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Surgeon opposes relaxing of Covid restrictions: ‘We haven’t even come down below the surge last summer’

States are easing social distancing rules but it's "too soon" to roll back Covid restrictions, Dr. Atul Gawande warned on CNBC's "The News with Shepard Smith." "We are currently at levels of cases that are still above the highest level of our last surge, so...

Asia-Pacific stocks rise following overnight gains on Wall Street; RBA rate decision ahead

Asia-Pacific stocks rise following overnight gains on Wall Street; RBA rate decision ahead
SINGAPORE — Stocks in Asia-Pacific traded higher on Tuesday morning following strong gains overnight for shares on Wall Street. South Korea's Kospi jumped 1.82%, following its return from a Monday holiday. Shares in mainland China also rose in morning trade, with the Shanghai composite up 0.22%...

The value trade is running ‘way too far and way too fast’ for this stage of the reopening, PNC strategist says

The value trade is running 'way too far and way too fast' for this stage of the reopening, PNC strategist says
The major indexes may be kicking off the month in rally mode, but PNC Financial's Amanda Agati sees trouble under the hood. She believes the rotation into economically sensitive market groups from stay-at-home plays is overdone. "The value side of the equation — that 'go outside'...

Elizabeth Warren, Bernie Sanders propose 3% wealth tax on billionaires

Elizabeth Warren, Bernie Sanders propose 3% wealth tax on billionaires
Sen. Elizabeth Warren, D-Mass., holds a news conference to announce legislation that would tax the net worth of America's wealthiest individuals at the U.S. Capitol on Mar. 1, 2021 in Washington. Chip Somodevilla | Getty Images A slew of Democrats on Capitol Hill — including progressives...

Stocks making the biggest moves after the bell: Zoom, Roku, Novavax & more

Stocks making the biggest moves after the bell: Zoom, Roku, Novavax & more
A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell on Monday: Zoom Video – Shares of the video communications company popped 8.5% on the back...

Nike’s North American head Ann Hebert renews24nations after report reveals ties to a sneaker resale biz

Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Nike said Monday that the vice president and general manager of its North America division, Ann Hebert, has left the...

White House rebuffs pressure to punish Saudi crown prince over Khashoggi murder

White House rebuffs pressure to punish Saudi crown prince over Khashoggi murder
The White House is holding firm on its decision not to punish Saudi Crown Prince Mohammed bin Salman over the murder of journalist Jamal Khashoggi, even as some critics accuse President Joe Biden of failing a crucial test of leadership. "Our national security team believes...

It’s time for Biden’s financial regulators to face the Senate spotlight

It's time for Biden's financial regulators to face the Senate spotlight
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The confirmation hearings for President Joe Biden's choices to run the Securities and...

Fed policy changes could be coming in response to bond market turmoil, economists say

Fed policy changes could be coming in response to bond market turmoil, economists say
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon...