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People wait for a distribution of masks and food from the Rev. Al Sharpton in the Harlem neighborhood of New York, after a new state mandate was issued requiring residents to wear face coverings in public due to the COVID-19 coronavirus, Saturday, April 18, 2020.
Bebeto Matthews | AP
Trump push to keep meatpacking plants open comes as pork producers profit from China trade deal
A farmer checks on young female pigs at a hog farm in Smithville, Ohio on Thursday, April 30, 2020.
Dane Rhys | Bloomberg | Getty Images
President Donald Trump’s executive order this week requiring American meatpacking plants to stay open during the coronavirus pandemic is raising new questions about the United States’ massive meat exports, particularly the export of pork to China. Read the full story here.
The market is rebounding on hope for a treatment, new index tracking coronavirus-drug makers shows
A new CNBC index that tracks the stock performance of companies working on a coronavirus cure shows just how closely the broader stock market rebound is pegged to a viable Covid-19 treatment or vaccine. Read the full story here.
Coronavirus patients describe symptoms that last a month or more
Teresa Rodriguez
Source: Teresa Rodriguez
This pregnant Goldman Sachs trader says Wall Street will never be the same after the coronavirus
Moran Forman of Goldman Sachs, 33, in her home office in the Chelsea neighborhood of New York.
Source: Goldman Sachs
For decades, Wall Street has been a place rooted in vast physical rooms filled with tightly-packed rows of monitors, specialized phones called turrets and workstations operated (mostly) by men between the ages of 22 and 45. This culture survived every calamity, manmade and otherwise, to happen to institutional trading in the last 20 years.
But now, after the coronavirus pandemic forced traders to work from home, Wall Street has gone virtual, setting off a cultural shift that is only beginning to be understood. Read the full story
Big money donors are pressuring Joe Biden against picking Elizabeth Warren for VP: ‘He would lose the election’
Former Vice President Joe Biden and Sen. Elizabeth Warren (D-MA) react during a break at the Democratic Presidential Debate at Otterbein University on October 15, 2019 in Westerville, Ohio. A record 12 presidential hopefuls are participating in the debate hosted by CNN and The New York Times.
Win McNamee | Getty Images
Donors concerned about a Biden-Warren ticket are worried about a range of issues, from Democrats potentially losing her seat in the Senate to Warren being possibly too divisive on the campaign trail against President Donald Trump.
Other financiers have privately encouraged Biden to hold back on choosing a running mate and focus on issues connected to Americans’ struggles with the coronavirus, which has infected more than a million in the U.S. and cost the economy more than 30 million jobs. Read the full story
How a handful of Apple and Google employees came together to help health officials trace coronavirus
Singapore’s new contact tracing app, TraceTogether, which is being used as a preventive measure against the Covid-19 coronavirus in the city-state.
Catherine Lai | AFP via Getty Images
One of the most ambitious projects in Apple history launched in less than a month, and was driven by just a handful of employees. Read the full story here
The biggest US mall owner prepares to reopen 49 properties. Here’s how that will work
Fed holds rates near zero — here’s what that means for you
Although the federal funds rate, which is what banks charge one another for short-term borrowing, is not the rate that consumers pay, the Fed’s moves still affect the borrowing and saving rates they see every day. Read the full story here
