China reported that its dollar-denominated exports rose but imports fell for the month of April as movement restrictions to contain the coronavirus outbreak eased.
The Turkish currency has been under mounting pressure amid rising inflation, growing unemployment and slow growth — and now, the highest number of coronavirus cases in the region.
With the world already reeling from the economic impact of the coronavirus pandemic, a reignition in U.S.-China trade tensions would be the "the last thing" anyone needs, according to JPMorgan Asset Management's Alexander Treves.
Researchers from the Federal Reserve Bank of New York found that German regions with higher mortality rates from the virus had a higher vote share for the Nazi Party in the elections of 1932 and 1933.
The majority of citizens feel dissatisfied with their leaders' response to the coronavirus outbreak, according to a new report, as countries across the globe have been left grappling with the fallout of the crisis.
The rule is only expected to address Huawei, the people familiar with the matter said, not other listed entities like Chinese video surveillance firm Hikvision.
The president of Chinese ride-hailing firm DiDi, Jean Liu, told CNBC that ride volume has reached 60% to 70% of pre-coronavirus levels and said for the first time that the company's core business was profitable.
Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic.
Morgan Stanley Investment Management's Andrew Harmstone advises investors to keep their portoflio risk level low and maintain a defensive position while looking for opportunities to add value in an environment of "extremely high" volatility.
"We view this as a massive opportunity for us to drive trial and win consumers over into our segment," Beyond Meat CEO Ethan Brown said in a "Mad Money" interview.
Hospitals and physicians around the country are sharply criticizing the federal government for the uneven and opaque way it is distributing its supply of the Covid-19 drug remdesivir.
Shares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter.
Health care professionals are dealing with a bombardment of misinformation and harassment from conspiracy theorists, some of whom have moved beyond posting online to pressing doctors for proof of the severity of the pandemic.
"The projected economic fallout for the (auto) industry is grave," reads the bipartisan letter signed by nine lawmakers from Michigan, Ohio, Tennessee, Texas and Alabama, all states with big auto manufacturing plants.