CNBC US News

Treasury yields plunged on Wednesday as investors assessed the potential economic fallout from the coronavirus pandemic.

The Empire State Manufacturing Index for April plunged to -78.2, more than twice as bad as expected and more than double the worst during the Great Recession.

Bank of America set aside $3.6 billion to loan-loss reserves in the quarter, following similar actions from JPMorgan Chase and Wells Fargo.

Verily defended its decision to make visitors to the site sign in through a Google account, saying they're used to authenticate users.

Abbott said it plans to distribute 4 million of the new tests by the end of this month, after an initial shipment of 1 million tests this week to U.S. customers.

Researchers at NYU Langone on March 24 launched one of the nation's largest hydroxychloroquine studies and enrolled their first patient 10 days later.

Mortgage rates dropped to the lowest level in the Mortgage Bankers Association's survey, causing yet another rush to refinance.

A week after announcing a $1 billion financing round, Airbnb raised another $1 billion in debt in an effort to pad its balance sheet.

The researchers said they were aware prolonged distancing, even if intermittent, was likely to have "profoundly negative" consequences.

C3 is leasing shuttered restaurants and hiring 1,000 employees for its ghost kitchens in an effort to meet consumer demand for food delivery.

The stocks making the biggest moves in premarket trading also include Procter & Gamble, Canada Goose and UnitedHealth Group.

Even once the stay-at-home order is lifted, Newsom said society won't snap back to normal.

Few mainstream movies spend big budgets on ensuring scientific accuracy, but Steven Soderbergh's 2011 movie "Contagion" had a team of advisors checking everything from the script to the props. CNBC talked to a couple of them to see how the movie holds up in the Covid-19 coronavirus pandemic.

"We have found a way to secure financing. It was costly," Carnival CEO Arnold Donald said Tuesday.

"We're controlling the spread," Cuomo said at a press conference in Albany. "The worst can be over, and is over, unless we do something reckless."

Cisco is committing $2.5 billion to cover financing for the effort.

The following photos highlight some of America's essential workers fighting for health and a stable society.

ER visits across the U.S. are down as Covid-19 has people avoiding hospitals for necessary and emergency care, even for mild heart attacks.

Emily Cunningham and Maren Costa, both designers at Amazon, have repeatedly criticized the company.

The number of deaths is staggering but nonetheless shows that shuttering nonessential businesses and keeping New Yorkers home is helping to curb the Covid-19 outbreak, Gov. Andrew Cuomo said.