Tag Archives: Breaking news

Fed Beige Book says economy contracted ‘sharply and abruptly’ due to coronavirus

[ad_1] Economic activity has showed a deep decline due to measures taken during the coronavirus scare, with leisure and hospitality as well as retail the hardest-hit so far, according to the Federal Reserve’s latest Beige Book report. The report released Wednesday also said most areas saw manufacturing declines that varied …

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Jeff Bezos did not say this about coronavirus

[ad_1] BBC groups are fact-checking and verifying among the hottest pretend and deceptive coronavirus tales on social media. Jack Goodman brings collectively what’s been debunked this week by BBC Monitoring, Trending and Reality Check. Jeff Bezos did not say this You would possibly keep in mind a “beautiful message” about …

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Confirmed coronavirus cases in the US pass 500,000: JHU

[ad_1] The coronavirus has now infected over 500,000 people in the U.S. on Friday night, constituting almost one-third of all cases across the globe, according to data from Johns Hopkins University.  As of 9:25 p.m. Eastern Time, the U.S. has recorded 500,399 cases of the coronavirus disease, or Covid-19, of …

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The Coronavirus Pandemic Will Cleave America in Two

[ad_1] Editor’s Note: The Atlantic is making vital coverage of the coronavirus available to all readers. Find the collection here. Viruses aren’t picky. They tear through neighborhoods and nations, infecting whomever they can, and the new coronavirus is no exception: The pain of the present pandemic will be felt—is already …

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Fed Chair Powell says the economic recovery can be ‘robust’ after coronavirus

[ad_1] Federal Reserve Chairman Jerome Powell said Thursday that the economic rebound following the coronavirus-induced shutdown “can be robust” despite the sharp downturn. In the meantime, he said the central bank is committed to doing whatever it can to support the flow of cash to businesses and households both through …

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Companies cut 27,000 jobs before the worst of the coronavirus

[ad_1] Companies reduced payrolls by 27,000 in early March before the worst of the coronavirus-induced economic freeze, according to a report Wednesday from ADP and Moody’s Analytics. Actual losses for the month were far worse as indicated by the millions of people who already have filed unemployment claims. Wednesday’s report …

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Coronavirus in Italy: Photos of Doctors and Nurses

[ad_1] In early March, as coronavirus cases multiplied in Pesaro, a small city on Italy’s Adriatic coast, new restrictions on daily activity were put in place to try to stop the spread of the virus. Alberto Giuliani, a photographer born in Pesaro, says that at first, people made jokes about …

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How Will the Coronavirus End?

[ad_1] Editor’s Note: The Atlantic is making vital coverage of the coronavirus available to all readers. Find the collection here. Three months ago, no one knew that SARS-CoV-2 existed. Now the virus has spread to almost every country, infecting at least 446,000 people whom we know about, and many more …

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Coronavirus outbreak in Africa prompted decision to postpone Olympics, IOC says

[ad_1] The Olympic rings are seen in front of Tokyo’s iconic Rainbow Bridge and Tokyo Tower at Odaiba Marine Park on January 20, 2020 in Tokyo, Japan. Clive Rose | Getty Images International Olympic Committee (IOC) President Thomas Bach said Wednesday that a surge in coronavirus cases in Africa prompted …

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Britain’s heir to the throne Prince Charles tests positive for coronavirus, has mild symptoms

[ad_1] Dan Kitwood | WPA Pool | Getty Images Britain’s heir to the throne, Prince Charles, has tested positive for the coronavirus, according to a statement from his London household. “He has been displaying mild symptoms but otherwise remains in good health and has been working from home throughout the last …

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