Global Economy

Trump coronavirus diagnosis changes dynamic of stimulus talks, Nancy Pelosi says

U.S. House Speaker Nancy Pelosi (D-CA) speaks during her weekly news conference on Capitol Hill in Washington, August 13, 2020. Sarah Silbiger | Reuters House Speaker Nancy Pelosi said Friday that President Donald Trump‘s coronavirus diagnosis could change the shape of talks toward an evasive stimulus deal. “This kind of changes the dynamic because here [Republicans] […]

Small Business

Cramer says he’s closing his restaurants, hopes to reopen ‘when we get a vaccine’ for coronavirus

CNBC’s Jim Cramer said Friday that he will soon be shuttering his New York restaurants due to the coronavirus pandemic but hopes to restart business when the public-health crisis improves. “I’m closing my restaurants and I’m closing them in 10 days,” Cramer said on “Squawk on the Street.” “I’m mothballing them. When we get a vaccine, […]

Investment

Cramer downplays market drop on Trump’s coronavirus, says investors should ready a buy list

CNBC’s Jim Cramer on Friday downplayed the stock market decline on President Donald Trump testing positive for the coronavirus, suggesting investors may want to consider buying on pullbacks. “I’m not saying this is much to do about nothing,” Cramer said on “Squawk Box.” “I am saying that people should have a buy list ready.” Stock futures were sharply […]

Technology

Tesla delivered 139,300 vehicles in Q3

Tesla said Friday it delivered 139,300 vehicles in the third quarter, and produced 145,036 vehicles. As of Wednesday, analysts expected Tesla to report deliveries of 137,000 vehicles over the last three months, according to a consensus of analysts surveyed by FactSet. Their estimates ranged from 123,000 at the low end to 147,000 at the high […]