"The next eight weeks are critical," Trump said as he declared a national emergency over the coronavirus outbreak, freeing up as much as $50 billion for states' use.
President Donald Trump and other U.S. officials appeared to disregard recommended health guidelines on preventing the spread of respiratory illnesses Friday.
Now that stocks have entered a bear market, more wild volatility is expected in the week ahead as investors await a big policy move by the Federal Reserve.
"We're starting this because we believe it could work," Eli Lilly CEO David Ricks told CNBC in explaining the company's partnership with AbCellera Biologics.
In a memo posted on its website as of Friday afternoon, the privately held sporting goods retailer said, in part, "the scale of impact is still unknown, and we want to do our part to protect our community especially while testing availability is unknown."
Trump said people with federal student debt won't have to pay interest amid the coronavirus. That means borrowers could put their payments on pause without any penalty.
President Donald Trump said that he will not take any precautionary measures following his close contact at Mar-a-Lago with a Brazilian official who was diagnosed with the coronavirus.