More than 700 U.S. cities plan to delay or cancel infrastructure projects after their responses to the coronavirus outbreak left budgets with unplugged holes.
The U.S. added more than 31,000 new Covid-19 cases on Monday as the seven-day average of daily new cases continues to grow and the number of hospitalizations also increases, according to a CNBC analysis of Johns Hopkins University data.
Sales of newly built homes jumped far more than expected in May, according to the U.S. Census. After slowing dramatically in March, as the coronavirus shut down the economy, they posted the strongest May pace since 2007, a recovery that surprised even the builders themselves. But housing starts were not nearly as strong, and builders are struggling to meet this new demand.
Dr. Anthony Fauci and other key Trump administration health officials are testifying before a House committee on the U.S. response to the Covid-19 pandemic.
The House Energy and Commerce Committee is holding a hearing with Dr. Anthony Fauci and other key Trump administration health officials on the U.S. response to the Covid-19 pandemic.
As colleges and universities face extreme budget shortfalls, some institutions are cutting academic programs that were once central to a well-rounded education.
Trading platforms like Robinhood are rising in popularity with retail investors as a side effect of Covid-19's disruptions to sports and other activities, says Dan Egan, managing director of behavioral finance and investing at Betterment.
"My comments have been taken wildly out of context," Navarro said in a statement from the White House after Fox News reported that he said the U.S.-China trade deal was "over."
San Francisco Mayor London Breed's office said the decision to allow more businesses to reopen is driven by a "San Francisco-specific risk model" designed to curb the spread of Covid-19.
Gov. Greg Abbott urged residents Monday to cover their faces to prevent the spread of Covid-19, even if they felt like it would be an "infringement of freedom."
During the WWDC 2020 keynote, Apple revealed iOS 14 with a new home screen for iPhones, iPadOS 14, macOS Big Sur, watchOS 7 and more. It also said it will begin to switch to using its own Apple chips instead of Intel chips in Macs.
Apple is making changes to its software platform as officials in the U.S. and Europe looking into whether the company's control of its App Store could be anticompetitive.
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