Treasury Secretary Steven Mnuchin told lawmakers Tuesday that he supported the Federal Reserve's decision to cut rates in a bid to support the economy amid the coronavirus outbreak.
A top analyst predicts that Apple will launch several new products using the Mini LED screen technology starting later this year with six products hitting the market before the end of 2021.
Cisco, Amazon, Intel and Salesforce have all backed out of HIMSS citing fears related to the spread of coronavirus. HIMSS draws tens of thousands of employees to Orlando, Florida.
President Donald Trump on Tuesday demanded that the Federal Reserve cut rates even more after the central bank announced it would slash rates by 50 basis points in an effort to combat the economic impact of the coronavirus outbreak.
Public companies that offer telemedicine, including Teladoc, have seen their stock surge in the past week, and many private start-ups tell CNBC they are bracing for increased usage. Insurance companies are starting to follow suit.
Health and Human Services official Dr. Robert Kadlec estimates the country would need roughly 3.5 billion of medical-grade N95 masks, which filter out about 95% of all liquid or airborne particles.
Stephen Roach, who served as Morgan Stanley's chief economist, said that the U.S. government's response to the outbreak has been "flailing" and that it needed to make investments in public health.
Customers in Philadelphia, Pennsylvania; Phoenix, Arizona; Orlando, Florida and Dallas, Texas now have access to receive up to 3 million items more quickly.
A bipartisan bill introduced Monday outlines steps e-commerce platforms must take to prevent the sale of counterfeits third-party sellers on their platforms.