CNBC Business

The euro zone took a sharp hit to its economy in the first quarter, data released Thursday shows, and everyone is talking about the coronavirus' infection rate as lockdowns are slowly lifted.

Sweden has attracted global attention for not imposing a full lockdown, as seen in most of Europe, to contain the coronavirus pandemic.

Pharmaceutical giant AstraZeneca has partnered with Oxford University to help develop and distribute the vaccine being researched by the Jenner Institute and Oxford Vaccine Group.

The odds are high that ECB President Christine Lagarde will stress the central bank's ability to do more if needed.

Almost half of the world's wealthy investors and business owners expect to maintain their stock portfolio at the same level for the next six months, according to a study by UBS.

Covid-19 has infected more than 3.1 million people around the world as of Wednesday, killing at least 226,771 people.

After weeks of record unemployment claims across the country, "we have seen a couple of indicators of some bottoming," ADP CEO Carlos Rodriguez told CNBC.

Speaking to reporters, Fauci says he was told data from the trial showed a "clear-cut positive effect in diminishing time to recover."

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

"This drug makes a big difference, especially if you were worried about a second wave of infections after we reopened the economy," the "Mad Money" host said.

The "Mad Money" host offered his thoughts on each companies' latest quarterly results and recommended multiple stocks for buys.

The coronavirus crisis actually caused consumer health-care spending to plunge 18% in Q1.

Boeing lost $641 million in the first quarter as the company faces a drop in demand because of the coronavirus.

Martin Shkreli is asking for an early release from prison both to avoid catching the coronavirus and to work on a treatement for Covid-19.

"We would like to see very quick approvals, especially with things that work," Trump said.

Citing the devastating impact of Covid-19, Federal Express is requesting that its rent be cut in half at some FedEx Office locations, a move sharply criticized by one landlord.

The Food and Drug Administration has been in "sustained and ongoing" discussions with Gilead Sciences to make antiviral drug remdesivir available to Covid-19 patients "as quickly as possible, as appropriate," the agency said.

Trump has been soliciting feedback from a wide range of executives on when and how to reopen businesses that have shuttered their doors amid the coronavirus pandemic.

Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors.

The economic consequences of the coronavirus has meant the NFL has made the decision to cut league costs through furloughs, salary reductions and a $0 salary for Commissioner Roger Goodell.