CNBC US News

The Fed's history-making initiative will have the central bank purchasing ETFs that track the corporate debt market.

"The forces that will bring about inflation are aligning," Chetan Ahya, chief Asia economist at Morgan Stanley, said in a note.

Social Capital CEO Chamath Palihapitiya argued that having to sort through local, state and federal laws is confusing for businesses and there needs to be a coherent way to get back to work.

Relativity Space passed a key milestone toward its goal of launching a rocket that is almost entirely 3D-printed.

The nation's largest publicly traded auto retailers are optimistic U.S. vehicle sales will continue to recover after plummeting double digits since mid-March due to the coronavirus pandemic.

The stocks making the biggest moves in premarket trading include Casper Sleep, Tesla, Eventbrite, Hertz, and more.

The new precaution comes days after two staffers close to President Donald Trump and Vice President Mike Pence tested positive for the coronavirus.

Nursing home deaths count for more than one-quarter of all coronavirus deaths in the U.S. so far, data show.

Trump's claim that cases are falling everywhere is contradicted by his own task force's report, obtained by NBC News, showing the virus spreading far from the coasts.

As states reopen, pent-up demand for housing has buyers going back to weekend open houses. The trouble is that there are very few listings for sale. Sellers are still hesitant to list their homes in a troubled economy.

The coronavirus pandemic is changing life as we know it. But one thing the crisis hasn't changed is America's love of pickup trucks.

Despite local Covid-19 health orders, Tesla reopened its Fremont car plant this week.

The program championed by Jared Kushner drew heat for its methods, but its impending end as a conduit for most medical supplies could mean less PPE for Covid-19 responders.

Tesla's California plant has been closed since March 23 due to shelter-in-place orders, but the company is pushing to resume production. Musk threatened Saturday to pull Tesla out of California amid a dispute with local government over the shutdown.

Researchers at the University of Albany's School of Public Health analyzed more than 1,400 medical records of hospitalized patients with Covid-19 across 25 hospitals in the New York metro area.

There were an additional 5,293 deaths that weren't previously identified as confirmed or probable coronavirus cases that "might have been directly or indirectly attributable to the pandemic," the CDC says.

Low-risk businesses and activities, such as drive-in theaters and tennis, can reopen across the state on Friday as hospitalizations and infections from Covid-19 continue to decline, Cuomo said.

The U.S. Navy reported on Monday a total of 2,162 confirmed cases of the coronavirus.

Serological, or antibody, tests can indicate whether a person has had Covid-19, even if they were asymptomatic.

Testing has become a sore subject for Trump and his administration, which is struggling to ramp up availability as states across the country begin to reopen for business.