An OPEC sign hangs outside the OPEC Secretariat in Vienna, Austria, on Nov. 29, 2017. Akos Stiller | Bloomberg | Getty Images OPEC and its oil-producing allies reportedly agreed to extend the historic 9.7 million barrels per day production cut that was set to expire at the end of June, according to two sources familiar
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For most people, this coronavirus lockdown would be a whole lot easier if there were live sports to distract us. Professional sports have been out of commission since early March, when the NBA, NHL and Major League Baseball announced they were halting all activities. People are so desperate, the NFL draft drew record ratings for its
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Friday, April 17, 2020, in Washington. Alex Brandon | AP White House health advisor Dr. Anthony Fauci said he has “no doubt” that Americans who aren’t wearing
As the global death toll of Covid-19 surpasses 390,000, the spread of the virus continues to accelerate in parts of Latin America and Eastern Europe, according to the World Health Organization. Daily new confirmed cases are pushing new highs, according to data compiled by Johns Hopkins University, with an all-time high of 130,400 new cases
A medical staff member in a mask with a patient outside of an ambulance amid the COVID-19 outbreak on April 19, 2020 in New York City. Roy Rochlin | Getty Images Coronavirus cases in the United States have been slowly ticking up since the Memorial Day holiday, according to a CNBC analysis of data compiled
Pharmaceutical company AstraZeneca is aiming to produce 2 billion doses of a coronavirus vaccine, including 400 million for the U.S. and U.K. and 1 billion for those in low- and middle-income countries. It plans to start distributing the vaccine to the U.S. and U.K. in September or October, with the balance of deliveries likely to
Protestors kneel in front of the police during a demonstration over the death of George Floyd in the Hollywood area of Los Angeles on June 2, 2020. Kyle Grillot | AFP | Getty Images Protests across the U.S. and other parts of the world over the death of George Floyd at the hands of Minneapolis
Passengers board an American Airlines flight to Charlotte, North Carolina at San Diego International Airport on May 20, 2020 in San Diego, California. Sandy Huffaker | Getty Images Slowly, the airline business is coming back to life as airlines set schedules for July that include more flights. The latest is American Airlines, which says it
“Theater Closed” signs are posted in front of the AMC Montebello, as the US chain of AMC movie theaters closes for 6 to 12 weeks, On March 17, 2020 in Montebello, California, as the coronavirus (covid-19) epidemic leads to restaurant and school closures and workers working from home in an effort to encourage social distancing.
Thousands of peaceful demonstrators holding banners gather in front of the White House for the fifth consecutive day to protest the death of George Floyd, an unarmed black man who died last week after being pinned down by a white police officer in Minneapolis on June 2, 2020 in Washington, DC, United States. Yasin Ozturk
Health officials are warning that mass gatherings across the country could further spread the coronavirus, just as much of the economy is beginning to restart. Protests sparked by the police killing of George Floyd, an unarmed black man in Minneapolis, continued for a seventh night with overnight clashes between law enforcement and demonstrators. The World Health Organization,
Denver Police officer Nate Magee chants with protesters marching during the fifth consecutive day of demonstrations in the aftermath of the death of George Floyd on June 1, 2020 in Denver, Colorado. Michael Ciaglo | Getty Images U.S. cities are assessing the aftermath of another night of protests sparked by the killing of George Floyd
Barra’s message, according to a GM spokesman, was posted on the company’s internal intranet Sunday. It was then distributed to thousands of GM dealers and suppliers on Monday. Barra said she is commissioning an “inclusion advisory board” of both internal and external leaders, which she will chair. “Putting this in writing is not enough,”
Farmer John Duffy loads soybeans from his grain bin onto a truck before taking them to a grain elevator on June 13, 2018 in Dwight, Illinois, United States. Scott Olson | Getty Images News that Beijing has ordered state firms to halt purchases of farm products could well be an opportunistic political maneuver stemming from
A protester throws a US flag into a burning barricade during a demonstration near the White House on May 31, 2020 in Washington, DC. Roberto Schmidt | AFP | Getty Images Cities across America are reeling from a weekend of unrest during protests that erupted after George Floyd died during an arrest in Minneapolis. The
People across the U.S. gathered in mass over the weekend and into Monday morning to protest police brutality and the killing of George Floyd in Minneapolis, raising concerns of further virus spread through the demonstrations. More than 1.7 million people in the U.S. have tested positive for the virus and more than 104,000 have died
As demonstrations erupted in major U.S. cities across the nation in response to the death of unarmed black man George Floyd, peaceful protests turned ugly as demonstrators set fires, looted stores and clashed with riot police. The destruction prompted Los Angeles to suspend coronavirus testing Saturday afternoon due to safety concerns. “We have been notified that
Workers make toys at a plastic product factory in Zhangjiajie, central China’s Hunan Province, May 27, 2020. Xue Yuge | Xinhua News Agency | Getty Images A private survey showed manufacturing activity in China expanded for the month of May. The Caixin/Markit Manufacturing Purchasing Manager’s Index came in at 50.7 for May. Analysts polled by Reuters had expected
U.S. President Donald Trump holds up a protective face shield during a tour of the Ford Rawsonville Components Plant that is manufacturing ventilators, masks and other medical supplies during the coronavirus disease (COVID-19) pandemic in Ypsilanti, Michigan, U.S., May 21, 2020. Leah Millis | REUTERS Independents voters, a key swing voting bloc for the 2020
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A