CNBC US News

Joe Biden has surged past President Donald Trump in online betting markets tied to the outcome of the 2020 presidential race as the country continues to grapple with a deepening financial crisis, spreading pandemic and historic protests over police brutality.

King, known for his racist remarks, was voted out of Congress and the field was set in two key 2020 Senate races in Tuesday's primaries.

In an extraordinary resignation letter, provided to The Washington Post, a Pentagon official resigned citing Secretary of Defense Mark Esper's role in President Donald Trump's photo op.

American Eagle Outfitters thinks it is the best retailer in the mall.

Ninety-nine percent of loan forgiveness applications under a congressionally mandated program were rejected between May 2018 and May 2019.

Nationwide tensions appeared to ease, as thousands of demonstrators launched peaceful protests across the U.S. over the death of George Floyd while being subdued by police.

"I'm looking at the summer as if we do a good job then we can have a good fall and the fall is more essential in my mind," said Dr. Preeti Malani, chief health officer and infectious disease specialist at the University of Michigan.

U.S. government debt prices were lower Wednesday morning as optimism over the reopening of economies following coronavirus-induced shutdowns boosted risk appetite for investors.

Campbell Soup said Wednesday that its fiscal third-quarter soup sales soared 35%.

Amid the coronavirus crisis, women have disproportionately cut back on job hours to care for their children, which could cause the gender wage gap to grow.

Softbank announced a $100 million Opportunity Fund that will invest only in companies led by people of color. It's one of the first large funds created in response to nationwide protests sparked by the killing of George Floyd, an unarmed black man.

Defense Secretary Mark Esper is expected to deliver his remarks Wednesday, a day after he garnered strong criticism for his participation in President Donald Trump's Monday night photo op in front of St. John's Church.

The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones. The reason for the wide disparity was not immediately clear.

Remote work may be the lasting legacy of the Covid-19 pandemic, according to a Conference Board survey released Wednesday.

If Covid-19 acts like other coronaviruses, "it likely isn't going to be a long duration of immunity," Dr. Fauci warns.

The numbers get stronger each week as homebuyers rush back into the market, hoping to get their hands on what few homes there are for sale. Another record-low mortgage rate didn't hurt.

Gorsky made his comments a day after announcing that J&J is committing $10 million over the next three years "to fighting racism and injustice in America."

While President Donald Trump did not specify in his tweet where the convention will be moved, multiple governors and GOP officials from places such as Texas and Georgia have already offered up their states as potential hosts.

Black Americans have taken the brunt of the coronavirus damage and are more concerned about the pandemic than other racial groups.

The stocks making the biggest moves in premarket trading include Campbell Soup, Coty, Tiffany, Zoom, and more.