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February 19, 2020
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Americans have $21 billion in unused gift cards — how to cash in

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CNBC – For more and to sign up click here iTunes song gift cards are seen on display at a Best Buy store in San Francisco. Getty Images It’s the gift Americans want most. It’s also the one they may be least likely to use. Half of all adults currently......
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Beijing to accept tariff exemption requests on US imports

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CNBC – For more and to sign up click here Soybean imports in Beijing, China. TPG | Getty Images China said on Tuesday it would accept applications for new tariff exemptions for 696 products imported from the United States including pork, beef, soybeans, liquefied natural gas and crude oil. Firms......
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Why the once lucrative job is on the decline

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CNBC – For more and to sign up click here Wall Street used to be full of traders. Buying and selling stocks or bonds used to happen on the phone, in person or in the packed trading pits in Chicago, New York and London. Prestigious investment banks boasted of trading......
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Consumer sentiment rises in February even amid the coronavirus outbreak

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CNBC – For more and to sign up click here U.S. consumer sentiment figures for February came in higher than expected despite the recent outbreak of the coronavirus. The University of Michigan’s consumer sentiment index came in at 100.9 for February. Economists polled by Dow Jones expected February consumer sentiment......
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See Nantucket, Martha’s Vineyard and Block Island by small-ship cruise

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CNBC – For more and to sign up click here Martha’s Vineyard, Nantucket and Block Island are classic New England islands. Framed by white sand beaches, these photogenic locations are dotted with Victorian architecture and Federal-style brick mansions built by sea captains and industrialists who profited from the once-thriving whaling......
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World Health Organization holds press conference on the coronavirus outbreak

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CNBC – For more and to sign up click here [The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] World Health Organization officials are holding a press conference Thursday to update the public on......
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Airport hotels add amenities to compete with downtown hotels

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CNBC – For more and to sign up click here Exhausted road warriors look to airport hotels for convenience. But increasingly, those hotels want travelers to visit for reasons that go beyond ease of access. Essential needs remain constant, but a growing number of amenities, such as lavish spas and......
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Joe Biden can beat Trump — but he won’t win the Democratic nomination, Paul Ryan says

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CNBC – For more and to sign up click here Speaker of the House Rep. Paul Ryan (R-WI) Getty Images ABU DHABI, United Arab Emirates — Former House Speaker and staunch Republican Paul Ryan sees only one Democrat capable of beating President Donald Trump in the 2020 election — but......
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Why the bond market looks so worried about the coronavirus outbreak

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CNBC – For more and to sign up click here Falling bond yields are reflecting investor fears about the rapidly spreading coronavirus, yet stocks are rallying near their highs, even as the virus has now infected more than 40,000 people. The two markets appear to be diverging as low bond......
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US economy, asset markets are underpinned by strong growth drivers: Commentary

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CNBC – For more and to sign up click here Jobs, incomes and credit costs drive household consumption, residential investments and business capital outlays — a hefty 87.2% of the U.S. economy in 2019.  Those three variables look good. With nearly 4 million people added to payrolls in the year......
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Trump admin to unveil fiscal 2021 budget calling for extending tax cuts

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CNBC – For more and to sign up click here WASHINGTON — The White House’s election-year budget will show the economy growing at an average rate of 3% for the next 15 years, a senior administration official said Sunday, spurred on by another round of tax cuts and low interest......
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adds 225,000, much better than expected

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CNBC – For more and to sign up click here WASHINGTON — An unseasonably mild January helped power the U.S. jobs market to more gains, with nonfarm payrolls rising 225,000 for the month, well above Wall Street estimates. The unemployment rate ticked higher to 3.6%, but for the right reason......
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Dozens tested for new coronavirus on cruise ship docked near New York City

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CNBC – For more and to sign up click here This is a file photo showing Royal Caribbean Cruises Ltd.’s Quantum-class cruise ship, the Anthem of the Sea, as it sits moored at the Cape Liberty Cruise Port in Bayonne, Oct. 6, 2015. Michael Nagle | Bloomberg | Getty Images......
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World Health Organization briefs member countries on coronavirus

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CNBC – For more and to sign up click here [The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The World Health Organization will hold a technical briefing Tuesday to update member countries on......
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Fed’s Bostic says new virus hasn’t changed his outlook

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CNBC – For more and to sign up click here President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. Clodagh Kilcoyne | Reuters China’s virus outbreak has prompted traders to begin......
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Why the US uses the Electoral College in presidential elections

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CNBC – For more and to sign up click here With the 2020 presidential election approaching, many voters recognize where they vote may be more consequential than whom they choose in the voting booth. Like most elections, a handful of states may determine the winner. That’s because of the Electoral......
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companies suspend China operations, restrict travel

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CNBC – For more and to sign up click here Staff members, wearing protective suits, watch as a plane carrying 32 Mongolian citizens for their evacuation from the Chinese city of Wuhan arrives in Ulaanbaatar, the capital of Mongolia on February 1, 2020. Byambasuren Byamba-ochir | AFP | Getty Images......
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Why the midlife crisis is worse for women, according to Ada Calhoun

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CNBC – For more and to sign up click here Ada Calhoun, who’s written about the financial struggles of middle-aged women today Gilbert King The summer of 2017 was a difficult one for Ada Calhoun. The 41-year old freelance writer watched a bunch of her projects fall through. She racked......
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9 million homeowners could save big money on a mortgage refinance

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A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif. Patrick T. Fallon | Bloomberg | Getty Images Millions of borrowers can now save big on a mortgage finance as rates have hit the lowest level in more than three years. The average rate......

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