Chinese residents line up to get a free protective mask at a local pharmacy on February 2, 2020 in Beijing, China. 7:55 am: China confirms 64 additional deaths and 3,235 new casesChina’s National Health Commission said there were an additional 64 deaths and 3,235 new confirmed cases, as of the end of Feb. . That brings the country’s total to 425 deaths and 20,438 confirmed cases, the government said. 6:43 am: China’s Hubei province confirms additional 64 deaths and 2,345 casesThe Hubei Provincia

U.S. West Texas Intermediate fell $1.42, or 2.8%, to trade at $50.13, its lowest level since Jan. 2019. Brent crude was down $2.17, or 3.8%, trading at $54.43 per barrel, its lowest level since Jan. 3, 2019. Iranian Oil Minister Bijan Zanganeh said the spread of the coronavirus had hit oil demand and called for an effort to stabilise oil prices. Zanganeh also said that Iran would agree to the bringing forward of OPEC’s next meeting meeting if the rest of the group agreed to production cuts. The

Gold fell 1% on Monday as the dollar firmed and investors opted for riskier assets after China took steps to relieve pressure on its economy from the impact of the coronavirus epidemic. Spot gold was down 0.9% at $1,576.76 per ounce after touching its highest since Jan. 8 earlier in the session. “China have been taking very strong measures to make sure this thing (coronavirus) is contained, that’s kind of helping market sentiment,” said Bart Melek, head of commodity strategies at TD Securities.

After rising to multi-week highs against the dollar last week in the face of the coronavirus scare, the yen and Swiss franc took a pause from their climb as markets cheered China’s efforts. Chinese markets took a beating in the first trading session after an extended Lunar New Year break. The dollar extended gains versus the yen after data showed the Institute for Supply Management’s U.S. manufacturing index rose in January. The Swiss franc also fell against the dollar, which climbed 0.3% to 0.9

A large part of the success of the company, which was founded in 2003, has been the work of chief brand officer Raissa Gerona. “It was quite difficult for me in the beginning when that happened to me to say, ‘OK, I failed at this and couldn’t make this work,'” Gerona tells CNBC Make It. When Gerona was ready to pick up the pieces of her career, she found a mentor in Revolve co-founder and co-CEO Michael Mente. Gerona and Mente ended up launching a new brand together, which Revolve eventually bou

However, about two-thirds of all full-time students receive aid, which can bring the sticker price significantly down. Net price: Your net price is a college’s tuition and fees minus grants, scholarships and education tax benefits, according to the College Board. When it comes to offering aid, private schools typically have more money to spend, Franek said. To that end, The Princeton Review ranked colleges by how much financial aid is awarded and how satisfied students are with their packages. T

CNBC’s Jim Cramer on Monday called The Trade Desk a “more enticing” play on the growing video streaming arena than Roku. “Roku and The Trade Desk are both high-flying momentum stocks that benefited enormously from cord-cutting, but because Roku’s more consumer facing, people reflexively buy this one as the true cord-cutting play,” the “Mad Money” host said. “And, at this point, I much prefer the less well-known Trade Desk, which has better financials and I think is a better story.” The way Crame

Zoom Video Communications CEO Eric Yuan told CNBC his phone was off the hook on Monday as the company’s stock popped double digits. Alphabet’s Google, Facebook, Apple, Microsoft and Ford Motor are a handful of companies that have instructed its China workforce to work remote, which helped spark more demand for Zoom Video stock. “If you cannot travel … you need to have a very reliable secure tool like Zoom,” Yuan said. Microsoft blamed the service disruption on an expired authentication certifi

Micron Technology: “I happen to like Micron. I think that it could still go down a little bit” on coronavirus fears. “I would buy some more at $49, but I’d hold on to what you have.” Avita Medical: “It’s spec,” but a lot of drug companies “need something that grows like this, so I’m going to bless it. Store Capital: “Not investing in these real estate trusts right now, although I’m doing a lot of work on Simon Property Group and, believe it or not, SPG looks like a big winner.”

The “Mad Money” host explained why there’s no money to be made in oil and gas stocks. Bernd Thissen | Getty ImagesCNBC’s on Monday said he is anticipating another market sell-off and that investors should refrain from putting more money to work in stocks. Let’s wait for a real dip, the kind we haven’t had yet, before we get more bullish on this market,” the “Mad Money” host said. Daniel Acker | Bloomberg | Getty ImagesCramer said his negativity toward oil stocks is not about environmentalism but

The coronavirus will likely grow into a pandemic, warned former U.S. Food and Drug Administration Commissioner Dr. Scott Gottlieb. But he says it’s not too late for officials to prevent the disease from becoming an epidemic in America. We will have outbreaks here in the United States,” Gottlieb told CNBC in a special “Outbreak” report. “Now, a small outbreak doesn’t need to become a large outbreak, a large outbreak doesn’t need to become an epidemic here in the United States. In the United State

The logos of Twitter, Facebook and Google SOPA Images | Getty ImagesThe U.K. should regulate internet platforms like Facebook and Google over their use of online targeting algorithms and force them to share data with researchers, an advisor to the government has said. Content-sharing apps like Facebook, YouTube, Twitter, Snapchat and TikTok all use machine learning algorithms to tailor content to users, based on other posts they’ve interacted with. It said that 61% of Britons want more regulator

Jim Cramer expects more bad coronavirus news, calls buying Friday’s sell-off a ‘mistake'”I don’t want you to jump the gun, people. Let’s wait for a real dip, the kind we haven’t yet, before we get more bullish on this market,” CNBC’s Jim Cramer says.

A CNBC search found dozens of tweets involving both riders and drivers reluctant to share a car with a person of Asian appearance. One member of a Facebook group with more than 12,000 Lyft and Uber drivers noted that at least 5 posts per day mention the virus. “Our priority is to keep our riders, drivers and employees safe, with as little disruption as possible. It also said it has a portal for public health authorities, and that it is in regular contact with these groups. Public health official

Alphabet told investors half the story by disclosing YouTube and cloud revenue numbers for the first time. However, unlike Amazon does with its cloud figures, Alphabet isn’t providing profitability numbers, limiting its operating income (or loss) reporting to Google and “Other Bets,” which includes the Waymo self-driving car unit, life sciences company Verily and the venture investment arms. A glimpse into profits is critical for investors looking to gauge how much Google is spending on sales an

Twenty/20The results of the Iowa caucuses were delayed on Monday, after the Iowa Democratic Party said that it was running “quality checks” on the data provided by precincts around the state. Three more ‘early states’The first stop after Iowa is New Hampshire, where the candidates will compete in the first-in-the-nation primary. California, the biggest prize of the Democratic primary, is 40% Latino. Three more debatesFebruary will be packed with three Democratic debate hosted in the remaining ea

Participants gather for their preferred democratic presidential candidate during the first-in-the-nation Iowa caucus at the Drake University Knapp Center arena in Des Moines, Iowa, U.S., on Monday, Feb. 3, 2020. Results from the first-in-the-nation Iowa caucuses were delayed Monday night as the state’s Democratic Party said a “reporting issue” caused “inconsistencies” in some data. ET, Iowa Democratic Party spokeswoman Mandy McClure said the party “found inconsistencies in the reporting of three

New York Mets’ Noah Syndergaard wins CNBC’s 2019 Stock DraftCNBC announces the 2019 Stock Draft Winner, Noah Syndergaard of the New York Mets. Syndergaard called in to the show to discuss the win.

Alphabet shares slide after announcing Q4 earningsAli Mogharabi, analyst at Morningstar, and Brent Thill, Jefferies analyst, join “Closing Bell” to talk about Alphabet’s Q4 earnings report.

Have you seen Tesla today?? The stock is up another 10%–and just crossed the $700 mark for the first time. Tesla is now worth more than all the “big three” automakers (GM, Ford, and Fiat Chrysler)–combined. We’ll have more on that on the show(s) today, plus the latest on coronavirus and its macro impact. Especially after the terrible Chicago PMI number the other day, that’s a bit of a relief.