Category: Business

Image copyright Getty Images The US economy suffered its most severe contraction in more than a decade in the first quarter of the year, as…

View More Coronavirus: US economy shrinks at fastest rate since 2008

Remember how the mundane act of having a plan for something became, over the course of that bygone era known as “2019,” a campaign motto, a meme…

View More Don’t Leave America’s Post-Pandemic Energy Policy to Chance

Gilead did not provide specifics or characterize the results in the brief statement. NIAID confirmed it planned an announcement later Wednesday at a briefing by…

View More Coronavirus drug remdesivir shows some benefit in early results

Narendra Modi, India’s prime minister, right, and Xi Jinping, China’s president. Graham Crouch/Bloomberg As the ongoing coronavirus pandemic roil stock markets around the world, including…

View More Why Does India Have One Wary Eye On Investments From China?

An employee works near a Boeing 737 Max aircraft at Boeing’s 737 Max production facility in Renton, Washington, U.S. December 16, 2019. Lindsey Wasson |…

View More Boeing (BA) earnings Q1 2020: $641 million loss

Image copyright Newscast Next has set out plans to reopen its shops after any easing of lockdown measures. The fashion retailer will prioritise larger, out-of-town…

View More Coronavirus: Next details reopening plan amid t-shirt glut

But Trump has stopped short of signing the measure. Several of Trump’s confidants, including Treasury Secretary Steven Mnuchin, have voiced reservations about embracing’s Navarro strategy,…

View More White House aides torn over trade hawk’s proposal as President Trump weighs action on…

Rulings on campaign finance cases by the U.S.Supreme Court in Washington D.C., are directly … [+] correlated to the rising income inequality in the country.…

View More Rising Income Inequality Is Direct Result Of Campaign Finance Cases

Elias Kordelakos photography | Flickr | Getty Images Italy’s credit rating has been downgraded to one notch above junk level by Fitch ratings agency as…

View More Fitch downgrades Italy’s credit rating to one notch above junk

Image copyright Getty Images Coronavirus will hasten the decline in the use of cash as people make a long-term switch to digital payments, experts say.…

View More Coronavirus ‘will hasten the decline of cash’

This problem has been building since mid-March, but it appears to have hit a critical point this week. On Sunday, Tyson Foods, the country’s second-largest…

View More FAQ: What consumers need to know about the meat industry right now

There is one bright spot though: memory chips. Samsung is the largest maker of both dynamic random-access memory and NAND flash. The former is used…

View More Netflix Binges Are Just Fine With Samsung

A woman wearing a face mask walks past a Huawei shop on a street in Beijing on April 22, 2020. NICOLAS ASFOURI/AFP via Getty Images…

View More China Is No Longer Huawei’s Panacea Amid Coronavirus, U.S. Blacklist

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global…

View More China numbers; US cases top 1 million