American Dream mega mall and entertainment complex in East Rutherford, New Jersey After more than 17 years, it finally opened on October 25, 2019. Then came the coronoavirus pandemic. Timothy A. Clary | AFP | Getty Images According to a report in the Financial Times, lenders supporting New Jersey’s mega-mall American Dream are on the…

Caroline Wanga on stage at the Cannes Lions 2019 in Cannes, France. Richard Bord | Getty Images Entertainment | Getty Images Program Note: The CNBC @ Work Summit will take place this fall on October 13th. Facebook CIO Atish Banerjea, COO / CTO of Bank of America, Cathy Bessant, Sandeep Mathrani, CEO of WeWork, and…

valentinrussanov | E + | Getty Images Many Americans are thinking of traveling again. And who can blame them? After all, it was more than a year in which the infection rates of coronaviruses fluctuated, the locks were repeatedly restricted and the quarantine was simply tired. While Covid-19 vaccination efforts are gaining momentum across the…

Here are the top news, trends, and analysis that investors need to get their trading day started: 1. Stock futures fall after the Dow record when yields rise Traders on the floor of the New York Stock Exchange. Source: NYSE 2. The yield on 10-year government bonds hits a new 14-month high The yield on…

Crew members and travelers of Singapore Airlines in the transit hall of Changi Airport in Singapore on January 14, 2021. Facebook Facebook Logo Log in to Facebook to connect with Roslan Rahman AFP | Getty Images When the EU announced its plans for a “digital green certificate” this month, the tourism industry breathed a sigh…

The double mutation of a Covid-19 variant discovered in India is extremely worrying – and, according to Dr. Kavita Patel, a non-resident Brookings Institution scholar, spread to other countries. “It’s something that should be watched very closely and that won’t be limited to India. It’s something that we will likely see around the world, as…

The weakness seen in banks and cyclical stocks on Monday will be short-lived and investors should buy them right now, CNBC’s Jim Cramer said. “If you look at the stocks that hit today, I don’t think they’re going to stay down,” said the Mad Money host, noting the “counter-trend rally” on behalf of Monday’s stay-at-home…

Volkswagen ID Buzz vehicle. Aeva Volkswagen inadvertently posted a press release on its website a month earlier Monday, announcing a new name for its US business, Voltwagen of America, highlighting the German automaker’s efforts to promote electric vehicles. A company spokesman declined to comment on the release, which was dated April 29 and has since…

Concern for New York’s future continues as state lawmakers consider drastic measures that could hinder the city’s recovery from the Covid-19 pandemic. New York Governor Andrew Cuomo proposed in January that taxes be increased for the rich and that state-level spending on Medicaid and schools be cut. Conservatives argue that higher taxes could cause wealthy…

The US faces “impending doom” as daily Covid-19 cases rise again and threaten to send more people to hospital, despite vaccinations accelerating nationwide, the head of the US Centers for Control and Prevention said of diseases on Monday. “When I started at CDC about two months ago, I made a promise to you: I would…