Business

Image Source | Getty Images Millionaire investors are betting that stocks will take at least a year to regain their previous highs, according to the CNBC Millionaire Survey. Despite the continued surge in the stock market since its March lows, millionaire investors remain skeptical of the market’s V-shaped recovery. A majority of millionaires surveyed said

A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters American Airlines has started alerting travelers about crowded planes before their trips and allowing them to switch to other flights in

NASA astronaut Doug Hurley puts on his SpaceX spacesuit during a rehearsal for the Demo-2 launch. NASA SpaceX is moving ahead with its Demo-2 crewed launch on Wednesday, even as stormy weather threatens to postpone the mission. Liftoff is currently scheduled for 4:33 p.m. ET. You can read a full overview of the mission here.

The Italian national aerobatic team, the Frecce Tricolore, flies over the Piazza Duomo of Milan on May 25, 2020 in Milan, Italy. Restaurants, bars, cafes, hairdressers and other shops have reopened, subject to social distancing measures, after more than two months of a nationwide lockdown meant to curb the spread of Covid-19. Pietro D’Aprano Italians

Newell Brands: “Well, you’re bottom fishing and a bottom fisher can make a couple of bucks, but I like quality and Newell Brands is not high quality. It does not have a great balance sheet.” Caesars Entertainment: “I like Penn National Gaming … That’s my one.” Schrodinger: “We like this one for … one of

Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019. Mark Ralston | AFP | Getty Images Check out the companies making headlines in midday trading.  United, American, Delta, Southwest — Airlines, which are positioned to benefit from the economy reopening,

Never heard of “travel bubbles” or “air bridges”? Read on because what you learn just might save your summer vacation now that we are in the coronavirus era. With little clarity on when the pandemic might end, many Europeans have already given up on the idea of a summer getaway. But some countries, desperate to salvage this

Dr Greg Gulbransen performs a medical checkup on a 72-year-old man with Leukemia who is presumed to have the coronavirus disease (COVID-19) while at his pediatric practice in Oyster Bay, New York, U.S., April 13, 2020. Lucas Jackson | Reuters Dr. Rafael Guillen spends a lot of time on the phone these days. His practice

Canceled that flight to Cancun or that cruise out of Miami to the Caribbean? You’re not alone. In light of the Covid-19 pandemic and worries over health and safety, many Americans will opt to “staycation” this year and holiday at home or nearby. “We’re seeing a trend overall [that] people are booking trips closer to

Republican Gubernatorial-elect Ohio Attorney General Mike DeWine gives his victory speech after winning the Ohio gubernatorial race at the Ohio Republican Party’s election night party at the Sheraton Capitol Square on November 6, 2018 in Columbus, Ohio. Justin Merriman | Getty Images Ohio Republican Gov. Mike DeWine addressed the controversial debate on wearing masks Sunday,

Brazil is on course to become the country with the world’s second-highest number of coronavirus infections later on Friday, as President Jair Bolsonaro faces intensifying pressure for his handling of the epidemic. At present, the U.S. has recorded by far the highest number of Covid-19 infections worldwide, with 1.5 million reported cases and nearly 95,000

More than 5.2 million people in the world have contracted the coronavirus, which has spread to at least 188 countries and regions world-wide. The global death toll currently stands at 337,572, according to data compiled by Johns Hopkins University.  Brazil on Saturday briefly had the second-highest number of reported cases in the world — after the

A pack of Hydroxychloroquine Sulfate medication is held up on March 26. John Phillips | Getty Images Hospitalized Covid-19 patients treated with hydroxychloroquine, the malaria drug President Donald Trump says he’s taking to prevent the coronavirus, had a higher risk of death than those who didn’t take it, according to a study published Friday in The

Heidi Bess, Owner of Candlelight Cottages in Bolton New York, said customers are anxious to get out of their house after being housebound for months. Source: Heidi Bess Memorial Day is the unofficial start of summer but the water parks are dry, amusement parks are shuttered and national parks are only beginning to reopen. For

Forbici Modern Italian’s temporary outdoor dining tent in Tampa, Florida. Forbici Modern Italian There’s not usually a white 1,800-square-foot tent set up in the street outside Forbici Modern Italian in Tampa, Florida. Then again, few things are as they were before the coronavirus pandemic.  Tampa’s Snow Avenue embodies that new world, thanks to a pilot

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Friday, April 17, 2020, in Washington. Alex Brandon | AP It is “conceivable” that the U.S. could begin to roll out a coronavirus vaccine by December, the

Ford started resuming vehicle production in the U.S. on May 18, 2020 with new coronavirus safety protocols such as health assessments, personal protective equipment and facility modifications to increase social distancing. Ford It wasn’t a matter of if but when someone with Covid-19 would unknowingly enter an car factory as tens of thousands of autoworkers

A general view of the Centers for Disease Control and Prevention Edward R. Roybal campus in Atlanta, Georgia on April 23, 2020. Tami Chappell | AFP | Getty Images The Centers for Disease Control and Prevention’s latest coronavirus dashboard combines data on two different kinds of tests that experts say could be inflating key statistics

The collapse of two Michigan dams on Tuesday following heavy rainfall has triggered concerns over how precarious dam infrastructure in the U.S. is inadequate to handle severe weather.   Aging dams will increasingly fail as climate change makes extreme precipitation and storms more frequent and intense, scientists warn. “A lot of the country’s infrastructure systems were built

A health worker handles a blood sample on the first day of a free Covid-19 antibody testing event in Florida. Paul Hennessey | Barcroft Media | Getty Images U.S. officials and scientists are hopeful a vaccine to prevent Covid-19 will be ready in the first half of 2021 — 12 to 18 months since Chinese scientists first