CNBC US News

Professional sports have been out of commission since early March due to the coronavirus. Will their return be safe? And will players, fans and owners be happy with the result?

Reddit Co-founder Alexis Ohanian on Friday announced his resignation from the company's board, saying he was stepping down and urging the company to replace him with a black person.

Trump floated ideas such as a payroll tax cut and stimulus checks, while Democrats want state and local relief and unemployment insurance.

White House health advisor Dr. Anthony Fauci made his comments Friday on CNBC.

"It starts with the systemic racism. Before you can get to help your company, you need to understand some things to make these adjustments," said "Shark Tank" investor Daymond John.

Trump called out Warren Buffett in a White House address and said the billionaire investor's decision to sell airline stocks was a mistake.

Kelly, who also served as secretary of Homeland Security in the Trump administration, reiterated the importance of preserving the Department of Defense's apolitical nature.

The Trump administration is scrapping a plan to ban Chinese passenger airlines outright but will limit their flights to twice a week.

Markets cheered on Friday as new data showed a surprising decline in unemployment, but black workers have little to celebrate.

Airbus recorded no new orders in May as the company adjusts to the harsh reality of airlines canceling or deferring orders for new planes in a bid to save cash.

Cuomo said that he spoke on the phone with the man, who "is thankfully alive" after being knocked to the ground in Buffalo by police officers.

White House health advisor Dr. Anthony Fauci told CNBC on Friday that the decision to reopen schools this fall will depend on the coronavirus' transmission in the region.

"They don't have relationships with people of color that they can turn to to get counsel about how to move this conversation forward," Morehouse College President David Thomas told CNBC.

Gov. Andrew Cuomo said the number of coronavirus deaths in New York state hit an all-time low Thursday since the beginning of the outbreak.

President Donald Trump said the U.S. has already produced 2 million coronavirus vaccine doses that are "ready to go" once scientists figure out whether it is safe and effective.

Muriel Bowser's letter comes as the message "Black Lives Matter" was painted in giant yellow letters down 16th Street, the site of many demonstrations.

What's good news for the U.S. economy is suddenly bad news for mortgage rates. A far-better-than-expected May employment report only added to a growing sell-off in the bond market, pushing bond yields to the highest level since March. Mortgage rates loosely follow the yield on the 10-year Treasury.

Amid nationwide calls for law enforcement reform after George Floyd's death, the U.S. Supreme Court will announce if it will consider the issue of qualified immunity, which could make it easier to sue police for serious misconduct.

Brooks Brothers, at 200 years old, calls itself the country's oldest clothing retailer. But the coronavirus pandemic has crushed the retail industry.

SoftBank's $100 million Opportunity Fund for minority-owned businesses is one of the first large funds created in response to nationwide protests sparked by the killing of George Floyd. But it's about 0.1% the size of SoftBank's Vision Fund, which has made few investments in companies run by black founders or women.