Coronavirus latest: Friday, May 15

Coronavirus latest: Friday, May 15

As more states begin to reopen, skepticism surrounding Abbott Laboratories’ coronavirus test and other companies’ antibody tests has risen on whether or not they are effect countermeasures for coronavirus. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus....

Fed sees Wall Street stress if virus takes 'unexpected' turn

The Federal Reserve said Friday that Wall Street remains vulnerable to another shock if the global pandemic takes an “unexpected course” putting renewed strains on the economy and the country's financial system. The central bank said the financial system came under severe pressure in March as the pandemic shut down much of the economy and sent the markets plummeting. The Fed said its quick action helped alleviate many of the stresses but it cautioned that prices for stocks, bonds and other assets could fall further, depending on the course of the virus....