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Trump indicates he had political motivations for blocking Fauci's testimony, after the White House said the doctor was too busy to go before the House.

Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis,

In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup.

As the coronavirus pandemic enters its third month, White House Advisor Anthony Fauci says his schedule is still nearly impossible. The infectious disease doctor gives National Geograhpic a detailed account of what a typical day looks like for him.

City attorneys from San Francisco, Los Angeles and San Diego have joined AG Xavier Becerra in the lawsuit.

Oil prices jumped on Tuesday in their fifth straight day of gains as traders eyed demand recovery as economies reopen.

The men allegedly fraudulently applied for more than $500,000 in assistance from the new CARES Act Payroll Protection Program, which is designed to help businesses affected by the coronavirus outbreak.

Reddit co-founder Alexis Ohanian weighs in on whether coronavirus contact-tracing technology being developed by Google and Apple is something he would let his own family use.

College students, professors and administrators have pulled together to produce much-needed masks and face shields for health-care workers and first responders.

AMC Networks said it estimates advertising revenue will drop about 30% in the second quarter as marketers pull or delay spending as the coronavirus delays show production.

Nordstrom is preparing to reopen some of its department stores, following the lead of Macy's, offering a glimpse at how shopping will be different coming out of the coronavirus pandemic.

Employers who furlough their employees but cover the cost of health insurance may not be able to claim the employee retention tax credit. Lawmakers are now asking Treasury to change course.

Cuomo, a Democrat whose state is the U.S. epicenter for the outbreak, sharply criticized the partisan rhetoric from Trump, who said he's opposed to sending federal emergency aid to states.

"There's really nothing that's going to keep them ... going down over the course of this month. The hope is that they don't go up a lot," Dr. Scott Gottlieb told CNBC on Tuesday.

While aggressive testing to contain the spread of Covid-19 remains a top priority, scientists and researchers believe that an effective treatment can be a valuable asset and a turning point in the fight against the pandemic. From advanced supercomputers that can achieve complex simulations within days to a blood plasma therapy that's over 100 years old, here's how experts are working to develop a treatment for the coronavirus.

As the economy reopens from the coronavirus shock, not all small business jobs held on Main Street will be coming back, not even by a long shot, according to the Q2 2020 CNBC|SurveyMonkey Small Business Survey.

In 1984, after being drafted by the Chicago Bulls, Michael Jordan wasn't interested in wearing Nike shoes. He didn't even want to take a meeting with the Nike reps, but his mom made him "get on that plan and go listen."

While the experts acknowledged that they didn't have a crystal ball, they all agreed that it would take around 18 to 24 months before there's a significant spike in demand and the industry begins to return to normal levels. In the meantime, the travel industry will undergo some very big changes.

The event typically draws thousands of attendees, but will be held online this year due to the coronavirus pandemic.

"These factors have raised substantial doubt about the Company's ability to continue as a going concern," the company said.