CNBC World News

Gross domestic product is expected to contract by 5% for the year, worsening from the bank's earlier prediction of a negative 0.4% growth, according to Goldman Sachs.

ABBA superstar Björn Ulvaeus told CNBC that the Swedish capital of Stockholm seems to be back to normal.

Apple's iPhone sales jumped 160% month-on-month in April, according to one research firm, as data paints a picture of a bounce back for the U.S. tech giant.

RBI Governor Shaktikanta Das said the central bank's Monetary Policy Committee had voted to maintain its "accommodative" stance.

The already serious friction between the United States and China ratcheted higher in recent weeks, and it's expanding to the stock market.

Chinese Premier Li Keqiang's remarks Friday are part of China's annual parliamentary meeting, delayed by about two months this year due to the disease known as Covid-19.

Secretary of State Mike Pompeo urged President Trump to fire an internal watchdog who was reportedly investigating the deal among other matters.

Strategist from Standard Chartered Private Bank and JPMorgan Asset Management told CNBC why they are recommending investors to look at focusing their portfolios on fixed income instead.

With most people working from home, and some employers mulling such an arrangement even post-pandemic, the future looks uncertain for office commercial space.

So far, state reopenings have not helped stem the rise in unemployment, which is expected to show another big jump in the month of May.

The stock is up over 50% on the year, not including Thursday's after-hours move.

Zuckerberg's announcement comes as several tech companies are allowing employees to work remotely indefinitely.

Trump acknowledged during a tour of a Ford factory in Michigan that a second wave of Covid-19 is "a very distinct possibility."

"Without a clear apples-to-apples comparison of the number of tests per capita, it is hard to compare disease rates across states," said Robert Bednarczyk, assistant professor of epidemiology at Emory University.

Stocks dropped as Wall Street digested a strong rally this week along with the latest weekly jobless claims data.

Evervault CEO Shane Curran says Alex Stamos' experience at Facebook meant he knew the importance of getting privacy right.

Facebook on Thursday announced that its Workplace enterprise software business has now reached 5 million paid users, up from 3 million in October.

Nearly half the restaurants and hotels surveyed by the Dubai Chamber and three-quarters of travel and tourism companies expect to go out of business in the next month alone.

Tesla HR told production employees in a memo obtained by CNBC that the company is returning to "normal operations," and it's resuming their regular attendance policy this week.

Retailers aren't the only ones struggling to pay the bills.