President Donald Trump announced Friday that he is "terminating" the country's relationship with the World Health Organization after repeatedly criticizing the group for its response to the coronavirus crisis and accusing the agency of being "China-centric." Trump's strained relationship with the WHO could bring complications as scientists around the world race for a Covid-19 cure and treatment.
Before Trump's WHO announcement, French drugmaker Sanofi said it is suspending clinical trials for hydroxychloroquine as a treatment for Covid-19 while the WHO reviews safety data on the Trump-touted drug. Later Friday, Moderna announced that the first participants in a phase two trial have been dosed with a potential vaccine for the coronavirus.
CNBC's live coverage in this blog has ended.
The data above was compiled by Johns Hopkins University.
8:37 a.m. ET — Spain's government is hoping for 140 billion euros (155 billion) in aid from the European Union's newly established coronavirus recovery fund, Spanish Prime Minister Pedro Sanchez said on Sunday.
The EU plans to borrow 750 billion euros for the rescue fund, which will provide loans and grants to countries hit by the pandemic and its ensuing lockdowns.
4:52 p.m. ET — Large protests over the death of George Floyd have brought up concerns about coronavirus transmission among state leaders.
New York Gov. Andrew Cuomo urged protesters to demonstrate while wearing a mask and said he doesn't see any justification to not wearing one.
"You have a right to protest. You have a right to demonstrate. God Bless America," Cuomo said at a press briefing Saturday. "You don't have a right to infect other people. You don't have the right to act in a way that's going to jeopardize public health."
Minnesota Gov. Tim Walz commended peaceful demonstrators who earlier this week wore masks and practiced social distancing. However, he said protests on Friday, which turned violent, were a different story.
"The masks last night were worn to disguise," Walz said at a press briefing Saturday. "The masks worn by people there were to cause confusion and take advantage of the situation."
2:50 p.m. ET —With New York City's reopening planned for June 8, the state has identified ten "hot spots" that are still generating new cases, according to New York Gov. Andrew Cuomo.
Identified through coronavirus testing, the hot spots are predominately low-income and minority communities located in zip codes in the Bronx, Brooklyn and Queens.
"It's a dramatic difference between the overall city situation and the situation in these zip codes," Cuomo said. The city as a whole has a 20% infection rate, but some of these hot spots have an infection rate of around 50%, according to Cuomo.
He said the city is working on adding more testing sites with one for each hot spot. —Hannah Miller
1:06 p.m. ET — India is extending lockdown restrictions to June 30 in what the home ministry is calling "containment zones," while allowing restaurants, malls and religious buildings to reopen in other parts of the country, Reuters reports.
The order comes as India reported a record number of daily new Covid-19 cases a day before Prime Minister Narendra Modi's initial lockdown order was set to lift, according to Reuters.
India is allowing hospitality and retail businesses, along with places of worship, to open on June 8, while those buildings must keep social distancing rules in place, Reuters reported. —Chris Eudaily
12:33 p.m. ET — Restaurants in New York City are allowed to do takeout under pandemic restrictions, but some operations are pushing the limits of the service rules with outdoor tables and allowing customers to stick around a little longer, the Associated Press reports.
"It's been this way more and more each week," said Levi Nayman, 45, who was outside a piano bar and sipping bourbon on Manhattan's Restaurant Row. "It's better than nothing."
Paul Denamiel, owner of the French restaurant Le Rivage, said the pop-up scene could be a test run for what things will look like when eateries officially reopen, according to the AP.
"We're sort of doing it now," Denamiel said. "But we are taking social distancing very seriously." —Chris Eudaily
12:03 p.m. ET — This summer, as the U.S. begins to reemerge from months-long quarantines, there's no activity that doesn't come without risk, public health and infectious disease professionals warn.
However, there are some that may have reduced risk of Covid-19 infection or ways to safeguard yourself and others from the disease, they say.
"You can't eliminate risk, but you can decrease it," said Dr. Preeti Malani, chief health officer and professor of medicine and infectious disease at the University of Michigan.
CNBC spoke to a group of infectious disease and public health experts across the country to gauge how much risk is associated with some common summer activities and discover ways to make these activities safer.
In any instance, experts stress the need to follow key physical distancing guidelines, like staying at least 6 feet away from others and limiting how long you interact with people. Wearing a face covering and opting for spaces that have enough air flow are also good ideas. Outdoor activities generally pose a lower risk than indoor.
"It's a matter of a spectrum from low risk to high risk," Ryan Demmer, an associate professor of epidemiology at the University of Minnesota said. "And there are several factors that contribute to where you might find yourself on that spectrum." —Noah Higgins-Dunn
11:45 a.m. ET — NASA scientists are among those developing changes to the traditional ventilator that has been used to treat severe cases of Covid-19.
The push for changes comes with growing evidence that ventilators, in some cases, can do more harm than good for patients with low oxygen levels. In New York City, 80% of coronavirus patients put on ventilators died, according to NBC News.
In the early days of the pandemic, U.S. health care providers pushed for more ventilators to accommodate the surge of patients. The Trump administration activated the Defense Production Act to boost ventilator manufacturing in early April. —Chris Eudaily
11:15 a.m. ET — The short-term home rental market is going through consolidation as a result of the coronavirus pandemic curtailing travel in 2020.
Mom and pop landlords and venture-backed companies that rent out properties on websites like Airbnb are now offloading their units. At the same time, others in the market are seeing this time as an opportunity to expand their businesses.
Notably, Washington state-based Stay Alfred, which had raised $62 million in funding, announced last week that the company will shut down. Meanwhile, Vector Travel in Jacksonville, Florida, and FrontDesk in Milwaukee, Wisconsin, have expanded their portfolios. This week, FrontDesk acquired 18 units in Pittsburgh that were previously a part of Stay Alfred's portfolio. —Sal Rodriguez
11:05 a.m. ET — The European Union issued a statement asking the U.S. to reconsider its decision to cut ties with the World Health Organization, Reuters reported.
"In the face of this global threat, now is the time for enhanced cooperation and common solutions. Actions that weaken international results must be avoided," said European Commission President Ursula von der Leyen and Josep Borrell, the EU's top diplomat, in a statement, according to Reuters.
"In this context, we urge the U.S. to reconsider its announced decision," they said.
German Foreign Minister Heiko Maas also spoke out against Trump's announcement, Reuters reported, pledging talks with Washington on the issue.
The decision is "the wrong signal at the wrong time," Maas told German outlet Funke. With the number of infections continuing to rise globally, "we cannot tear down the dike in the middle of a storm", he said, according to Reuters. —Chris Eudaily
10:32 a.m. ET — Many workers say work-life balance has improved during the pandemic because they don't have to commute to work — and they like it.
Employers aren't rushing to get staff back on-site too quickly, either, and 3 out of 4 say they might make some positions remote permanently. But beware: Depending on where your remote workplace will be based, both you and your boss could face additional tax burdens.
Things get even more complex for individuals who might reside in one state but go to another to work, CNBC's Darla Mercado reports. —Kenneth Kiesnoski
10:13 a.m. ET — India said it had 7,964 new coronavirus cases Saturday, a record daily jump, as the country was set to ease lockdown restrictions on May 31, according to Reuters.
In an open letter to the country's 1.3 billion people, Prime Minister Narendra Modi asked residents to heed lockdown rules to stem the spread of the virus, Reuters reported. Modi said there was a "long battle" ahead.
"Our country (is) besieged with problems amidst a vast population and limited resources," Modi said, adding that laborers and migrant workers had "undergone tremendous suffering" from restrictions, according to Reuters.
The government could extend the lockdown past May 31, a home ministry official said, according to Reuters. — Chris Eudaily
10:00 a.m. ET — The University of Michigan said it is planning to bring students back on campus for the fall semester.
"The average student is very anxious to get out of mom and dad's basement and come back to school," President Mark Schlissel told CNBC.
Schlissel said he is optimistic that the university can host a "public-health-informed residential semester," CNBC's Jessica Dickler reports.
The on-campus plan would mean hosting large lectures online, and limiting in-person gatherings and teaching labs to small groups. —Chris Eudaily
8:54 a.m. ET — Schools across the country found themselves having to make big changes when stay-at-home measures were put in place to stem the spread of Covid-19.
Now, more than 13,000 school systems in the U.S. are facing the likelihood of major budget cuts while trying to plan for what the fall may look like for their students, the Associated Press reports.
Advocates are calling for federal aid to schools as researchers say budget shortfalls could mean a large number of teacher layoffs, and less learning for students, according to the AP.
In Catoosa County, a 10,000-student school system in northern Georgia, the next school year will be shortened to 170 days, and the system will send its 1,700 employees home for 10 unpaid days to try and make up an expected $12.6 million budget gap, the AP reports.
As many as 319,000 teachers could be lost nationwide if spending drops 15% this year, according to Michael Griffith, a senior fellow with the Learning Policy Institute in California. —Chris Eudaily
Read CNBC's previous coronavirus live coverage here: Russia's daily death toll falls; Spain to reopen island leisure spots.