New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 76,000 people in the state as of Wednesday morning.
Lenders, who are being paid fees to administer the program on behalf of the Small Business Association, will face pressure to execute the program smoothly.
"Whatever cash you have, divide it over five installments," Mohamed El-Erian told CNBC on Wednesday, suggesting dollar-cost averaging into the market over several months.
U.S. manufacturing activity contracted in March as the coronavirus outbreak continues to pressure the economy, data released Wednesday by the Institute for Supply Management showed.
Behavioral economist Dan Ariely, author of the book "Predictably Irrational," says you need to know what kind of investor you are before making trades during the coronavirus outbreak.
No code? No problem. Apps can now be created without it. The tech revolution, which is playing a major role in the coronavirus crisis, is an intense area of competition between cloud giants Microsoft, Google and Amazon.
Millions of workers have reason to cheer, thanks to a $2 trillion stimulus package passed by Congress last week that will put checks in their pockets. But how far will $1,200 really go? CNBC took a look at what that sum could mean for rent payers around the country.