CNBC World News

Bank of America issued a dire warning to investors on Thursday: The recession is here.

Oil prices rebounded on Thursday, one day after US oil posted its third largest loss on record.

Airbnb is fielding interest from investors as the coronavirus crisis hits the travel and hospitality industry, sources familiar told CNBC.

Apple's online store on Thursday in the United States restricted purchases of more of two units each of the iPhone 8, iPhone XR, iPhone 11, or iPhone 11 Pro or Max.

The government is in talks with Facebook, Google and other tech giants about sharing location data from smartphones to combat coronavirus. The news has some people concerned about data privacy.

The U.K. prime minister offered citizens a piece of optimism Thursday.

Trade disruptions, debt vulnerabilities and a limited scope for monetary policy maneuvers threaten a slew of African economies as the coronavirus pandemic arrives on the continent.

The White House is talking to congressional leaders of both parties about a massive stimulus package to blunt the impact of the coronavirus crisis.

The number of people who have died from the coronavirus in Italy has hit 3,405, according to Reuters.

The new coronavirus could claim up to 24.7 million jobs, according to International Labour Organization (ILO) estimates.

The Bank of England cut interest rates to 0.1% and ratcheted up its bond-buying program Thursday.

The number of confirmed COVID-19 cases surpassed 10,000 in the United States on Thursday, doubling over two days as states ramp up testing and the new coronavirus sweeps across the country.

Italy's lockdown is set to be extended beyond current end-date of April 3, Prime Minister Giuseppe Conte said as Italy's daily death toll spikes.

The WHO has repeatedly underlined the importance of "flattening the curve" in order to tackle the coronavirus outbreak.

Many major investors are selling everything from stocks to bonds to gold in order to raise U.S. dollars.

As a growing number of countries go into lockdown due to the coronavirus — and museums and galleries around the world are closed — these are some you can visit from the comfort of your own couch.

The Bridgewater Associates founder also estimated the global corporate losses will hit $12 trillion due to the pandemic.

The French civil servant has been in charge of all the negotiations between the European Union and the United Kingdom.

The Fed is throwing all its fire power at markets, but interest rates continue to rise, a troubling sign when the economy looks set to slow.

CNBC asks the experts what investors should keep in mind if they plan to take advantage of sharp falls in share prices amid the coronavirus pandemic.