As markets careeen amid coronavirus-fueled economic volatility, financial advisors are at the eye of the storm. We asked five members of the CNBC Financial Advisor Council what they're telling clients, whether they're helping them reallocate and how the downturn is impacting their own fortunes.
The United States surpassed Italy on Saturday as the country with the most coronavirus deaths in the world, according to data from Johns Hopkins University.
President Donald Trump approved a disaster declaration for Wyoming on Saturday, which comes 22 days after the first disaster declaration in New York, the epicenter of the coronavirus.
New Jersey Gov. Phil Murphy on Saturday announced an executive order to cut capacity on all transit systems by half, and asked all passengers to wear face coverings.
Staying at home to study abroad? With coronavirus international travel bans, colleges and universities are seeking virtual ways to provide students with overseas experiences.
New York City Mayor Bill de Blasio announced on Saturday that New York City public schools will remain closed for the remainder of the academic year as the coronavirus spreads.
Trying to continue animal rescue efforts and adoptions has become increasingly difficult in the wake of social restrictions due to the Covid-19 outbreak.
Two weeks after Congress approved a $50 Billion bailout of airlines that earmarked carriers receiving $25 Billion in direct cash grants, it turns out those grants could require airlines to take on more debt.
"Despair is very seductive," Senior Rabbi Serge Lippe said. "I think we in the religious leadership community are most afraid of people giving in to despair — and we're trying to raise people's spirits and remind them hope is worth holding onto."
Restaurants are reeling from city- and state-wide initiatives that shut down many dining rooms. Small and independently owned restaurants are facing uncertainty.
Fintech companies have been pushing to be included in the Paycheck Protection Program, saying their tech-focused approach allows them to distribute emergency funds faster than banks.