Pressure is building up in Europe to come up with new ways to mitigate the economic impact of the coronavirus, in the region that has become the epicenter of the outbreak.
President Trump's businesses are barred from getting loans or investments under the new $2 trillion coronavirus stimulus deal, according to Senate Minority Leader Chuck Schumer.
The central bank official was in the news earlier this week when he forecast that the unemployment rate will skyrocket to 30%, higher than it was even during the Great Depression.
New orders for long-lasting U.S. manufactured goods unexpectedly rose in February, but are set to decline as strict measures to contain the coronavirus pandemic sap demand and push the economy into recession.
Lawyers are predicting, and have already started to see, a rise in divorce cases following the intense period of self-isolation due to the coronavirus.
Ben Bernanke, Brookings Institution's distinguished fellow and former Federal Reserve chairman, joins "Squawk Box" to discuss the economic impact of the coronavirus pandemic.
"The things that Democrats stood firm for, expanding unemployment, helping states and counties, investing in hospitals, transparency on the big fund" are now all included, the Delaware Democrat said on CNBC's "Squawk Box."
As the market for portable computers that possess features of both tablets and laptops takes off, Apple's new iPad Pro is leading a pack that looks more like a winning compromise in a weakened tablet market.
A hike in interest rates, combined with a massive shutdown of the economy caused homeowners and potential homebuyers to back away from the mortgage market.
The White House and Senate leaders have reached a deal on a massive $2 trillion coronavirus stimulus bill to combat the economic impact of the outbreak.