In remarks released Monday, Federal Reserve Chairman Jerome Powell said that the increase in new COVID-19 cases both in the United States and abroad was “concerning and could prove challenging for the next few months.
The turbocharger for the market’s move higher has been a huge dose of hope as pharmaceutical companies come closer to delivering vaccines to a world beaten down by the COVID-19 pandemic.
The Government Accountability Office, the nonpartisan auditing agency that works for Congress, was unsparing about the problems with unemployment statistics, as part of a lengthy report that looked at the country’s response to the coronavirus.
In every significant statistical category, November has been a record-setter for the COVID-19 pandemic in Indiana, with cases, deaths and hospitalizations far exceeding even the early months of the coronavirus outbreak.
Nearly 1.2 million people passed through U.S. airports Sunday, the greatest number since the pandemic gripped the country in March, despite pleas from health experts for Americans to stay home over Thanksgiving.
Indiana reported another 38 deaths from COVID-19, the 34th time in 36 days that the daily report has included more than 25 deaths.
At least 1,755 schools across the state have reported at least one positive case of COVID-19, according to the Indiana State Department of Health, involving more than 15,000 students, teachers and staff.
After months of shadowboxing amid a tense and toxic campaign, Capitol Hill’s main players are returning for one final, perhaps futile, attempt at deal-making on a challenging menu of year-end business.
Moderna is just behind Pfizer and its German partner BioNTech in seeking to begin vaccinations against COVID-19 in the U.S. in December.
Top U.S. infectious-diseases specialist Anthony Fauci said the government “almost certainly” will be vaccinating portions of the U.S. population by the end of December, but the country will likely see a surge in COVID-19 cases before that happens.
Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record of $7.4 billion set in 2019.
The Indiana State Department of Health on Sunday reported 4,355 new COVID-19 cases, the lowest count of new cases since Nov. 9.
After dipping slightly on Thanksgiving, hospitalizations due to COVID-19 in Indiana rose to 3,381 on Friday, just three below the all-time high set on Wednesday.
Hospitalizations due to COVID-19 in Indiana dipped for the first time in almost two weeks, dropping from an all-time high of 3,384 on Wednesday to 3,287 on Thanksgiving.
Indiana on Thursday reported another 63 new deaths from COVID-19, the 31st time in 32 days that the daily report has included more than 25 additional deaths.
Republican Jim Brainard said he had a COVID-19 test on Nov. 6, a couple of days after he started having symptoms.
The new findings also indicate an overall death rate from the coronavirus of about 0.26%, but that percentage is closer to 2.3% among citizens ages 65 and older.
The Federal Reserve since June has been buying $120 billion in bonds each month to keep downward pressure on long-term interest rates as a way of giving the economy a boost as it struggles to emerge from a deep recession.
This year could be tougher than ever, as already-existing hurdles, such as a decrease in foot traffic and steady decline in how many people carry cash, are exacerbated by COVID-19.
Plans for the All-Star Game and related festivities in February at Bankers Life Fieldhouse have been scrapped due to the COVID-10 epidemic.
