Pedestrians walk past a boarded up Lori’s Diner in San Francisco, California, U.S., on Tuesday, March 24, 2020. David Paul Morris | Bloomberg | Getty Images When the coronavirus pandemic eventually subsides, the economic impact will be felt unevenly from one part of the country to another. The regions feeling […]
CNBC News
Coronavirus live updates: Over 1,000 NYC police contract COVID-19, TSA screenings at 10-year low
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. Global cases: More than 885,000 Global deaths: At least 44,000 US cases: At least 190,000 US deaths: At least 4,100 […]
Dow falls 700 points to start second quarter as Trump warns of ‘very painful two weeks’
Stocks fell sharply on Wednesday as Wall Street begins the second quarter on a sour note amid mounting concerns over the coronavirus outbreak. The Dow Jones Industrial Average traded more than 700 points lower, or 3.4%. The S&P 500 slid 3.7% while the Nasdaq Composite lost 3%. President Donald Trump […]
These states could be hit with the biggest jobs losses from the coronavirus pandemic
Pedestrians walk past a boarded up Lori’s Diner in San Francisco, California, U.S., on Tuesday, March 24, 2020. David Paul Morris | Bloomberg | Getty Images When the Coronavirus pandemic eventually subsides, the economic impact will be felt unevenly from one part of the country to another. The regions feeling […]
Coronavirus live updates: TSA screenings drop to 10-year low, Spain suffers highest death toll yet
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. Global cases: More than 873,767 Global deaths: At least 43,288 US cases: At least 189,633 US deaths: At least 4,081 […]
Treasury Secretary Mnuchin says he’s having ongoing discussions about infrastructure
Treasury Secretary Steven Mnuchin told CNBC on Wednesday he is talking with Congress about a potential infrastructure bill that would help boost the coronavirus-battered economy. “As you know, the president has been very interested in infrastructure. This goes back to the campaign: The president very much wants to rebuild the country,” […]
Dow tumbles 600 points to start second quarter as Trump warns of ‘very painful two weeks’
Stocks fell sharply on Wednesday as Wall Street begins the second quarter on a sour note amid mounting concerns over the coronavirus outbreak. The Dow Jones Industrial Average traded about 620 points lower, or 2.8%. The S&P 500 slid 3.0% while the Nasdaq Composite lost 2.6%. President Donald Trump said […]
Coronavirus live updates: Virus hits spring home sellers, Spain suffers highest death toll yet
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. Global cases: More than 873,767 Global deaths: At least 43,288 US cases: At least 189,633 US deaths: At least 4,081 […]
US companies cut 27,000 jobs before the worst of the coronavirus shutdown, millions more coming, ADP says
Companies reduced payrolls by 27,000 in early March before the worst of the coronavirus-induced economic freeze, according to a report Wednesday from ADP and Moody’s Analytics. Actual losses for the month were far worse as indicated by the millions of people who already have filed unemployment claims. Wednesday’s report covers […]
Dow futures fall 700 points as Trump warns of ‘very painful two weeks’
U.S. stock futures dropped early Wednesday morning and pointed to sizable declines at the open, following the end of the worst first quarter on record for the Dow and S&P 500 spurred by the coronavirus sell-off. At around 8:21 a.m. ET, Dow Jones Industrial Average futures were down 775 points, indicating […]