The program is a crucial component of the $2 trillion stimulus package signed last week by President Trump to cushion disruptions tied to the coronavirus.
The U.K. opened NHS Nightingale in London on Friday, Britain's first coronavirus field hospital and the world's largest critical care unit, which was built in just nine days.
The number of weekly unemployment claims filed in the U.S. could soon exceed 8 million as the fallout from widespread shutdowns amid the coronavirus pandemic continues to worsen, one economist told CNBC on Friday.
The IHS Markit Spain Services Purchasing Managers' Index — which measures activity in the industry — sank to a record low of 23.0 in March from 52.1 in February.
Sales of the latest video games have smashed records as millions are stuck at home, as governments locking down entire cities to stem the spread of the coronavirus.
The escalating coronavirus outbreak has cast a shadow of uncertainty over most aspects of daily life, prompting a surge in demand for wills and life insurance policies as people look to secure their futures.
A lack of beds, protective equipment and doctors are just some of the issues being faced in Europe, as the coronavirus crisis exposes the weaknesses of the region's national health systems.
In Florida, 9,008 people have tested positive for the COVID-19 coronavirus, 1,167 have been hospitalized and 144 have died, according to the state's department of health.
President Donald Trump on Thursday invoked the Defense Production Act to aid companies building ventilators for coronavirus patients to receive the supply of materials they need.