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NYC Sets Up Traveler-Registration Checkpoints to Enforce Quarantine Orders

  • NYC Sets Up Traveler-Registration Checkpoints to Enforce Quarantine Orders NYC Sets Up Traveler-Registration Checkpoints to Enforce Quarantine Orders 1:58
    Life After PPP: A Small Physical-Therapy Business Goes It Alone Life After PPP: A Small Physical-Therapy Business Goes It Alone 5:41
    Opinion: The GOP's Non-Growth Agenda Opinion: The GOP's Non-Growth Agenda 2:53
    BNY Mellon's Recovery Expectations BNY Mellon's Recovery Expectations 1:22
11:20 a.m. Today - By Azure Gilman
‘I can’t believe this is America.’ Confronted with unprecedented need, New York food pantries try to fill in the gaps Organizations that serve the food insecure are struggling to serve more people than ever before The line for meals curves around the block. Roughly 25% of New York City’s population now faces food insecurity.
11:16 a.m. Today - By William Watts
Oil snaps 4-day winning streak as worries over fuel demand weighOil futures end a choppy trading session in negative territory, snapping a four-day winning streak, as investors weighed a surprising fall in U.S. weekly first-time jobless claims against worries about lackluster fuel demand.
11:10 a.m. Today - By Mark DeCambre
Gold prices log fifth record in a row as bullion enters ‘euphoric phase’ of rallyGold futures on Thursday extend a record rally to a fifth straight day, with a muted U.S. dollar and lackluster moves in equities supporting bullion’s ascent to near $2,100. Doubts about the complexion of the coming jobs report on Friday also underpinned bids for bullion.
11:08 a.m. Today - By Shawn Langlois
America is more miserable than Russia, China, Mexico and dozens of other countries, survey showsA shocker, this is not. Considering the amount of sick and out-of-work citizens navigating the battered U.S. economy, the latest results from Bloomberg’s Misery Index pretty much sums up 2020.
10:51 a.m. Today - By Victor Reklaitis
Trump to sign order that aims to ensure government buys ‘essential’ drugs from U.S. companies President also says his staff is continuing to work on an order tied to payroll taxes, eviction protections, unemployment insurance and student loansWhile visiting the swing state of Ohio on Thursday, President Donald Trump is expected to sign an executive order that would require the U.S. government purchase “essential” drugs from American companies.
10:03 a.m. Today - By Mark DeCambre
Nasdaq hits record as tech sector keeps stocks slightly positive Continuing jobless claims dropped by a seasonally adjusted 844,000 to 16.1 million in the week ended July 25.U.S. stocks tilted higher midday Thursday as technology shares led the charge in an otherwise listless day for the market as investors awaited news on a coronavirus aid package from Congress and the July employment report on Friday.
9:49 a.m. Today - Associated Press
Ohio Gov. Mike DeWine tests positive for virus ahead of Trump visit DeWine’s office says the governor now plans to quarantine for 14 days at his home in CedarvilleOhio Gov. Mike DeWine tested positive Thursday for the coronavirus just ahead a planned meeting with President Donald Trump.
9:42 a.m. Today - By Ciara Linnane
Coronavirus update: U.S. case tally climbs above 4.8 million as Trump contradicts health experts to claim virus will ‘go away’ ‘Anyone can open a school in a pandemic; keeping them open is going to be the challenge,’ says former CDC head Tom FriedenThe number of confirmed cases of the coronavirus that causes COVID-19 in the U.S. rose above 4.8 million on Thursday, a day after President Donald Trump again said the virus would just “go away,” while one of his leading health-care experts said the virus is unlikely to be under control until late 2021.
9:12 a.m. Today - By Jeffry Bartash
Economists predict U.S. added 1.7 million jobs in July, but admit it’s largely a guess. Here’s what worries them Wall Street braces for poor July jobs report after coronavirus spike The U.S. economy probably suffered a steep decline in hiring and job creation in July, but rarely has Wall Street been so flummoxed about the state of the labor market. The resurgence of the coronavirus and a potentially big shift in school employment could throw the numbers out of whack.
8:58 a.m. Today - By Quentin Fottrell
When will I receive my FIRST stimulus check? ‘We, the qualifying taxpayers, should not have to suffer’ ‘I was the supervisor of the department that processed and reconciled parking citations. Since mid-March, the number of parking citations drastically fell due to the coronavirus pandemic’‘I was the supervisor of the department that processed and reconciled parking citations. Since mid-March, the number of parking citations drastically fell due to the coronavirus pandemic.’
7:35 a.m. Today - By Philip van Doorn
Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says Michael Cuggino of the Permanent Portfolio makes the case that gold is still relatively cheap, despite its 35% increase this yearMichael Cuggino of the Permanent Portfolio makes the case that gold is still relatively cheap, despite its 35% increase this year.
7:26 a.m. Today - By Kimberly Blanton
More cuts to 401(k) matches are coming Suspending matching contributions has become somewhat of a recession traditionSuspending matching contributions has become somewhat of a recession tradition
6:55 a.m. Today - Associated Press
Florida man arrested for spitting at boy who refused to remove his mask Restaurant workers said the man appeared drunk and wasn’t wearing shoesA Florida man was arrested after confronting a child wearing a mask at a restaurant and spitting in his face when the boy refused to take it off, police said.
6:49 a.m. Today - By Philip van Doorn
This $20 billion bond fund produced outsized returns by capitalizing on market turmoil, and is set to do it again Anne Walsh of Guggenheim Investments explains her strategy in a difficult environment for income investorsAnne Walsh of Guggenheim Investments explains her strategy in a difficult environment for income investors.
6:21 a.m. Today - Associated Press
PGA Championship begins without fans in San Francisco, California The PGA Championship is being played at the Harding Park golf courseHarding Park is a public golf course with a history of elite champions.
5:48 a.m. Today - By Jeffry Bartash
Jobless claims fall almost 250,000 to 1.19 million to mark new pandemic low Big drop in new jobless claims a surprise to Wall Street Initial jobless claims fell in early August for the first time in three weeks and touched the lowest level since the coronavirus pandemic began more than four months ago, a surprising decline that suggest some improvement in the labor market despite an increase another viral outbreak. New applications for unemployment benefits sank by 249,000 to 1.19 million.
5:16 a.m. Today - By Steve Goldstein
Here’s the worrying message the market is sending about the economic recoverySure, the S&P 500 has rallied from the March lows. But other market indicators are telling a worrying story about the economy.
4:04 a.m. Today - By Ciara Linnane
Canadian cannabis company Cronos Q2 earnings fall short of estimatesCanadian cannabis company Cronos Group Inc. said Thursday it had a net loss of $55.8 million, or 31 cents a share, in the second quarter, after earnings of $203.8 million, or 16 cents a share, in the year-earlier period. Revenue net of excise taxes came to $9.9 million, up from $7.7 million a year ago. The FactSet consensus was for a loss per share of 7 cents and revenue of $12.7 million. "In the second quarter of 2020, we continued our progress despite unprecedented shifts in our industry and the global economy," Chief Executive Mike Gorenstein said in a statement. Revenue was boosted by continued growth in the Canadian adult-use market, sales stemming from the launch of vaporizers in Canada, and of the Redwood acquisition in results. "While the production and sale of cannabis have been generally allowed to continue in the various geographies in which Cronos Group operates, due to ongoing developments and uncertainty resulting from the COVID-19 pandemic, it has been difficult to predict the continuing impact that COVID-19 will have on the Company," Cronos said in a statement. U.S.-listed hares fell 2% premarket and are down 9% in the year to date, while the Cannabis ETF has fallen 16% and the S&P 500 has gained 3%.
3:30 a.m. Today - By Steve Goldstein
Job-cut announcements surge 54% in July to third-highest on record: ChallengerJob cuts announced by U.S.-based employers jumped in July to 262,649, the third-largest monthly total ever, according to global outplacement firm Challenger, Gray & Christmas. July's total is 54% higher than the 170,219 job cuts announced in June. Last month's cuts bring the yearly total so far to 1.85 million, up 212% from the 592,556 cuts at this time last year, Challenger said.
1:44 a.m. Today - By Jacob Passy
The number of Americans skipping mortgage payments is falling — except among these borrowers Forbearance plans allow mortgage borrowers to make reduced payments or skip monthly paymentsForbearance plans allow mortgage borrowers to make reduced payments or skip monthly payments.
7:08 p.m. Aug. 5, 2020 - By Orla McCaffrey
Quicken Loans parent Rocket Cos. prices IPO at $18 a share Price lower than expected as pandemic has weighed on IPO marketThe country’s top mortgage lender late Wednesday priced its IPO below expectations at $18 a share.
5:12 p.m. Aug. 5, 2020 - Associated Press
Pompeo calls for ‘untrusted Chinese apps’ to be pulled from Apple, Google app stores Expansion of Chinese-tech crackdown comes without specifics, may be illegalU.S. Secretary of State Mike Pompeo on Wednesday called for a big expansion of U.S. government curbs on Chinese technology, saying that it wants to see “untrusted Chinese apps” pulled from the Google and Apple app stores
3:52 p.m. Aug. 5, 2020 - Associated Press
Appeals court reverses order to shut down Dakota Access pipeline Tribe fighting pipeline says ruling is not a setbackA federal appeals court on Wednesday reversed a judge’s order that shut down the Dakota Access pipeline pending a full environmental review.
3:47 p.m. Aug. 5, 2020 - Associated Press
Russia stoking coronavirus disinformation online, U.S. says Russian network ‘exploits fear and confusion’; reward offered to ID anyone interfering with electionThe State Department says Russia is using a well-developed online operation that includes a loose collection of proxy websites to stir up confusion around the coronavirus by amplifying conspiracy theories and misinformation.
2:40 p.m. Aug. 5, 2020 - By Greg Robb
Fed’s Mester says labor market is even weaker than data suggests Cleveland Fed president says many companies in her district are laying off workers and cutting payCleveland Fed President Loretta Mester said Wednesday the labor market is weaker than the official statistics suggest.
12:52 p.m. Aug. 5, 2020 - By Sunny Oh
Treasury yields climb on strong services data, increased debt issuanceU.S. Treasury yields rose Wednesday after strong U.S. economic data and expectations for increased debt issuance weighed on appetite for government bonds.
12:39 p.m. Aug. 5, 2020 - By Nigam Arora
Stock market bulls should consider owning gold as an insurance policy Money printing by the Federal Reserve and massive borrowing by the government may debase the U.S. dollar, helping goldMoney printing by the Federal Reserve and massive borrowing by the government may debase the U.S. dollar, helping gold.
12:05 p.m. Aug. 5, 2020 - By Jeffry Bartash
Consumers hold the key to an economic recovery and right now they’re very anxious Morning Consult poll shows Americans still living in ‘face of fear’ Has the first stage of the U.S. recovery from the coronavirus already peaked? Or has a rebound in the economy merely hit the pause button after a recent surge in Covid-19 cases?
10:09 a.m. Aug. 5, 2020 - Associated Press
U.S. officials rebut claim by Trump that deadly Beirut explosion resulted from ‘a terrible attack’ Trump from podium in White House briefing room: ‘It was a bomb of some kind, yes’President Donald Trump said at a White House briefing on Tuesday that unnamed generals had indicated to him that the Beirut blast appeared to have been caused by a bomb rather than, for example, an industrial mishap. He offered no specifics or evidence.
9:56 a.m. Aug. 5, 2020 - By Ciara Linnane
Coronavirus update: Global death toll tops 700,000 with 18.5 million confirmed cases and U.S. accounts for more than a quarter Disney posts an almost $5 billion loss as parks, film and cruise business hammered by pandemic, leaving only streaming to shineThe number of confirmed deaths across the globe from the coronavirus illness COVID-19 climbed above 700,000 on Wednesday, according to data aggregated by Johns Hopkins University, as the case tally climbed above 18.5 million, with the U.S. accounting for 4.77 million of that total, or more than a quarter.
9:20 a.m. Aug. 5, 2020 - By Rachel Koning Beals
What if heat waves were named like hurricanes? New push draws mega insurers, Athens and Miami mayors, Red Cross and dozens more stakeholders Extreme Heat Resilience Alliance formed now because by mid-century heat waves are expected to affect more than 3.5 billion people globally Global mayors, insurance executives, scientists, forest restorers, the Red Cross and even more stakeholders are declaring “code red,” saying they can no longer wait to prepare for extreme heat as 30% of the world already copes with deadly heat waves lasting 20 days or longer.
7:29 a.m. Aug. 5, 2020 - By Jeffry Bartash
Service side of the U.S. economy show surprising growth in July, ISM finds, but employment worsens ISM services index rises to 58.1% in July from 57.1% in JuneRetailers, health-care providers and most other service-oriented businesses expanded in July for the second month in a row, suggesting the economy showed more resilience than expected even after a spike in coronavirus cases caused many states to reimpose restrictions.
7:27 a.m. Aug. 5, 2020 - By Brett Arends
What a Biden presidency would really mean for your 401(k) — ‘Crashing down’ or ‘bullish’? There’s a pretty straightforward answer, actuallyThere’s a pretty straightforward answer, actually
7:25 a.m. Aug. 5, 2020 - By Victor Reklaitis
Top House Democrats announce probe into Kodak's $765 million government loanDemocratic lawmakers who chair key House panels on Wednesday said how Eastman Kodak Co. recently received a $765 million government loan to help it make drug ingredients at U.S. factories. Reps. Maxine Waters, Eliot Engel, Jim Clyburn, Carolyn Maloney and Al Green asked the U.S. International Development Finance Corporation to provide all communications with private sector entities regarding financing under the Defense Production Act loan program. The Securities and Exchange Commission has into the trading in Kodak's stock before and after the news of the loan broke.
5:58 a.m. Aug. 5, 2020 - By Mark DeCambre
S&P 500 trades within 2% of record high as Wall Street focuses on Disney subscriber growth and hope for fresh round of coronaviirus aidU.S. stocks rose at the start of trading Wednesday as corporate earnings results continued to roll in, and investors pored over a disappointing jobs report from payroll provider Automatic Data Processing Inc. . The payroll company said only 167,000 private sector jobs were created in July, short of the consensus estimate for a gain of 1.88 million jobs, according to Econoday. However, better-than-expected quarterly results late Tuesday from Dow component and entertainment and theme park giant Walt Disney Co. , even though it reported a $3.5 billion loss, helped to fuel some bullishness in markets. On top of that, the Federal Reserve's No. 2, Richard Clarida, told CNBC that he's sticking to his prior forecast of an improving economy over the remainder of the year. The Dow Jones Industrial Average rose 266 points, or 1%, at 27,094, around its highest level since June 8, while the S&P 500 index gained 0.6% to 3,326, putting the broad-market benchmark within 2% of its Feb. 19 record high at 3,386.15. The Nasdaq Composite Index , meanwhile, rose 0.3% to 10,978, which puts the tech-heavy index on pace for its 31st record close of 2020, which would already match last year's full-year record tally for the gauge. Wall Street drew some optimism from report late Tuesday reports suggested congressional leaders are working to reach a coronavirus-aid bill deal by the end of the week.
5:41 a.m. Aug. 5, 2020 - By Greg Robb
Private sector job growth slows sharply in July: ADP U.S firms add just 167,000 jobs last month, compared with forecast of 1.9 millionPrivate sector hiring slowed down sharply in July as employers added 167,000 jobs, ADP reported Wednesday.
5:27 a.m. Aug. 5, 2020 - By Jeffry Bartash
Trade deficit falls 7.5% in June, but imports and exports still way below year-ago levels Global trade has been thrown off badly by the coronavirusThe U.S. trade deficit fell by 7.5% in June after a partial rebound in exports, but the flow of cross-border transactions remained depressed by the global coronavirus pandemic and are still a sore spot for the economy.
3:23 a.m. Aug. 5, 2020 - By Shawn Langlois
Social media reacts to Trump’s ‘shocking’ Axios interview with Jonathan Swan on HBOLast week, Axios political reporter Jonathan Swan teased his HBO interview with President Trump as “one of the most shocking exchanges” he’s ever had with him. Now, with the whole thing having aired, the “shocking” part about Trump claiming word of Russia funding the Taliban never reached his desk just seems to blend in with all the other stuff.
7:47 p.m. Aug. 4, 2020 - Associated Press
U.S. sending Azar to visit Taiwan in move likely to enrage China Highest-level visit by U.S. official in 41 yearsThe U.S. says Health and Human Services Secretary Alex Azar will visit Taiwan in coming days in the highest-level visit by an American Cabinet official since the break in formal diplomatic relations between Washington and Taipei in 1979.
7:16 p.m. Aug. 4, 2020 - Associated Press
Beirut explosion: Cache of ammonium nitrate blamed for blast killing dozens, injuring thousands Neighborhood around downtown port devastatedA massive explosion rocked Beirut on Tuesday, flattening much of the city’s port, damaging buildings across the capital and sending a giant mushroom cloud into the sky. More than 70 people were killed and 3,000 injured, with bodies buried in the rubble, officials said.
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