The coronavirus has infected more than 5.8 million people around the world, killing at least 360,437, according to data compiled by Johns Hopkins University.
The coronavirus pandemic is leaving migrant workers unable to send money or goods home to families, cutting off a vital lifeline for communities already under siege from a barrage of external shocks.
China's decision to introduce a national security law for Hong Kong has to do with Beijing's desire to show its sovereign might, a former CIA China analysts says.
China approved a proposal to draft national security legislation that critics say will infringe on Hong Kong's freedom and autonomy, and grant the central government in China broad powers to crush dissent.
Cherie Blair, founder of The Cherie Blair Foundation for Women and wife of former U.K. Prime Minister Tony Blair, has told CNBC that Britain may have responded "too little, too late" to the coronavirus crisis.
While apparel retailer Abercrombie & Fitch reported a sales decline of more than 30% during its latest quarter, its results also hinted at a rapid rebound among younger consumers as it reopens stores across the U.S.
Nordstrom's net sales fell 40% during the first quarter, the company said Thursday, but the department store chain is confident it remains in a strong financial position to work through the coronavirus pandemic, unlike some of its peers.
Federal authorities unmasked a massive coronavirus scheme to sell a foreign government 50 million N95 face masks that didn't actually exist. That government wired $317 million to pay for the fictional masks
"Without a doubt we see it. The further we get away from that, it will be interesting to see how customers respond," Dollar Tree CEO Gary Philbin told CNBC.
The Amazon rainforest, which has been decimated by cattle ranching and wildfires, is the biggest deforestation front in the world with more than 20% of the forest already destroyed.