserves to cool markets

CNBC

"Absolutely. This is a tool that was available to us and will be available again," Amos Hochstein told CNBC's Hadley Gamble on Monday.

November 29th 2021, 12:28 pm

Twitter CTO Parag Agrawal will replace Jack Dorsey as CEO

CNBC

Jack Dorsey was serving as both the CEO of Twitter and Square, his digital payments company.

November 29th 2021, 10:59 am

Dutch police say they've arrested couple who were trying to flee Covid quarantine

CNBC

Dutch border police have said they've arrested and detained a couple who left a quarantine hotel and were trying to leave the country.

November 29th 2021, 10:59 am

Ralf Rangnick appointed Man Utd interim manager until end of the season

CNBC

Manchester United appoint Ralf Rangnick as interim manager until the end of the season.

November 29th 2021, 10:59 am

Achieving semiconductor independency is 'not doable,' EU competition chief says

CNBC

For some, the EU needs to become a global powerhouse in the production of chips, but Margrethe Vestager has cautioned against unrealistic expectations.

November 29th 2021, 10:59 am

Nissan to invest $17.6 billion over next five years to ramp up electric vehicle offering

CNBC

Nissan CEO Makoto Uchida says the company is focusing on the in-house development of all-solid-state batteries.

November 29th 2021, 10:59 am

Iran nuclear talks resume with little cause for optimism after months-long hiatus

CNBC

Tehran has said there is no way to return to the 2015 deal without the lifting of all U.S. sanctions.

November 29th 2021, 10:59 am

Bitcoin climbs back above $57,000 as cryptocurrencies rebound from sell-off

CNBC

The price of bitcoin climbed nearly 6% in the last 24 hours to $57,373, according to Coin Metrics data.

November 29th 2021, 5:43 am

Omicron Covid variant poses 'very high' global risk and is likely to spread, WHO warns

CNBC

The omicron Covid variant is likely to spread further and poses a "very high" global risk, according to the World Health Organization.

November 29th 2021, 5:43 am

Having a best friend at work could play a role in curbing the Great Resignation, experts say

CNBC

Close relationships can help with employee engagement, experts say, but working from home makes it hard to retain those friendships.

November 29th 2021, 3:29 am

'Spider-Man: No Way Home' ticket demand crashed box office sites, and that's a good thing

CNBC

This kind of fervor has not been seen since 2019 when advanced tickets for titles like "Avengers: Endgame" and "Star Wars: The Rise of Skywalker" went on sale.

November 29th 2021, 3:29 am

European markets climb despite global concern over omicron variant; Stoxx 600 up 1%; BT up 7%

CNBC

European stocks started the new trading week higher, despite extensive concerns over the newly discovered omicron Covid variant.

November 29th 2021, 3:29 am

South African doctor who first spotted the omicron Covid variant explains the symptoms

CNBC

Omicron symptoms could be mild, according to the South African doctor who first spotted the variant, now dubbed "of concern" by the World Health Organization.

November 29th 2021, 3:29 am

WHO says delta variant still the priority despite growing worries over new omicron Covid strain

CNBC

"Over 99% of cases around the world are due to the delta variant and more deaths are occurring in the unvaccinated," says WHO Chief Scientist Soumya Swaminathan.

November 29th 2021, 12:26 am

China could double down on its zero-Covid approach amid concerns about omicron, analysts say

CNBC

China could double down on its zero-Covid approach as the new omicron variant reignites concerns about another Covid wave in the global pandemic, analysts say.

November 29th 2021, 12:13 am

A Harvard nutritionist and brain expert says she avoids these 5 foods that 'weaken memory and focus'

CNBC

It's never too late to start eating in a way that gives you the best possible chance of staving off dementia as you age and making sure that your brain stays sharp and healthy. Here are the foods a Harvard nutritionist tries to avoid.

November 28th 2021, 9:28 pm

Covid developments to rule the market once again in the week ahead after Friday's rout

CNBC

Uncertainty about a new emerging coronavirus strain could continue to spook markets in the week ahead, threatening the potential for a Santa rally.

November 28th 2021, 9:28 pm

Thailand start-up says it's boosting crop yields with app for farmers

CNBC

Ricult is helping small farmers in Thailand and Pakistan boost yields through artificial intelligence and machine learning.

November 28th 2021, 9:28 pm

U.S. dollar hits highest level since July 2020 — Oppenheimer on which stocks to watch

CNBC

The greenback is breaking out. Oppenheimer's Ari Wald shares what that could mean for the stock market.

November 28th 2021, 7:12 pm

Asia-Pacific stocks drop as investors watch omicron Covid variant; oil prices rebound 4%

CNBC

Investors in Asia-Pacific continue to watch for developments surrounding the recently discovered omicron Covid variant.

November 28th 2021, 7:12 pm

Stock futures move higher after Friday's big sell-off, investors monitor omicron Covid variant

CNBC

Stocks are coming off a holiday-shortened session Friday in which the Dow posted its worst day since October 2020.

November 28th 2021, 6:43 pm

Moderna says an omicron variant vaccine could be ready in early 2022

CNBC

Omicron was classified as a "variant of concern" by the WHO last week.

November 28th 2021, 6:43 pm

WHO labels new Covid strain, named omicron, a 'variant of concern,' citing possible increased reinfe

CNBC

The WHO has said it will take weeks to understand how the new Covid variant, named omicron, may affect diagnostics, therapeutics and vaccines.

November 28th 2021, 6:43 pm

Fauci says U.S. should prepare to do anything and everything to fight the omicron variant

CNBC

"Inevitably, it will be here. The question is will we be prepared for it?" Fauci said.

November 28th 2021, 6:43 pm

Travel in 2022: Is it time to plan those big trips abroad?

CNBC

Americans are planning to travel overseas next year as Covid vaccines and easing restrictions lend to a sense of normalcy.

November 28th 2021, 6:43 pm

Apple's computerized glasses will be as powerful as a Mac and launch next year, top analyst says

CNBC

The Apple glasses will have more computing power than its rivals, according to top analyst Ming-Chi Kuo.

November 28th 2021, 6:43 pm

Elon Musk urges Tesla employees to reduce cost of vehicle deliveries

CNBC

Rather than rushing orders out last-minute to hit end of quarter sales goals, Tesla CEO Elon Musk wants employees to focus on slashing cost of deliveries.

November 28th 2021, 2:58 am

Black Friday shopping in stores drops 28% from pre-pandemic levels as shoppers spread spending throu

CNBC

Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, according to preliminary data from Sensormatic Solutions.

November 28th 2021, 2:58 am

Children in the Netherlands are among the world's happiest. Here's what the parents do differently

CNBC

Children in the Netherlands are among the happiest in the world, research suggests, and experts say that there are a number of reasons why this is the case.

November 27th 2021, 3:26 pm

Belgium confirms case of new, heavily mutated Covid variant

CNBC

Belgium has confirmed a case of the new, heavily mutated variant of the virus that causes Covid-19, according to one of the country's leading virologists.

November 27th 2021, 3:26 pm

The rich are getting richer — and they’re fueling a private jet boom

CNBC

Private jet demand is booming, driven by rising wealth, which is putting a squeeze of the supply of these aircrafts.

November 27th 2021, 3:26 pm

Bitcoin enters bear market territory as risk assets plunge on new Covid variant

CNBC

The cryptocurrency is down 20% from an all-time high of nearly $69,000 which it hit earlier this month.

November 27th 2021, 3:26 pm

A heavily mutated Covid variant emerges in southern Africa: Here's what we know so far

CNBC

The World Health Organization will meet on Friday to discuss a new heavily mutated variant of Covid-19.

November 27th 2021, 3:26 pm

U.S. to restrict travel from South Africa, 7 other countries as new Covid variant emerges

CNBC

The United States will restrict travel for non-U.S. citizens from South Africa and seven other countries starting on Monday as a new Covid variant emerges.

November 27th 2021, 3:26 pm
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