CNBC Business

Americans' finances have been battered by the coronavirus pandemic, and now a new threat is emerging: hurricane season. Only 15% of people polled by the American Institute of CPAs have drafted a disaster plan to deal with it.

"Don't start leapfrogging over the recommendations of some of the guidelines because that's really tempting fate and asking for trouble," Fauci says.

New York City is in the process of figuring out when and how to reopen restaurants and bars safely with public health measures, Mayor Bill de Blasio said Wednesday.

New data on the pace of restaurant reservations show that the national decline in bookings is starting to slow.

It remains unclear whether people who have been infected with the coronavirus are at risk of becoming infected again, WHO says.

NASA astronauts Bob Behnken and Doug Hurley are about to strap into SpaceX's Crew Dragon capsule.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 363,800 people across the state as of Wednesday.

CNBC's Jim Cramer said on "Squawk on the Street" that he saw "quicksand" under recent rallies by some stocks, saying high unemployment and the overall economy do not support the moves.

Disney on Wednesday proposed a phased reopening of Walt Disney World's Magic Kingdom and Animal Kingdom on July 11 and Epcot and Hollywood Studios on July 15.

Major League Baseball says the plan is consistent with economic realities facing league due to the Covid-19 pandemic.

Sir Richard Branson has built a global empire and a widely recognized brand through charisma, brains, and sheet guts. But Virgin Group has invested in cruise lines, hotels, and airlines such as Virgin Atlantic, which are all threatened by the coronavirus pandemic.

"I think we'll have to have one more cycle of this virus in the fall, heading into the winter, before we get to a vaccine," the former FDA chief told CNBC on Wednesday.

Papa John's CEO Rob Lynch said that New York City is the chain's fastest-growing market.

Sweden's Foreign Minister Ann Linde said the EU had cautioned against discriminating when opening borders.

The European Commission has unveiled plans for a 750 billion euro ($826.5 billion) recovery fund as the region faces the worst economic crisis since the 1930s.

"In May, for the second straight month, Papa John's team members and franchisees delivered the best sales period in the company's history," CEO Rob Lynch said Wednesday.

Dow futures soar Wednesday as optimism about the reopening of the economy builds.

It's the latest retailer to partner with ThredUp, an e-commerce platform that sells secondhand clothing, shoes and accessories.

Airlines including Delta, JetBlue and United accepted government aid as part of the $2.2 trillion CARES Act, on the condition they don't lay off or cut worker pay rates through Sept. 30.

Federal prosecutors are still investigating stock sales by Sen. Richard Burr in advance of a coronavirus-fueled share price plunge, but are dropping investigations of sales connected to Sens. Kelly Loeffler, Jim Inhofe and Dianne Feinstein.