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As the coronavirus outbreak threatens to bring U.S. economic activity to a grinding halt, American businesses are jockeying for a financial lifeline from the administration of President Donald Trump.

Preparations to shut down much of the U.K. appear to be in place with all schools set to close on Friday and public transport closures introduced in London.

Italy's lockdown is set to be extended beyond current end-date of April 3, the country's prime minister has said as Italy's death toll rises at a record rate.

Many major investors are selling everything from stocks to bonds to gold in order to raise U.S. dollars.

Copper prices have crashed in recent days amid growing panic over the impact of the coronavirus, and the metal's reputation as a barometer for the global economy means analysts are looking to see if it has further to fall.

It marks the first known case of a worker at a U.S. Amazon warehouse testing positive for COVID-19.

The new Money Market Mutual Liquidity Fund will provide loans to financial institutions to buy assets from prime money market funds.

President Donald Trump on Wednesday signed a $100 billion coronavirus aid package into law which includes provisions for emergency paid leave for workers as well as free testing.

"There's actually a return to normalcy and so our plants are fully staffed," Hormel CEO Jim Snee said about business in China.

President Donald Trump last week boastfully signed charts showing big gains on major U.S. stock market indexes after he declared a national emergency over the coronavirus pandemic.

The Fed is throwing all its fire power at markets, but interest rates continue to rise, a troubling sign when the economy looks set to slow.

The recent spike in cases in New York state is due to testing "revealing more cases," Cuomo says. "I think it is much more widespread than any of these numbers suggest."

National Securities' Art Hogan believes cases peaking in Italy would help the market stabilize.

The closure was in part as a result of positive coronavirus tests of two people, Stacey Cunningham, President of the NYSE, told CNBC.

De Blasio, speaking to NY1 local television station, said he had a "very good conversation" with Cuomo.

As of Wednesday, more than 212,000 cases of coronavirus have been reported across the globe, resulting in at least 8,700 deaths.

Starbucks CEO Kevin Johnson defended the company's share buyback program amid the coronavirus pandemic.

One of Weinstein's lawyers told CNBC that they plan to file an appeal of his conviction on July 13, with oral arguments on that appeal expected to take place around six months later.

Sens. Mark Warner and Richard Blumenthal issued a letter to the FTC complaining that Google's ad responses are contributing to the medical mask shortage.

For much of their history, gas stations and convenience stores have been small, often independent businesses. But the industry is quietly undergoing changes brought about by shifts in technology and consumer tastes.