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…
Jobless claims rose to 281,000 last week, reflecting only the first indications of the impact the coronavirus will have on the U.S. employment picture. That number reflected a significant rise…
Wealthy New Yorkers fleeing the city are driving up the prices of rentals in the Hamptons and Hudson Valley, with rates more than tripling for some properties. As New York…
Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable — it’s already here. “We are officially declaring that the economy has fallen into a…
Gov. Gavin Newsom at a news conference in Sacramento, Calif., Monday, Sept. 16, 2019. Rich Pedroncelli | AP California Gov. Gavin Newsom on Thursday issued a statewide order for all…
The Fed is throwing all of its fire power at markets, and yet interest rates continue to rise, a troubling sign when the economy looks set to slow down dramatically….
This is a live blog. Please check back for updates. Global cases: At least 207,855, according to the latest figures from the World Health Organization Global deaths: At least 8,648, according to the…
Next Thursday’s look at weekly new jobless claims may show a tenfold spike to 2 million as the full force of the coronavirus halt in the U.S. economy slams the…
Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference after a weekly caucus meeting at the U.S. Capitol in Washington, D.C., on Tuesday, Jan. 14,…
Mostly just Macy’s workers pace the main floor, around the beauty department, on March 17. Source: Lauren Thomas, CNBC Thursday’s spike in weekly jobless claims signals just the start of a…