CNBC World News

The new Money Market Mutual Liquidity Fund will provide loans to financial institutions to buy assets from prime money market funds.

President Donald Trump on Wednesday signed a $100 billion coronavirus aid package into law which includes provisions for emergency paid leave for workers as well as free testing.

The closure was in part as a result of positive coronavirus tests of two people, Stacey Cunningham, President of the NYSE, told CNBC.

WHO officials intentionally gave the virus a generic name to avoid stigmatizing a country or particular group, choosing a name that doesn't refer to a geographical location, animals, an individual or a group of people.

As of Wednesday, more than 212,000 cases of coronavirus have been reported across the globe, resulting in at least 8,700 deaths.

For much of their history, gas stations and convenience stores have been small, often independent businesses. But the industry is quietly undergoing changes brought about by shifts in technology and consumer tastes.

The coronavirus prompts furloughs at Cessna-maker Textron Aviation, as the aerospace industry reels from a drop in demand and manufacturers rethink production.

Gov. Andrew Cuomo said President Donald Trump agreed to send the USNS Comfort hospital ship to help with coronavirus cases expected to surge in the next 45 days.

"I think this is a very important time for CEOs and leaders of industry to really show leadership," Former Citigroup CEO Sandy Weill told CNBC.

EU Internal Market and Services Commissioner Thierry Breton tweeted Wednesday that he talked to Netflix, and users should "#SwitchToStandard definition when HD is not necessary."

The Dow Jones Industrial Average closed below 20,000 for the first time since February 2017.

The company's own Zoom calls have more virtual participants, and employees have been adding server capacity to handle the extra load.

Stuck rationing toilet paper because you didn't stockpile during coronavirus panic? Don't worry, it will soon overflow in grocery stores aisles, according to supply chain experts. But a few food items may start to dwindle.

Oil prices dropped to their lowest level in more than 18 years as the coronavirus outbreak saps demand.

Facebook CEO Mark Zuckerberg on Wednesday announced that the company will be rolling out a coronavirus information center that will show up at the top of every users' News Feed and encourage them to take social distancing seriously.

The U.K. government said Wednesday it plans to shut schools in England as a result of the coronavirus pandemic.

Sterling slid to $1.1459 on Wednesday to hit its lowest point since October 2016 as liquidity concerns sent the dollar surging.

European markets sank Wednesday, despite Western governments promising to unleash billions of dollars to help businesses and citizens get through the coronavirus pandemic.

The United States border with Canada will temporarily close to "non-essential traffic" due to the coronavirus pandemic, President Donald Trump and Prime Minister Justin Trudeau said.

The new coronavirus will infect half of the global population and have a fatality rate of up to 3%, analysts said Wednesday.