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July 13, 2020
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CNBC Business

The U.S. warns citizens of ‘arbitrary detention’ in China

CNBC
CNBC – For more and to sign up click here The national flags of the U.S. and China waving outside a building. Teh Eng Koon | AFP via Getty Images The U.S. has asked its citizens to “exercise increased caution” in China due to a “heightened risk of arbitrary detention”......
CNBC Business

Here’s why the Trump administration’s threat to hurt Hong Kong’s dollar peg won’t work

CNBC
CNBC – For more and to sign up click here Why Trump administration threat to hurt Hong Kong’s dollar peg won’t work SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

China is stepping into global leadership vacuum as U.S. struggles with coronavirus, says Kevin Rudd

CNBC
CNBC – For more and to sign up click here The global leadership vacuum during the coronavirus crisis is an “open door” for China to walk through, said Kevin Rudd, president of the Asia Society Policy Institute. The former Australian prime minister said the U.S. has presented an opportunity for Beijing......
CBS US News

U.S. sees another record-breaking day with more than 63,000 coronavirus cases

CBS News
CBS News – For more and to sign up click here A whopping 63,200 coronavirus cases were reported in the United States on Thursday – another all-time, single-day high for new confirmed infections. The previous high was on Tuesday, when 60,000 cases were reported across the country, according to figures......
CNBC Business

Big Tech went from growth stocks to Wall Street’s Treasury bond substitute during the coronavirus

CNBC
CNBC – For more and to sign up click here FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Investors and traders have historically turned to less-risky assets such as U.S. Treasurys to weather market volatility and uncertainty. During the coronavirus pandemic, however, they have turned to unlikely place:......
CNBC Business

U.S. sanctions Chinese officials for human rights abuses in Xinjiang

CNBC
CNBC – For more and to sign up click here Xinjiang Party Secretary Chen Quanguo speaks during a meeting of the Xinjiang delegation at the ongoing National People’s Congress at the Great Hall of the People in Beijing on March 12, 2019. Greg Baker | AFP | Getty Images The......
CNBC Business

North Korean leader’s sister says another summit with the U.S. is unlikely

CNBC
CNBC – For more and to sign up click here Kim Yo Jong, sister of North Korea’s leader Kim Jong Un. Jorge Silva | Reuters Kim Yo Jong, the sister of North Korea’s leader, said another summit with the United States would only be useful for Washington at this point,......
CNBC Business

Biden uses progressive message to roll out his moderate economic plan

CNBC
CNBC – For more and to sign up click here Joe Biden took to the podium Thursday in Dunmore, Pennsylvania, to unveil his economic platform as a candidate running for president of a country facing simultaneous economic, health and racial crises.  The presumptive Democratic nominee’s message was different than the one......
CNBC - Real Estate

Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings

CNBC Real Estate
Wells Fargo is raising the bar for new customers to get a popular mortgage product, CNBC has learned exclusively. The bank is now requiring new clients to bring at least $1 million in balances if they want to refinance a jumbo mortgage, up from a previous level of $250,000, according......
CNBC Business

Walgreens swings to a quarterly loss as coronavirus drives up costs, lowers doctor visits

CNBC
CNBC – For more and to sign up click here A customer views merchandise for sale at a Walgreens store in the Hollywood neighborhood of Los Angeles. Christopher Lee | Bloomberg | Getty Images Walgreens Boots Alliance said Thursday that the pandemic hurt its fiscal third-quarter results as fewer people went......
CNBC - Real Estate

U.S. may need another 1 billion square feet of warehouse space by 2025 as e-commerce booms

CNBC Real Estate
With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders.  Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to their computers and smartphones to buy everything from fresh groceries......
CNBC Business

A ‘financial war’ with China could be brewing on top of the trade war

CNBC
CNBC – For more and to sign up click here You’ve heard about the trade war with China. There may be a separate, potential “financial war” brewing. The Securities and Exchange Commission wants you to know more about what is happening with Chinese companies that list in the United States.......
CNBC Business

Stocks are up, but so is gold — and analysts say the metal’s rally is just getting started

CNBC
CNBC – For more and to sign up click here World stocks and gold prices: Analysts expect yellow metal to rally SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

WTO to select new leader at a time of crisis — here’s who’s on the list

CNBC
CNBC – For more and to sign up click here The World Trade Organization headquarters at sunrise. FABRICE COFFRINI Five candidates are in the running to take the helm of the World Trade Organization, at a time when the institution is going through a deep identity crisis. The current director......
CBS US News

U.S. hits 3 million confirmed coronavirus cases as some states see surge of infections

CBS News
CBS News – For more and to sign up click here The number of confirmed coronavirus cases in the U.S. surpassed 3 million on Wednesday, according to a tally from Johns Hopkins University. The virus has killed more than 131,000 people nationwide. Globally, more than 11.8 million cases have been reported and......
CNBC Business

Apple Maps driving activity is slowing again in warning sign for the economy

CNBC
CNBC – For more and to sign up click here A view of traffic at rush hour on FDR Drive as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 25, 2020. Noam Galai | Getty Images As coronavirus cases......
New York Post

Fixing Uncle Sam’s global broadcasting arm is more important than ever

NYPost
Now more than ever, our nation must engage the the global war of ideas. America’s adversaries — especially China, Russia, and Iran — have aggressively ramped up their disinformation and propaganda campaigns. At the same time, they are denying their own citizens access to the Internet and objective sources of......

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