European markets continued their negative trend Wednesday with the coronavirus outbreak continuing to weigh on global investor sentiment. The spread of the coronavirus continues to rattle global markets; overnight, Australia led the losses among major Asia Pacific markets as investors withdrew amid concerns over the outbreak. China, the epicenter of the outbreak, reported 406 new confirmed cases and an additional 52 deaths as of Feb. 25. Meanwhile, South Korea, where there is the second largest

You may never have heard of Nerio Alessandri, but you may well have used the gym equipment he designed. Alessandri is the founder of Technogym, one of the most popular gym equipment brands in the world, with 50 million users globally across 100 countries. The business is now worth around €2.2 billion ($2.4 billion) and since it went public on the Milan Stock Exchange in May 2016 has seen its share price increase by 156%. He maintained a steady cashflow by getting customers to pay half of the equ

The Malaysian ringgit could weaken further as the country grapples with a host of issues ranging from this week’s political upheaval to the coronavirus outbreak that’s spreading beyond China. Commenting on the outlook for the Malaysian ringgit, Ambrose said: “I don’t know how much weaker it can go. Since the start of the week, the Malaysian ringgit has weakened significantly against the greenback, last trading at 4.235 per dollar after seeing levels below 4.17 last week. Malaysia’s central bank,

U.S. government debt prices were lower Wednesday morning after yields hit record lows amid fears that the new coronavirus outbreak is becoming a pandemic. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.3471%, while the yield on the 30-year Treasury bond was also up at 1.8267%. The 10-year yield fell to a record low on Tuesday as concerns about the global economic impact of the coronavirus sent investors running for safety, as evidence

It was ranked first place in Glassdoor’s study, with the median salary for jobs posted there coming in at £30,139 ($39,086). The median salary in the U.K. was £30,420 in 2019, according to the country’s Office for National Statistics. Analysts also noted that Crossrail — a new transport line connecting the town to London — would be opening in 2021. In second place was the city of Cambridge, which offered a slightly higher median salary of £31,941, while Gloucester, where workers took home averag

He said the Chinese telecommunications equipment maker would be willing to license its 5G technology exclusively to an American firm so that the U.S. could create a rival that would be able to compete in the next-generation mobile networks. Washington maintains that Huawei’s equipment could be used by China to carry out espionage, a claim Huawei has denied. The Huawei USA Twitter account, responding on Tuesday to a CNBC opinion column, reiterated the idea of licensing its tech to an American fir

The Philippines on Wednesday said they have barred travelers from South Korea’s North Gyeongsang province from entering its country, while Vietnam also said it has banned tourists from virus-hit areas of South Korea, according to Reuters reports. On Tuesday, Singapore said it would ban all visitors who have recently traveled to Daegu, a city in South Korea where many cases have been reported. “Since January 2020, Hong Kong has come under the threat posed by the novel coronavirus outbreak, which

Shares in Asia declined in Wednesday morning trade after stocks on Wall Street plunged for a second day — as investors scrambled for safety amid concerns over the coronavirus outbreak beyond China. The Nikkei 225 slipped 1.07% in early trade after dropping more than 3% on Tuesday. Investors will continue watching for updates on the coronavirus outbreak that is spreading outside of China, with a top U.S. health official warning Tuesday it will likely become a global pandemic. There has been a rec

Discover it Student Cash Back reviewHow to qualify for the Discover it Student Cash BackRewardsAdditional benefitsFeesBottom lineDiscover it® Student Cash Back Apply Now Rewards 5% cash back in different categories (gas stations, grocery stores, restaurants, Amazon and more) each quarter, up to the quarterly maximum each time you activate. Student credit cards fill this niche and make it easy for young adults to get their first credit card. When you’re approved for a student credit card, your fi

Below, CNBC Select rounds up the best credit cards for home improvements so you can earn rewards while remodeling your home (and potentially raising the resale value) — no matter what kind of project you have planned. Though store cards can have their drawbacks, such as low credit limits and high interest rates, homeowners who find themselves visiting home improvement stores often may want to take advantage of the benefits offered the Lowe’s Advantage Credit Card. The Lowe’s credit card offers a

She began offering her illustration services for custom logos and wedding products on her Etsy shop called Miss Design Berry. Miss Design Berry sells products ranging in price from $30 to $900. She soon realized she wanted to leave her job as a designer at a pharmaceutical advertising agency to run Miss Design Berry full time. Miss Design Berry wedding guestbook alternative product. Every year since, Miss Design Berry has had sales growth, thanks in part the company’s ability to adapt and offer

If you’ve paid attention to the stock market recently, you’ve likely seen that Tesla stock is in high demand. Spaceflight company Virgin Galactic is also blasting off, as the stock’s price has tripled over the past three months. For example, already this month, Tesla stock tumbled 17% in one day while Virgin Galactic fell more than 8%. If you’re drawn to investing in space companies like Virgin Galactic, for instance, the Procure Space ETF could be of interest. SmileDirectClubIPO price: $23Total

The rise of sourdough breadFor the last few decades, modern diets have slammed fresh bread. According to Nielsen, total bread sales in the United States have been stagnant since 2015, showing little to no growth leading up to 2020. But bread is making a comeback, specifically sourdough bread. A study conducted by Grand View Research saw the market value of sourdough jump from $298.7 million in 2014 to $2.4 billion in 2018. Sales of sourdough bread grew 11.6 percent from 2015 to 2019, to over $32

Rob and Reshawn Lee have always wanted to travel. “We just thought we will never have enough time to see all the places we want to see,” Reshawn Lee said. So the couple came up with a plan: Pay off their mortgage, quit their jobs, and then travel and start their own business. Freeing up the more than $2,600 they paid each month on the mortgage would give them the cushion they needed to chase their dreams. In June 2018, the couple paid off that mortgage balance and then spent all of 2019 travelin

Thomas Fricke | Getty ImagesThere’s aggressive tax planning — and then there’s claiming tax breaks for bodybuilding oils and landscaping. The 2018 tax overhaul has made it harder for filers to claim itemized deductions. The legislation also eliminated a grab-bag of obscure tax breaks, known as miscellaneous itemized deductions. In the most extreme cases, the matter may wind up before the U.S. Tax Court, where battles with the IRS can take years after the audit and appeals processes. Here are fiv

The slowdown still isn’t fully baked in these stocks, Jim Cramer says”If the virus strikes here in a big way, then I think we’ll end up having a lot more downside,” the “Mad Money” host says.

Disney’s Bob Iger: I want to spend more time on creativeDisney Executive Chairman Bob Iger and Bob Chapek, who will replace him as CEO, discuss Iger’s decision to focus on creative and give over the operation of the day-to-day business to Chapek. With CNBC’s Julia Boorstin and Brian Sullivan, Chantico Global CEO Gina Sanchez, and the Fast Money traders, Tim Seymour, Dan Nathan and Guy Adami.

Salesforce’s Marc Benioff talks Q4 earnings, Keith Block’s departureSalesforce CEO Marc Benioff breaks down the company’s quarterly earnings report and weighs in on Keith Block’s departure as co-CEO in a “Mad Money” interview with Jim Cramer.

CNBC’s Jim Cramer on Tuesday suggested investors hold tight because the slide on Wall Street may not be over. “Given that the averages hit record levels last week and the froth was as thick as I’ve seen it in ages, I think the slowdown still isn’t [fully baked] in these stocks,” the “Mad Money” host said. The Dow Jones Industrial Average plummeted almost 880 points, or 3.15%, one day after the 30-stock index dropped more than 1,030 points. The broader S&P 500 shed about 98 points, or 3%, and the

CNBC’s Jim Cramer said Tuesday that there are ominous signs in the trajectories of Caterpillar and Intel stock. “This market’s been put through the meatgrinder, but the charts of Intel and Caterpillar, as interpreted by Tim Collins, suggest that some major stocks could still have a lot more downside,” Cramer said. Caterpillar shares have traded more than 12% in the red thus far in 2020. In the event that Caterpillar shares does not rise above that level by Friday’s close, the stock action will f