If you’ve ever used a dating app, or know someone who has, chances are you’ve heard of the term “ghosting,” which refers to a person someone meets in real life but then never hears from again. But what about the people who amass matches but never message them, or those that endlessly swipe just to feel like they’re doing something about their single status? There are several new terms that experts are using to describe people’s behavior on swiping apps such as Tinder, Bumble and Happn. “Obliga-s

Europe’s Airbus is planning to ramp up production of its A320neo single-aisle jet, putting the squeeze on Boeing shortly after its U.S. rival registered its worst annual orders in decades. The U.S. aviation company has been embroiled in a crisis since its best-selling 737 Max airliner was grounded last March, following two deadly crashes. Earlier this week, Boeing reported zero plane orders for new airplanes in the month of January. In contrast, Airbus reported Thursday that deliveries of the A3

Greg Doherty | Getty ImagesWells Fargo has invested $5 million into U.K. start-up Elliptic, which helps banks manage the risks associated with being exposed to cryptocurrencies. The aim of Discovery is to give banks a sense of their exposure to crypto-assets through their customers’ transactions and identify whether there are any money laundering risks. The investment into Elliptic from Wells Fargo’s venture unit, Wells Fargo Strategic Capital, is an extension of the start-up’s $23 million Serie

ET to update the public on the coronavirus outbreak, which has killed more people than the 2003 SARS epidemic. As of Thursday, more than 60,000 cases of coronavirus have been reported in over two dozen countries, resulting in least 1,300 deaths almost exclusively in China. The number of new cases appeared to be stabilizing until Thursday, when a change in how China defines cases led to a spike in confirmed cases in Hubei province, the epicenter of the outbreak. -Bursztynsky7:02 am: Princess Crui

Tesla plans a $2 billion common stock offering, an announcement coming just two weeks after CEO Elon Musk said the electric carmaker would not take advantage of its surging stock price to raise more capital. Shares of Tesla fell as much as 6% in premarket trading and opened lower following the announcement. Musk himself will buy as much as $10 million of stock in the offering, while Tesla board member Larry Ellison will purchase up to $1 million. The company will offer 2.65 million Tesla shares

Futures point to lower open on renewed concerns about coronavirus impactU.S. stock index futures were lower Thursday morning as investors learn that China had started including clinically diagnosed cases of the coronavirus in its figures for confirmed case count, resulting in a surge of new cases. CNBC’s Rahel Solomon reports.

Amazon Chief Executive Jeff Bezos, the world’s wealthiest person, has purchased a Beverly Hills mansion known as the Warner Estate from media mogul David Geffen for $165 million, a source familiar with the deal said on Wednesday. Geffen purchased the Warner Estate in 1990 for $47.5 million, a then-record price for a Los Angeles-area home, according to the Journal. It was not immediately clear if the Amazon CEO plans to make the Warner Estate his primary home. The Wall Street Journal said Bezos p

Still, 401(k) and IRA millionaires are relatively rare: The number of retirement millionaires represents 1.6% of the 27.2 million IRA and 401(k) accounts managed by Fidelity. Thanks to record-breaking markets and more retirement savings, the number of 401(k) and IRA millionaires has reached a new record, according to Fidelity. Drill down into the results, and the situation is particularly difficult for baby boomers — the huge segment of society born between 1946 and 1964 who are now entering ret

U.S. government debt prices were higher Thursday morning, following a sharp rise in the reported number of new coronavirus deaths. ET, the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.5763%, while the yield on the 30-year Treasury bond was also lower at around 2.0449%. Market focus is largely attuned to China’s fast-spreading coronavirus, as investors continue to assess the potential economic fallout of the outbreak. China confirmed 15,152 new cases of t

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations after strong performances by its North American beverage and snack divisions. Organic revenue rose 4.3% during the quarter. Frito-Lay and Pepsi’s North American beverage unit both reported organic sales growth of 3%. Organic sales for Quaker Foods North America, which includes Aunt Jemima syrup and Life cereal, were unchanged from a year earlier. To drive organic sales, Pepsi has been spending more on

BY THE NUMBERSA surge in coronavirus cases and deaths is weighing on investor sentiment this morning, with a good chunk of Wednesday’s big gains likely to be erased at the Wall Street open. (CNBC) Treasury Department data shows the budget deficit for the first fourth months of fiscal 2020 at $389.2 billion. Redfin (RDFN) reported a smaller than expected loss for its fourth quarter, and the real estate website operator saw revenue come in ahead of estimates. Redfin also gave a current quarter rev

Bitcoin reached a near-term bottom in December and has been on a steady rise since then. We’re breaking above the $10,000 psychological level, and we’re of the opinion that positive momentum will continue to follow positive momentum. So that’s why we think in the short term we could see $12,000 on bitcoin,” O’Hara said. Mark Tepper, president of Strategic Wealth Partners, is dipping a toe into bitcoin but isn’t ready to jump all the way in. Bitcoin could fit into that alternative sleeve, but I s

Former New York Mayor Michael Bloomberg speaks during a press conference to discuss his Democratic presidential run on November 25, 2019, in Norfolk, Virginia. Mike Bloomberg has been paying a handful of social media influencers to post satirical memes about him for his Democratic presidential bid. The billionaire former mayor of New York was recently the subject of several memes uploaded to photo-sharing app Instagram. One Instagram account, run by meme aggregator Jerry Media, depicts Bloomberg

Global oil demand is now expected to see its first quarterly contraction in over a decade, according to the International Energy Agency (IEA), as the new coronavirus and widespread shutdown of China’s economy hits demand for crude. The negative impact on oil demand hit oil prices hard as the virus took hold in January with a barrel of Brent crude falling by around $10 to fetch below $55 a barrel. The consequences of the new coronavirus, known now as “Covid-19,” will be “significant” for global o

REUTERS/Denis BalibouseSajid Javid has resigned as the head of the U.K.’s finance ministry, surprising financial markets and political pundits in the country. He has served as finance minister (known as the Chancellor of the Exchequer in the U.K.) since July, when Boris Johnson was first appointed prime minister. Javid was due to present Britain’s budget in March, the U.K.’s first after its departure from the EU last month. Media reports suggest that Javid was offered the chance to remain financ

U.S. stock index futures are pointing to a lower open on Wall Street Thursday as investors continue to worry about the spread of the coronavirus and look ahead to a slew of earnings. At around 1.45 E.T., Dow futures were down 115 points and indicated an implied negative open of more than 96 points, while futures on the S&P 500 and Nasdaq were also lower. Figures published on Wednesday showed the nationwide death toll in the country from the coronavirus outbreak topped 1,100 as of Tuesday night.

An Airbus A220 passenger jet stands in the final assembly line in Mirabel near Montreal, Quebec, Canada on January 14, 2019. Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year. Full-year adjusted operating income rose 19% to 6.946 billion euros and should top 7.5 billion euros in 2020, Airbus said. Revenue increa

An Airbus A220 passenger jet stands in the final assembly line in Mirabel near Montreal, Quebec, Canada on January 14, 2019. European planemaker Airbus has reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier in the A220 passenger jet program, it said on Thursday. The deal signals Bombardier’s exit from commercial aviation by transferring its remaining interest in Airbus Canada to the main parent Airbus SE company and the government of the Canadian state of Queb

A cruise ship which had spent two weeks at sea after being turned away by five countries over fears that someone aboard may have the coronavirus arrived in Cambodia on Thursday to the relief of passengers and the praise of global health officials. “We’ve had so many near moments we thought we were going home only to be turned away,” Angela Jones, an American tourist on board the ship, told Reuters. Passengers on board the ship have been subjected to regular health checks throughout the troubled

Cars wait for shipping overseas at Lianyungang Port on February 14, 2019 in Lianyungang, Jiangsu Province of China. Auto sales in China are likely to have fallen 18% in January, their 19th consecutive month of decline, an industry body said as the outbreak of the new coronavirus began to hit the industry. Sales of new energy vehicles (NEVs) plunged 54.4%, down for a seventh month in a row, preliminary data from China Association of Automobile Manufacturers (CAAM) showed. Those operating plants o