Month: December 2020

Casino stocks are rallying as investors anticipate a rebound in travel and less rocky trade relations between the U.S. and China in the upcoming year, CNBC’s Jim Cramer said. The U.S. earlier Monday began inoculating citizens with a Covid-19 vaccine authorized by federal regulators for emergency use, which officials hope will help the country reopen
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Wells Fargo Securities is pushing a bearish case for the prices of bonds in its official 2021 outlook. Michael Schumacher, the firm’s head of macro strategy, expects the 10-year and 30-year Treasury Note yields to move meaningfully higher due to progress against the coronavirus. “In a word, it’s vaccines,” he told CNBC’s “Trading Nation” on
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India’s entrepreneurs have a unique opportunity to shape the future of technology, not only within their own country but across the globe, according to the billionaire founder of one of the country’s most successful start-ups. Vijay Shekhar Sharma, CEO of financial technology company Paytm, said accelerating internet adoption under the pandemic has increased the need
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Erin Scott | Reuters Capitol Hill lawmakers are wrestling with a big question that’s plagued them for months: How to put together another coronavirus relief package that will garner enough support from both parties. On Monday, a new $908 billion bipartisan proposal aims to do just that, except it lacks one key area of aid
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Sen. Mitt Romney, R-Utah, told CNBC that he is “not surprised” upon hearing news of Attorney General William Barr’s resignation from the Justice Department.  “It was clear that being part of the [Trump] administration was a challenging responsibility for him, to say the least,” Romney said. “I’m not surprised that he could no longer associate
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A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell 2% and 6% respectively, despite the Food and Drug Administration’s approval of the firms’ Covid-19
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Advisors help in filling 1040 form, teamwork in office getty As this unprecedented and strange year draws to a close, it is time for businesses and individuals to start planning to reduce next year’s tax obligations wherever possible. So far, we have survived COVID-19 and an adversarial presidential election process. We are approaching 2021 with
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