CNBC Business

The WHO responded to President Trump's threat to cut its funding, saying the move would not be appropriate during the global coronavirus pandemic.

With stores closed, the retail industry is struggling with inventory piling up in warehouses and no place to sell it, PVH CEO Manny Chirico said.

New York City Mayor Bill de Blasio is holding a press conference Wednesday to update the public on the coronavirus outbreak, which has infected more than 76,800 people in New York City.

General Motors will build 30,000 ventilators for the national stockpile for $489.4 million to assist in the coronavirus pandemic, government officials announced Wednesday.

Eighty-one percent of financial advisors say markets haven't hit bottom yet amid the coronavirus pandemic, according to a survey by Ned Davis Research. Two members of CNBC's Financial Advisor Council say whatever the future holds, they're telling clients to stay the course.

U.S. stock futures point to a gain for the Dow at Wednesday's open after blue chips gave up an over 900-point surge in the prior session.

"They really called, I would say, every aspect of it wrong," Trump said of the World Health Organization on Tuesday.

The NBA players union informed agent that players who received advance funds on their contract will need to repay league owners as part of any compensation deal.

The number of confirmed coronavirus cases in the U.S. has surpassed 400,000, according to NBC figures, with 12,864 fatalities nationwide.

With millions of travelers confined to their homes as a result of the coronavirus pandemic, luxury hotels are venturing beyond their property walls to entertain and help those stuck at home.

The number of confirmed coronavirus cases in the U.S. surpassed 400,000 on Wednesday, according to figures provided by NBC, with 12,864 fatalities nationwide.

Austria, the Czech Republic, Denmark and Norway have now all announced plans to slowly relax national lockdowns later this month.

Members of the coronavirus task force are expected to hold a press briefing Tuesday, in what has become a daily affair as the pandemic continues to claim lives.

The coronavirus pandemic has resurfaced past divisions among northern and southern nations over how to fund the costs of the crisis.

Euro zone finance ministers will meet again Thursday, after failing to agree on new stimulus for the bloc's economy.

There will be a "significant rebound" in the aviation industry once borders start to open up, said Thomas Flohr of VistaJet.

European markets traded lower Wednesday morning as optimism over an imminent recovery from the coronavirus started to fade.

The price of rice — a staple food in Asia — has hit 7-year highs due to the coronavirus crisis as importers rush to stockpile the grain while exporters curb shipments.

While Gen Z's total spending is down sharply, when they do go shopping, brands like Nike, Lululemon and Amazon are top on the list. Often, that's after they've stopped at Chik-fil-A or Starbucks to fuel up.

The Philippine government has set aside around $23 billion in funding for healthcare and economic efforts during the outbreak, said Secretary of Finance Carlos Dominguez.