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

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

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.

In contrast to the U.S., countries in North Asia and Australia had "very convincing containment" of the coronavirus crisis, making them more likely to achieve a "very sharp" economic rebound post-pandemic, says Deutsche Bank's Michael Spencer, chief economist and head of research for the Asia-Pacific.

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.

Cashin was in a car accident in early February (he was not driving) and has been recuperating. We spoke to him by phone from his home.

Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, discusses the market recovery from the coronavirus crisis.

Saudi Arabia and Russia aim to inflict pain on American producers, forcing them to shutter wells and give up the market share.

Roche CEO Severin Schwan said more research is needed to prove people gain immunity from Covid-19 infections.

Nearly 4 in 5 people who lost their jobs in the coronavirus crisis told the government they see their layoffs as temporary.

There's optimism that nearly 4 in 5 workers surveyed see their layoffs as temporary, but the issue is whether their jobs will survive.

Jack Lew, Former U.S. Treasury Secretary, joins "Closing Bell" to talk about the coronavirus pandemic.

Michael Binetti, Credit Suisse Analyst, joins "Closing Bell" to discuss markets.

As the lockdown days wear on, it can be hard to find hope amid the gloom. But people across the world are finding reasons to keep their spirits up – from lockdown charity walks and miraculous recoveries, to virtual graduation wishes from celebrities and socially distanced block parties

• Fancy dress to hitting the jackpot: reasons for cheer in lockdown UK
• See all our coronavirus coverage

While countries such as Spain and Italy that are lifting restrictions have forced the trend of infections down, in the US cases are rising

• Coronavirus – latest US updates
• Coronavirus – latest global updates

The US may be moving to loosen social distancing restrictions around the same time as several European countries but it remains in a far different, and worse, stage of the coronavirus pandemic.

While infections and deaths from Covid-19 quickly raced to terrifying peaks in Italy and Spain, both countries have managed to arrest the increase and are now forcing the key trends downwards.

Man found to have had virus a month before government confirmed first cases

A French hospital that retested old samples from pneumonia patients has discovered that it treated a man with the coronavirus as early as 27 December, nearly a month before the French government confirmed its first cases.

Dr Yves Cohen, head of resuscitation at the Avicenne and Jean Verdier hospitals in the northern suburbs of Paris, told BFM TV that scientists had retested samples from 24 patients treated in December and January who tested negative for flu.

Gains from the likes of Amazon, Netflix and Microsoft boosted the index as it turned positive

• Coronavirus – latest updates
• See all our coronavirus coverage

The technology-heavy Nasdaq index turned positive for 2020 on Thursday, boosted by gains in the share prices of companies such as Amazon, Microsoft and Netflix, which have fared well during the Covid-19 lockdown.

The US index caught up all this year’s losses, taking it back to its level at the beginning of January, after rising 1.4% on Thursday to 8,979.66. It ended last year at 8,972.

Eric Marshall, Hodges Capital Management portfolio manager, and Lori Calvasina, RBC Capital Markets head of U.S. equity strategy, join 'Power Lunch' to discuss what the economic data is indicating to investors.