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Layoffs associated with the coronavirus pandemic have hit lower-income workers much more than those at the highest end of the pay scale.

A federal judge on Wednesday threw out a racketeering lawsuit General Motors Co had filed against rival Fiat Chrysler Automobiles NV.

Secretary of State Mike Pompeo and President Trump have both said the U.S is "looking at" banning the Chinese-owned TikTok.

Alexander Vindman's lawyer alleges that after testifying in the impeachment saga, the colonel was bullied by Trump and his proxies and that "his future within the institution he has dutifully served will forever be limited."

Travel during the July 4 weekend was busier than predicted, but states' Covid-19 infection rates impacted whether they saw increases or decreases in activity over the Independence Day holiday.

A former employee of Starboard Group, a large Wendy's operator, alleges that the franchisee's chief executive diverted $1 million in Paycheck Protection Program loans to finance his home in Montana.

New Jersey Gov. Phil Murphy ordered people to wear face coverings outdoors when social distancing is not possible.

The Supreme Court voted 7-2 to uphold the Trump administration;'s policy to allow employers with sincere moral or religious objections to deny employees access to free contraceptive coverage.

The new policy could help consumers track down third-party sellers who've sold counterfeit or unsafe goods.

New York Gov. Andrew Cuomo blasted President Donald Trump on Wednesday for pressuring state officials to reopen schools this fall, saying the federal government doesn't have any authority over the matter.

The 202-year-old retailer has dressed U.S. presidents and countless investment bankers.

The district, which has 1.1 million students, will use a combination of in-person class and remote learning, the mayor said.

This is CNBC's live blog covering the latest market-moving news. Here's what's happening on Wednesday.

As coronavirus cases surge across the United States, data from navigation app Apple Maps shows a slowdown in requests for driving directions.

Companies struggling to get through the pandemic slashed the amount of money they returned to shareholders through dividends in the second quarter.

Shares of Twitter jumped more than 11.5% in afternoon trading Wednesday after the company posted a job listing saying it was launching a subscription platform under the code name "Gryphon."

Apparel brand Brooks Brothers filed for bankruptcy Wednesday, as the coronavirus pandemic claimed another storied retail brand. The retailer began in 1818 and prided itself on dressing 40 U.S. presidents. Early to the office-casual look, it became known for its button-down oxford shirts and sports jackers. But rent had become a burden, and the pandemic torpedoed a sale process that began in 2019.

The recent surge in the spread of the coronavirus in California is hitting younger people harder than the initial outbreak earlier this year, according to the latest data from the California Department of Public Health. Like many states, California is seeing a resurgence of new coronavirus cases in recent weeks. Confirmed cases have more than doubled in the last month, according to the latest data from Johns Hopkins University.

The Direxion Work From Home ETF (WFH) capitalizes on popular stocks benefiting from a stay-at-home society and up-and-coming players that could see growth for years to come, says David Mazza, the firm's head of product.

Check out the companies making headlines in midday trading.