This marked the first negative GDP reading since the 1.1% decline in the first quarter of 2014 and the worst level since the 8.4% plunge in Q4 of 2008 during the worst of the financial crisis
New York City Health Commissioner Dr. Oxiris Barbot said last week that nearly 1 million residents probably have been exposed to the coronavirus, well above the number of confirmed cases.
Her endorsement comes a few days after Biden received coveted endorsements from other high-profile political leaders, including former President Barack Obama and Sen. Elizabeth Warren.
The "balance between predictability, transparency" and investment optimization is key in oil-based ETFs, says Jason Bloom, who oversees the Invesco Oil Fund.
"We're in war," President Donald Trump proclaimed at a White House news conference last week. "I call it the 'invisible enemy.' That's the war, and it's a dangerous war."
Among other ways the companies work together, and pay each other, a new filing reveals that SpaceX bought $600,000 worth of Tesla car parts in the first quarter of 2020 alone.
Quest screens patients online to determine whether or not an antibody test is appropriate and then sends them to have their blood drawn at one of the company's 2,200 laboratories, Quest said.
The Federal Reserve has reached out to investment and retail banks for feedback on its Main Street lending program ahead of its formal launch, according to people familiar with the matter.
Vice President Mike Pence, who leads the White House's coronavirus task force, visited the Mayo Clinic without a mask. The facility requires everyone to wear a mask to avoid potentially spreading the virus that causes Covid-19.
The plan to reopen New York during the coronavirus pandemic would require creating regional isolation facilities to monitor the outbreak and hiring many contact tracers.
Get complete CNBC business news coverage online. Find the latest regional business news pertaining to the United States of America including headlines & top stories available on the official CNBC site.