Cuomo said he believe the New York Police Department should have enough personnel, but if it's an issue he will call in the National Guard. Some of the violent actions taken by the NYPD have exacerbated the problem, he said.
Through fiscal 2030, the virus will reduce real economic output — nominal GDP adjusted for inflation — by 3% from initial economic estimates in January before the pandemic hit, the Congressional Budget Office said.
As protests continued to roil U.S. cities in the week after the death of George Floyd in Minneapolis, Wall Street CEOs expressed horror, anger and empathy in staff emails and messages posted to social media.
The company's CEO said that he pulling out of a deal with Facebook that would have been potentially lucrative. But he said he can't move forward until the company moderates post that incite violence.
A global pandemic, racial strife, political upheaval — and a rising stock market amid the chaos. While it sounds a lot like 2020 it also has echoes all the way from 1968.
The World Health Organization cautioned world leaders about reports that the coronavirus is "losing potency," saying "this is still a killer virus" and thousands of people are still dying daily.
Companies are not issuing financial guidance, but CFOs of major corporations are increasingly certain of a coronavirus negative impact in 2020, according to the Q2 CNBC CFO Council Survey.
China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special U.S. treatment for Hong Kong to punish Beijing.
Merck CEO Ken Frazier said business leaders can be a "unifying force" in helping to calm a nation convulsed by protests over police brutality and economic destruction.
The U.K. is still at coronavirus alert level 4, meaning transmission is high or rising exponentially, but the country — which has been in lockdown since late March — eased some of its lockdown restrictions on Monday.