A preliminary survey of New York state residents found that nearly 14% of those tested had antibodies against the novel coronavirus, suggesting that some 2.7 million may already have been infected, Governor Andrew Cuomo said on Thursday.
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 828,441 cases of the novel coronavirus, an increase of 25,858 from its previous count, and said the number of deaths had risen by 1,804 to 46,379.
The U.S. House of Representatives looked poised to pass a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion.
There is "substantial doubt" about Avianca Holdings' ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the conclusion of its financial auditors.
The bill, which aims to boost small businesses and hospitals and expand testing, is set to become law in the coming hours with Trump's signature.
The S&P 500 ended marginally lower on Thursday after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial, denting earlier optimism that the impact of the pandemic on the labor market was nearing an end.
U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters.
Yes, Uncle Sam gave you more time to pay those 2019 taxes and submit last year's returns. However, there's no reprieve for people who owe from 2018 and 2017 -- and those sums are accruing interest.
Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there's no money to buy summer clothing, and rent and staff salaries still need paying.
A stunning 26.5 million Americans have sought unemployment benefits over the last five weeks, confirming that all the jobs gained during the longest employment boom in U.S. history have been wiped out as the novel coronavirus savages the economy.
The Omega Family Office chairman and CEO said on CNBC's "Squawk Box" that taxes will need to go up regardless of who wins the upcoming presidential election.
Jaguar Land Rover (JLR) will restart some production in Europe from May 18, including at one of its three British car plants and its factory in Slovakia, where the new Defender vehicle is being made.
Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.
Most major stock markets edged up slightly in mixed markets on Thursday as investors weighed a rebound in oil prices and prospects for further government stimulus against stark economic data showing the toll of the coronavirus pandemic.
Air France-KLM Chief Executive Ben Smith will give up his 2020 bonus, the airline group said on Thursday as it negotiates financial aid from the French and Dutch governments.