Month: December 2020

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Doctors criticize UK health officials for changing Pfizer Covid vaccine plan

A nurse prepares to administer the Pfizer-BioNTech COVID-19 vaccine at Guy’s Hospital in London, Britain December 8, 2020. Frank Augstein | Reuters Doctors in the United Kingdom are pushing back on health officials’ decision to change the vaccine schedule on Pfizer‘s Covid-19 immunizations, saying it fails to “follow the science.” U.K. health regulators on Wednesday …

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Trading legend Art Cashin shares his poem to say goodbye to 2020 and welcome the New Year

Source: NYSE photo Art Cashin couldn’t lead the New York Stock Exchange in the singing of “Wait til the Sun Shines Nellie” this year, but he penned this poem for UBS and its clients, and is sharing it with us here.  Happy New Year, Art. Look forward to seeing you on the floor in 2021. Subscribe …

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Gene Munster, who called Apple’s run to $2 trillion, says a path to $3 trillion is in sight

Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in January, when he made the …

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How to navigate the world of sustainable investing ratings

Oranut Fankhaenel / EyeEm | EyeEm | Getty Images Sustainability ratings are useful tools for assessing the environmental, sustainability and corporate governance-worthiness of mutual funds and exchange-traded funds. But how do you navigate between different ratings providers, especially when they can have different results for the same fund? CNBC looked under the hood at some …

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Your second stimulus check may be delayed if you changed your bank or moved

Hispanolistic The latest round of $600 stimulus checks is on the way, but for people who either changed their bank account information or moved recently, the next payment may be delayed. The IRS has already started the process of issuing the checks through direct deposit, and some people have already noticed the payment pending in …

Your second stimulus check may be delayed if you changed your bank or moved Read More »

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New York City wants to vaccinate 1 million residents against Covid in January, Mayor de Blasio says

A worker of the New York City Fire Department Bureau of Emergency Medical Services (FDNY EMS) receives a COVID-19 Moderna vaccine, amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., December 23, 2020. Carlo Allegri | Reuters New York City officials want to inoculate 1 million residents …

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Stocks making the biggest moves premarket: Exxon Mobil, Tribune Publishing, Apple, Tesla & more

Check out the companies making headlines before the bell: Exxon Mobil – The energy giant will write down the value of its assets by up to $20 billion for the fourth quarter, mostly related to its natural gas assets. Exxon is, however, seeing a benefit this quarter from higher oil prices and improved margins in its …

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New stimulus package makes it easier to qualify for food stamps. Here’s what you need to know

Millions of Americans report not having enough money to pay for food during the pandemic. Michael Loccisano | Getty Images Entertainment | Getty Images The latest Covid relief package expands food benefits, giving further aid to millions of Americans who are facing financial difficulty because of the coronavirus pandemic.  The $900 billion stimulus bill signed …

New stimulus package makes it easier to qualify for food stamps. Here’s what you need to know Read More »

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China scores an EU investment deal before Biden takes office — and it wants to do more

European Commission President Ursula von der Leyen, European Council President Charles Michel, German Chancellor Angela Merkel, French President Emmanuel Macron and Chinese President Xi Jinping are seen on a screen during a video conference to approve an investment pact between China and the European Union on December 30, 2020. Johanna Geron | AFP | Getty …

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‘Shark Tank’ star Robert Herjavec’s end-of-year ritual: Why planning 12 months ahead increases my productivity

Robert Herjavec has an end-of-year ritual that sets him up for success: organizing his calendar for the whole next year, Herjavec previously told CNBC Make It. “I live and die by my calendar,” Herjavec, investor on ABC’s “Shark Tank” and CEO of cybersecurity firm the Herjavec Group, said in December 2017. “[It] allows me to manage …

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This family just got their second stimulus check. Here’s how they’ll spend it

Mike Molitoris received the second stimulus check via direct deposit on Wednesday. The pending funds will be available to use Jan. 4. Mike Molitoris Mike Molitoris, a wealth manager in Cary, North Carolina, heard that checks were being issued via direct deposit on the radio while he and his family were out seeing Christmas lights …

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CDC says new Covid strain in U.S. could further stress ‘already heavily burdened’ hospitals

CDC headquarters in Atlanta Elijah Nouvelage | Bloomberg via Getty Images Officials from the Centers for Disease Control and Prevention said Wednesday that a new strain of Covid-19 now circulating in the U.S. could further stress hospitals that are already overwhelmed with coronavirus patients. Colorado health officials announced Tuesday that they detected the first known …

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Mega Millions jackpot jumps to $401 million, Powerball’s top prize is $363 million. Here’s how to protect your privacy if you win

MARK RALSTON | AFP | Getty Images There’s a chance that at least a couple of people will end 2020 far wealthier than most of us. With no ticket matching all six numbers drawn Tuesday in Mega Millions, the jackpot has jumped to $401 million for Friday night’s drawing. Powerball’s top prize isn’t far behind, …

Mega Millions jackpot jumps to $401 million, Powerball’s top prize is $363 million. Here’s how to protect your privacy if you win Read More »

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With bitcoin ticking over $28,000, now might be a good time to give some of it to charity

Getty Images Sitting on a growing bitcoin fortune? Consider giving away some of it to charity. As 2020 draws to a close, the cryptocurrency has seen a massive surge in appreciation. The value of a single unit of bitcoin is now hovering around $27,000. Though long-time holders of the virtual currency are rejoicing, they run …

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Morgan Stanley repays $1.7 million to college savers for high-cost investments

Michael Nagle/Bloomberg via Getty Images Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is paying the sum, including nearly $1.5 million in restitution plus interest, to about 2,300 customers who are saving money in 529 plans, the Financial Industry …

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California extends stay-at-home order for two regions of the state as ICU capacity remains tight

Clinicians work in the former lobby of Providence St. Mary Medical Center, which has been converted into a care space to treat suspected COVID patients, amid a surge in COVID-19 cases in Southern California on December 23, 2020 in Apple Valley, California. Mario Tama | Getty Images California will extend its stay-at-home order for two …

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Stocks making the biggest moves premarket: AstraZeneca, Intel, Caterpillar, Alibaba & more

Check out the companies making headlines before the bell: AstraZeneca – Britain became the first country to approve the drug maker’s Covid-19 vaccine, setting the stage for a rollout of millions of doses. The vaccine is not yet approved in the U.S., with the FDA still to review large-scale trials. The stock was up 2% at …

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