There's not much monetary policy can do to save the global economy — especially when some major central banks have already cut interest rates into the negative territory, economists say.
The Japanese government played down speculation over whether the Tokyo Summer Olympics will take place as planned, as the country's coronavirus cases topped 1,000.
U.S. health officials leading the coronavirus response were grilled Tuesday in a hearing on the outbreak held by the Senate Committee on Health, Education, Labor and Pensions.
Bed Bath & Beyond has tapped Walgreens' Chief Merchandising Officer Joe Hartsig to become its chief merchant, CNBC has learned, reporting to Chief Executive Mark Tritton.
The National Basketball League has postponed the start of the Basketball Africa League's inaugural season due to concerns surrounding the coronavirus outbreak, BAL president Amadou Gallo Fall said in a statement Tuesday.
CNBC's Jim Cramer revealed three segments of the market he's bullish on, said the Federal Reserve's emergency rate cut was "wrong" and sat down with Chevron CEO Mike Wirth.
"Clearly demand is off with concerns about the coronavirus, and I look forward to seeing what comes out of the meeting," Chevron CEO Mike Wirth told CNBC's Jim Cramer.
"The problem here is that we have a public health crisis that could do real damage to vast swaths of the economy. A rate cut doesn't change that," the "Mad Money" host said.
Technical indicators "suggest that some stocks might be safer to pick at here, like Apple, but the broader S&P 500 might not be out of the woods yet," Jim Cramer said.
Ford will release an all-electric version of its popular Transit cargo van as early as next year under its plan to spend $11.5 billion on vehicle electrification through 2022.
"How quickly that can be deployed will depend on some of the early data that we have, some animal data, what we will see in patients," Regeneron CEO Leonard Schleifer told CNBC.
The lawsuit against The Washington Post came a week after President Donald Trump's campaign sued The New York Times for defamation in connection with an op-ed entited "The Real Trump-Russia Quid Pro Quo."