Hicks, a close adviser to President Donald Trump, traveled with him several times this week aboard Air Force One. Trump said he and first lady Melania Trump were tested after they learned about Hicks and were awaiting the results.
Big swings have become typical recently, as investors handicap the chances of a deal on Capitol Hill to send more cash to Americans, restore jobless benefits for laid-off workers and deliver assistance to airlines and other industries.
A similar process was used to issue an approval for remdesivir, one of the only licensed drugs to treat COVID-19. That approval was issued in just over one month, while the standard process can take nearly seven months.
H&M is making its biggest retrenchment ever as the pandemic exacerbates its record inventory buildup. The retailer said Thursday it plans to permanently shut 250 stores on a net basis in 2021 after eliminating 50 this year.
In Indiana, more than 112,000 households are behind 120 days or more on their power bills, a Washington Post analysis of the largest local energy companies’ records found.
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill of $1.6 trillion.
The Indiana State Department of Health on Thursday reported the testing of 8,483 more unique individuals, the sixth time in eight days that testing has topped 8,000.
Economists fear that without further government support, consumer spending will slow significantly in the final three months of this year.
A record number of flu vaccine doses are on the way, between 194 million and 198 million for the United States alone.
Fewer Americans than expected sought unemployment benefits last week. The latest claims numbers reflect gradual labor-market improvement but remain well above pre-virus levels.
U.S. airlines said they will begin furloughing tens of thousands of employees on Thursday, but they left open the possibility that workers could be called back if a federal relief package is reached in the next few days.
At issue is a long-delayed package that would extend another round of $1,200 direct stimulus payments, restore bonus jobless benefits, speed aid to schools and extend assistance to airlines, restaurants and other struggling businesses.
Despite an increase in testing capacity, the seven-day average number of individuals tested has fallen to around 9,000 per day in Indiana.
Prospects for additional support from Congress for the economy helped drive the day’s trading, as they have for weeks.
One of COVID-19’s scariest mysteries is why some people with it become only mildly ill or have no symptoms, while others rapidly die. Scientists are starting to unravel why.
The 28th annual running of the race will be part of a doubleheader in which IndyCar will race on the road course on Aug. 14, followed by the NASCAR race on Aug. 15.
The state has reported 100 deaths from COVID-19 over the past week, up from 61 the previous week.
U.S. Treasury Secretary Steven Mnuchin suggested he’ll offer Democrats a proposal for roughly $1.5 trillion in pandemic relief. He said the plan is similar to one put forward by a bipartisan group of House members.
Restaurants are trying to figure out how to extend the outdoor dining season using space heaters, tents, temporary igloos and even blankets. Heat lamps are already in short supply.
The injunction approved by Judge Sarah Evans Barker means that all mail-in ballots postmarked on or before Nov. 3 and received on or before Nov. 13—10 days after the election—must be counted, if otherwise valid.
