A coronavirus relief agreement in Congress remained in doubt early Friday, just as extended unemployment benefits are set to end and new economic data showed a U.S. economy buckling under the pandemic’s weight. The Commerce Department said gross domestic product from April to June plunged 32.9% on an annualized basis, the biggest quarterly plunge in activity

Tedros Adhanom Ghebreyesus, director general of the World Health Organization (WHO), speaks during a news conference on the COVID-19 coronavirus outbreak in Geneva, Switzerland, on Monday, March 2, 2020. Stefan Wermuth | Bloomberg via Getty Images World Health Organization officials said Thursday that young people “letting down their guard” appear to be causing coronavirus cases

Director of the National Institute for Allergy and Infectious Diseases Dr. Anthony Fauci testifies before the US Senate Health, Education, Labor, and Pensions Committee hearing to examine COVID-19, “focusing on lessons learned to prepare for the next pandemic”, on Capitol Hill in Washington, DC on June 23, 2020. Kevin Dietsch | Pool | AFP |

Senate Republicans have unveiled their $1 trillion coronavirus relief plan as the virus continues to infect tens of thousands across the country everyday. The bill includes another round of stimulus paychecks for Americans and also sets aside funding for small businesses, Covid-19 testing capacity and schools. Two companies have now began the phase three trials

Ro, an online health start-up, has built a big business by asking consumers to pay cash to help alleviate many of the most common medical complaints without having to visit a doctor in person. The company, which started out by selling hair loss supplements and erectile dysfunction medication to men, has built a range of

Social distancing dividers for students are seen in a classroom, July 14, 2020. Lucy Nicholson | Reuters Parents everywhere are grappling with the question whether it’s safe to send their children back to school. The Centers for Disease Control and Prevention recently released guidelines emphasizing that students get back to the classroom for the sake of their

A BronCore Fitness bootcamp in the Boston Commons. Bron Volney Jacob Gise opened a Body Fit Training franchise in Santa Monica, California, in November. By March, the flagship U.S. studio of the global chain had just become profitable. Gise had traveled to Australia, where Body Fit Training began, to learn the ropes, so he was

New York Gov. Andrew Cuomo speaks during the daily media briefing at the Office of the Governor of the State of New York on June 12, 2020 in New York City. Jeenah Moon | Getty Images New York Gov. Andrew Cuomo threatened to sue the Trump administration for damages over banning state residents from the

The U.S. is rapidly approaching 4 million confirmed cases of the coronavirus, more than any other country in the world, as states struggle to bring their outbreaks under control. Daily new Covid-19 deaths, on a seven-day average, continued to rise Wednesday, setting fresh records in Florida, Texas, Idaho and elsewhere, according to CNBC’s analysis. On

Dr. Scott Gottlieb told CNBC on Wednesday the U.S. may have around 300,000 deaths from the coronavirus by year-end if current trends were to persist. That would be more than double the current total. “Right now we have close to 1,000 casualties a day; so if we don’t change that trajectory, you could do the

CNBC is looking at how places around the world have tackled Covid-19. By talking to a wide range of experts, as well as everyday citizens, we’re taking stock of what’s gone well — and what hasn’t. Germany has confirmed more than 200,000 cases of Covid-19 and more than 9,000 deaths in a population of more

Florida reported 12,523 new cases of the coronavirus on Saturday, marking the fifth consecutive day the hot-spot state reported more than 10,000 cases, according to the state’s health department.  The state has reported more than 11,865 cases of the coronavirus on average over the past seven days, up 28.85% compared with a week ago, according to

US President Donald Trump holds up swabs as he speaks during a Coronavirus Task Force press briefing at the White House in Washington, DC, on April 19, 2020. Jim Watson | AFP | Getty Images The White House is trying to block billions of dollars for coronavirus testing and contact tracing in the upcoming stimulus

New York Governor Andrew Cuomo wears a protective face mask as he arrives to speak during a daily briefing following the outbreak of the coronavirus disease (COVID-19) in Manhattan in New York City, New York, U.S., July 13, 2020. Mike Segar | Reuters New York City has been cleared to enter the next phase of

The U.S. reported another record one-day spike in new cases on Thursday as outbreaks continue to worsen across the country, particularly in Texas, Florida and California.  The following data was compiled by Johns Hopkins University: Global cases: More than 13.83 million Global deaths: At least 590,600 U.S. cases: More than 3.57 million U.S. deaths: At

2020 Democratic Presidential candidate Senator Elizabeth Warren speaks as she attends a rally at the Kings theatre on January 7, 2020 in New York. Tayfun Coskun | Anadolu Agency | Getty Images Former presidential candidates and Sens. Elizabeth Warren and Bernie Sanders slammed the Trump administration Thursday for giving Gilead Sciences a “windfall” deal to secure most of

Governor Kevin Stitt (R-OK) speaks during a roundtable at the State Dining Room of the White House June 18, 2020 in Washington, DC. Alex Wong | Getty Images WASHINGTON – Oklahoma Gov. Kevin Stitt announced Wednesday that he has tested positive for coronavirus, becoming the first governor since the start of the pandemic to publicly

A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, May 18, 2020. Brian Snyder | Reuters Moderna will begin its late-stage trial testing a potential vaccine to prevent Covid-19 on July 27, according to a posting published Tuesday on ClinicalTrials.gov.  The trial will

Canadian Prime Minister Justin Trudeau speaks during a news conference on COVID-19 situation in Canada from his residence March 17, 2020 in Ottawa, Canada. Dave Chan | AFP | Getty Images CNBC is looking at how countries around the world have tackled Covid-19. By talking to a wide range of experts, as well as everyday

Microsoft founder Bill Gates on Saturday said that Covid-19 medication and future vaccines should be distributed to people who need them the most and not to “the highest bidder.”  “If we just let drugs and vaccines go to the highest bidder, instead of to the people and the places where they are most needed, we’ll

One room at a temporary hospital is viewed at the Georgia World Congress Center, Thursday, April 16, 2020, in Atlanta. Georgia. Ron Harris | Pool | AP Georgia is planning to reopen a field hospital at Atlanta’s Georgia World Congress Center as the state struggles with increasing hospitalizations and record-breaking new Covid-19 cases, according to

Gilead Sciences announced new findings Friday that its antiviral drug remdesivir reduced the risk of death for severely sick coronavirus patients by 62% compared with standard care alone. The company said its analysis also found that remdesivir treatment was associated with “significantly improved clinical recovery.” The findings are being presented at the Virtual Covid-19 Conference as part of

World Health Organization Director-General Tedros Adhanom Ghebreyesus speaks during a press conference following an emergency talks over the new SARS-like virus spreading in China and other nations in Geneva on January 22, 2020. Pierre Albouy | AFP | Getty Images More than six months after the coronavirus emerged in Wuhan, China, the “once-in-a-century pandemic” continues

New York City public schools, the nation’s largest school system, won’t fully reopen this fall as the city tries to keep the coronavirus epidemic under control, Mayor Bill de Blasio said Wednesday. The district, which has 1.1 million students, will use a combination of in-person class and remote learning, he said. The “vast majority” of students

President of Brazil Jair Bolsonaro speaks during the sworn in ceremony for newly appointed Minister of Communications Fábio Faria amidst the coronavirus (COVID-19) pandemic at the Planalto Palace on June 17 2020 in Brasilia. Andressa Anholete | Getty Images Brazilian President Jair Bolsonaro tested positive for the coronavirus Tuesday, shortly after the presidential palace said

A member of the medical staff treats a patient in the COVID-19 intensive care unit at the United Memorial Medical Center on July 2, 2020 in Houston, Texas. COVID-19 cases and hospitalizations have spiked since Texas reopened, pushing intensive-care wards to full capacity and sparking concerns about a surge in fatalities as the virus spreads.

People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images Florida on Saturday reported at least 11,445 new coronavirus cases, the state’s largest number of daily cases so far, according to figures released by the Florida Department of Health. 

Donald Trump Jr. looks on as Kimberly Guilfoyle speaks during a ‘Make America Great Again’ campaign rally at Williamsport Regional Airport, May 20, 2019 in Montoursville, Pennsylvania. Drew Angerer | Getty Images Kimberly Guilfoyle, a senior Trump campaign official and Donald Trump Jr.’s girlfriend, tested positive for coronavirus while in South Dakota on Friday, according