Economist Mohamed El-Erian said the sell "everything" moment for investors has passed, but he cautioned against rushing into stock indexes because he believes more volatility is ahead.
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 737,000 people across the globe.
Facebook pledged $100 million in financing and ad spending to support news organizations, including local publishers in the U.S., reeling from pressure due to the coronavirus pandemic.
There had been talk of switching the Olympics to spring, a move that would coincide with the blooming of Japan's famous cherry blossoms. But it would also clash with European soccer and North American sports leagues.
Companies such as ADP, Fiserv, Green Dot and others are rolling out pay cards and virtual bank accounts to allow workers to take out pay they've already earned whenever they need it instead of waiting weeks for their next payday,
While the rest of Europe imposes severe restrictions on public life and closes borders and businesses, Sweden is taking a more relaxed approach to the coronavirus outbreak.
U.S. airlines and the Department of Transportation may soon have to consider consolidating service to dozens of cities around the country in a bid to help carriers cut losses, several airline industry executives told CNBC.
Restrictive measures on every day life in the U.K. could last for months, government officials warned Sunday, as the country enters only its second week of national lockdown.
The oil market is facing a "double crisis" with a collapse in the OPEC+ alliance affecting supply and the slowdown in the world economy crushing demand, oil guru Dan Yergin said this week.