A sign displays a new rapid coronavirus test on the new Abbott ID Now machine at a ProHEALTH center in Brooklyn on August 27, 2020 in New York City. The portable Abbott ID Now uses a nasal swab to detect acute and infectious cases of COVID-19. ProHEALTH is offering the new service, which can deliver

New cases of the coronavirus continue to fall in the U.S., as does testing across the country, according to data compiled by Covid Tracking Project, a volunteer project founded by journalists at The Atlantic. The Centers for Disease Control and Prevention quietly revised its testing guidance earlier this week to say that most people without

The discussion around U.S. use of convalescent plasma as a Covid-19 treatment continued on Tuesday. Food and Drug Administration Commissioner Dr. Stephen Hahn acknowledged late Monday that criticism of his comments about the benefits of the treatment are “entirely justified.” Hahn, at a press conference with President Donald Trump, said that of 100 Covid-19 patients, “35

Scientists are expressing some doubts about the Food and Drug Administration’s emergency use authorization for convalescent plasma as a treatment for Covid-19 patients. In a Sunday news briefing, President Donald Trump touted the treatment as a “breakthrough.” Former FDA chief Dr. Scott Gottlieb told CNBC that while there was enough data to justify the authorization, the

The coronavirus pandemic has thrown into sharp focus the role of government in supporting the economy during periods of crises. But it has also highlighted the role big business can play. Look at Singapore. As the Asia-Pacific headquarters for many major corporations, the country has long invested in business stability even as geopolitical tensions flare globally. So when

Shannon Axelsson takes a break from sitting on the beach to be tested for the coronavirus disease (COVID-19) in Revere, Massachusetts, August 11, 2020. Brian Snyder | Reuters New coronavirus cases in the U.S. grew by nearly 48,700 on Friday, marking seven consecutive days the daily count fell below 50,000 as the nation gradually descends

The U.S. reported more than 44,000 new cases of the coronavirus on Thursday, marking an 11% drop in the seven-day average of daily new cases compared with last week. CDC Director Dr. Robert Redfield said Thursday that cases will continue to fall as communities continue to practice public health guidelines to bring the virus under

The U.S. reported over 47,400 new cases of the coronavirus on Wednesday, bringing the average number of new cases reported over the past seven days down to 47,487, according to a CNBC analysis of data compiled by Johns Hopkins University. That’s a drop in average new cases of over 11% compared with a week ago,

The University of Notre Dame abruptly paused in-person learning for undergraduate students for at least two weeks after more than 100 students tested positive for Covid-19 just over a week into classes. The announcement comes after the University of North Carolina at Chapel Hill earlier this week reversed its decision to hold undergraduate in-person classes

U.S. coronavirus cases appear to be ticking lower, with the seven-day average of newly reported infections falling below 50,000 for the first time in nearly a month. The U.S. reported 35,112 new cases of the virus on Monday, bringing the average over the past seven days to 49,132, down nearly 10% compared with a week

New cases of the coronavirus in the U.S. have remained stubbornly high in recent days, with the country averaging more than 51,100 new cases per day over the past seven days. Universities and schools have already begun reopening, many against a backdrop of significant community spread. Other countries, such as New Zealand, that saw early

Technology has enabled the world to respond quickly to the coronavirus pandemic — but solutions through mass data collection have also raised questions about privacy rights. Digital check-in systems, wristband trackers and mobile applications are just some examples of the surveillance technology implemented by governments to monitor and track the movement of people as they

A bipartisan group of House lawmakers spoke with White House Chief of Staff Mark Meadows on Saturday morning in an effort to advance stalled discussions on the coronavirus economic stimulus package, a person at the meeting told NBC News.  Seven members of the bipartisan “Problem Solvers Caucus,” who have previously met twice to try to

Rep. Jim Clyburn, D-S.C., Friday on CNBC hinted that there could be illegal activity behind the Trump administration’s backing of a number of pharmaceutical companies’ Covid-19 vaccine developments. “We see some things that indicate that there may be some insider stuff going on that’s benefiting one or two people without regard to what we’re really

The United States reported more than 1,500 new deaths caused by Covid-19 on Wednesday, marking the deadliest day for the country since the end of May. The surge in deaths comes as daily new cases reported across the country appear to decline, but epidemiologists caution that nationwide testing has fallen, too, raising questions about whether

Philippine President Rodrigo Duterte gives a speech at the Malacanang Palace in Manila on June 1, 2017. Noel Celis | AFP | Getty Images Philippine President Rodrigo Duterte may be injected with Russia’s coronavirus vaccine as early as May 2021, according to the government’s official newswire, which quoted the presidential spokesman on Thursday. Earlier this

An advertising board displaying official coronavirus test-and-trace advice from the U.K. government. Mike Kemp | In PIctures via Getty Images The U.K. economy contracted by 20.4% in the second quarter of 2020 as coronavirus-induced lockdowns hammered activity, according to preliminary figures released Wednesday. GDP (gross domestic product) expanded by 8.7% in June, having shown a

The United States topped five million cases of the coronavirus on Sunday, marking a grim milestone that represents roughly a quarter of all confirmed cases across the world. Markets and lawmakers aren’t yet sure what to make of President Donald Trump’s four executive orders aimed at expanding coronavirus relief for Americans. The weekend executive action came after congressional

U.S. Speaker of the House Nancy Pelosi, joined by Senate Minority Leader Chuck Schumer, speaks to reporters in the U.S. Capitol in Washington, July 29, 2020. Erin Scott | Reuters Top Democrats on Sunday criticized President Donald Trump’s executive actions on coronavirus relief as “absurdly unconstitutional” and “way off base.” The measures, which Trump signed on Saturday

Young elementary school students and their parents attempt to get the attention of passing motorists on Church Street in Winchester, MA on July 30, 2020. A group of Winchester parents hold an event on the town common, voicing their concerns about younger students being able to learn remotely and advocating for the full return of

Two of Washington’s most powerful lawmakers told CNBC they believe Congress will strike a coronaviurs relief package, although the timing is still unknown. Congress and the Trump administration have struggled to strike an aid agreement for several days, even as key relief benefits expired. While negotiations continue, markets await July’s employment data, which is expected

Coronavirus relief bill discussions continue Thursday as Congressional Democrats and the White House negotiate legislation that would assist Americans amid the pandemic. After Wednesday’s negotiations yielded no agreement, the White House threatened to act on its own to provide coronavirus relief. The following data was compiled by Johns Hopkins University: Global cases: More than 18.8

The global death toll from the coronavirus pandemic has now surpassed 700,000, with the U.S., Brazil and Mexico leading the world in total deaths, according to data from Johns Hopkins University. On Wall Street, Moderna reported a fivefold increase in its second-quarter revenue related to its work on a potential coronavirus vaccine. The company said it has

Coronavirus relief talks are set to resume Tuesday after “productive” efforts to strike a deal left Democrats and Republicans with with outstanding sticking points. On Monday, President Donald Trump urged Americans to stay “vigilant” against the coronavirus as U.S. officials begin to see new “flare-ups,” including in states like Georgia, Mississippi, Tennessee, Oklahoma and Missouri. Trump also presented a

The U.S. is in a “new phase” of its battle against the coronavirus, which is “extraordinarily widespread” in both urban and rural communities, White House coronavirus task force coordinator Dr. Deborah Birx warned on Sunday. Meanwhile, Congress is still in disagreement over extended unemployment benefits as part of further virus relief. Lawmakers will continue negotiations this week.  The

Deborah Birx, coronavirus response coordinator for the White House Coronavirus Task Force, speaks after a White House Coronavirus Task Force briefing at the Department of Health and Human Services on June 26, 2020 in Washington, DC. Joshua Roberts | Getty Images Dr. Deborah Birx, the White House coronavirus task force coordinator, said on Sunday that the

U.S. President Donald Trump delivers a speech during a visit to the Fujifilm Diosynth Biotechnologies’ Innovation Center, a pharmaceutical manufacturing plant where components for a potential coronavirus disease (COVID-19) vaccine candidate are being developed, in Morrrisville, North Carolina, U.S., July 27, 2020. Carlos Barria | Reuters The hunt is on for a vaccine for Covid-19,

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