CNBC US News

General Motors is shutting down its Maven car-sharing business, a once emerging mobility brand for the automaker.

The state now has 1,000 people working online and through its phone system to process the high volume of unemployment claims, Gov. Andrew Cuomo said.

As the coronavirus pandemic proves financially devastating, many Americans are trading long-term goals for short-term security. That leaves college savings in the cold.

Phone shipments in the quarter ending in June could decline 20% or 25% year-over-year because of reduced demand stemming from the Covid-19 coronavirus pandemic, top analyst predicts.

The AG's office will explore how Charter managed employees during the crisis after reports that it unnecessarily required in-person work.

Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.

Those that have received Paycheck Protection Program relief designed for small business include publicly traded firms with thousands of employees.

"We're in for a long, U-shaped recovery in the United States as a whole," the former central bank officials told CNBC.

He said the stockpile will be filled with locally produced face shields, surgical gowns, test kits and ventilators and the city will also buy equipment from elsewhere as needed.

Global health officials question if antibody testing can accurately determine whether a person has any immunity to the disease.

For weeks, the mortgage industry has been crying for help while being left on the hook to pay for much of the government's mortgage bailout. Now they're getting some relief.

Georgia's move came amid a wave of announcements mostly by Republican governors about how states will reopen their economies.

These sales figures are based on closings that represent contracts signed mostly in late January and February, before the coronavirus shut down so much of the economy.

Health experts say there needs to be much more Covid-19 testing to better monitor the spread of coronavirus as states seek to reopen businesses and social settings.

A plunge in fuel prices will only hurt demand for new planes, analysts say.

HBO Max is set to debut with 10,000 hours of content. It's one of the latest to join the crowded streaming market, with the recent launch of Disney+ and Comcast's Peacock set to launch broadly on July 15.

Microsoft has been significantly expanding its health-care vertical, as the sector represents a major growth opportunity for its cloud business.

The coronavirus pandemic continues to take its toll on the global auto industry as plants remain shuttered and consumers remain sheltered.

Two ETF analysts break down the action in the United States Oil Fund (USO), which has seen outsized trading volumes in recent days.

Treasury yields fell on Tuesday as a stunning drop in oil prices raised concern about the global economy.