Business

Investors and health officials appear to grow increasingly worried about a potential second wave of Covid-19 cases and further economic downtown, as states and foreign governments move ahead with lifting restrictions. Stocks sold off on Tuesday, with the Dow shedding roughly 400 points in the final hour of trading and the Nasdaq Composite and S&P

A view of St George’s Municipal Hospital after a fire, five patients dead on ventilator support in the intensive care unit. The hospital was one of the first in St Petersburg to be repurposed as a medical centre to treat infectious diseases like pneumonia, including that caused by the novel coronavirus. Peter Kovalev The U.S.

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.2 million Global deaths: At least 291,366 Most cases reported: United States (1,369,314), Russia (232,243), Spain (228,030), United Kingdom (227,741), Italy (221,216)  The data above was compiled by Johns

Boeing 737 MAX airplanes, along with one Boeing 787 at top, are parked at Grant County International Airport October 23, 2019 in Moses Lake, Washington. David Ryder | Getty Images Boeing said Tuesday that customers canceled 108 more orders for 737 Max jetliners in April, further whittling down the company’s backlog of planes as it faces the devastating impact

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.17 million Global deaths: At least 285,690 Most cases reported: United States (1,346,723), Spain (227,436), United Kingdom (224,332), Russia (221,344), and Italy (219,814).  The data above was

The Food and Drug Administration over the weekend issued emergency use authorization for a rapid and cheap coronavirus test. The test may only be about 85% accurate, but it’s nonetheless a crucial step toward increasing the country’s ability to monitor for new coronavirus outbreaks, former FDA Commissioner Scott Gottlieb told CNBC.  Public health specialists have

Oil tanks at an oil processing facility of Saudi Aramco, a Saudi Arabian state-owned oil and gas company, at the Abqaiq oil field. Stanislav Krasilnikov | TASS via Getty Images Oil prices jumped to their highs of the day after Saudi Arabia said it will cut production further in an effort to support global oil

A technician of the German airline Lufthansa works at a parked plane at the “Franz-Josef-Strauss” airport in Munich, southern Germany, on April 28, 2020, as public life across the world has been limited in measures to combat the novel coronavirus COVID-19 pandemic. (Photo by Christof STACHE / AFP) (Photo by CHRISTOF STACHE/AFP via Getty Images)

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.09 million Global deaths: At least 282,553 Most cases reported: United States (1,329,072), Spain (224,350), United Kingdom (220,449), Italy (219,070), Russia (209,688)   The data above was compiled by

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Frustrated by local authorities holding up the reopening of Tesla’s factory in Fremont, California, Elon Musk said this weekend that his company

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4 million Global deaths: More than 279,300 Most cases reported: United States (over 1.3 million), Spain (over 223,500), Italy (over 218,200), United Kingdom (over 216,500), Russia (over

Dr. Paul Giotopoulos of Quaker Ridge Dental Source: Dr. Paul Giotopoulos of Quaker Ridge Dental The health care sector lost a record 1.4 million jobs in April led by more than half a million job cuts at dentist offices according to the Labor Department, as the coronavirus pandemic kept most non-emergency health care services on

Friday’s grim monthly jobs report confirmed a record number of Americans out of work, but the markets took the number in stride as investors bet the worst of the pandemic and the toll it’s taken on the economy has passed. The Dow Jones Industrial Average, the Nasdaq Composite Index and the S&P 500 all posted

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.93 million Global deaths: At least 276,860 Most cases reported: United States (1,283,846), Spain (222,857), Italy (217,185), United Kingdom (212,629), and Russia (187,859).  The data above was

The April jobs report is due to be released at 8:30 a.m. ET and it’s expected to show the worst job losses ever reported as coronavirus restrictions shuttered businesses for the month and put millions out of work. State officials are now attempting to thread the needle between reopening parts of the economy and preventing

Pedestrians pass in front of the Salesforce Tower in New York. Victor J. Blue | Bloomberg | Getty Images New York City is partnering with Salesforce to build the city’s coronavirus contact tracing program, designed to track down and test everyone who’s come into contact with anyone who tests positive for Covid-19, Mayor Bill de

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.8 million Global deaths: More than 268,000 Most cases reported: United States (1,254,740), Spain (221,447), Italy (215,858), United Kingdom (207,977), and Russia (177,160).  The data above was

The economy isn’t the only thing in America trying to get back up and running. President Donald Trump made one of his first factory-floor photo-op appearances since the pandemic began, at a Honeywell plant this week, and his reelection campaign and fundraising are becoming a bigger focus as mega donors add to the war chest of the president,

Oil jumped more on Thursday and was on track for its second best week in history as a number of bullish factors supported prices, including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline demand improving as economies around the world reopen. West Texas Intermediate, the U.S. benchmark, jumped 8%,

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.74 million Global deaths: At least 263,000 Most cases reported: United States (1,227,430), Spain (220,325), Italy (214,457), United Kingdom (202,356), France (174,224).  The data above was compiled by