Business

Traffic jam on Delhi-Meerut Expressway, on July 29, 2021 in Ghaziabad, India. Sakib Ali | Hindustan Times | Getty Images India’s chief economic advisor Krishnamurthy Subramanian hit back at the International Monetary Fund for downgrading the country’s growth projection, saying it’s “significantly off the mark.” The IMF last week cut India’s growth outlook to 9.5%

In this article AMZN MSFT FB AAPL If you are an Apple shareholder who wondered after last week’s stellar earnings report why the value of your stock holding was going down rather than up, the reason given — that chip shortages will weigh on the short-term outlook — may not seem good enough. For a

In this article DIS Dwayne Johnson and Emily Blunt star in Disney’s “Jungle Cruise.” Disney Walt Disney’s “Jungle Cruise” sailed to a better-than-expected opening of $34.2 million at the domestic box office, despite growing concerns that a surge in coronavirus cases could keep families at home. With an additional $27.6 million in ticket sales internationally,

In this article SAVE Spirit Airlines CEO Ted Christie told CNBC on Friday that he’s urging all passengers and employees to get Covid shots, even though the low-cost carrier has no plans to implement vaccine requirements. “Rising case counts with regard to the delta variant obviously is a concern for everybody,” Christie said on “Squawk Box.” The

Boston EMS medics work to resuscitate a patient on the way to the ambulance amid the coronavirus disease (COVID-19) outbreak in Boston, Massachusetts, April 27, 2020. Brian Snyder | Reuters About three-fourths of people infected in a Massachusetts Covid-19 outbreak were fully vaccinated against the coronavirus, according to new data published Friday by the Centers

Alexander Spatari | Moment | Getty Images You’ll probably have to use cryptocurrency to pay off that ransomware hacker who froze your laptop, but where else might you put all your bitcoin, ethereum and other digital coins to actual use? Tesla may still be unsure about accepting bitcoin for its electric vehicles again, yet cryptocurrency

In an aerial view, the Royal Caribbean Freedom of the Seas (L) prepares to set sail from Port Miami during the first U.S. trial cruise testing COVID-19 protocols on June 20, 2021 in Miami, Florida. Joe Raedle | Getty Images Royal Caribbean Cruises shares fell more than 4% Friday after six passengers on board its

In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images The Walt Disney Company said Friday it is requiring all salaried and non-union hourly employees in the U.S. to be

In this Photo illustration a World Health Organization(WHO) logo seen displayed on an Android phone. Avishek Das | Getty Images World Health Organization officials said they are still trying to understand why the delta variant is more transmissible and potentially makes people sicker than the original coronavirus strain. “We’re really trying to get a better

Russell Westbrook #4 of the Washington Wizards reacts prior to playing against the Denver Nuggets at Capital One Arena on February 17, 2021 in Washington, DC. Will Newton | Getty Images The Washington Wizards have agreed to send superstar Russell Westbrook to the Los Angeles Lakers for three players and what was the number 22

Professional sports leagues are uniquely positioned to track breakthrough Covid cases because they test thousands of athletes consistently, according to Dr. Robby Sikka, a physician who has worked with numerous NBA and NFL teams. Sikka told CNBC that the highly transmissible delta variant is “absolutely” driving most of the Covid breakthrough cases he’s studied. “Delta

In this article PFE A man receives his third dose of COVID19 vaccine at Sheba Medical Center on July 14, 2021 in Ramat Gan, Israel. Amir Levy | Getty Images Israeli health officials plan to offer booster shots of the Pfizer–BioNTech Covid-19 vaccine to people over age 60 as the shot’s effectiveness appears to wane

Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. The results are a marked improvement from the same period last year when demand was ravaged

In this article AMCX Bob Odenkirk attends the 2020 Film Independent Spirit Awards on February 08, 2020 in Santa Monica, California. Jeff Kravitz | FilmMagic, Inc | Getty Images Actor Bob Odenkirk is in stable condition at a New Mexico hospital after suffering a heart attack while on the set of AMC’s “Better Call Saul.”

A city-operated mobile pharmacy advertises the Covid-19 vaccine in a neighborhood near Brighton Beach on July 26, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Starting this Friday, New York City will pay $100 to anyone who goes to a city-run vaccination site for their

In this article ADBE WMT Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Just as Amazon Web Services is the profit center that powers much of Amazon’s other businesses, Walmart CEO Doug McMillon has been increasingly interested

CNBC’s Jim Cramer on Tuesday advised investors to stick to their trading strategies and ignore the often-changing prism of the market after stocks snapped a five-day winning streak. “Please, don’t take your cue from the day-to-day action because that just tells you you’re using the filter that we’re all using, instead of doing your own

Simone Biles performs her floor routine during the 2019 U.S. Gymnastics Championships. Denny Medley | Reuters Russian gymnasts upset the U.S. Olympic team in Tokyo on Tuesday night after American superstar Simone Biles withdrew from the competition. Biles, the reigning all-around Olympic gold medalist and one of the faces of the American contingent at the

The floods in China and Europe are yet “another body blow” for global supply chains, the CEO of a shipping firm told CNBC on Monday.  “Rarely does a week go past without something new,” says Tim Huxley, CEO of Mandarin Shipping.  Shipping has already seen massive disruptions this year. As parts of the world rebounded from

CNBC’s Jim Cramer delivered an optimistic tune on Monday, predicting that the reopening plays will surge again when the U.S. reaches herd immunity against Covid-19. “If we reach some sort of nationwide pseudo herd immunity through a combination of vaccines and infections, or even if we just get a peak in new cases, it could