CNBC Top Stories

"Let's hope that this thing bottomed way in April and we're headed towards a terrific recovery in the second half of the year," NEC Director Larry Kudlow told CNBC.

Former Trump national security advisor Michael Flynn "has indeed committed perjury" in his statements to a federal judge, "for which he deserves punishment," a former judge said.

Simon Property Group, the biggest U.S. mall owner, said Wednesday that it has exercised its contractual rights to terminate its deal to acquire high-end mall owner Taubman.

When Congress enacted legislation to stem the financial distress caused by Covid-19, some dependents were shut out of receiving stimulus checks. Now, young adults are working to raise awareness and reverse that policy.

Cruise, General Motors' majority owned self-driving vehicle unit, has hired a former engineer of Tesla and electric vehicle start-up Lucid as its new head of safety.

The move is the first time Amazon has agreed to let an outside financial institution make underwriting decisions for the hundreds of thousands of businesses on its platform

After banning ads for masks on its platform in March, Facebook will begin allowing advertisers to promote non-medical masks.

Stocks trading below $1 per share have an average gain of nearly 80% in the past week, according to Citadel Securities.

George Floyd's brother Philonise Floyd testified before a hearing of the House Judiciary Committee on police brutality and racial profiling. On Monday, top congressional Democrats unveiled a bill to overhaul police practices.

Texas health authorities said there are currently 2,153 patients sickened with Covid-19 across its hospitals, making Wednesday the third-straight day of record-breaking coronavirus hospitalizations.

The WHO "walked that back because there's no evidence to indicate that's the case," Dr. Anthony Fauci says.

United says it's the first major U.S. airline to require the checks.

The brother of George Floyd is expected to testify Wednesday before Congress on racial profiling and police brutality.

Covid-19 is a new virus and the WHO is learning all the time, WHO Director-General Tedros Adhanom Ghebreyesus says.

Check out the companies making headlines in midday trading.

The strike follows two weeks of demonstrations spurred by the police killing of George Floyd, a black man who died after a white police officer kneeled on his neck.

A conversation about the latest market-moving news, including the upcoming Fed decision on monetary policy and tech shares rising.

A third of America's malls are going to shut permanently by 2021, according to one former department store executive, as their demise is accelerated due to the coronavirus pandemic.

One options trader made a big bet that Wednesday's pullback is only the beginning of more pain for the small caps.

"We welcome the millions of dollars. We welcome the relatable messages, but we need to do more," Citigroup Vice Chairman Ray McGuire said in response to the death of George Floyd.