CNBC US News

The Supreme Court allowed the Consumer Financial Protection Bureau to continue operating, but said its director could be removed by the president "at will."

Reddit had previously placed r/The_Donald behind an extra page that required users to click through, a restriction the company referred to as a "quarantine," NBC News reported.

Impossible Foods announced Monday that its meatless sausage will now be sold to restaurants nationwide.

Pending home sales spiked a stunning 44.3% in May compared with April, according to the National Association of Realtors. That beat expectations of a 15% rise. Sales were still 5.1% lower compared with May 2019.

"We are definitely seeing this affect young people, and they're getting quite ill. So we really need everybody to do their part," Houston Methodist CEO Dr. Marc Boom told CNBC on Monday.

"At the level we have priced remdesivir and with government programs in place, along with additional Gilead assistance as needed, we believe all patients will have access," Gilead CEO Daniel O'Day said in an open letter.

House Democrats passed $3 trillion coronavirus relief legislation last month, but the Senate has delayed action until at least July.

"People like to say we're not in a second wave. I don't know what a second wave [is] if that's not a second wave," Instagram co-founder Kevin Systrom told CNBC on Monday.

In an effort to cut costs, Apple may not include a power adapter with new iPhone 12 and iPhone SE purchases, TF Securities analyst Ming-Chi Kuo said in a note this week.

The Supreme Court said on Monday that it will not hear an appeal brought by death row inmates seeking to block a lower court order allowing the Trump administration to move forward with their executions.

The governor is expected to make an announcement on the current reopening guidelines in New York City and the state's response to the ongoing pandemic.

The Business Roundtable, a trade group representing the CEOs of the country's biggest companies, released its second-quarter report on Monday.

House Minority Leader Kevin McCarthy on Monday partly blamed spikes in the number of coronavirus cases nationwide on demonstrations in support of Black Lives Matter.

The bonus applies to warehouse, delivery and Whole Foods workers.

Burger King's U.S. same-store sales are trending flat as customers return to its locations for Whoppers and french fries.

The stocks making the biggest moves in premarket trading include Gilead Sciences, Starbucks, BP, Coty, and more.

Azar also denied that states reopening prematurely was tied to the spike in coronavirus cases and instead blamed "inappropriate individual behavior" that has spread the virus.

There are still no drugs approved by the U.S. Food and Drug Administration to treat Covid-19.

Small caps, emerging market stocks and banks could make for an interesting long-term trade from this point on, says John Davi of Astoria Portfolio Advisors.

"COVID-19 is still circulating in California, and in some parts of the state, growing stronger," Newsom said in a written statement.