A look at how the outbreak is reshaping the global economy and how individuals, businesses and governments are responding.
coronavirus
The White House is proposing a roughly $850 billion emergency economic rescue package Tuesday for businesses and taxpayers amid the coronavirus crisis.
The U.S. implemented dramatic restrictions on Americans in public and 7 million people in the San Francisco area were put on a near-total lockdown to control the virus.
Tuesday’s 4.7% gain by early afternoon trading for the SP 500 meant it clawed back a little more than a third of its loss from a day before, its biggest in more than three decades.
MGM Resorts International is closing its resorts in Las Vegas effective today.
The COVID-19 pandemic has taken its toll on the economy throughout the country, with most shoppers flocking to grocery stores and pharmacies to get necessary items.
Human Nature’s Phil Burton says, “We can’t wait to get out and perform for you all again soon under safer and more enjoyable circumstances.”
New Mexico’s governor urged the Trump administration to expand testing for coronavirus after actor Idris Elba, who was working on a film in the state, tested positve.
The last time the Derby wasn’t held on the first Saturday in May was in 1945, when the federal government issued a ban on horse racing because of World War II.
The Las Vegas-Clark County Library District announced Monday evening that it will close “until further notice” to prevent the spread of the novel coronavirus.
The family was aware of the coronavirus concerns before they boarded the ship, but decided not to cancel the trip because it planned for a while and they didn’t think it would be a problem.
The fund “will allow the nonprofit to remain nimble in its daily response and quickly respond to those affected by quarantines, school closures and economic hardships,” the organization said in a statement.
Shoppers who thought they had battle plans may have been sorely disappointed Monday to learn that coronavirus-induced hoarding has continued at local stores.
“All of our public restrooms are equipped with touch free faucets, soap dispensers, paper towel dispensers and hand blowers,” the company said in a statement.
“My hope is that the private industry rises to the top, that they’re allowed to stay open and take care of these families that are paycheck to paycheck,” the mayor said.