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Hedge fund founded by Boaz Weinstein profits as high-yield bond prices slump
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Over 600,000 Coronavirus Cases Worldwide: Live Updates The New York Times
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15 More People in North Dakota Test Positive for COVID-19 Valley News LiveNorth Dakota's first death from coronavirus reported in Cass County INFORUMNorth Dakota has first COVID-19 death; governor closes hair salons, tattoo shops Bismarck TribuneBurgum to discuss COVID-19, other topics during briefing at 4:00 p.m. KX NEWSGov. Burgum signs a pair of executive orders Friday KFYR-TV
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 Use the money to pay bills, pay down your HELOC, or simply to get through the pandemic.
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 President Trump's Friday fracas over ventilators caught GM completely off guard, people familiar with the matter told Bloomberg. By the evening, he dredged up an old grudge, taking another shot at GM for closing its Lordstown plant in Ohio.
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Three months into the pandemic, here is what we know about the coronavirus The Washington PostScientists Find Strains of Coronaviruses Closely Related to COVID-19 virus in Pangolins NewsweekNot wearing masks to protect against coronavirus is a 'big mistake,' top Chinese scientist says Science MagazineHow long does coronavirus live on surfaces? Experts explain World Economic Forum
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BTS could potentially bank more than $1.1 billion dollars by moving its coronavirus-delayed North American tour to online only.
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Entrepreneurs need to think differently about how their operate their businesses during this unprecedented time. Learn the top 10 must-do's on how to pivot your business during a crisis.
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The online payments company only expects a moderate deceleration in the first quarter.
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These stocks have soared while the overall market tanked. But are they buys?
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Service sector jobs got slammed early in the coronavirus crisis, now it's tech, legal and other professionals reporting layoffs, pay cuts and furloughs.
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The sell-off offers a stinging reminder that the government's $2 trillion rescue package won't blunt investor anxiety just yet.
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Time will tell if this $2 trillion injection, known as the CARES Act, will deliver CNBCWhat's in the $2.2 trillion coronavirus relief bill for you Mercury NewsCoronavirus Stimulus Package: What's in It for You U.S News & World Report MoneyUnemployed workers could get more than 100% of their paycheck under the coronavirus bill CNBC
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Things could still get worse in the markets, and that's why now may be a good time to load up on these stocks.
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New York governor Andrew Cuomo provides a coronavirus update - watch live Guardian NewsFACT CHECK: N.Y. Governor Slams Trump Ventilator Claim As 'Ignorant' And 'Uninformed' NPRNew York delays presidential primary Los Angeles TimesTough Love From Andrew Cuomo The New York TimesNew York Daily news readers' letters, March 28, 2020
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Check out these insights from the ridesharing giant.
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China's top search engine faces an uphill battle, but its growth could improve in the second half of the year.
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Urn deliveries in Wuhan raise questions about China's actual coronavirus death toll Fox NewsSome Recovered Coronavirus Patients In Wuhan Are Testing Positive Again : Goats and Soda NPRShipments of urns in Wuhan raise questions about China's coronavirus reporting New York Post Wuhan, the Chinese city where coronavirus began, starts easing restrictions after two months of quarantine Fox NewsCoronavirus Crisis Awakens a Sleeping Giant: China's Youth The New York Times
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Old Laptop, Tablet or Phone? Here's How They Can Help You Right Now The Wall Street Journal
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The COVID-19 pandemic has forced every U.S. airline to make deep schedule cuts. But these four airlines have been more aggressive than peers when it comes to chopping money-losing flights.
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General Motors Co. got sideswiped by a series of tweets from President Donald Trump, who criticized the auto maker for not providing the ventilators that it said it would.
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 BlackRock, the massive asset manager tapped to manage the Federal Reserve's bond purchase stimulus program, will charge no fee, according to a term sheet released late Friday. BlackRock will also credit back the value of all underlying fees and income that it earns on its own exchange-traded funds within the program. "Net fees for BlackRock, including the value of the credit, shall be made public on a regular basis," the term sheet said. The company also pledged to "treat BlackRock-sponsored ETFs on the same neutral footing as third-party ETFs." The terms came after some criticism was directed at the Fed for giving the contract to a well-connected Wall Street firm.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Would everyone wearing face masks help us slow the pandemic? Science MagazineMore Americans Should Probably Wear Masks for Protection The New York TimesConfinement, week #2: An empty Paris, police controls and homemade face masks FRANCE 24 EnglishAs Face Mask Supply Dwindles, Fashion Designers Offer Their Assistance Smithsonian.comFace masks will keep uninfected safe? Coronavirus fact vs. fiction CBS 17View Full Coverage on Google News
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Shipments of urns in Wuhan raise questions about China's coronavirus reporting New York Post Some Recovered Coronavirus Patients In Wuhan Are Testing Positive Again : Goats and Soda NPRWuhan eases quarantine as coronavirus cases in US pass 100,000 Getaka.co.inShrimp vendor at Wuhan market may be coronavirus 'patient zero' New York Post
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The FDA has approved a COVID-19 test that can provide results while patients wait.
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The restaurant chain is a tech leader within the food services industry and weathering the COVID-19 crisis well.
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'A game changer': FDA authorizes Abbott Labs' portable, 5-minute coronavirus test the size of a toaster USA TODAYAbbott coronavirus test approved by FDA, could deliver results in 15 minutes KABC-TVFDA authorizes 15-minute coronavirus test CNNAbbott wins U.S. approval for test that can detect coronavirus in minutes Yahoo NewsHow It Works: Portable Coronavirus Testing Abbott
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This is CNBC's 24-hour blog covering all the latest news on the coronavirus outbreak.
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France's strict stay-at-home, nationwide lockdown has been extended until at least mid-April. This as the French coronavirus toll snowballs, with a third more cases and almost double the deaths within a few days. Many fear the travel ban, confining most people to their homes, could continue weeks.
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Global coronavirus cases surged past 600,000 on Saturday, with deaths exceeding 28,680.
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 Coronavirus update: 615,519 cases and 28,717 deaths; in U.S., 104,860 and 1,711
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The question investors must now ask themselves is whether or not the market has already hit the bottom of this bear market, or whether investors should prepare themselves for worse to come.
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 (Bloomberg) -- Global cases of coronavirus surpassed 600,000 and the U.S. became the first country to reach 100,000 infections. Spain reported a second consecutive day of record deaths as the pandemic shows no signs of abating.Japan's Prime Minister Shinzo Abe said the country will extend stimulus on an "unprecedented scale." China also signaled it is preparing larger-scale stimulus to counter the economic fallout.Key Developments:Cases top 607,000; 28,000 dead, 132,000 recovered: Johns HopkinsSpain reports 832 deaths, exceeding Friday's recordTrump uses federal law to order GM to make ventilatorsJapan plans cash handouts, supplementary budgetChina signals ramped-up stimulus, says all 54 new virus cases on March 27 are importedU.S. cases exceed 104,000, more than Italy, ChinaSubscribe to a daily update on the virus from Bloomberg's Prognosis team here.Click VRUS on the terminal for news and data on the coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here. For BNEF's view of the impact on energy, click here.Spain's Deadliest Day (6:42 a.m. NY)Spain said 832 people died from coronavirus in the last 24 hours, its deadliest day since the outbreak began. That brings total fatalities to 5,690 after the country recorded 769 deaths on Friday.Health Minister Salvador Illa warned on Friday that the pandemic has yet to reach its peak in Spain.Germany to Stay Locked Down (6:37 a.m. NY)German Chancellor Angela Merkel said the country'
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 The growing number of coronavirus cases is worrying many public health experts, including NYU Langone Health Assistant Professor Alison Bateman-House.
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Deluxe invented the checkbook 100 years ago, but today it is operating at the center of the coronavirus crisis as a small business ally and potential government stimulus check distributor.
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Insurance premiums could spike as much as 40 percent next year, a new analysis warns, as employers and insurers confront the projected tens of billions of dollars in additional costs of treating coronavirus patients.
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New York may be weeks away from reaching a peak in coronavirus cases. Now other states are preparing for surges CNNU.S. coronavirus cases surpass 100,000 as doctors cope with medical shortages Reuters UKUS coronavirus cases reach more than 101,000 as reported deaths hit new daily high CNNCoronavirus Cases, Concentrated on the Coasts, Now Threaten America's Middle The New York Times
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 (Bloomberg) -- There are few corners of the global financial market that have been upended as spectacularly, or as oddly, by the coronavirus pandemic as gold trading.Not only are prices swinging in an erratic fashion -- surging one moment and crashing the next -- that is undermining the metal's vaunted status as a haven in times of crisis, but unprecedented logistical disruptions have also kicked off a frantic hunt for actual bars of gold.At the center of it all are a small band of traders who for years had cashed in on what had always been a sure-fire bet: shorting gold in the futures market. Usually, they'd ride the trade out till the end of the contract when they'd have a couple of options to get out without marking much, if any, loss.But the virus, and the global economic collapse that it's sparking, have created such extreme price distortions that those easy-exit options disappeared on them. Which means that they suddenly faced the threat of having to deliver actual gold bars to the buyers of the contract upon maturity.It's at this point that things get really bad for the short-sellers.To make good on maturing contracts, they'd have to move actual gold from various locations. But with the virus shutting down air travel across the globe, procuring a flight to transport the metal became nearly impossible.If they somehow managed to get a flight, there was another major problem. Futures contracts in New York are based on 100-ounce bullion bars. The gold that's rushed in from abroad is almost always a different size.The short-seller need
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 Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
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Fox Corp.'s business channel said it parted ways with host Trish Regan, who was taken off the air two weeks ago after she dismissed concerns over the coronavirus pandemic as "impeachment all over again."
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Instacart workers who deliver groceries announced a strike demanding covid-19 protections, a better default tip and hazard pay.
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 Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed. U.S. stocks deepened their losses late in the session, even after the House of Representatives approved a $2.2 trillion aid package - the largest in American history - to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies.
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Cuomo threatens to reject $6.7B in federal aid in favor of Medicaid redesign POLITICOCuomo: Not sure if closing all businesses, keeping everyone home was 'the best public health strategy' Fox NewsFACT CHECK: N.Y. Governor Slams Trump Ventilator Claim As 'Ignorant' And 'Uninformed' NPRTough Love From Andrew Cuomo The New York Times
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Coronavirus: Trump orders 'time wasting' General Motors to make ventilators BBC NewsTrump enacts the Defense Production Act to build more ventilators Fox NewsGM put on blast by president over ventilators FOX 2 DetroitWhy the Defense Production Act won't get us ventilators any faster The Washington PostIn reversal, Trump uses Defense Production Act to force GM to make ventilators Yahoo Parenting
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Airlines have warned they expect travel demand to remain weak. United, Delta say that would require a smaller workforce to match.
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The COVID-19 coronavirus pandemic is disrupting the U.S. housing market.
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 U.S. stocks pulled back Friday following three straight days of gains as the House approved a massive coronavirus relief package for the U.S. economy.
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Live updates on stock market and business news during the coronavirus outbreak.
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 Mexican plastic pipe and
chemicals company Orbia Advance Corporation said on
Friday it drew down $1 billion from its revolving credit line.
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United Airlines Inc. said Friday it won't furlough its employees or cut their pay after lawmakers approved the $2 trillion bailout to respond to the economic fallout of the novel coronavirus, including the pandemic's impact on air travel, but said a smaller workforce is possible if the demand rebound is slow. "The impact of COVID-19 on demand for air travel has been dramatic and unprecedented -- far worse than even the aftermath of 9/11," United Chief Executive Oscar Munoz said in a memo to United's nearly 100,000 employees. "United will not conduct involuntary furloughs or pay cuts in the U.S. before September 30th," the memo said. Virtually all airlines have announced schedule and capacity cuts, hiring freezes, and cost-cutting measures as the outbreak worsened and flying slowed to a trickle. United said Friday it expects to make further schedule cuts for May and June. Demand is likely "to remain suppressed for months after that, possibly into next year," the company said. "If the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today." Shares of United have lost nearly 60% in the last 12 months, compared with losses around 8% for the S&P 500 index. President Donald Trump was expected to sign the stimulus package legislation later on Friday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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U.S. households are being mailed a version of the COVID-19 guidelines released two weeks ago by the White House Coronavirus Task Force — and the guidelines are specifically called "President Trump's."
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