CNBC Top Stories

Issuers are urging caution as the Federal Reserve pledges to buy investment-grade and high-yielding junk bond ETFs to support the market.

Wuhan city, the center of the coronavirus outbreak in China, said that a local investigation found another 1,290 deaths from the disease.

The Wuhan government said total confirmed infections in the city have been revised upwards by 325 to 50,333, while there are now 1,290 more deaths totaling 3,869, Xinhua News Agency reported.

Pony.ai, with its fleet of 10 vehicles, has teamed up with e-commerce site Yamibuy for the delivery initiative.

The International Monetary Fund this week downgraded its economic forecast. It now expects the global economy to shrink by 3% this year before growing 5.8% next year.

Michael Cohen, the former personal lawyer and fixer for President Donald Trump, will be released from prison and be allowed to serve the remainder of a three-year sentence due to concerns about the coronavirus

Roger Stone, a Republican operative and longtime friend of President Trump, claimed juror misconduct in his request for a new trial.

Covid-19 has infected more than 2,151,100 people around the world as of Thursday, killing at least 142,735 people.

"Unfortunately, there are a lot more losers than winners here and many of them have become uninvestible," the "Mad Money" host said.

The partnership allows the Treasury to take advantage of the Fed's ability to swiftly inject money into the economy. It also effectively shifts debt off the Treasury's balance sheet and onto the Fed's.

The Pentagon deployed the USNS Comfort and the USNS Mercy hospital ships in March to help with the surging coronavirus cases.

The new guidance ramps up pressure on governors to loosen their restrictions, even as health experts and business leaders alike warn that widespread testing systems are needed before Americans can safely start returning to their normal lives.

Weeks before the governors of California and Washington told their residents to stay home, the top employers in their states were operating remotely.

The coronavirus pandemic has closed schools and forced more teachers and parents to lean on online education resources.

Extending business interruption losses is a "self-inflicted injury" and would create "great uncertainty at a time when we have enough uncertainty," Chubb CEO Evan Greenberg told CNBC.

Bleakley Advisory Group's Peter Boockvar sees the S&P 500 trapped in a 2200 to 2900 trading range due to the coronavirus.

Boeing is planning a phased approach to resuming production at its Seattle-area airplane factories.

"We will climb out of this. It's not going to be a sudden bounce back," the central bank official told CNBC.

"A story like this shakes you to the bone," Gov. Phil Murphy said at a press conference.

A Chicago hospital treating severe Covid-19 patients with Gilead Sciences' antiviral medicine remdesivir in a closely watched clinical trial is seeing rapid recoveries in fever and respiratory symptoms, with nearly all patients discharged in less than a week, STAT has learned.