Bulls and bears can’t lead at the same time, Jim Cramer reminded his Mad Money viewers on Wednesday. Cramer reiterated his call for investors to take some profits and raise cash as negative news continues to put pressure on stocks. New cases of COVID-19 are emerging in several states, a …
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People enjoy the beach amid the coronavirus pandemic in Huntington Beach, California on June 14, 2020. APU GOMES | AFP | fake pictures Countries are highly unlikely to impose another full blockade despite a resurgence of new cases of coronavirus in some parts of the world, analysts told CNBC. The …
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WASHINGTON (Reuters) – Weak demand is forcing American employers to lay off workers, keeping new claims for unemployment benefits extraordinarily high, even when companies have reopened, confirming views that the job market could take years to recover from the COVID-19 pandemic. FILE PHOTO: People line up in front of a …
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The United Arab Emirates is not alone in its concerns about the “hostile confrontation” between the United States and China, the Gulf country’s foreign minister of state told CNBC on Wednesday. “Every time we see a confrontation between Washington and Beijing, the markets really shake,” Anwar Gargash told CNBC’s Hadley …
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Reuters / Shannon Stapleton The U.S. economy is still on track for a V-shaped recovery until at least 2020, Goldman Sachs CEO David Solomon said Wednesday. The nation is “somewhere in the middle” of its rebound and reopens are slated to dramatically boost economic activity, it said during the Bloomberg …
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