CNBC

A tiny village in South India celebrates Vice President Kamala Harris with firecrackers and prayers

As Kamala Harris made history on Wednesday when she was sworn in as the first female, Black and South Asian American vice president of the United States, a tiny village in India celebrated her ascensi...

China’s new Covid outbreak near Beijing still not close to a turning point, hospital director says

BEIJING – Beijing remains on alert for a resurgence of Covid-19 infections as the neighboring province of Hebei continues to report new cases every day.

17 states tell Supreme Court they support Texas bid to reverse Biden win

Seventeen states whose elections were won by President Donald Trump told the Supreme Court on Wednesday that they support Texas Attorney General Ken Paxton's bid to file a lawsuit that could effective...

Brexit talks reach critical point as UK says chances of deal are receding

The U.K. and European Union have reached a critical point in their Brexit negotiations, as the deadline for a trade deal nears but an agreement remains elusive.

Pfizer, BioNTech apply for Covid vaccine approval in Europe

U.S. pharmaceutical giant Pfizer and its German partner BioNTech said they have applied to the European Medicines Agency for the conditional marketing authorization of their coronavirus vaccine.

U.S. reports nearly 200,000 new coronavirus cases as more than 1,500 people die daily

The United States reported more than 195,500 new cases of the coronavirus on Friday, a record-high spike less than a week before Thanksgiving, which public health officials are warning could further e...

Investors should sell certain stocks including Apple into 2021, says Goldman

With 2020 quickly coming to an end, Goldman Sachs screened its stock coverage universe for names that investors should nix from their portfolios in 2021.

GOP governor, a Trump critic, calls for end to president’s ‘ridiculous challenges’ of Biden win

Republican Maryland Gov. Larry Hogan ripped President Donald Trump on Friday over his refusal to concede the election to President-elect Joe Biden, calling a delay in the transition “outrageous” and “...

Mnuchin says he and GOP leaders will discuss plan to pass targeted stimulus with Democrats’ help

Treasury Secretary Steven Mnuchin said Friday that he and senior GOP lawmakers will attempt to draft a targeted stimulus package with Democrats in the coming weeks.

CDC urges Americans against traveling for Thanksgiving as coronavirus outbreak worsens

The Centers for Disease Control and Prevention on Thursday advised Americans not to travel for the Thanksgiving holiday to help prevent the spread of the coronavirus.

WHO tells doctors not to use Gilead’s remdesivir as a coronavirus treatment, splitting with FDA

A World Health Organization panel advised doctors Thursday against using Gilead Sciences’ antiviral drug remdesivir as a treatment for patients hospitalized with Covid-19, saying there is currently “n...

Biden team belittles ‘spectacle’ of sweaty Trump lawyer Rudy Giuliani pushing vote fraud conspiracy claims

President-elect Joe Biden’s campaign on Thursday belittled President Donald Trump’s legal team for promoting “thoroughly discredited claims of voter fraud,” allegations that have failed to convince ju...

Chamber of Commerce CEO Tom Donohue urges Trump to not delay transition to Biden ‘a moment longer’

The CEO of the U.S. Chamber of Commerce, the powerful business lobbying group that long has backed Republican presidents, says President Donald Trump “should not delay the transition” to President-ele...

The share of long-term unemployment is rising: ‘There’s $0.68 in my bank account’

While news of vaccine developments show promise for hopes of containing Covid-19 in the next year, little has improved daily life for millions of Americans impacted by the economic fallout of the pand...

Trump strikes out in Arizona, Michigan, Pennsylvania ballot challenges, Biden’s lead more secure

President Donald Trump’s already long-shot efforts to reverse an apparent win for President-elect Joe Biden by challenging votes in courts suffered three big setbacks in Arizona, Michigan and Pennylva...

Unemployment claims are falling. But that’s not necessarily because people found work

Claims for unemployment benefits are falling. But it’s not all because people are returning to work.

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