As coronavirus continues to cripple companies throughout the nation, President Trump signed into regulation ahanded by the Home final week and authorized by the Senate earlier Wednesday. The invoice gives free testing, expanded funding for meals safety packages and paid sick, household and medical depart for employees at corporations with 500 workers or fewer.
The White Home can also be solidifying plans for a 3rd section of the response, which would come with two rounds of direct money funds to taxpayers.
On Wall Avenue, shares took aWednesday and worn out roughly three years of positive aspects, with the Dow closing under 20,000 for the primary time since 2017. There at the moment are greater than 7,000 confirmed instances within the U.S., and at the least 141 individuals have died.
“Keep at dwelling as a lot as potential, restrict the unfold,” Surgeon Common Jerome Adams mentioned Tuesday, reiterating the Trump administration’s attraction for People to keep away from pointless journey and enormous gatherings. “We don’t wish to appear like Italy does two weeks from now.”
In Italy, which has confronted essentially the most instances and deaths exterior of China, 475 individuals died within the final 24 hours alone. Hospitals, docs and nurses have been pushed past capability. Globally, there are greater than 214,000 instances of the virus and at the least 8,700 deaths.
Go to the Centers for Disease Control and Prevention website for detailed data on coronavirus therapy and prevention.