Month: July 2020

New U.S. coronavirus cases increasingly look to have peaked, but Covid-19 hospitalizations and deaths continue to rise as they lag behind the surge in confirmed cases. Eight states, including California, Florida and Texas, all hit record-high average daily deaths on Wednesday, according to data from John Hopkins University. Wall Street received more pandemic-era economic data
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Senate Republicans have unveiled their $1 trillion coronavirus relief plan as the virus continues to infect tens of thousands across the country everyday. The bill includes another round of stimulus paychecks for Americans and also sets aside funding for small businesses, Covid-19 testing capacity and schools. Two companies have now began the phase three trials
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Congressional Republicans are expected to introduce their latest piece of coronavirus relief legislation on Monday, as economic benefits for many Americans run out. Treasury Secretary Steve Mnuchin said Sunday the administration could “move quickly” to implement any relief — the Treasury Department is responsible for sending stimulus checks out to Americans. On the vaccine front, the
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President Donald Trump announced he was canceling the Jacksonville, Florida, portions of the Republican National Convention, scheduled for August, as the coronavirus continues to spread throughout the United States. The World Health Organization warned there’s no going back to the “old normal.” Meanwhile, Senate Majority Leader Mitch McConnell said Republicans will delay the release of their coronavirus
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A general view of the Centers for Disease Control and Prevention Edward R. Roybal campus in Atlanta, Georgia on April 23, 2020. Tami Chappell | AFP | Getty Images With some school districts just weeks away from the start of the academic year, the Centers for Disease Control and Prevention released long-awaited guidelines for reopening with a
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European Union leaders reached a breakthrough agreement for $2 trillion in fiscal stimulus after four days of negotiations. U.S. lawmakers, similarly, are back on Capitol Hill this week and will be seeking to pass another virus relief bill, just as extended benefits are set to expire. President Donald Trump said he will resume his daily Covid-19 briefings, possibly as soon
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Netherlands’ Prime Minister Mark Rutte looks on next to Germany’s Chancellor Angela Merkel, President of the European Commission Ursula von der Leyen and France’s President Emmanuel Macron prior the start of the European Council building in Brussels, on July 18, 2020 Francisco Seco | AFP | Getty Images The 27 European Union governments have reached
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Florida reported 12,523 new cases of the coronavirus on Saturday, marking the fifth consecutive day the hot-spot state reported more than 10,000 cases, according to the state’s health department.  The state has reported more than 11,865 cases of the coronavirus on average over the past seven days, up 28.85% compared with a week ago, according to
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The U.S. reported another record one-day spike in new cases on Thursday as outbreaks continue to worsen across the country, particularly in Texas, Florida and California.  The following data was compiled by Johns Hopkins University: Global cases: More than 13.83 million Global deaths: At least 590,600 U.S. cases: More than 3.57 million U.S. deaths: At
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British multinational banking and financial services holding company HSBC Bank seen in Hong Kong. Budrul Chukrut | SOPA Images | Getty Images HSBC bank has downgraded its outlook on stocks in China and India after a strong rally in the benchmark indexes of both countries, amid the coronavirus pandemic this year.  “We downgraded China about a
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An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned about 25,000 front-line employees — close to 20% its workforce — about potential furloughs, the latest carrier to prepare staff for job cuts as surges in coronavirus
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Virus pushes Delta, Wells Fargo to rare quarterly losses Coronavirus pushed Delta Air Lines and banking giant Wells Fargo to rare quarterly losses, the companies said in some of the first quarterly reports of what’s expected to be a messy earnings season.  Delta posted a second-quarter loss of $5.7 billion, the airline’s largest since 2008. Air
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President Donald Trump wears a mask as he walks down the hallway during his visit to Walter Reed National Military Medical Center in Bethesda, Md., Saturday, July 11, 2020. Patrick Semansky | AP President Donald Trump wore a mask during a public visit to Walter Reed National Military Medical Center on Saturday, after long resisting
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One room at a temporary hospital is viewed at the Georgia World Congress Center, Thursday, April 16, 2020, in Atlanta. Georgia. Ron Harris | Pool | AP Georgia is planning to reopen a field hospital at Atlanta’s Georgia World Congress Center as the state struggles with increasing hospitalizations and record-breaking new Covid-19 cases, according to
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Municipal workers fumigates an areas of housing complex against Aedes Aegypti mosquitos as a measures to control a dengue outbreak amids Covid-19 pandemic in Wanasari village, Bekasi regency, West Java province, on May 6, 2020. Aditya Irawan | NurPhoto via Getty Images There’s no respite for Southeast Asian nations. With health-care systems already under strain
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People wait for health assessment check-in before entering Jackson Memorial Hospital, as Miami-Dade County eases some of the lockdown measures put in place during the coronavirus disease (COVID-19) outbreak, in Miami, Florida, U.S., June 18, 2020. Marco Bello | Reuters The United States needs a unified approach to tackle the rising cases of coronavirus infection
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