CNBC Business

The WHO has declared the outbreak a global health emergency, with almost 60 countries reporting cases of the coronavirus.

New York officials confirmed on Sunday the state's first infection.

Many Americans fear the coronavirus outbreak could prevent them from working and getting paid. Here's how to kickstart an emergency fund.

The Minneapolis-based retailer said executives will have a webcast on Tuesday morning instead.

Shoppers lined up in throngs at Costco stores across the country this weekend, stocking up on cases of water, trail mix, paper towels and other essentials in bulk, amid the deadly coronavirus outbreak.

"To me this is another indication that the president and the White House are finally aware of the gravity of the situation," former FEMA official Michael Coen told NBC News.

"Unless the Fed can create a vaccine or beat the virus, then it really doesn't matter," CNBC's Jim Cramer said Monday.

The European Central Bank has become the latest to hint at monetary policy action in a bid to mitigate the potential economic fallout from the coronavirus outbreak.

New York officials confirmed on Sunday its first coronavirus case, a woman who recently traveled to Iran and is currently isolated in her home.

Auto companies have established task forces and war rooms to monitor and combat the coronavirus from impacting their manufacturing, supply chains and employees.

World Health Organization officials are holding a press conference Monday to update the public on the coronavirus outbreak, which has infected more that 89,100 people and killed at least 3,040 across the world.

Italy is dealing with its most major national public health disaster in modern times.

Wendy's is betting that breakfast will eventually account for 10% of its U.S. sales.

The EU's disease prevention agency raised the bloc's risk level to high on Monday, up from moderate, as the coronavirus continues to spread.

The Stoxx Europe 600 lost almost 12% last week to post its worst five-day run since the financial crisis in 2008. However, two of the 600 companies listed on the European blue chip benchmark emerged in the black.

The U.S. Department of Health and Human Services confirmed on Sunday that it is investigating a manufacturing defect in some initial coronavirus test kits that prompted some states to seek emergency approval to use their own test kits.

The fact that Iran reported deaths on the same day as its first infections right before its parliamentary elections "can compel anyone" that there has been a cover-up, said Asif Shuja from the National University of Singapore's Middle East Institute.

Seoul City Mayor Park Won-soon said he was suing the Shincheonji leaders "for murder, injury and violation of prevention and management of infectious diseases."

"The window of opportunity for containing it is narrowing... We need to preparing side by side for a pandemic," Ghebreyesus told CNBC.

The Caixin/Markit Manufacturing PMI showed China's factory activity slumped in February, coming in at 40.3 — the lowest reading since the survey was launched.