The novel coronavirus, now named COVID-19, was declared a pandemic on March 11, 2020. It is the sixth pandemic named in about a century. So when does a disease become a pandemic, and what does the designation mean for governments and markets? CNBC's Tom Chitty explains.
"I would hope within a few weeks we may be able to make an announcement to you all that we've given the first shot to the first person," Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said.
A top U.S. health official said the country is "not really geared" to conduct the amount of testing for the coronavirus that will be required as the virus continues to spread across the nation.
Norwegian Air will scrap 4,000 flights and temporarily lay off around half its employees due to the ongoing coronavirus outbreak, the company said on Thursday.
President Trump said that markets will be "just fine" as U.S. stocks sold off in yet another dramatic session fueled by worries over the coronavirus outbreak and the administration's response to it.
Stocks of the nation's homebuilders are tanking, on pace for their worst day since December 1, 2008, when the subprime mortgage crisis brought the whole housing market to its knees.
Canadian Prime Minister Justin Trudeau is self-isolating at home while his wife, Sophie Gregoire, awaits the results of a test for COVID-19, the disease caused by coronavirus, a spokesperson said Thursday.
CNBC's Jim Cramer said Thursday that he believes the government is debating some big options to tackle the economic and financial markets crisis arising from the coronavirus pandemic.
The coronavirus outbreak spurring the NBA to suspend the season indefinitely could mean bad news on top of already bad news for sporting goods companies like Nike.
Low interest rates could give the homebuilding stocks a boost as they fall alongside the broader market, says Craig Johnson, senior technical research analyst at Piper Sandler.