CNBC Business

Financial advisor Ivory Johnson, founder of Delancey Wealth Management and a member of the CNBC FA Council, writes this was all bound to happen sooner or later, and that any good thief will steal from anyone he can get his hands on, if he can get away with it time and time again.

Brazilian media said Bolsonaro has canceled all his official activities until he gets the results of his test for Covid-19.

The coronavirus has infected more than 11.63 million people around the world as of Monday, killing at least 538,395 people.

A U.S. appeals court on Monday denied General Motors' petition to remove a lower court judge from its racketeering lawsuit against Fiat Chrysler Automobiles (FCA), but said the companies' heads need not meet to settle the issue.

Restaurants were among the biggest recipients of the Paycheck Protection Program, a key component of the government's response to the economic impact of the coronavirus pandemic.

Patrick Mahomes new deal with the Chiefs is tied for the biggest deal in sports history.

Over the Fourth of July holiday weekend, Florida and Texas faced a surge of cases, leaving state and local governments struggling to gain the upper hand in containment efforts.

P.F. Chang's, Ruby Tuesday, T.G.I. Friday's and Five Guys are among the companies that received millions in PPP loans.

Fauci has previously said there's a chance a coronavirus vaccine might not provide long-term immunity.

The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago, White House health advisor Dr. Anthony Fauci said.

"When people are buying up food, then you throw out $100,000 worth of food, it's the end of you," Junior's Cheesecake owner Alan Rosen told CNBC.

Nevada Gov. Steve Sisolak is threatening swift, decisive action against rule-flouters. Casinos are cracking down internally, warning employees will be fired for failing to follow regulations.

Over the past two weeks retail traffic declines have accelerated, according to data from ShopperTrak, as Covid-19 cases surge nationwide, with hot spots in states including Florida and Texas.

For many businesses, the government's PPP loans offered terms that were too good to pass up. That includes many wealth management firms across the country, according to government data. But whether those firms should have taken those loans is the subject of controversy.

Harvard University is inviting some students to campus this fall but teaching all classes online and keeping tuition for the 2020-2021 academic year at $49,653.

Danny Altmann, professor of immunology at Imperial College London, said it was not a "safe bet" to rely on immunity to Covid-19 as a strategy for coping with the pandemic.

Bubba Wallace, the only Black full-time driver on the NASCAR circuit, has been an outspoken critic of Confederate symbols.

"Do one simple thing: Acknowledge to the American people that Covid exists. It is a major problem," Gov. Andrew Cuomo said in challenging Trump.

"I can't make an accurate prediction but it's going to be very disturbing," Fauci told senators at a hearing held by the Senate Health, Education, Labor and Pensions Committee.

New York Gov. Andrew Cuomo is holding a news conference Monday as the state continues to push forward with its reopening.