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July 11, 2020

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CNBC Business

Businesses, sick of policing mask use to prevent coronavirus, ask government to step in

CNBC
by CNBC012
CNBC – For more and to sign up click here A customer wearing a protective mask shops at a Hennes & Mauritz (H&M) clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images Desparate to keep......
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CNBC Business

Small business coronavirus relief loan database contains some big errors, firms say

CNBC
by CNBC011
CNBC – For more and to sign up click here Geraldine Brimley Source: Geraldine Brimley They can’t show you the money because they didn’t get it — despite what the government says. Several companies that purportedly received forgivable loans as part of a federal relief program said that they did not......
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CNBC Business

As Black buying power grows, racial profiling by retailers remains persistent problem

CNBC
by CNBC016
CNBC – For more and to sign up click here Lorenzo Boyd, an assistant professor, director of the Center for Advanced Policing and vice president for diversity and inclusion at University of New Haven. Source: Lorenzo Boyd Lorenzo Boyd was in the market for a new car and wanted to......
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CNBC Business

The Fed is buying some of the biggest companies’ bonds, raising questions over why

CNBC
by CNBC07
CNBC – For more and to sign up click here A woman walks past the U.S. Federal Reserve building in Washington D.C., May 21, 2020. Ting Shen | Xinhua News Agency | Getty Images As the Federal Reserve moves deeper into its purchases of corporate debt, it faces more questions......
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CNBC Business

Recession and recovery stocks are working, but the trend is not sustainable, Jim Cramer says

CNBC
by CNBC021
CNBC – For more and to sign up click here Wall Street players are divided between two investment themes as investors try to gauge which way the coronavirus response and economic recovery is headed, CNBC’s Jim Cramer said Monday. The optimistic and pessimistic investors are placing opposite bets in the......
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CNBC Business

Jim Cramer: 10 bull markets on Wall Street and the stocks leading the way

CNBC
by CNBC021
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Thursday said multiple segments in the stock market have crossed over from bear to bull market territory in recent weeks as the U.S. economy continues its recovery from the coronavirus lockdown. The market action has helped......
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CNBC Business

Jim Cramer: Investors are rotating into and out of these stocks

CNBC
by CNBC012
CNBC – For more and to sign up click here Wall Street roared on Wednesday as investors saw more signs of some sense of economic “normalcy,” CNBC’s Jim Cramer said after the market closed. “Normalcy is shop until you drop. And today’s action says that’s exactly where we’re headed,” the......
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CNBC Business

FAANG emerges as the latest group to lead the market, Jim Cramer says

CNBC
by CNBC024
CNBC – For more and to sign up click here CNBC’s Jim Cramer said the most dominant names in technology emerged as the latest stock group to lead the market higher in Wednesday’s session. “These Big Tech stocks led us higher,” the “Mad Money” host said after the major averages......
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CNBC Business

5 things to know before the stock market opens Wednesday

CNBC
by CNBC030
CNBC – For more and to sign up click here 1. Dow set to recover much of Tuesday’s losses The Dow came under pressure in the final hour of trading after a STAT News report raised concerns about Monday’s trial results for a potential coronavirus vaccine from Moderna. Shares of......
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CNBC - Real Estate

Homebuilding stocks rise despite plunge in housing starts — how two traders would play the move

CNBC Real Estate
by CNBC Real Estate038
Homebuilding stocks held their own in the face of major headwinds. The iShares U.S. Home Construction ETF (ITB), which tracks the group, hung onto gains for most of Tuesday’s trading session before closing practically flat after a report showed U.S. housing starts had plunged to five-year lows in April. The SPDR S&P......
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CNBC Business

Lowe’s shares soar after same-store sales surge 11.2%

CNBC
by CNBC014
CNBC – For more and to sign up click here A man walks past a Lowe’s store in Los Angeles, California. Mario Tama | Getty Images Lowe’s shares rose more than 7% in premarket trading Wednesday after the company reported better-than-expected earnings.  Here’s what Lowe’s reported compared with what Wall......
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CNBC Business

‘We’ve probably taken a depression off the table,’ Jim Cramer says

CNBC
by CNBC029
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday said Wall Street has been buoyed by a succession of positive news in the past week. From the number of states restarting their economies to the current state of the oil market to government intervention,......
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CNBC Business

Stocks making the biggest moves midday: Kohl’s, Moderna, Peloton, Carvana and more

CNBC
by CNBC027
CNBC – For more and to sign up click here A shopper prepares to pay for items at a Kohl’s department store in Peru, Illinois, May 16, 2019. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Moderna — Shares of the biotech company fell......
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CNBC - Real Estate

Home Depot vs. Lowe’s: Two analysts place their bets

CNBC Real Estate
by CNBC Real Estate021
Home Depot and Lowe’s have had very different years so far. Ari Wald of Oppenheimer and Nancy Tengler of Laffer Tengler Investments place their bets. CNBC – For more and to sign up click here...
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CNBC Business

Coronavirus live updates: Southwest sees a turning point for travel, customers return as Olive Gardens reopen

CNBC
by CNBC015
CNBC – For more and to sign up click here A week of retail earnings kicked off before the market open on Tuesday, with Walmart and Home Depot each reporting strong same-store sales growth as consumers stocked up and stayed home during the quarter.   The World Health Organization’s assembly continues......
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CNBC Business

5 things to know before the stock market opens Tuesday

CNBC
by CNBC031
CNBC – For more and to sign up click here 1. Dow erases losses after strong Walmart earnings Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin will testify virtually before the Senate Banking Committee starting at 10 a.m. ET. It’s the first update to Congress required by the......
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CNBC Business

Stock market live updates: Futures flat after big Monday rally, Home Depot falls, Walmart rises

CNBC
by CNBC044
CNBC – For more and to sign up click here Wall Street stands empty as people stay away from the area due to the coronavirus on March 30, 2020 in New York City. Spencer Platt | Getty Images This is a live blog. Please check back for updates. 7:58 am:......
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CNBC Business

Home Depot reports earnings before the bell — here’s what analysts expect

CNBC
by CNBC021
CNBC – For more and to sign up click here Patrick T. Fallon | Bloomberg | Getty Images Home Depot is set to report its first-quarter earnings before the bell on Tuesday. While coronavirus restrictions have slowed or suspended construction in much of the country, Home Depot’s earnings will offer......
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CNBC Business

Three stocks are worth buying ahead of this week’s retail earnings wave, traders say

CNBC
by CNBC093
CNBC – For more and to sign up click here The retail sector’s roller-coaster ride continues. A slew of major U.S. retailers is scheduled to report earnings this week after a worse-than-expected drop in domestic sales in April. Some of the companies in line to report are: Investors looking to......
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