CNBC World News

Disease outbreaks have led to longer market declines and rebounds that are less sharp as compared with crises that are brought on by natural disasters, according to Credit Suisse.

CNBC's Joumanna Bercetche argues why we need to be able to trust that the actions of policymakers will be enough to minimize the human and economic loss of coronavirus.

The U.S. Federal Reserve announced an open-ended asset purchase program on Monday, while Germany is set to unveil major stimulus measures.

An early look at Chinese business conditions in March shows little indication the economy has recovered much from the shock of the new coronavirus in the first two months of the year, according to the China Beige Book.

There are just not enough dollars to execute trades and transactions – that explains why the trade-weighted dollar index, gained more than 4% last week.

The cryptocurrency market suffered a violent sell-off earlier this month as global markets tanked due to the continued spread of the coronavirus. But bitcoin and other digital coins are bouncing back.

Billions of dollars are at stake. Japan has pumped at least $12 billion of investment into the 2020 Tokyo Olympic games, not to mention the losses that would be incurred by sponsors, broadcasters and others.

Trump also seemed to downplay the threat of the coronavirus, which on Monday topped 43,000 cases and more than 500 deaths in the U.S.

Global cases have more than doubled in the past week, according to the World Health Organization, and worldwide deaths have nearly tripled.

"The pandemic is accelerating," WHO Director-General Tedros Adhanom Ghebreyesus said Monday.

It comes as legislators and workers have called out Amazon for failing to provide paid leave.

As of Monday, more than 375,000 cases of coronavirus have been reported, resulting in at least 16,100 deaths.

Johnson said all shops selling nonessential goods would be closed, along with libraries and places of worship.

Facebook has introduced new paid-time off programs that will allow employees to take up to a month away from work to care for sick relatives in light of the coronavirus outbreak.

Stocks fell sharply as U.S. lawmakers failed to push through massive fiscal stimulus to curtail the economic blow from the coronavirus.

Kudlow, Trump's top economic advisor, told CNBC on Feb. 25 that the Trump administration has kept the U.S. "pretty close to airtight" from the coronavirus.

Twitter said it expects a GAAP operating loss for the quarter.

The virus has infected more than 367,400 worldwide, though many have recovered.

"No doubt, ideally we would have broader testing, but at the moment, capacities are limited," Roche CEO Severin Schwan said on CNBC's "Squawk Box." "I think this is still a couple of weeks, if not months, out, and the reason is very simple."

Oil prices are on track for their worst month on record as the coronavirus outbreak weighs on demand, just as OPEC+ producers get ready to ramp up production.