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It comes amid concern that the volume of oil held in U.S. storage is rising sharply, with the coronavirus crisis compounding the problem.

Democratic Sen. Bob Menendez sent a letter to the White House on Monday accusing Trump media agency nominee Michael Pack of possibly breaking the law and self-dealing.

The airline is seeking to convert debt to equity, money from shareholders and Norwegian state guarantees in a bid to survive the coronavirus crisis.

Many mid-sized retailers do not qualify for government relief programs. The National Retail Federation wants more government aid in hopes of saving thousands of jobs during the coronavirus pandemic.

United said it lost $2.1 billion in the first quarter, some of the first detail of damage from coronavirus on the airline business.

More than one million people responded to the symptom survey within the first two weeks, Facebook said. It plans to roll out the survey globally this week.

Las Vegas Sands CEO Sheldon Adelson has repeatedly praised dividends, but the coronavirus has caused his company to suspend them.

"That joy and that pride that all of these events bring, that celebration, will be back," de Blasio promised.

CNBC's Jim Cramer said the late rally for stocks on Friday afternoon was "phony" and that investors and analysts are now backing away.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 248,400 people across the state as of Monday.

Shake Shack will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses.

The virus has infected more than 2.4 million people worldwide and killed more than 165,000, according to data compiled by Johns Hopkins University.

"I'm a little bit more worried than what the consensus of economists out there is right now," Mohamed El-Erian told CNBC.

As Congress considers ideas in the coming weeks seeking to help America recover from the Covid-19 pandemic, the Insured Retirement Institute has proposed a five-point plan to help American retirement savers enhance their ability to save for retirement today and ways to strengthen their financial security for tomorrow.

Among the reasons we don't build great works in America anymore: Personal financial incentives, shareholder culture, a desire for small comforts and a lack of mandatory public service that divides the country.

"We've had a little difficulty with one so we're calling in, as in the past you know, we're calling in the Defense Production Act and we'll be getting swabs very easily," Trump said.

A letter sent by Prince Harry and Meghan, the Duchess of Sussex to tabloid editors states that there will be "zero engagement" with their publications.

The deal would allocate $310 billion into the Paycheck Protection Program and $60 billion for the Economic Injury Disaster Loan program.

Traders say Chipotle is a standout stock for investors to watch during earnings season.

Dow futures point to a sharp drop at Monday's open as the May contract on West Texas Intermediate crude collapses.