In this Monday, Dec. 16, 2019, file photo, a Boeing worker walks in view of a 737 MAX jet in Renton, Wash. Teams looking in the fuel tanks of brand new Boeing 737 Max planes for foreign object debris will expand their inspections, sources familiar with the checks told CNBC on Friday. The expanded inspections are the result of teams finding debris in about two-thirds of the 737 Max models that have been checked, the sources told CNBC. The news, first reported by Dow Jones on Friday, is the latest

More than half of early voters, like Barajas Vasquez, were caucusing for the first time. No results will be released until at least Saturday, but Sanders organizers are bullish about the high-enthusiasm for early voting. In Nevada, where one in five Democratic voters in 2016 were Hispanic, the group skews young and has been growing, giving him an extra boost. Experts and activists have provided a variety of reasons for Sanders’s success with Latino voters, generally attributing it to a combinati

Why retail investors are betting on growthCNBC’s Kate Rooney and Gene Munster of Loup Ventures break down why retail investors are betting on growth stocks with the “Power Lunch” team.

Major averages snap 2-week winning streakCharlie Bobrinskoy, head of Ariel Investments; Alicia Levine, chief market strategist with BNY Mellon Investment Management; and Oliver Pursche, chief market strategist at Bruderman Asset Management, join ‘Closing Bell’ to discuss markets.

Prince Harry and Meghan, the Duchess of Sussex will not use their “Sussex Royal” brand “in any territory post spring 2020,” a spokeswoman for the royal couple has confirmed. The pair had intended to use it for their charity foundation, but will now be forced to change their brand name. “The Duke and Duchess of Sussex do not intend to use ‘SussexRoyal’ in any territory post Spring 2020. It was announced on Wednesday that the couple will officially begin their new lives away from the royal family

As of Wednesday, the S&P 500 traded at 19 times 12-month forward earnings, the highest the P/E level has been since May 23, 2002, according to FactSet calculations released Friday. Market valuations continue to get richer as the bull run nears its 11-year anniversary, with one measure at its highest point in nearly 18 years. The current P/E level has eclipsed the five-year (16.7), 10-year (14.9), 15-year (14.6) and 20-year (15.5) averages, FactSet reported. Nine of the 11 S&P 500 sectors have va

Harvey Weinstein walks to the courtroom in New York City criminal court on January 6, 2020 in New York City. The judge in the rape trial of fallen film mogul Harvey Weinstein told jurors Friday to continue their deliberations after they suggested they are hung on the most serious charges, of predatory sexual assault, in the case. Count 2 is criminal sexual act in the first degree, count 4 is rape in the first degree, and count 5 is rape in the third degree. The charges of first-degree criminal s

Warren Buffett Gerard Miller | CNBCHere are the most important things to know about Monday before you hit the door. Warren Buffett on the recordBerkshire Hathaway’s Warren Buffett will publish his much-awaited shareholder letter on Saturday, a tradition that dates back to 1977. Shake Shack set to reportFast food chain Shake Shack reports fourth quarter earnings after the bell on Monday. Shares of Shake Shack have rallied more than 25% so far in 2020, but dipped on Friday after being downgraded t

For Andrew Chanin, CEO of ProcureAM and the man behind the Procure Space ETF (UFO), there were three relatively clear drivers for Virgin Galactic’s monster move. That’s good for Chanin’s space ETF, of which Virgin Galactic is the No. “There’s a large belief that the next wave of growth for the space industry will be coming from broadband internet communication. “Morgan Stanley says $1.1 trillion by 2040. They believe it’s going to be from broadband internet,” he said, referring to some of Wall S

An uptick in coronavirus cases sent investors running away from stocks and loading up on bonds. China’s National Health Commission confirmed more than 800 new coronavirus cases in China. This spike in coronavirus cases dented market sentiment and led traders to plow money into bonds. Tech shares led the way lower for the broader market, with the so-called FAANG name — Facebook , Amazon , Apple , Netflix and Google-parent Alphabet — all closed 1.5% to 2.7% lower. Microsoft , meanwhile, was among

The Securities and Exchange Commission has launched an investigation into Altria’s investment in e-cigarette start-up Juul Labs, the Wall Street Journal reported on Friday. Regulators are examining whether the tobacco company sufficiently disclosed to shareholders the risks when it invested $12.8 billion for a 35% stake in Juul in 2018, sources told the Journal. Altria took a $4.1 billion impairment charge for its investment in Juul in January. Juul is being sued by multiple states for its role

Here are the top 3 moments from Power Lunch this week:It was a big week in politics. Mike Bloomberg released his plan to regulate the financial industry, and surged in the polls enough to qualify for the Democratic debate in Las Vegas. But Wall Street was hoping for a good show from Bloomberg. After all, many on the street would prefer him over some of his more progressive rivals like Bernie Sanders. Cowen’s Jaret Seiberg explained that markets could be underestimating that impact that a Preside

Democratic presidential hopeful Vermont Senator Bernie Sanders speaks during the ninth Democratic primary debate of the 2020 presidential campaign season co-hosted by NBC News, MSNBC, Noticias Telemundo and The Nevada Independent at the Paris Theater in Las Vegas, Nevada, on February 19, 2020. Mark Ralston | AFP | Getty ImagesU.S. officials told Sen. Bernie Sanders, a leading Democratic presidential candidate, that Russia is attempting to boost his campaign as part of its efforts to meddle in th

Thomas Peterffy, founder of online trading platform Interactive Brokers, told CNBC that the company had considered buying E-trade but decided to pass because it was a risky bet. “We had looked at E-trade,” Peterffy said Friday on “Closing Bell.” Interactive Brokers passed on the opportunity partially because it was too much of a risk, he said. The acquisition, however, “cleared the field” for Interactive Brokers, he added. “Interactive Brokers has always traditionally catered to professional tra

Thousands of DuPont employees are working around the clock to increase production of protective garments that are in high demand by first responders and medical workers in high-impact regions like Wuhan, China. The protective suits are used by health professionals during the outbreaks to reduce the risk of infection. Reports from China show workers running low on safety supplies including garments and masks. Of the protective suits DuPont makes, the most popular is the white Tyvek suit, which co

“If the situation remains as fluid … or if it remains dynamic, get ready for February to end with a nasty whimper and a bear full of bang.” The computer and printer company is estimated to report $14.6 billion in revenue and 54 cents of earnings per share. “HP wants to remain independent and a strong earnings report, and a concomitant rally, will help them do that,” Cramer said. EOG Resources releases its earnings report after the closing bell, but executives won’t host a shareholder call unti

“I want my company to be a model for women seeking opportunity and support in their careers,” Bloomberg said. One women, Sekkio Sakai Garrison, claimed that when she told Bloomberg that she was pregnant he quipped, “Kill it,” and then said, “Great! Number 16!,” referring to the number of women at the firm who were either also pregnant or on maternity leave. In Wednesday’s debate, when Warren had called on Bloomberg to release female employees from NDAs, he said, “we have a very few nondisclosure

The candles will be available sometime within the next week, McDonald’s told CNBC. The new “Quarter Pounder Fan Club” collection has “extremely limited” quantities of fresh items, which as of Friday included “Couples Quarter Pounder Mittens” for $25, an “I’d Rather Be Eating a Quarter Pounder” sticker for $8, a “Quarter Pounder Fan Club” pin for $10, a fan club T-shirt for $25 and a calendar for $25. The locket was sold out, and the candle pack was listed as “coming soon.” The new items were the

Tech billionaires, like former Google CEO Eric Schmidt, Facebook COO Sheryl Sandberg and late Microsoft co-founder Paul Allen, have called the richest town in America home – where the average household income is more than $500,000 a year. For the fourth year in a row, the suburb of Atherton, California topped Bloomberg’s annual Richest Places Index. “Being only 20 minutes away from Silicon Valley and 45 minutes to downtown San Francisco, [Atherton] is where many billionaires and C-Suite executiv

“[Gabrielle] is her own boss and has her own career, her own bank account and all that,” Wade told People. “Money doesn’t keep you connected,” Wade told People. “I make sure to let people know all of the hard work that’s gone into my career,” Union told Yahoo in 2015. In fact, before marrying Wade, Union was the one who insisted they get a prenup. What’s more, Union told “The Arsenio Hall Show” in 2014 that she has also never seen Wade balance a checkbook.