The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
The Congressional Budget Office estimated Tuesday that the national debt will rise to 141% of the economy over the next 30 years — 11 percentage points lower than the agency...Economyread more
Investors are piling into gold, sending the precious metal to a six-year high on Monday, and analysts think the commodity has established a base to go even higher.Marketsread more
More than 150,000 former students of for-profit colleges filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos on Tuesday, claiming the...Personal Financeread more
The yield on the benchmark 10-year Treasury note fell below 2% on Tuesday as investors looked for safety following the release of much weaker-than-expected confidence data.Bondsread more
Amazon announces that Amazon Prime Day will last for two days, starting July 15.Technologyread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
Buyers pulled away from the builders in May, even as affordability improved, thanks to lower mortgage rates.Real Estateread more
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
CNBC's Carl Quintanilla reports from Hanoi, ahead of the Trump-Xi trade meeting, to look at Vietnam's manufacturing boom and whether it can be sustained.Economyread more
Joe Biden could face some uncomfortable questions about his record on women this week at the first Democratic presidential debates in Miami.2020 Electionsread more
Shares in makers of personal protective equipment (PPE) are jumping as Ebola fears lead traders to speculate on the need for hazmat suits and face masks.
Another company, Alpha Pro Tech has seen its stock price pop from $3.15 to $8.70 since last Monday. The stock gained another 16 percent today.
"The spider's web of companies that are beneficiaries to an Ebola outbreak are becoming visible to portfolio managers," Paul Weisbruch, vice president of ETF and options sales and trading at Street One Financial, told Reuters. "It's not like buying a vaccine that might work. There's something more tangible with someone who supplies hazmat suits."
Alpha Pro Tech sold about $1.1 million worth of infection control products in the second quarter of this year, according to the company. Its CFO, Lloyd Hoffman, said that he could not disclose if Alpha Pro Tech's apparel is being used to prepare for Ebola or actively control the outbreak, as the firm is currently in a blackout period.
All Hoffman was able to comment on, he said, is that the company's N95 particulate filtering face mask has been recommended by the World Health Organization and the Centers for Disease Control and Prevention in "past situations like this," and that they offer other protective products too.
A spokesman for Lakeland Industries did not immediately return request for comment, but the company wrote a blog post in September touting the importance of PPE in the fight against Ebola.
As some have pointed out, both Alpha Pro Tech and Lakeland have several factors that could make them imperfect bets, including limited cash on hand and major competition from industry stalwarts like 3M and Du Pont. (Lakeland had $6.2 million in cash at July 31, and Alpha Pro had $5.3 million at June 30, according to SEC filings).
—Reuters contributed to this report.