A third of respondents in the CNBC Fed survey believe the economy won't be fully restored until the second quarter of 2022.

The Fed is not expected to adjust rates but it could provide details on the unprecedented moves it has made to fight the virus impact.

Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the coronavirus crisis.

Jobless claims for the week ended April 25 came in at the lowest level in a month but bring the rolling six-week total to 30.3 million as part of the worst employment crisis in U.S. history

In the week ahead, the April jobs report is expected to show the highest unemployment since 1939.

Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis,

Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP.

"We don't think it will have this very rapid seasonal change that we have to deal with influenza," the head of the NIH tells Congress.

"This is not a situation where you can go to the American people and say, 'How many lives are you willing to lose to reopen the economy?' We don't want to lose any lives," Cuomo said.

Hydroxychloroquine, a decades-old malaria drug touted by President Donald Trump, didn't appear to help hospitalized patients with Covid-19, according to a new observational study.

California Gov. Gavin Newsom announced on Thursday a list of health guidelines that retailers, manufacturers and warehouses must adopt to begin offering curbside pick-up as early as Friday.

Unlike some other states that have announced reopenings, California nail salons won't be allowed to reopen until the state's phase 3.

Before boarding, passengers and crew members will have their temperatures checked at the gate. If someone registers a temperature of 100.4 or higher, they will be kept at the gate.

Spain saw 229 new deaths related to Covid-19, up from 213 the day before.

Covid-19 has infected more than 3.8 million people around the world as of Friday, killing at least 269,881 people.

"We will all be supply constrained for quite some time, meaning we won't be able to make as many product as will be required to vaccinate everyone on the planet," CEO Stephane Bancel said on CNBC's "Squawk Box."

Three Senate Democrats are urging Treasury Secretary Steven Mnuchin to crack down on airlines that are cutting employee hours, despite billions in federal coronavirus relief.

Melinda Gates, co-chairman of the Bill & Melinda Gates Foundation, gave President Donald Trump's administration a "D-minus" on its handling of the coronavirus pandemic, criticizing lack of leadership on both national and international levels.

On Wednesday, Cuomo said most new Covid-19 hospitalizations in New York state are from people who were staying home and not venturing much outside.

New York is investigating how Covid-19 impacts children after a 5-year-old boy in New York City died due to coronavirus-related complications, Gov. Andrew Cuomo said Friday.

"San Diegans, just like others in California, do not want to give back the tremendous gains that we've made, the sacrifices that we've made over these last six weeks," Mayor Kevin Faulconer said.

Antonio Fatas, Professor of Economics at INSEAD, says it is unlikely that the West will impose hard-hitting economic sanctions upon Russia.

CNBC's Julia Wood reports on the chances of a resurgence in Australian real estate trusts.

Australia has "no benefits at all" from focusing on its coronavirus-related geopolitics with China, one of its major trading and business partners. It should focus instead on people's health and economic recovery, says Mark Allison, CEO and managing director of Elders Limited.

As many as 260 million people risk being on the brink of starvation as economies deteriorate and supply chains break down worldwide due to the coronavirus pandemic, says David Beasley, the United Nations World Food Programme's executive director.

Don Meij , CEO Of Domino's Pizza Enterprises gives an update on the pizza business during the international pandemic, and how Domino's is keeping up with demand.

Phil Blancato, CEO of Ladenburg Thalmann Asset Management, says "no one wants more economic pain" in this current environment, adding that he would be surprised if the current US China trade tensions escalate.

Roughly 60% to 70% of Didi Chuxing's business has bounced back from the coronavirus crisis in China, says Jean Liu, president of the mobile app-based transportation firm.

Angelo Zino of Equity Research tells CNBC's Squawk Box Asia that Uber and Lyft will not likely see significant recovery until a vaccine is found amid the uncertainty of the coronavirus pandemic.

Australia has started plans on re-opening its economy after a period of social distancing. Ivan Colhoun of the National Australian Bank suggests looking to fiscal stimulus to cushion the hit to their economy, and to keep an eye on how lower immigration may slow the economy in the long term.

Jian Chang of Barclays Asia Pacific says medical supplies are a key factor driving the increase in China's export numbers. Jian Chang also explores the worsening U.S.-China relationship in recent weeks amid the coronavirus crisis, with the trade agreement being a key focal point.

Despite the strong demand for Nintendo's Switch console and the breakout success of its "Animal Crossing: New Horizons" title, Kazunori Ito of Morningstar Investment Management Asia says he does not see a strong game pipeline for the company this year.

"That's going to tug against what the governors have to do," the former FDA chief told CNBC. "We still face a pretty big epidemic in this country."

In reopening plants, automakers face worker safety issues and must abide by local mandates, which Tesla CEO Elon Musk highlighted earlier this week. Then there are more complex problems.

Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support.

The homes have a combined value of $39.5 million.

"The last couple of weeks we've seen a slight uptick in those rates, certainly not because stores are reopening," USAA CEO Wayne Peacock told CNBC.

Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals.

About 90 United Auto Workers union members have assembled more than 10,000 respirators at a Ford plant near Flat Rock, Michigan.

General Motors plans to further strengthen its cash position during the coronavirus pandemic through an offering of senior unsecured fixed rate notes, the company announced Thursday.

The plant will bring back around 30% of employees normally working on a shift.

"We literally have 10,700 franchisees in the U.S., and on average they own two restaurants apiece," Subway CEO John Chidsey told CNBC.

Main Street confidence hit a record low in the Q2 2020 CNBC Small Business Survey, with the coronavirus causing a majority of entrepreneurs to fear permanent changes, including bankruptcy.

The $2.2 trillion CARES Act has provided several programs to help combat the widespread economic fallout of the coronavirus pandemic, but Americans are still confused. Senior Personal Finance Correspondent Sharon Epperson provides the answers.

With so much money being issued so quickly, the potential for scams and misuse runs rampant.

Banks have been retreating from loans tied to housing as the coronavirus pandemic impacts home values and the creditworthiness of borrowers.

NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk's SpaceX have been well worth it.

Cramer said that he viewed Buffett bailing on airlines as a sign that there were serious issues in the broader economy.

Cramer warned that the U.S. economy may be too weak to handle another trade spat with China and discouraged Trump from imposing new tariffs.

"I don't think you're buying these thinking that that business is coming back immediately," TD Ameritrade chief market strategist JJ Kinahan told CNBC.