CNBC Business

President Trump's coronavirus vaccine czar said Monday he expects Pfizer's and Moderna's Covid-19 shots will be effective against a new mutation of the virus.

Traffic to stores on the final Saturday before Christmas dropped 40.9% from 2019. That wasn't as steep of a decline as Black Friday, when traffic fell 48%.

Analysts are issuing bullish stock market predictions for 2021, but Wall Street's history of forecasting the S&P 500 is pretty bearish.

Alan Horn is stepping down as co-chairman of Walt Disney Studios, but will remain chief creative officer.

Airline stocks tumbled Monday as a fast-spreading Covid strain in the U.K. prompted travel bans in Europe, Canada.

Even though the chance of winning the top prize in either game is tiny, it's worth considering how you would handle such a large amount if you beat the odds.

Despite lofty market levels, most millionaires plan to maintain or add to their stock holdings next year, according to the CNC Millionaire Survey.

"The subpoenas were necessary because ... efforts to interfere with scientific work at CDC were far more extensive and dangerous than previously known," Rep. Jim Clyburn said in a statement.

European markets fell sharply on Monday as investors monitored a fast-spreading new variant of the coronavirus strain in the U.K.

The NBA begins its 2020-21 campaign on Tuesday, preparing for in-market games as Covid-19 cases increase.

Existing Covid vaccines will likely provide protection against the new strain of coronavirus circulating in Britain, the former FDA chief told CNBC.

Nike shares jumped more than 5% Monday, despite a broader market selloff, as investors rallied behind the sneaker maker's latest quarterly results.

"The Book of Boba Fett," revealed during the season two finale of "The Mandalorian," will be its own series on Disney+.

The Covid-19 relief package agreed to by lawmakers provides for more funding for coronavirus vaccine distribution than did earlier proposals.

Stocks were set to sink Monday as airlines, cruise lines and hotel stocks were slammed on concerns about a new strain of coronavirus in the U.K.

Wise investors in these times will focus on the "alpha" they can generate by minding four concepts: tax efficiency, savings rate, automation and portfolio fees.

A highly contagious new variant of the coronavirus is causing countries in Europe and elsewhere to block travel from Britain.

Airlines received $25 billion in payroll support under the $2.2 trillion CARES Act in March.

Existing vaccines for Covid-19 will be effective in fighting off infection from new strains of the coronavirus, multiple experts told CNBC on Monday.

Nearly two-thirds of millionaires say taxes will go up under a Biden administration, according to the survey.