The British government said the U.K. would be the first country to be given access to a vaccine being developed at Oxford University, should it prove successful in clinical trials.
After the sharpest one-month drop in the history of the index in April, homebuilder sentiment bounced back slightly in May as builders saw a quick rebound in interest from buyers.
Small businesses that participated in the Paycheck Protection Program won't be able to deduct expenses covered by this forgivable loan. The result could be higher quarterly tax payments in July.
"This is about us learning, not about becoming vigilantes with each other, but about building a way that we are actively interested in preventing infecting one another," Dr. Atul Gawande told CNBC.
A new study is painting a gloomy picture for furloughed Americans, claiming 42% of the temporary layoffs resulting from the coronavirus pandemic will be permanent. If you aren't headed back to work, it's imperative to make moves such as applying for unemployment and health insurance to help relieve some of the financial strain.
It's clear that the coronavirus pandemic will change the way we work in offices — perhaps indefinitely. Less certain is the impact these physical and structural changes will have on corporate culture, which has become an intangible asset companies long to perfect.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 350,100 people across the state as of Monday.
Former Trump advisor Gary Cohn said that a potential vaccine shouldn't stop the government from providing aid to parts of the country that have been hobbled by the economic shutdown.
Speaking at the World Health Assembly, WHO Director-General Tedros Adhanom Ghebreyesus called on all nations to "do everything it takes to ensure that the 2020 coronavirus pandemic is never repeated."
The U.S. may have experienced the worst of its coronavirus-related job losses in mid-April, and hiring could be on the verge of starting to recover, according to data gathered by LinkedIn and provided to CNBC.