The oil market is facing a "double crisis" with a collapse in the OPEC+ alliance affecting supply and the slowdown in the world economy crushing demand, oil guru Dan Yergin said this week.
Restrictive measures on every day life in the U.K. could last for months, government officials warned Sunday, as the country enters only its second week of national lockdown.
Sanofi and Regeneron Pharmaceuticals have expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment to patients outside the United States.
Oil prices fell to the lowest in more than 17 years as demand plunged as a result of the pandemic, and an unrelenting price war between Saudi Arabia and Russia showed no signs of easing.
President Donald Trump on Sunday extended the national social distancing guidelines to April 30, walking back his previous remarks that he wanted the country to reopen for business by Easter.
U.S. airlines and the Department of Transportation may soon have to consider consolidating service to dozens of cities around the country in a bid to help carriers cut losses, several airline industry executives told CNBC.
There's been a meme going around the internet pointing out, "Your grandparents were called to war. You're being called to sit on your couch. You can do this."
The insurers said the waiver applies to all medical costs related to the treatment of coronavirus, including FDA-approved medications and vaccines when they become available.
Futures opened lower on Sunday night following sharp gains last week while the number of coronavirus cases in the U.S. keeps rising at an alarming rate.
Drive-through centers have been opening around the country in an attempt to provide quicker and safer testing to people as state and local officials grapple with a shortage of coronavirus tests in the U.S.
The governors of Michigan and Louisiana, two emerging hot spots of the coronavirus outbreak, warned Sunday of looming shortages of essential medical supplies as the health crisis worsens.
