CNBC Top Stories

In a rare move, the Fed slashed rates by half a percentage point. That will have far-reaching consequences for everyday Americans.

Stephen Roach, who served as Morgan Stanley's chief economist, said that the U.S. government's response to the outbreak has been "flailing" and that it needed to make investments in public health.

The homebuilders' ETF (ITB) is near the high of the session, up almost 2.3% and 6.2% this week.

Customers in Philadelphia, Pennsylvania; Phoenix, Arizona; Orlando, Florida and Dallas, Texas now have access to receive up to 3 million items more quickly.

A bipartisan bill introduced Monday outlines steps e-commerce platforms must take to prevent the sale of counterfeits third-party sellers on their platforms.

Improvements to the markets have helped them perform better this time than in other turbulent periods, the SEC's Brett Redfearn said.

Flight attendants are seeking more protection against coronavirus as the virus spreads.

Besides those confirmed to have died, a number of people are missing, officials said. At least 45 buildings collapsed in Nashville.

WHO will likely deem COVID-19 a global pandemic once sustained person-to-person spread takes hold outside China, a CDC official says.

One options trader is betting on a solid gold rally for the yellow metal into late spring.

"The magnitude and persistence of the overall effect on the U.S. economy remain highly uncertain and the situation remains a fluid one," he said.

These are the stocks posting the largest moves in midday trading.

Foxconn told investors it has already returned to 50% of "seasonal required capacity."

Bank stocks sold off in unison on Tuesday on concerns lower rates would hit lending margins.

Kohl's called out the women's category as one of its biggest weaknesses during the quarter.

Federal Reserve Chair Jerome Powell is holding a brief news conference following the surprise rate cut on Tuesday.

DAZN CEO John Skipper is making a big move to take on ESPN+, which he ran until 2017. Skipper announced that the streaming sports service will expand to more than 200 markets around the world ahead of a May 2 boxing match with Canelo Alvarez.

The worst might not yet be over in this sell-off, according to Oppenheimer's Ari Wald. Here's why.

A man north of New York City is hospitalized with the COVID-19 virus, the second confirmed case in the state, Gov. Andrew Cuomo said Tuesday.

"We reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks," the G-7 statement said.