coronavirus

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Stocks Crater, Immediately Forcing a Halt in Trading

Dow falls more than 2.2K points

(Newser) - Friday's huge surge by the stock market was a distant memory by Monday's opening bell. The stock market cratered in the opening minutes, with the Dow falling more than 2,200 points, or nearly 10%, on coronavirus worries. The benchmark S&P 500 fell by 8% before trading...

From Australian Quarantine, Tom Hanks Starts an Uproar

How much Vegemite he spread on his toast has Australia buzzing

(Newser) - He might be America's dad, but Tom Hanks has managed to trigger genuine Australian horror amid his coronavirus quarantine with wife Rita Wilson: In a post CNET says "channels Mister Rogers," the 63-year-old actor tweeted a picture Sunday that showed a stuffed kangaroo holding a mini Australian...

After Fed Cut, Stock Futures Fall as Far as They Can Go

Fed's 'monetary bazooka' has misfired

(Newser) - Investors appear to have viewed the Federal Reserve's big interest rate cut as desperate, not bold. After the Fed announced Sunday that the rate was being cut to almost zero, futures on the S&P 500 and Dow Jones plunged 5%, triggering the "limit down" to halt further...

Nunes: If You're Healthy, 'It's a Great Time to Just Go Out'

California Republican's advice clashed with what health agencies are recommending

(Newser) - Dining out is no longer an option in California—ditto Ohio and Illinois—but Rep. Devin Nunes, who hails from that state, pushed Americans to do that very thing on Sunday. In a Fox News appearance on Sunday Morning Futures, the Republican emphasized the need for Americans to "stop...

Not Messing Around: Cities Shutting Bars, Restaurants

NYC and Los Angeles, multiple states try to halt spread of coronavirus with mass shutdowns

(Newser) - With social distancing taking hold, schools closing, and the CDC warning against events of more than 50 people, cities and states across the nation are contending with decisions on what else to shut down, and for how long. The New York Times reports that New York City Mayor Bill de...

CDC Warns Against Events With More Than 50 People

Organizers advised to postpone events for at least 8 weeks

(Newser) - American life is set to be upended even more by the coronavirus upbreak under a new recommendation from the Centers for Disease Control and Prevention. The CDC recommended Sunday that events with more than 50 people—including "conferences, festivals, parades, concerts, sporting events, weddings, and other types of assemblies"...

Ireland Closes All Pubs Before St. Patrick's Day

Videos of crowded pubs sparked outrage

(Newser) - This year's St. Patrick's Day will be a somber—and sober—one in Ireland. The Irish government announced Sunday that to combat the coronavirus outbreak, all pubs should remain closed until at least March 29, the BBC reports. The government also strongly advised against holding private parties. Mass...

Hand Sanitizer, All Gone? These People Give It Away

Distilleries are pitching in during the coronavirus pandemic

(Newser) - Trying to buy hand sanitizer? Then you know it's increasingly unavailable or overpriced. That's why distilleries across America are stepping up and cranking out their own product during the coronavirus pandemic, CBS News reports. Whether it's the Old Fourth Distillery in Atlanta, the Durham Distillery in North...

Nation's Biggest School System Is Shutting Down

New York Gov. Andrew Cuomo orders the move that NYC's mayor didn't want

(Newser) - New York City is closing the nation's largest public school system, sending over 1.1 million children home in hopes of curbing the spread of coronavirus, the AP reports. Gov. Andrew Cuomo announced Sunday that schools will close early this week. The decision follows a growing number of school...

Fed Responds to Coronavirus Outbreak With Big Rate Cut

The benchmark interest rate is reduced to nearly zero

(Newser) - The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak, the AP reports. The central bank said the...

New Coronavirus Toll Stuns the World

And President Trump is under fire as Americans surge back home from Europe

(Newser) - Italy shocked the world Sunday by announcing 368 new coronavirus deaths the day before—the highest one-day death toll anywhere since the outbreak began, the New York Times reports. For the record, the World Health Organization says China held the previous record: 254 fatalities on Feb. 13. Italy's overall...

Coronavirus: Exposing Our Health Care System?
Getting Coronavirus
Can Really Cost You
the rundown
Mar 15, 2020 2:00 PM CDT

Getting Coronavirus Can Really Cost You

Is the US health care system ready to tackle this?

(Newser) - With over 3,000 cases of coronavirus afflicting America, is the country's health-care system ready? Not according to the nation's top infectious disease expert or a rash of articles appearing across the Internet. One, by Tami Luhby at CNN , argues that the system is failing on several fronts....

The Box Office Numbers Aren&#39;t Pretty
The Box Office
Numbers Aren't Pretty
Mar 15, 2020 12:46 PM CDT

The Box Office Numbers Aren't Pretty

On a terrible weekend, 'Onward' stays at the top

(Newser) - Ticket sales plunged to their lowest levels in at least 20 years at North American movie theaters, as the coronavirus pandemic led to one of Hollywood's worst weekend's ever at the box office, the AP reports. Studio estimates Sunday show receipts totaled about $56 million in US and...

This Guy Bought 18K Bottles of Hand Saniziter

And now Matt Colvin is in the media spotlight

(Newser) - Matt Colvin isn't exactly feeling the love. In early March—with the coronavirus spreading across America—he bought out hand-sanitizer bottles and antibacterial-wipes in small stores across Tennessee and part of Kentucky, then resold them for a hefty profit on Amazon. "It was crazy money," he tells...

Holy Week at Vatican Won't Include the Public

With Italy shut down during outbreak, Catholics are advised to watch liturgies on TV

(Newser) - The Vatican's Holy Week ceremonies will go ahead but without public attendance as Italy tries to contain the coronavirus outbreak, the Holy See said Sunday. Vatican spokesman Matteo Bruni said in a statement that liturgical celebrations will be held but that who will participate is being reviewed, the AP...

Mnuchin: No Recession Coming
Mnuchin: No Recession Coming
Mar 15, 2020 10:10 AM CDT

Mnuchin: No Recession Coming

A 'big rebound' is possible later in the year, Treasury secretary says

(Newser) - The US economy will slow during the pandemic, Treasury Secretary Steven Mnuchin said Sunday, but it won't tank. "The real issue is not the economic situation today," he said on ABC 's This Week. Mnuchin, a member of the Trump administration's coronavirus task force, added:...

From Italy, Newt Gingrich Warns US to Act Quickly

Former speaker writes of coronavirus lessons seen in a hard-hit nation

(Newser) - Italy has more than 21,000 confirmed coronavirus cases, second only to China. On Saturday alone, 175 people died, CNN reports. All churches, schools, restaurants and shops are closed, except for drugstores and grocery stores. Airports are shutting down. Newt Gingrich, who's living in Italy, says the nation did...

Here's What Not to Take for Coronavirus

France's health minister suggests anti-inflammatories could worsen infections

(Newser) - In case of a coronavirus infection, don't reach for the ibuprofen, the health minister of France has warned. "The taking of anti-inflammatories [ibuprofen, cortisone … ] could be a factor in aggravating the infection," Olivier Véran, who's also a neurologist, tweeted Saturday. Anti-inflammatory drugs can...

Elective Surgeries? Cancel Them, Surgeon General Says

Operations could spread coronavirus and tie up staff, Adams says

(Newser) - The surgeon general is asking hospitals to postpone elective surgeries. Operations risk spreading the coronavirus through the hospital, Jerome Adams warned Saturday, Politico reports, and tie up medical personnel who could be needed to deal with the outbreak. "Hospital & healthcare systems, PLEASE CONSIDER STOPPING ELECTIVE PROCEDURES until we...

US Stores Cut Hours, Close Doors
US Stores Cut
Hours, Close Doors
Mar 15, 2020 8:05 AM CDT

US Stores Cut Hours, Close Doors

Shortened hours give chains like Walmart time to restock, clean

(Newser) - For those Americans whose answer to social distancing is to crowd their local grocery stores and frantically empty paper product aisles like there would never be Charmin to be squeezed again, well, those stores see you and they are reacting. Walmart is typical in its efforts, reports NPR , announcing this...

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