Health Deputy Minister Dr Joe Phaahla, September 02, 2020 in Springs, South Africa. OJ Koloti | Gallo Images | Getty Images South African Health Minister Joe Phaahla said Friday that other countries’ decisions to impose travel restrictions amid concerns over the detection of a heavily mutated variant of Covid-19 in his country is “unjustified.” “The
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In this article ZM UAL NCLH RCL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading Friday: United Airlines, American Airlines – Airline stocks were hit hard during Friday’s sell-off, as the new Covid variant
Private jet demand is booming — to the extent that companies can’t produce them quickly enough and buyers are facing extended wait periods for deliveries. Even secondhand business jets are vanishing from the market. “If you look at today compared to 2019, the market has almost exploded,” John Schmidt, global aerospace and defense industry
Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen.
Simon Smith | E+ | Getty Images With U.S. markets slipping on Friday amid fears of a new Covid variant, you may be tempted to take some money off the table. The Dow Jones Industrial Average is down 900 points for the day, or 2.5%. The S&P 500, meanwhile, has slid 1.8%. However, while selling
David Paul Morris | Bloomberg | Getty Images When it comes to shopping for a new car, this isn’t your typical Black Friday. Deals and discounts that were once plentiful this time of year are harder to come by. An ongoing global shortage of microchips — key components needed for today’s autos to operate —
In this article ETSY Darin Mays makes wood tables and sells on Etsy. He sources locally and can quickly navigate supply headaches plaguing other retailers. Larry Falk | CNBC This holiday season, Darin Mays isn’t staring down labor challenges or supply chain woes like some of his big-box competitors, and sales are strong. The entrepreneur’s
A look at the performance of some major ETF’s in recent weeks.
In this article NWL TPR TGT WMT Shoppers looking at Macy’s Black Friday specials in Maumee, Ohio, November 27, 2020. Stephen Zenner | SOPA Images | LightRocket | Getty Images Keith Fitzgerald has gone to extreme lengths this holiday season to make sure he gets the perfect gift. Fitzgerald, a 40-year-old hairstylist, searched online and
Kevin O’Leary Scott Mlyn | CNBC Celebrity investor Kevin O’Leary is investing in digital currencies, but he hasn’t done so lightly, telling CNBC that he’d prefer to consult with regulators on this space rather than be a “crypto cowboy.” O’Leary told CNBC’s “Capital Connection” on Tuesday that he preferred to consult with regulators before investing
Britain’s Health Secretary Sajid Javid speaks during a press conference at Downing Street on October 20, 2021 in London, England. Toby Melville | WPA Pool | Getty Images News The United Kingdom is temporarily suspending flights from six countries as a new Covid variant with more than 30 mutations spreads in South Africa. Sajid Javid,
In this article .DJI .IXIC .SPX A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021. Brendan McDermid | Reuters U.S. stock futures dropped in overnight trading on Thursday as investors geared up for a shortened trading day amid renewed Covid fears over a new variant found in South