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Before the crisis, the IEA was expecting global energy investment to increase by 2% now it expects a decline of 20% compared to last year.
Ackman's sale of his $1 billion stake is surprising as he boosted his Berkshire holdings by more than a third in the first quarter.
To the extent that investors are driving up stocks to reflect tech's bright prospects, the market "doesn't seem wrong to me," Ackman said.
The European Commission proposed on Wednesday a $826 billion stimulus package intended to aid recovery from the ongoing recession.
This is what traders are talking about.
Cruise companies were among the hardest hit by the pandemic, as infamous vessel outbreaks led analysts to fear a prolonged downturn for the sector.
Fresh risk-on attitude and the Fed's lending efforts can drive a strong rally as long as a second wave of COVID cases is avoided, Siegel said.
Trump warned Hong Kong was at risk of losing its status as a global financial centre if China's proposed national security law goes ahead as planned.
The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.
"The government has been pretty responsive, large companies have the wherewithal, hopefully we're keeping the small ones alive," said Dimon.
American, Delta, Southwest, and United soared more than 12% on Tuesday, and surged more than 7% in pre-market trading on Wednesday.
Ford worked with Ohio State and police departments to develop the tech. Ford has a longstanding relationship with law enforcement.
We picked our favorite original series you might have overlooked on the streaming platform, including "Maniac," "On My Block," and more.
Google and Apple released their "exposure notification" API in May, and said 22 health authorities around the world have asked permission to use it.
ByteDance pulled in $17 billion in revenue in 2019, more than double what it made in 2018.
"I'm the chief engineer so I'd just like to say that if it goes right, it's a credit to the SpaceX-NASA team. If it goes wrong, it's my fault."
In order to determine the best tax software, we reviewed offerings from about a dozen online tax preparers like TurboTax, H&R Block, and TaxAct.
"No reasonable person can assert today that Hong Kong maintains a high degree of autonomy from China, given facts on the ground," Pompeo said.
You can watch HBO live on Amazon if you have an Amazon Prime membership and a HBO subscription add-on. Here's how to do it.
The company described the layoffs as "the first," with more expected later in the year.
China wants to pass a new security law that could further punish protesters and intensify Chinese actions like tracking, torture, and detainment.
The video-conferencing software Zoom is everywhere these days. Here are ten tips for how to use it like a pro.
Jobless data showed last week that about 39 million people in total have filed for unemployment in the last nine weeks of the pandemic.
The "Chunky Dunky" sneakers, though a hit, were divisive in the sneaker community, especially among long-standing fans of the classic Nike silhouette.
The coronavirus has one main mode of transmission: respiratory droplets. But live virus has been found in poop and semen, too.
Over the first 100 trading days of 2020, a trader that bought the close and sold the open would be down 19.7%.
Yield-curve control allows central banks to target certain long-term interest rates through the limitless buying and selling of bonds.
"We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.
Several users took to Twitter with complaints that their account values moved out-of-step with underlying investments.
The president has been pushing a debunked rumor theory that the "Morning Joe" co-host was involved in the 2001 death of his congressional aide.
This week in Trending, we look at the latest round of problems involving social media companies as well as the debate over the Silicon Valley exodus.
Members of Parliament in the UK are concerned that plummeting ATM usage due to the pandemic may put its cash infrastructure in danger of collapse.
Reade served as an expert witness in domestic violence cases in California, for a decade, but cases where she testified are now under scrutiny.
The average savings account interest rate is .06 — but opting for a high-yield savings account instead is an easy way to earn more than that.
Twitter trumps Trump. Zuckerberg embraces difference. YouTube defends China.
Ray Dalio who founded Bridgewater Associates, made a whopping $2 billion last year according to the Institutional Investor's Annual Rich list.
The CDC says the results of these antibody tests shouldn't be used to make important decisions about re-opening.
The owner of Backwater Jack's bar at Lake of the Ozarks responded to criticism of his pool party, saying social distancing isn't enforceable.
A delay in changing soiled residents led to a "skin breakdown," and others were found not to have been bathed for several weeks.
From cheaper cars and houses to cleaner air and better financial decisions, there are some glimmers of hope amid the gloom.
I currently own two Toyota hybrids and have been very satisfied with their combination of value, performance, reliability, and fuel-economy.
Trump has long made unsubstantiated claims that social media platforms are biased against and "silence" conservative users.
The multimillionaire faced charges in the sex trafficking of teenage girls. He died by apparent suicide in the Metropolitan Correctional Center.
Red flags include poor ventilation, waiters not wearing masks, and restaurants not allowing customers to make reservations.
HBO just added a ton of new stuff to its streaming app, but Roku and Fire TV users are unable to access any of it until the companies strike deals.
HBO Max, HBO Go, and HBO Now all offer access to HBO's lineup of movies and TV shows, but there are some key differences. Here's how they stack up.
If you have HBO Go or HBO Now, it just turned into HBO Max — a new service that costs the same price and comes with much, much more stuff to watch.
Like his press secretary, Trump also votes by mail in Florida, despite his false claims about fraud.
China is expected to pass controversial national security laws for Hong Kong on Thursday, prompting renewed protests in the city.
Made In's premium cookware is the perfect solution for amateur cooks who want to take their cooking to the next level without overspending.
The Moto G Power does everything anyone would ever want in a smartphone except play power-hungry games, and it has incredible battery life.
If you have just joined Peloton: here are some of the best classes to take, according to its longtime users.
HBO Max isn't available for many of its potential users on launch day, and people are already voicing their concerns on social media.
HBO Max will include plenty of DC content, including big-budget originals and the "Justice League" Snyder Cut.
SpaceX's first mission with people will be piloted by NASA astronauts Bob Behnken and Doug "Chunky" Hurley aboard the company's Crew Dragon spaceship.
Zoox hinted it's had interest from multiple buyers.
The researchers said masks helped hamsters stay coronavirus-free, though they didn't wear them on their faces. But other researchers have questions.
Tear gas — also known as CS gas — is considered a chemical weapon and is banned in warfare by most countries, including the US.
"I don't know the potty answer to the potty question," SpaceX's vice president of mission assurance said, providing no details about the commode.
As state and local economies begin to reopen, Americans will be putting their newfound spending habits to the test.
You can watch HBO live on Hulu as long as you're subscribed to Hulu and have added an HBO subscription to your membership. Here's how to do it.
HBO Max is available now with a price tag of $14.99 a month for more than 10,000 hours of original and licensed content.
Mike Markkula, Apple's third employee and second CEO, is selling the largest landholding in California's Carmel Valley.
On the heels of back-to-back Grand Slam wins and on the cusp of playing in the Olympics, Naomi Osaka landed several lucrative endorsement deals.
The confusing and misleading parts of their fact-check show the difficulty that accompanies social media platforms acting as fact-checkers, too.
Macy's said earlier this month that it expects to take a $1 billion loss during the most recent quarter because of lockdowns.
The intertwined stories of Hertz and Advantage reveal how dozens of financial and strategic blunders sank both firms into massive debt.
The notice came several days before Hertz, saddled with a debt of $19 billion, declared bankruptcy on May 22.
It is the first CDC update in six weeks, in which time the number of US healthcare workers infected with COVID-19 has increased sevenfold.
A lack of stricter job-preservation policies and expanded unemployment benefits will prolong the US's labor-market recovery, Goldman economists said.
Amazon is planning a "Summer Sale" that would enable merchants to sell extra inventory they may have accumulated during the coronavirus pandemic.
Costs are lower, the company is superb, and the sweeping San Francisco Bay is their backyard. The shelter-in-place life hits different on a houseboat.
Johnson is set for more intense scrutiny when he faces Parliament's most senior committee on Wednesday afternoon.
The flight from Düsseldorf, Germany, to Sardinia, Italy, made it all the way to its destination before it had to turn around.
Stocks got a boost in midday trading when chipmaker Micron issued a quarterly sales forecast that beat estimates.
The falling rate of weekly claims suggest the US is "well beyond the peak of inflows into unemployment," said Deutsche Bank economist Justin Weidner.
All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.
All three analysts see Apple stock gaining further this year, moving past the impact of the coronavirus pandemic on the tech giant.
In the past, emergency savings were there to cover unexpected expenses. In the age of COVID-19, though, we need our emergency savings to survive.
The Instant Pot makes pressure cooking fast and easy. Here's a step-by-step guide to getting started, plus tips for faster cooking, recipes, and more.
The EGO cordless string trimmer I use comes with an interchangeable battery, and does a great job weeding and edging my lawn. Here's what it's like.
Business Insider Intelligence examines the current trajectory of BOPIS and BORIS and provides strategies retailers can use to implement them.
Google will start letting restaurants specify a preferred online ordering method in Google Maps listings as eateries grapple with delivery app fees.
You're probably not using Google Maps to its full potential. Did you know it can keep track of where you parked?
Exercise balls are great for many types of home workouts and even work for use at your desk for active seating. Here are our favorite exercise balls.
These are the 25 spring wardrobe pieces that the women of Insider Reviews swear by— from breezy white tees to splurge-worthy leather jackets for...
Senators Loeffler, Inhofe, and Feinstein sold stock earlier this year — but said the move was made by money managers without their direct...
"We will strongly regulate, or close them down, before we can ever allow this to happen," Trump tweeted early Wednesday.
I break down why I think the Burst's subscription-based toothbrush is a better value than my Sonicare, plus what to consider before ordering.
Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.
Tuesday Morning, which sells off-price home furnishings and decor, is planning to close at least 132 stores across the US this summer.
Instagram will reportedly share with creators 55% of the ad revenue they generate — the same amount YouTube offers with its ad revenue-sharing...
Twitter Head of Site Integrity previously tweeted that Trump a "racist tangerine" and decried "ACTUAL NAZIS IN THE WHITE HOUSE."
The Dodge Grand Caravan tops the list of the most-unsold car with 66.3% of its inventory still in stock.
On Mother's Day, Trump came close to breaking his all-time record for tweets in a day. Clocking in at 126, it was his third largest tweet storm.
In an interview on CNN, Dr. Fauci said a second wave "could happen, but it is not inevitable." He said increased testing has made him more optimistic.
Khloe Kardashian photographed the 6-bedroom, 7-bathroom Southern California home herself, using only her iPhone.
NASA has estimated a 1-in-276 chance that the astronauts on the SpaceX rocket could die during the company's first crewed mission.
Stormy weather can endanger the Crew Dragon spacecraft and the astronauts onboard. Forecasts previously showed a 50% chance of unsafe conditions.
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