Latest News on private equities market

"Can you imagine what it means for this country to just have three retailers?" CNBC's Jim Cramer said.

New York City businesses are struggling to make money and retain workers as the coronavirus continues to inflict economic pain.

President Donald Trump ordered the IRS federal income tax filing extension to help deal with the coronavirus pandemic's economic fallout, Treasury Secretary Steven Mnuchin said.

CNBC's Jim Cramer said Friday the coronavirus-slammed stock market is due for bounce because there has been so much selling in recent weeks.

Swedish retailer H&M has sent notice of temporary lay-offs to 2,000 employees in Norway due to the coronavirus outbreak, Norwegian business daily Dagens Naeringsliv reported on Thursday, citing the head of the Norwegian business.

China's aviation regulator has asked airlines to cut international flights and ordered some Beijing ones to be rerouted, as the country grapples with a rising number of imported coronavirus cases, especially in the capital.

By Barbara Goldberg, Nate Raymond, Jessica Resnick-Ault and Lucy Nicholson

The unemployment insurance program in the U.S. won't help enough workers absent some sort of government intervention, according to experts.

Sen. John Thune, R-S.D., among others, has proposed legislation that would give taxpayers 90 more days to file their 2019 returns. While the Treasury has given people more time to pay, returns are still expected to be submitted by April 15.

The Federal Reserve on Wednesday announced a move that's aimed at shoring up "prime" money market funds and keeping cash flowing in the U.S. financial system. Here's what that means for account holders.

The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sectors laid off workers because of the coronavirus pandemic.

United Nations Secretary-General Antonio Guterres warned on Thursday that a global recession "is a near certainty" and current national responses to the coronavirus pandemic "will not address the global scale and complexity of the crisis."

Walt Disney Co , JPMorgan Chase & Co and United Parcel Service Inc were among seven major U.S. companies that accepted a big rise in their borrowing costs to issue bonds on Thursday, as the coronavirus outbreak roiled credit markets.

The spread of the coronavirus will have a short-lived, drastic impact on Armenia's economy, Economy Minister Tigran Khachatryan said on Thursday.

Governments must urgently consider providing aid to airlines in the Middle East to help them cope with a liquidity crisis due the coronavirus outbreak, the International Air Transport Association (IATA) said on Thursday.