Elevated U.S. tariffs on China are an added pressure on retailers at a time the new coronavirus is spreading globally, said Steve Lamar of the American Apparel and Footwear Association.
American Airlines is suspending pilot hiring as the rapid spread of coronavirus hurts, according to a note from the company, the latest measure by a major carrier to stem the pain of the coronavirus travel slump.
The U.S. travel and tourism industry could lose at least $24 billion in foreign spending this year because of the rapidly spreading coronavirus, according to data produced by Tourism Economics and first seen by CNBC.
The Dow Jones Industrial average fell into bear market territory Wednesday, and some analysts see a decline of another 10% or more before the selling subsides.
CNBC's Jim Cramer explained what he thinks it will take to quell the spread of the coronavirus in the U.S. The "Mad Money" host broke down how the banks will take a hit from the pandemic.
If coronavirus infections decline and Congress passes a fiscal stimulus package, Invesco's Kristina Hooper says, stocks will make a sustainable comeback.
Amazon Care has offered Bill & Melinda Gates Foundation its assistance with a project that aims to provide kits to Seattle residents who suspect they have symptoms of the COVID-19 coronavirus.
Steven Mnuchin, Treasury Secretary, is recommending the Trump Administration give taxpayers a reprieve on the April 15 tax deadline. Want certainty? Ask for an extension if you need it.
Three service members were killed, including two Americans, and a dozen more were injured when a barrage of rockets were fired at a military base in Iraq, U.S. officials said Wednesday.
NCAA president Mark Emmert announced the Division I men's and women's basketball tournament will be played without fans due to the coronavirus outbreak.