Facebook has introduced new paid-time off programs that will allow employees to take up to a month away from work to care for sick relatives in light of the coronavirus outbreak.
Mortgage bankers estimate that if a quarter of borrowers are granted loan forbearance for six months or longer, demands on servicers could exceed $75 billion and could climb well above $100 billion. That would easily bankrupt the mortgage finance system.
Members of President Donald Trump's coronavirus task force hold a press briefing Monday at the White House as authorities on the local and state levels continue taking drastic measures to slow the spread of the disease.
Kudlow, Trump's top economic advisor, told CNBC on Feb. 25 that the Trump administration has kept the U.S. "pretty close to airtight" from the coronavirus.
In a unanimous opinion authored by Justice Neil Gorsuch, the top court agreed with Comcast in upholding a high bar for bringing suits under the 1866 Civil Rights Act.
Rhode Island will move its 2020 primary to June 2 from the originally planned April 28 in response to the deadly coronavirus outbreak, Gov. Gina Raimondo announced on Monday.
"No doubt, ideally we would have broader testing, but at the moment, capacities are limited," Roche CEO Severin Schwan said on CNBC's "Squawk Box." "I think this is still a couple of weeks, if not months, out, and the reason is very simple."
Democrats and Republicans continued to negotiate a massive stimulus funding package that failed to get enough votes in a key Senate procedural vote Sunday evening.
Major groups representing U.S. mayors, police and fire chiefs and first responders are urging President Donald Trump to use the Defense Production Act to get them "essential personal protective equipment" quickly to help them respond to the coronavirus pandemic.
The rapid and international dissemination of the warnings shows how false or misleading information can end up in legitimate channels, NBC News reported.
Those in Lake Elsinore City in Riverside County and in Sacramento County can now be screened for the new coronavirus. The effort launched March 15 in San Mateo and Santa Clara counties.
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