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The Covid recession brought extreme inequality in 2020

The Covid recession brought extreme inequality in 2020

The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, a vicious presidential election. It also brought the most severe recession in almost a century, which hurtled millions into poverty …

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Treasury yields climb after Trump threatens to derail stimulus bill

Coronavirus vaccine creates market winners and losers

U.S. government debt prices were lower on Wednesday after President Donald Trump suggested he may not sign a long-delayed coronavirus relief package.  The yield on the benchmark 10-year Treasury note climbed to 0.921%, while the yield on the 30-year Treasury bond was slightly higher at 1.655%. Bond yields move inversely to prices. Trump on …

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What to expect from a skiing holiday this winter

What to expect from a skiing holiday this winter

When a Covid-19 outbreak emerged at one of Rob Katz’s Colorado ski resorts in March, he knew it was going to be a game changer. “It was a defining moment,” the Vail Resorts CEO told CNBC. “I immediately felt a different level of responsibility.” That was true not only for …

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6 productivity apps to help you survive working from home

6 productivity apps to help you survive working from home

While some American workers have gone back to the office, Gallup’s recent annual Work and Education poll shows that 33% are still working remotely full-time due to the coronavirus pandemic, with an additional 25% working from home part-time. Nearly two-thirds of U.S. workers who have been working remotely during the …

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How CFOs feel about 2021 hiring, spending with vaccine on the way

How CFOs feel about 2021 hiring, spending with vaccine on the way

Chief financial officers at large multinational corporations are cautiously optimistic about 2021 strategic investment and hiring. Optimism about a coronavirus vaccine is outweighing concerns about the current Covid-19 case surges in the U.S. and Europe, according to the results of the Q4 2020 CNBC Global CFO Council Survey. In the …

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Here’s what young voters want to see from Joe Biden and Kamala Harris

Here's what young voters want to see from Joe Biden and Kamala Harris

CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Colette Ngo is a senior at Chapman University double majoring in broadcast journalism and business administration. The …

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Remote work part-time seen as the norm after Covid

Remote work part-time seen as the norm after Covid

Parents work from home with their two sons due to the Coronavirus outbreak in Paris, in 2020. Xavier Laine | Getty Images News | Getty Images The chief executive of a German software company said feedback from customers indicates that companies will let staff spend half their time working from …

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investing in low-level workers drives shareholder returns

investing in low-level workers drives shareholder returns

Dan Schulman Mark Neuling | CNBC PayPal executives were shocked to learn that some of its employees were financially insecure. Here’s how the $225 million company sought to fix that and why it believes the changes will improve stock returns. PayPal CEO and President Daniel Schulman said two thirds of …

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