Treasury Secretary Steven Mnuchin and President Donald Trump attend briefing about the coronavirus outbreak in the press briefing room at the White House on March 17, 2020 in Washington, DC. The Trump administration is considering an $850 billion stimulus package to counter the economic fallout as the coronavirus spreads. Drew Angerer | Getty Images President […]
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Dow up 1,500, gold surging
All eyes are on Congress to pass a much-needed stimulus bill to rescue the economy from the coronavirus damage. The stock market is staging a turnaround with the Dow rebounding from its 2016 low. Here’s what’s happening: 10:52 am: Goldman says buy gold now: ‘Time to buy the currency of last resort’ Gold prices jumped more than […]
CVS to hire 50,000, Surgeon General warning
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 353,000 Global deaths: At least 15,000 US cases: At least 35,000 US deaths: At least 470 The data […]
GOP bill fails in key Senate procedural vote
A massive funding package to combat the impact of coronavirus did not get enough votes in a key Senate procedural vote Sunday evening. The stalemate came hours after Democratic leaders warned that the bill did too much to bail out companies and not enough to help workers. Stock futures cratered as the two parties failed to […]
NY, Illinois governors warn states compete for supplies
Closed Chicago Theatre is seen in Chicago, Illinois, on March 21, 2020. KAMIL KRZACZYNSKI This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day as the news breaks. Global cases: More than 311,000 Global deaths: […]
Stocks tank 10%, Dow off 30% from record
This is a live blog. Here’s the latest. 10:17 am: Stocks fall deeper into bear market territory The Dow and S&P 500 entered a bear market last week, putting an end to the historic bull run that began in the throes of the financial crisis. Monday’s steep losses have sent the major averages further below […]
The Masters is postponed, Buffett moves shareholder meeting online
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 135,000, according to data compiled by Johns Hopkins University. Global deaths: At least 4,977, according to data compiled by Johns […]
Trump wants big tax cut, NYC case count can’t keep up
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 118,101, according to data compiled by Johns Hopkins University. Global deaths: At least 4,262, according to data compiled by […]
US stocks erase $3.18 trillion in value this week amid coronavirus tailspin
The coronavirus wiped $3.18 trillion in market value from U.S. stocks this week, according to estimates from S&P Dow Jones Indices. The equity benchmark lost $203 billion in value on Friday, adding to its $2.997 trillion loss from Monday to Thursday, the firm’s Senior Index Analyst Howard Silverblatt told CNBC. The S&P 500 index has […]
WHO warns of spread to every country, Mexico confirms first cases
Disinfection professionals wearing protective gear spray anti-septic solution against the coronavirus (COVID-19) at a subway station on February 28, 2020 in Seoul, South Korea. Chung Sung-Jun | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 83,700 Total deaths: At […]
