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Claims for state unemployment were most concentrated in Hawaii, Pennsylvania, Rhode Island, Washington state and Massachusetts.

Worsening economic data due to the coronavirus shutdown has led the Congressional Budget Office to downgrade its expectations for U.S. economic growth.

Kashkari was an architect of the 2008 Troubled Asset Relief Program that aided banks through the Great Recession.

Health officials say air travel is causing viruses and bacteria to spread around the world faster than ever before. Airlines, at the center of the coronavirus epidemic, have come under intense scrutiny over the safety and cleanliness of their cabins. To combat the pandemic, carriers have imposed new safety regulations and are using enhanced cleaning techniques inside their plane cabins. Watch this video to find out more about how airlines clean their planes.

The recovery likely will be more U-shaped as consumers struggle to recover from an economic near-stoppage, Dallas Fed President Robert Kaplan told CNBC

"You look good. You sound good," New York Gov. Andrew Cuomo told his younger brother, CNN anchor Chris Cuomo, during a press conference on the coronavirus pandemic.

Gig economy companies have played a key part in social distancing measures, but investor Jim Chanos said their models could leave them open to problems.

The big question is what prices will look like when the market starts to recover — either in summer or fall.

Check out the companies making headlines in midday trading on Thursday.

Jim Chanos said on Thursday that he is still "maximum short" Tesla, even after the electric automaker's stock fell dramatically in the past month.

As job losses mount into the millions, laid-off workers increasingly can't make the rent, and small landlords are left holding the bag.

Collins' postponement is the latest example of disparities in how the coronavirus pandemic is being handled by the criminal justice system in prisons and jails.

"You have to avoid these Chinese companies like the plague," Chanos said. "How many times do investors have to be burned?"

The committee, led by James Clyburn, will oversee the Trump administration's handling of $2 trillion in aid money, Pelosi said.

Amazon is no longer allowing consumers to buy N95 masks and coronavirus diagnostic kits on its site.

The Democratic National Convention, which was set for July, has been delayed until August as the coronavirus continues to spread.

Google will now allow ads from government entities and other organizations making PSAs about the pandemic.

Shopify suspended its full year 2020 guidance due to growing disruptions from the coronavirus pandemic, but said it expects first quarter revenue to be in-line with expectations.

The move comes after warehouse workers, union leaders and elected officials called on Amazon to take greater measures to protect them.

The bond market needs transparency in pricing, said GTS principal Reggie Browne.