Business

CNBC’s Jim Cramer is eager to begin focusing back on the stock market, but the cryptocurrency craze is still capturing Wall Street’s attention. He expects that bitcoin and other speculative coins will continue to be top of mind, and the big declines being witnessed in crypto markets will drag on stocks. This could create buying

More Americans are vaccinated against Covid everyday, but that’s not the only reason coronavirus cases in the U.S. keep falling, Dr. Scott Gottlieb told CNBC on Friday. In an interview on “Closing Bell,” the former Food and Drug Administration commissioner said additional factors contributing to declining infection levels include warming weather and the fact that a portion

Michael Binparuis (15) of Nesconsit, New York, receives a dose of the Pfizer-BioNTech vaccine for the coronavirus disease (COVID-19) at Northwell Health’s Cohen Children’s Medical Center in New Hyde Park, New York, U.S., May 13, 2021. Shannon Stapleton | Reuters The U.S. is reporting an average of fewer than 30,000 new Covid cases per day

In this article ABX-CA Barrick Gold CEO Mark Bristow on Thursday dismissed the idea that cryptocurrencies are a better store of value than traditional gold. Bitcoin bulls have argued that the limited supply of the digital coin and its eye-popping growth posits it as a better hedge against inflation than gold. Bristow, appearing on CNBC’s

People without masks walk in Times Square on May 19, 2021 in New York City. John Smith | VIEW press | Corbis News | Getty Images The CDC’s new mask guidelines could actually increase the risk of spreading Covid-19 in public spaces and workplaces, scientists of a leading infectious disease group said Thursday. The CDC

Thefts of cars and catalytic converters — a pricey and essential car part — surged in 2020, adding stress to consumers during an already-trying time. Law enforcement experts, insurance industry insiders, and even mechanics have all seen the spike effect their professions. In 2020, auto thefts increased 9.2% over 2019, according to a study by

In this article MCD McDonald’s U.S President Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois, United States March 5, 2018. Richa Naidu | Reuters McDonald’s board will likely face tough questions from shareholders on Thursday at its annual meeting about how it handled the firing of former CEO

In this article LB Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images Victoria’s Secret parent L Brands on Wednesday reported first-quarter earnings and sales that topped analysts’ estimates, driven by momentum across its business and more people

JetBlue Airways aircrafts are pictured at departure gates at John F. Kennedy International Airport in New York. Fred Prouser | Reuters JetBlue Airways‘ is finally making the hop across the pond. The New York-based carrier is now selling tickets for service from its home base at John F. Kennedy International Airport to London Heathrow, starting

Life may be returning to some form of normality in the United States — but “the danger is in front of us” if the world does not band together to fight the pandemic in other places like India, said Myron Brilliant of the U.S. Chamber of Commerce. The Centers for Disease Control and Prevention in

A Chinese man wears a protective mask as he walk in front the logos of the 2022 Beijing Winter Olympics at National Aquatics Centre on April 9, 2021 in Beijing, China. Lintao Zhang | Getty Images House Speaker Nancy Pelosi, D-Calif., on Tuesday called for a “diplomatic boycott” of the 2022 Winter Olympics in Beijing

The Lamborghini 2020 EVO RWD. Robert Frank | CNBC Italian supercar maker Lamborghini announced Tuesday that it will launch a fully-electric car in the second half of the decade. Presenting a transformation program, Lamborghini, owned by German firm Volkswagen, laid out “a roadmap to the decarbonization of future Lamborghini models and of the Sant’Agata Bolognese site,”

Waiving intellectual property protections for Covid-19 vaccines will not help to address the global supply shortage, the co-founder of a Massachusetts-based biopharmaceutical company told CNBC. The push for patent waivers is “political theater” and does not inherently allow others to create safe and effective vaccines, which are already very difficult to make, said Jake Becraft,

In this article SBUX People wear protective face masks outside Starbucks in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 29, 2020 in New York City. Noam Galai | Getty Images Starbucks has changed its policy for wearing masks inside its cafes

Johnson & Johnson’s coronavirus disease (COVID-19) vaccines are seen at Northwell Health’s South Shore University Hospital in Bay Shore, New York, March 3, 2021. Shannon Stapleton | Reuters President Joe Biden on Monday will announce that the U.S. plans to send millions of additional coronavirus vaccine doses to foreign countries still being battered by the

Eric Homer, 14, receives a coronavirus disease (COVID-19) vaccination at a vaccine clinic for newly eligible 12 to 15-year-olds in Pasadena, California, May 14, 2021. Lucy Nicholson | Reuters U.S. Covid case counts fell further over the weekend, with data compiled by Johns Hopkins University showing the nationwide average at about 33,200 new cases per

Family members of Vijay Raju, who died due to the coronavirus disease (COVID-19), mourn before his cremation at a crematorium ground in Giddenahalli village on the outskirts of Bengaluru, India, May 13, 2021. Samuel Rajkumar | Reuters The global pandemic isn’t over yet despite high Covid-19 vaccination rates in some countries, the head of the

Dr. Scott Gottlieb said Monday he expects more Americans to stop wearing face coverings to protect against the coronavirus in the coming weeks. “By June, nobody is going to be wearing masks. By June, I think, the prevalence [of Covid] is going to be sufficiently low in this country [and[ we’re just not going to be concerned

In this article WMT Source: Walmart From here on out, for Walmart, it’s all about customer retention and loyalty. One of the tools it will use to do that is Walmart+, a subscription service that the company launched in September. Walmart is expected to give a progress report on the program when it reports earning

The chairman of Dubai’s flagship airline is optimistic about a return to travel between the United Arab Emirates and the U.K. — one of its top tourism and investment partners — even as a new Covid-19 variant threatens to complicate reopening plans. The mostly-expatriate desert sheikhdom of roughly 10 million has been on the U.K.’s