California Gov. Gavin Newsom Rich Pedroncelli | AP California Gov. Gavin Newsom said on Thursday that the state’s unemployment rate could reach a peak of 24.5% due to the economic fallout from the coronavirus outbreak as his administration grapples with a budget shortfall of $54.3 billion. Nearly 4.6 million Californians have filed for unemployment claims
Health, Fitness & Food
World Health Organization (WHO) Chief scientist Soumya Swaminathan on January 12, 2020 in Geneva. FABRICE COFFRINI | AFP via Getty Images The coronavirus pandemic may continue into the latter half of the decade, a senior global health official has warned, as the death toll of the virus approaches the grim milestone of 300,000. Dr. Soumya
A stylist wearing a protective mask works on a customer at a barbershop in Atlanta, Georgia, U.S., on Monday, April 27, 2020. Dustin Chambers | Bloomberg via Getty Images Since Georgia took the widely criticized step to reboot its battered economy last month, the state has seen new Covid-19 cases steadily climb but not spike.
A view of St George’s Municipal Hospital after a fire, five patients dead on ventilator support in the intensive care unit. The hospital was one of the first in St Petersburg to be repurposed as a medical centre to treat infectious diseases like pneumonia, including that caused by the novel coronavirus. Peter Kovalev The U.S.
The U.S. may have flattened the curve of coronavirus cases through shelter-in-place orders, but the country’s public health response still must improve to limit future spread of the disease, according to Dr. Craig Spencer of New York-Presbyterian/Columbia University Medical Center. “The problem is that right now, as soon as we reopen, we don’t have what we
Bolt CEO Markus Villig speaks on stage at the 2019 Web Summit technology conference in Lisbon, Portugal. Horacio Villalobos | Corbis via Getty Images European Uber rival Bolt says it isn’t laying off staff despite the impact of the coronavirus pandemic, highlighting a different direction to ride-hailing giants stateside. The Estonia-based firm has, like other
U.S. President Donald Trump speaks to reporters during a meeting with Texas Governor Greg Abbott about coronavirus disease (COVID-19) response in the Oval Office at the White House in Washington, May 7, 2020. Tom Brenner | Reuters Another study shows that hydroxychloroquine — a drug President Donald Trump said showed promise in treating the coronavirus —
A woman using her laptop to work from home. 10’000 Hours For many people, starting a company in the midst of a global economic crisis is the last thing on their lockdown to-do list. But it might not be such a crazy idea. According to entrepreneurs and start-up investors CNBC spoke with, now might even
Prime Minister Boris Johnson speaks in Downing Street as he returns to work following his recovery from Covid-19 on April 27, 2020 in London, England. Chris J Ratcliffe | Getty Images The U.K. government has taken its first tentative steps to ease some strict coronavirus lockdown measures and slowly begin to reopen society and the
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4 million Global deaths: More than 279,300 Most cases reported: United States (over 1.3 million), Spain (over 223,500), Italy (over 218,200), United Kingdom (over 216,500), Russia (over
US President Donald Trump listens to FDA Commissioner Stephen Hahn (R) speak on the latest developments of the coronavirus outbreak, in the James Brady Press Briefing Room at the White House March 19, 2020 in Washington, DC. Brendan Smialowski | AFP | Getty Images U.S. Food and Drug Administration Director Stephen Hahn is starting two
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.93 million Global deaths: At least 276,860 Most cases reported: United States (1,283,846), Spain (222,857), Italy (217,185), United Kingdom (212,629), and Russia (187,859). The data above was
San Diego Mayor Kevin Faulconer told CNBC on Friday he believes people are following the city’s new rules for beaches, calling it a positive sign as California seeks to ease up on coronavirus-related restrictions. “I was out there on the beaches myself last week with our lifeguards. You can walk, you can run, surf and swim
Women wearing masks for protection against the coronavirus, walk in the Mall of Dubai on April 28, 2020, after the shopping center was reopened as part of moves in the Gulf emirate to ease lockdown restrictions imposed last month. Karim Sahib | AFP | Getty Images The coronavirus outbreak in the Middle East is likely
Maranie Staab | Reuters Community spread of the coronavirus in California began in a nail salon, Gov. Gavin Newsom said Thursday, as other states allow their manicurists to reopen. Newsom has announced a four-phase plan to reopening the state’s economy that begins on Friday. Unlike some other states that have announced reopenings, California nail salons
UnitedHealth Group said it will provide $1.5 billion in direct financial relief for its customers in the form of premium rebates for consumers on individual and small group employer plans, and cost-sharing waivers for seniors on its Medicare Advantage plans. The nation’s largest health insurer says employers and individual members enrolled in its UnitedHealthcare fully-insured
A nurse found out Wednesday what happens when you contradict President Donald Trump on how well coronavirus response efforts are going while standing near him in the Oval Office. Trump clapped back at that nurse, Sophia Thomas, who said that access to sufficient supplies of personal protective equipment “has been sporadic.” Her comments came during
The US Supreme Court is seen in Washington, DC, on May 4, 2020, during the first day of oral arguments held by telephone, a first in the Court’s history, as a result of COVID-19, known as coronavirus. Saul Loeb | AFP | Getty Images Obamacare’s contraceptive coverage mandate returns to the Supreme Court on Wednesday
Jay Jacobs, who runs summer camps in New York and Pennsylvania, told CNBC on Tuesday that protecting children from the coronavirus at sleepaway and day camps present different challenges. “In resident camp, in sleepaway camp, certainly you can create a protected environment,” Jacobs said on “Squawk Alley.” ”We’re certainly looking to do this. You can test your
N26’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images German digital bank N26 has raised an additional $100 million in funding, as it braces for economic uncertainty from the coronavirus pandemic. The investment, backed by existing investors such as Chinese tech giant Tencent and Peter Thiel’s Valar Ventures,