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April 8, 2020
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U.S. Economy

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Treasury Secretary Mnuchin says the government won’t run out of money for small businesses

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CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin told CNBC on Wednesday that small businesses throughout the U.S. should not worry about their odds of receiving relief funding from the federal government. Asked by CNBC’s Jim Cramer about the White House’s work with the Small......
CNBC - Real Estate

Weekly mortgage applications sink as coronavirus sets back homebuyers

CNBC Real Estate
An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg via Getty Images Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus. Higher mortgage rates aren’t helping either. Both combined......
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Luxury hotels help guests who are stuck at home

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CNBC – For more and to sign up click here You used to have to be a paying guest to get the five-star hotel experience.  That rule — at least for the moment — has changed. With millions of travelers confined to their homes due to the coronavirus pandemic, luxury......
CNBC Business

Trump blames WHO for getting coronavirus pandemic wrong, threatens to withhold funding

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CNBC – For more and to sign up click here U.S. President Donald Trump responds to a question about the Department of Health and Human Services Inspector General’s report on the shortage of novel coronavirus tests for hospitals during the daily coronavirus task force briefing at the White House in......
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Wuhan eases lockdown, allows people to leave

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CNBC – For more and to sign up click here This is a live blog. Please check back for updates. Global cases: More than 1,426,000 Global deaths: At least 81,865 Most cases reported: United States (396,223), Spain (141,942), Italy (135,586), France (110,065) and Germany (107,663).  The data above was compiled by Johns......
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White House officials worry the coronavirus is hitting African Americans worse than others

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CNBC – For more and to sign up click here Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, addresses the coronavirus task force daily briefing at the White House in Washington, U.S., March 24, 2020. Jonathan Ernst | Reuters White House officials worry that the......
CNBC - Real Estate

DocuSign CEO Dan Springer on the activity trends among its customers

CNBC Real Estate
DocuSign CEO Dan Springer said Tuesday the company has not noticed a decline in activity among its clients in the real estate industry despite the economic shock from the coronavirus.  “Real estate is an interesting one because while a lot of people are concerned there is going to be a......
CNBC Business

New Jersey closes most public parks, extends emergency order as deaths surge

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CNBC – For more and to sign up click here New Jersey is extending its public health emergency order and closing all state and county parks as coronavirus deaths hit the highest single-day increase in COVID-19 deaths yet, Gov. Phil Murphy announced Tuesday. Murphy announced that 232 people died of......
CNBC Business

Mortgage forbearance requests jump nearly 2,000%

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CNBC – For more and to sign up click here A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif. Patrick T. Fallon | Bloomberg | Getty Images Mortgage payments for the month of April are not even officially late until the 15th, but......
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Boris Johnson in intensive care

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CNBC – For more and to sign up click here People wearing protective masks walk through Lu Xun Park in Shanghai, China, on Thursday, April 2, 2020. Qilai Shen | Bloomberg via Getty Images This is a live blog. Please check back for updates. Global cases: At least 1,341,907.  Global deaths:......
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Trump says there’s light at the end of the tunnel with coronavirus vaccine and treatment research

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CNBC – For more and to sign up click here President Donald Trump speaks during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room at the White House on April 6, 2020, in Washington, DC. Mandel Ngan | AFP | Getty Images While the coming days......
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White House health advisor Fauci says we may never get back to ‘normal’

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CNBC – For more and to sign up click here Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci speaks during the daily briefing on the novel coronavirus, COVID-19, in the Brady Briefing Room at the White House on April 1, 2020, in Washington, DC. Mandel Ngan......
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New York City may have to bury coronavirus victims on public lands as deaths overwhelm mortuaries

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CNBC – For more and to sign up click here Medical workers remove a body from a refrigerated truck outside of the Brooklyn Hospital on March 31, 2020 in New York City. Stephanie Keith | Getty Images New York City is preparing to bury the bodies of those who died......
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Cuomo will ask Trump to allow coronavirus patients on Comfort

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CNBC – For more and to sign up click here Gov. Andrew Cuomo said he will ask President Donald Trump on Monday to allow the U.S. Navy’s 1,000-bed hospital ship Comfort to be used to treat patients with the coronavirus to relieve pressure on extremely strained New York City’s hospital system.......
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WHO says coronavirus vaccine and treatment research has ‘accelerated at incredible speed’

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CNBC – For more and to sign up click here World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus gestures during a press briefing on evolution of new coronavirus epidemic on January 29, 2020 in Geneva. Fabrice Coffrini | AFP | Getty Images Research to develop vaccines and treatments to fight......
CNBC Business

Yellen says the Fed doesn’t need to buy equities now, but Congress should reconsider allowing it

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CNBC – For more and to sign up click here Federal Reserve Chair Janet Yellen speaks during a news conference December 13, 2017 in Washington, DC. Getty Images Former Federal Reserve Chair Janet Yellen thinks the central bank is not in a position where it needs to buy equities but......
CNBC - Real Estate

Those who can should pay their rent

CNBC Real Estate
The coronavirus pandemic should not be used as a reason for everybody to stop paying rent, the CEO of one of the nation’s largest real estate developers told CNBC on Monday.  “It’s a whole ecosystem. The people that can pay need to pay,” Related Companies’Jeff Blau said in a “Squawk......
CNBC - Real Estate

Related Companies’ Jeff Blau on coronavirus crisis impact on real estate market

CNBC Real Estate
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