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Posts From CNBC

‘Scary,’ ‘visceral,’ ‘unprecedented’: Traders describe oil’s wild week and fall to negative prices

Traders recount a historic week in the oil market that saw prices dip into negative territory for the first time ever, and where they see prices headed.

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Discover card CEO details shocking drop in consumer spending with travel category down 99%

Credit card company Discover Financial Services offered a grim snapshot of just how much wary Americans have restricted their spending.

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US says hedge funds, private equity are not eligible for small business relief loans

The move comes after reports that hedge funds had applied for the initial round of the government’s Paycheck Protection Program.

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US consumer sentiment falls for a third consecutive month

U.S. consumer sentiment fell for a third straight month as people weigh the coronavirus pandemic and the possibility of an economic re-opening.

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‘Filthy bloody business:’ Poachers kill more animals as coronavirus crushes tourism to Africa

As the coronavirus pandemic halts tourism to Africa, poachers are encroaching on land and killing rhinos in travel hot spots now devoid of visitors and safari guides.

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Some gig workers are getting $0 in unemployment benefits

Gig workers and other self-employed individuals are trying to make sense of yet another wrinkle in a roundabout process to collect unemployment benefits.

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Stocks making the biggest moves in the premarket: American Express, Verizon, Intel, Tesla & more

The stocks making the biggest moves in premarket trading include American Express, Verizon, Intel, Tesla, and more.

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‘Big Short’ Steve Eisman likes the big US banks after coronavirus sell-off

“I actually think long-term the best cyclical play out there are the very large banks,” said Steve Eisman, senior portfolio manager at Neuberger Berman.

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Stocks making the biggest moves after hours: Alphabet, E-Trade, People’s United Financial and more

Check out the companies making headlines after the bell.

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US stock futures are flat after Wall Street’s roller-coaster session

U.S. stock futures were flat on Thursday night as investors continued to weigh the prospects of a potential coronavirus treatment.

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