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January 24, 2020
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Houston explosion at warehouse leaves at least 2 dead today

CBS News
CBS News – For more and to sign up click here Two people were killed Friday in a massive warehouse explosion in Houston, officials said. More than a dozen others suffered minor injuries, including cuts and breathing issues, CBS affiliate KHOU reported. The explosion at Watson Grinding and Manufacturing was......
CBS US News

Houston explosion: Large blast at building shakes city, scatters debris today — live updates

CBS News
CBS News – For more and to sign up click here A large explosion at a building in Houston early Friday was felt for miles away and left rubble scattered in the area. The explosion shook other buildings about 4:30 a.m., with reports on Twitter of a boom felt across......
CNBC Business

Tesla stock rally is squeezing short sellers and helping Elon Musk

CNBC
CNBC – For more and to sign up click here Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China January 7, 2020. Aly Song | Reuters The very short sellers that Elon Musk skewers frequently for betting against Tesla......
CNBC Business

Democrat Cory Booker drops out of 2020 presidential race

CNBC
CNBC – For more and to sign up click here Democratic presidential candidate Senator Cory Booker (D-NJ) responds to a question during a forum held by gun safety organizations the Giffords group and March For Our Lives in Las Vegas, Nevada, October 2, 2019. Steve Marcus | Reuters Sen. Cory......
CNBC Business

Amazon says uninstall Honey, which PayPal just paid $4 million for

CNBC
CNBC – For more and to sign up click here Honey co-founders Ryan Hudson and George Ruan. PayPal Amazon has a beef with the start-up PayPal recently acquired, Honey. During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a......
CNBC Business

Manufacturing jobs ‘tough to fill,’ weak spot in employment picture

CNBC
CNBC – For more and to sign up click here In a year that featured otherwise solid job growth, manufacturing stood out as one sector that lagged behind. It’s not that the jobs aren’t there: There were still 477,000 open positions as of October, down less than 5% from the......
CNBC Business

US trade deficit at $43.09B in November, vs $43.6B estimate

CNBC
CNBC – For more and to sign up click here The U.S. trade deficit fell more than expected in November ahead of negotiations with China that cooled the simmering tariff battle between the two sides. The shortfall in goods and services declined to $43.09 billion for the month, below the......
CBS US News

Earthquake in Puerto Rico today: 5.8-magnitude quake strikes south of island today, causing damage — live updates

CBS News
SAN JUAN, Puerto Rico — A 5.8-magnitude quake hit Puerto Rico before dawn Monday, unleashing small landslides, causing power outages and severely cracking some homes. It was one of the strongest quakes yet to hit the U.S. territory that has been shaking for the past week. There were no immediate......
CNBC Business

Trump threatens to slap sanctions on Iraq ‘like they’ve never seen before’

CNBC
CNBC – For more and to sign up click here President Donald Trump speaks during a ‘Evangelicals for Trump’ campaign event held at the King Jesus International Ministry on January 03, 2020 in Miami, Florida. Joe Raedle | Getty Images President Donald Trump threatened Sunday to slap sanctions on Iraq......
CNBC Business

Fed’s Robert Kaplan is OK with keeping rates steady but wants to look at the central bank’s balance sheet

CNBC
The Fed’s Robert Kaplan said the economy is likely to grow in excess of 2% this year while inflation remains low, justifying the central bank’s stance of likely keeping its benchmark overnight borrowing rate anchored in a range of 1.5% to 1.75%. Source link: Click here for more...
CNBC Business

David Stern, former commissioner who drove the NBA’s global expansion, dies at 77

CNBC
During his 30-year tenure from 1984 to 2014, Stern took the NBA from a 23-team organization struggling to make a profit to a 30-team operation whose revenue increased by 30 times to a reported $5 billion. Source link: Click here for more...
CNBC Business

Pete Buttigieg raised huge $24.7 million haul in the fourth quarter, campaign says

CNBC
Since entering the race in April, he’s raised $76 million, with 733,000 individual donors making up that sum. Buttigieg received his largest donor share in the fourth quarter alone, with 326,000 people contributing to the campaign. Source link: Click here for more...
CNBC Business

IPOs overall beat the market this year despite some ‘mega busts’

CNBC
An index that tracks initial public offerings has outperformed the S&P 500 in what could be a historic year for stocks. Source link: Click here for more...
CNBC Business

Here’s how China became the world’s No. 2 economy and how it plans on being No. 1

CNBC
Inside China’s plan to become the world’s leading economy Summary: Over the past several years, China became the world’s second leading economy. The nation now faces the challenge of continuing its momentum to eventually become number 1. Source link: Click here for more...
CNBC Business

Months before he died, Volcker ripped into Trump and ‘nihilistic forces’ undermining confidence in the US

CNBC
In an afterword to a paperback release of his autobiography, the legendary former central bank chief called out the president Source link: Click here for more...
CNBC Business

Silicon Valley’s new focus on profits could make millennial lifestyles more expensive

CNBC
Venture capital’s renewed focus on profits instead of growth at any cost could make urban lifestyles more expensive. Source link: Click here for more...

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