U.S. government debt prices were lower Tuesday morning, following a rally for fixed income assets amid intensifying concerns over the Chinese coronavirus. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.6149%, while the yield on the 30-year Treasury bond was also higher at around 2.0621%. Chinese authorities confirmed Tuesday that were now more than 4,500 confirmed cases of coronavirus, with 106 deaths. Germany, Cambodia and Sri Lanka all reportedl

U.S. stock index futures were higher on Tuesday morning after the Dow posted its worst trading day in about three months. ET, Dow futures were up by 179 points, indicating a positive open of more than 171 points. In this context, U.S. equities dropped on Monday, with the Dow falling by 1.6%, its biggest one-day drop since October. Shares of travel companies and consumer goods firms exposed to China were some of the biggest losers. On the data front, durable goods are set to be out at 8:30 a.m.

Economies in Asia will have to brace for a tough year ahead as China deals with an outbreak, analysts and officials warned as travel restrictions hit. Consequently the vulnerability of many Asia-Pacific economies to a slowdown in Chinese tourism visits has increased significantly over the past two decades,” said Biswas in a note on Tuesday. Thailand, Japan and Vietnam are among the economies that will be hit by the new Chinese travel restrictions and sharp near-term slowdown in Chinese tourist v

Stocks in Asia declined in Tuesday morning trade after the Dow Jones Industrial Average plunged overnight amid fears about the ongoing coronavirus outbreak continues to grip investors. South Korea’s Kospi dropped 2.4% as shares of industry heavyweight Samsung Electronics plunged almost 3%. In Japan, the Nikkei 225 shed 0.81% in early trade as shares of index heavyweight and robot maker Fanuc dropped 1.6%. The Topix index also slipped 0.92%. Overall, the MSCI Asia ex-Japan index traded 0.7% lower

Wendy’s national breakfast menu will include a Honey Butter Chicken Biscuit and Maple Bacon Chicken Croissant. The menu penetration of fried chicken breakfast sandwiches has surged 257% over the last four years, according to Datassential’s recent report on breakfast. It is testing a Crispy Chicken Sandwich in Knoxville, Tennessee, and Houston that closely resembles Chick-fil-A’s signature chicken sandwich. Popeyes Louisiana Kitchen, owned by Restaurant Brands International, found success with it

The Kansas City Chiefs will take on the San Francisco 49ers during Super Bowl LIV on Feb. 2 in Miami. Super Bowl LIV ticket cost: $4,220 to $60,000The price of tickets to Super Bowl LIV vary, depending on the size of your group and which seats you’d like to watch the game from. Miami is getting ready for the Super Bowl as thousands of tourists descend on the state to celebrate the biggest sporting event of the year. A 3-star hotel in the Miami area will set you back about $450 a night, while a 4

Jim Cramer: Few investors seem ready for this sell-offCNBC’s Jim Cramer breaks down what the coronavirus-induced sell-off means for the borader stock market.

It’s not only the National Basketball Association that suffered a huge blow with Kobe Bryant’s passing, but the women’s game was also impacted by losing one of the sport’s biggest ambassadors. In an interview with CNBC, San Antonio Spurs assistant coach Becky Hammon, who played eight seasons in the WNBA, described Bryant as a “basketball fan” who “appreciated” the women’s league. “The women’s game lost a real advocate and someone who truly believed that women can do anything.” “The belief that h

Senate Television | Getty ImagesPresident Donald Trump’s lawyers laid out a multi-pronged defense in the Senate impeachment trial Monday, pushing back on House Democrats’ case for Trump’s conviction and removal from office. The defense team sought to undermine the arguments presented last week by the House impeachment managers, while making the historical case for Trump’s acquittal and rationalizing his dealings with Ukraine. The lawyers kicked off their arguments in an abbreviated session Satur

Airbnb is searching for five people to quit whatever they are doing and go on a free two-month trip to the Bahamas, where they will assist with ecological projects in the Caribbean nation. Those selected to take part in the “sabbatical” will spend April and May traveling to three Bahamian locations to help preserve the country’s natural and cultural resources. Airbnb’s latest “sabbatical program” was developed in partnership with the Bahamas National Trust, a local non-profit that protects 32 of

NTSB investigators went to the crash site in Calabasas on Monday to collect evidence. About four minutes later, “the pilot advised they were climbing to avoid a cloud layer,” she said. Radar data indicates the helicopter climbed to 2,300 feet (701 meters) and then began a left descending turn. Last radar contact was around 9:45 a.m.”Two minutes later, someone on the ground called 911 to report the crash. The weather was so foggy that the Los Angeles Police Department and the county sheriff’s dep

Paul George of the LA Clippers plays defense on LeBron James of the Los Angeles Lakers on December 25, 2019, in L.A., California. The NBA has postponed the Los Angeles Lakers’ next game against the Clippers on Tuesday night after the deaths of retired superstar Kobe Bryant, his daughter and seven others in a helicopter crash. The Lakers organization hasn’t made a public statement about Bryant’s death, choosing to mourn in private. The NBA says the game between the Los Angeles rivals will be resc

The home appliance company reported earnings of $4.91 per share excluding certain items on revenue of $5.38 billion. Analysts expected an EPS of $4.27 on revenue of $5.52 billion, according to Refinitiv. The company expects to deliver an EPS of $2.14-$2.17 in the second quarter, while analysts expected earnings of $2.44 per share, according to Refinitiv. The company sees first-quarter earnings of 70 cents per share while analysts expected an EPS of 84 cents. The company reported earnings of $1.3

The stock market’s recent stumbles as fears intensify around the deadly coronavirus is not a troubling development, Wharton School professor Jeremy Siegel told CNBC on Monday. “I actually welcome a little bit of this pullback,” Siegel said on “Closing Bell.” The market had kicked off 2020 on a strong footing, building on a 2019 in which the S&P 500 posted its best annual gains since 2013. He pointed to the S&P 500 trading around 19 to 20 times this year’s earnings, which he said is higher than t

Congressmembers are calling for Google to take action against climate disinformation. The U.S. House Select Committee on the Climate Crisis wrote a letter addressed to Alphabet CEO Sundar Pichai, requesting the company take action against climate disinformation — specifically on its video platform, YouTube. “YouTube has been driving millions of viewers to climate misinformation videos every day, a shocking revelation that runs contrary to Google’s important missions of fighting misinformation an

Ex-pharmaceutical executive Martin Shkreli arrives at the U.S. District Court for the Eastern District of New York in June, 2017. The Federal Trade Commission and New York’s attorney general on Monday sued incarcerated “pharma bro” Martin Shkreli and his firm Vyera Pharmaceuticals for allegedly “illegally monopolizing” the anti-parasite medication Daraprim — costing patients and other purchasers to pay tens of millions of dollars more each year than they otherwise would. “Daraprim is a lifesavin

Boeing has secured commitments of more than $12 billion in financing from more than a dozen banks, according to people familiar with the matter, as the industrial giant shores up its balance sheet amid the nearly yearlong grounding of the 737 Max. The manufacturer was trying to secure a loan of at least $10 billion, CNBC reported last week. The 737 Max was grounded after two crashes — a Lion Air flight in Indonesia in October 2018 and an Ethiopian Airlines flight last March — together killed all

Apple’s fiscal first quarter covers the holiday shopping season and is the company’s biggest quarter in terms of revenue. Apple shares are up over 3% in 2020 so far, and up over 100% since it reported first quarter earnings in 2019. Apple’s rise in recent weeks has led to a slew of analysts revising their price targets higher as the share price climbs. Analysts are expecting earnings per share of $4.55, up from $4.18 per share from a year ago, according to Refinitiv. Analysts project $62 billion

Automakers across the globe with operations in China could keep those plants closed even longer, people familiar with the matter said. Toyota Motor on Monday implemented a travel restriction to China “until further notice,” according to company spokesman Eric Booth. Toyota, which does not operate any plants in China, has not had to extract any employees from China as other automakers have done, he said. Others automakers such as General Motors and Fiat Chrysler have expanded travel restrictions

Hunter Biden, the son of leading Democratic presidential contender Joe Biden, has agreed to pay an undisclosed amount of monthly child support to an Arkansas woman who bore him a baby out of wedlock, avoiding a hearing Wednesday that put him at risk of being held in contempt of court. The support is retroactive to November 2018, three months after the child was born to Lunden Alexis Roberts, according to a judge’s order filed Monday in Independence County Court, Arkansas. And Biden must pay Robe