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The retailer said it's taking other cost-cutting measures, too, such as slashing top executives' pay, reducing capital spending and suspending 401k matches.

A day earlier, President Donald Trump announced the U.S. would suspend funding to WHO while it reviews the agency's response to the Covid-19 pandemic.

Airline stocks were in focus Wednesday morning on the promise of federal relief, but Bill Baruch of Blue Line Capital says it pays to be picky.

Treasury yields plunged on Wednesday as investors assessed the potential economic fallout from the coronavirus pandemic.

If you are worried about losing your job or an uncertain economy, create an "essentials only" budget now. That way, if an emergency situation arises, you'll already be prepared.

Bill Gates said the White House should not withhold funding for the World Health Organization during a global pandemic, a day after the president announced his intent to do so while the U.S. reviews the agency's response to Covid-19.

The Empire State Manufacturing Index for April plunged to -78.2, more than twice as bad as expected and more than double the worst during the Great Recession.

Bank of America set aside $3.6 billion to loan-loss reserves in the quarter, following similar actions from JPMorgan Chase and Wells Fargo.

The coronavirus pandemic is straining McDonald's relationship with its U.S. franchisees once again, the Wall Street Journal reported Tuesday.

CNBC Make It rounded up a list of what insurance companies are offering to do for drivers during the current coronavirus health crisis.

She's a doctor, he's an engineer. Their conversation leads to a new system that can decontaminate 80,000 masks a day, NBC News reports.

Verily defended its decision to make visitors to the site sign in through a Google account, saying they're used to authenticate users.

Abbott said it plans to distribute 4 million of the new tests by the end of this month, after an initial shipment of 1 million tests this week to U.S. customers.

Warren's endorsement follows Barack Obama's and Bernie Sanders' moves to support Biden in the 2020 presidential election.

Researchers at NYU Langone on March 24 launched one of the nation's largest hydroxychloroquine studies and enrolled their first patient 10 days later.

"You don't want to say, 'Hey look I'm doing OK,' while there's 17 million people have been unemployed in the last three weeks," economist Mohamed El-Erian told CNBC.

Low traction on the expressway due to overnight snow and icy conditions caused multiple collisions, NBC Chicago reports.

U.S. retail sales for the month of March were expected to sink by 8.0%, after slipping 0.5% a month earlier.

On Tuesday, confirmed cases in New York state surpassed 200,000 — more than any country outside the United States — but the outbreak has shown signs of peaking in recent days.

The crackdown comes as Google's large temporary workforce works from home amid the COVID-19 pandemic.