CNBC Top Stories

The price of gold spiked again this week as investors sought surety amid concerns over the coronavirus outbreak, but scammers are also capitalizing on the surge.

The two employees are among the more than 95,000 COVID-19 cases globally.

The U.S. Federal Reserve lowered its benchmark rate by 50 basis points this week — and investors are expecting more.

Especially if you're someone who travels frequently, meeting new people from new places, it feels important to offer some sort of physical gesture. And what's the etiquette for turning down a handshake anyway?

The closures come as San Francisco confirmed its first two cases of COVID-19 Thursday.

Sequoia Capital sent out a memo to founders and CEOs of its portfolio companies about the worsening economic situation on Thursday.

Dimon is recovering after having emergency heart surgery to repair an acute aortic dissection.

CNBC's Jim Cramer recalled Warren Buffett's iconic long-term investment advice from the 2008 financial crisis and relayed what it means for the market today.

Microsoft's new policy will give normal pay to people who work for third companies but provide services like bus rides for Microsoft employees.

Performance technology company Hyperice announced it acquired NormaTec, makers of a popular leg recovery system used by professional athletes.

As of Thursday, more than 95,700 cases of coronavirus have been reported, resulting in at least 3,280 deaths.

Costco reported stronger sales than analysts were expecting Thursday, thanks in part to a boost the company received from consumers stocking up at its stores to prepare for a more widespread outbreak of a new coronavirus.

Gap Inc. has tapped its Old Navy chief Sonia Syngal to be CEO, effective March 23, the company announced Thursday afternoon.

"Apps with information about current medical information need to be submitted by a recognized institution," Apple said in a screenshot seen by CNBC.

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.

Starbucks warned investors on Thursday that store closures in China due to the coronavirus outbreak are likely to result in a 50% decline in its same-store sales in China during its fiscal second quarter.

"9/11 wasn't an economically driven issue for travel. It was more fear, quite frankly, and I think that that's really what's manifested this time," Southwest CEO Gary Kelly said.

The move is the most high-profile example to date of steps banks are taking to protect workers and prevent disruptions amid the coronavirus outbreak.

Check out the companies making headlines after the bell.

Thursday's slump comes after days of wild swings on Wall Street, which saw the Dow moving 1,000 points or higher twice in three days.