China, U.S, and Russia in their last stage of coronavirus vaccine trials and hope for them to be approved by the end of this year, as various countries are still stuck in the initial stages amid the second wave.
Tag: United States
US cases continue to rise faster than other countries
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: At least 1,139,207 Global deaths: At least 60,874 US cases: At least 278,458 US deaths: At least 7,159 The data […]
Maryland cracking down on stay-at-home order violators
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 732,153 Global deaths: At least 34,686 US cases: At least 143,055 US deaths: At least 2,513 The data […]
Dow jumps 400 points after virus measures extended
Stocks rose on Monday, building on a strong rally from last week as the U.S. extends measures to contain the coronavirus outbreak. The Dow Jones Industrial Average was up 476 points, or 2.2%. The S&P 500 climbed 2.5% while the Nasdaq Composite traded 2.8% higher. President Donald Trump said at a news conference Sunday the national […]
Pence says economic fundamentals strong despite outbreak impact
Vice President Mike Pence said Friday that the fundamentals of the U.S. economy remain robust despite the coronavirus pandemic that has tanked markets and led to unprecedented layoffs of millions of Americans. “While the stock market has ebbed and flowed, and even this week made dramatic moves, President Trump and our entire economic team believe […]
India’s streets sit empty, global cases near 500,000
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 492,000 Global deaths: At least 22,000 US cases: At least 69,000 US deaths: At least 1,000 The data […]
Congress is closing in on a deal
Democrats and Republicans are closing in on a massive stimulus package to combat the economic impact of the coronavirus. In perhaps the biggest signal that an agreement was close, House Speaker Nancy Pelosi, D-Calif., told CNBC on Tuesday morning that there is “real optimism” Congress can clinch a pact within a few hours. Senate Majority Leader […]
Here’s everything the government has done to limit the economic impact
The federal government is racing to ease the pain facing the U.S. economy as the coronavirus pandemic makes its swift pivot from public health crisis to financial catastrophe. The damage from COVID-19, the disease caused by the new virus, is unlike anything in modern times. Economists have warned the fallout could be similar to that […]
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 […]
IRS delays tax filing deadline, JC Penney yanks earnings outlook
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 245,000, according to data compiled by Johns Hopkins University. Global deaths: At least 10,031, according to Hopkins data. US […]
