Monday’s milestone marked just the beginning of a series of studies in people needed to prove whether the shots are safe and could work. Even if the research goes well, a vaccine wouldn’t be available for widespread use for 12 to 18 months, officials say.
The selling began immediately on Wall Street, and losses were sharp enough at the open to trigger a temporary trading halt for the third time in the last two weeks.
Airlines are seeing bookings plummet and cancellations soar as fear of infection causes many Americans to avoid flying. That’s leading to drastically reduced ticket prices.
United said Sunday night it expects planes to be only 20% to 30% full at best, down from nearly 90% before the virus hit. The airline said the cuts could extend into the peak summer travel season.
The already-delayed professional sports seasons in North America could be on hiatus for significantly longer than first planned after federal officials said Sunday that they recommend all in-person events involving 50 people or more be called off for the next eight weeks.
More than 200 of Indiana’s nearly 300 districts have closed after consultations with local health officials. But, in at least 21 states, officials have ordered closures to try to stop spread of COVID-19.
Stocks are set for more turbulence following a dizzying week that saw the Dow twice fall by more than 2,000 points and also record it’s biggest point gain ever—1,985 points on Friday.
Ascension St. Vincent, Community Health and Franciscan Health have confirmed plans to restrict elective procedures to shore up critical supplies and keep the virus from spreading.
The Trump administration announced Sunday that some of the most vulnerable Americans will be able to get tested for the coronavirus from cars starting this week—a less ambitious program than the swift nationwide testing campaign President Trump promised Friday.
The central bank said the effects of the outbreak will weigh on economic activity in the near term and pose risks to the economic outlook.
Pickup orders and deliveries will still be permitted, but dining rooms must shut to try to slow spread of COVID-19.
But Dr. Anthony Fauci said travel restrictions within the United States, such as to and from hard-hit Washington state and California, probably will not be needed anytime soon.
The dense crowds Saturday at some of the 13 airports where travelers from Europe are being funneled—among the busiest across the country—formed even as public health officials called for “social distancing” to stem the spread of the pandemic.
Across the country, consumer spending—which supports 70% of the economy—is grinding to a halt as fears of the escalating coronavirus pandemic keep people from stores, restaurants, movie theaters and workplaces.
Trump also told reporters at a White House briefing that he had his temperature taken before stepping into the room and it was “totally normal.”
Holcomb signed an executive order meant to speed up deliveries to retailers, which are running short of supplies, by lifting regulations on the number of hours that commercial drivers can work.
Agreement calls for spending tens of billions of dollars on sick leave, unemployment insurance, food stamps and other measures to address the unfolding COVID-19 crisis.
The party leaders did not suggest any delay in the May 5 primary itself.
Investors have been clamoring for strong action from the U.S. government to combat the economic impact of the virus outbreak.
Speaking from the Rose Garden, Trump said, “I am officially declaring a national emergency.” He said the emergency would open up $50 billion for state and local governments to respond to the outbreak.
