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After a day of steady rain on Churchill Downs, 5-2 favorite Justify managed to pull ahead in the muck. He's the first horse not to start a racing career as a 2-year-old to win the Derby since 1882.

The California utility expects state investigators will find its damaged equipment started last November's fire, which killed at least 85 people and destroyed the town of Paradise.

The number of people filing for unemployment climbed by another 5.2 million, as the toll of the nation's economic dive continues to mount. In the past four weeks, 22 million have filed claims.

Another 3.8 million people filed claims for unemployment last week, as the coronavirus pandemic continues to weigh on the U.S. job market. That brought the total for the past 6 weeks to 30.3 million.

The bank says it will shed nearly 15% of its workforce and $100 billion in investments as it refocuses on growth markets in Asia and reduces operations in Europe and the U.S.

In its latest salvo, the Federal Reserve announced $2.3 trillion in new lending programs in an effort to keep businesses and local governments afloat during the coronavirus pandemic.

The new guidelines stipulate religious centers must limit attendance to 100 people or 25% of the building's capacity, whichever is lower. They also recommend against singing and group recitation.

“Not anywhere in the past have we had six consecutive seasons above normal,” Rosencrans said.

While the latest surge seems to be slowing down, recent data shows that at least 79,573 residents have died with COVID and more than 7 million cases have been reported.

From record snow to near record heat, Florida's famous temperature swings are here.