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Coronavirus, Recession: Your Weekend Briefing


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One in four Americans is being asked to stay home in an effort to curb the coronavirus pandemic.

The governors of California, New York, New Jersey, Connecticut and Illinois told their residents to stay indoors as much as possible, issuing far-reaching demands that all nonessential workers must remain at home.


“These provisions will be enforced,” Gov. Andrew M. Cuomo of New York said. “These are not helpful hints.”


More than 24,000 coronavirus cases have been reported in the U.S., with more than 10,350 detected in New York State.


The White House signaled that American companies were increasing efforts to restock hospitals with crucial supplies during the pandemic, but it again stopped short of more assertive steps that some state and local leaders have demanded. Above, temperature checks are required in the White House briefing room.


And Congress is negotiating an economic rescue plan that may cost more than $1 trillion ahead of a possible Senate vote on Monday.


The number of undetected cases is 11 times more than has been officially reported, researchers at Columbia University estimate. Their analysis offers a stark warning: Even if the country cut its rate of transmission in half — a tall order — some 650,000 people may still become infected in the next two months.


Epidemic experts predict an explosion in the number of critically ill patients, and federal grant programs are revisiting what are essentially rationing plans for hospitals, states and the Veterans Health Administration in a severe pandemic.


The coronavirus rampaged through a suburban nursing home in Washington State: Two-thirds of its residents and 47 of its workers fell ill; 35 people died.


Economists say there is little doubt that the nation is headed into a recession because of the pandemic. But it is harder to see how long it will take to climb back.


This week’s initial jobless claims jumped 30 percent over the previous week, to 281,000. But that number pales in comparison to what Goldman Sachs foresees in the next weekly report: 2.25 million.

The prognosis for shuttered independent restaurants, analysts estimate that 75 percent of them won’t make it.


Truckers and warehouse workers at UPS and FedEx feel they have no choice but to keep showing up, even with coronavirus-like symptoms. Grocery workers are facing a similar strain.


Calls to postpone the Tokyo Olympics are growing, with sports organizations opposing Olympic officials’ insistence that the Games go on this summer.


U.S.A. Swimming and U.S.A. Track & Field called for a postponement. Olympic committees in Norway and Brazil have endorsed postponing the Games until 2021. But the president of the International Olympic Committee has not wavered.


The pandemic is compounding financial concerns about women’s sports in particular. Paychecks and sponsor deals were already much smaller for female athletes; now postponements and cancellations have added further uncertainty about their wages.


And the Democratic primary race continues.


Our politics team looked at how Senator Bernie Sanders and important members of his inner circle made a string of fateful decisions that left him ill-positioned to win over skeptical Democrats.

While Mr. Sanders has not ended his presidential bid, he fell far behind former Vice President Joe Biden in the delegate count last week.


Separately, the latest campaign finance reports are in. New figures show just how big a financial hole Mr. Biden was in before he pulled off a remarkable turnaround in the Democratic race. The numbers also show a record-setting $907 million in spending by Michael Bloomberg.


It’s a boom time for the bean industry. Amid all the panic shopping, the growing demand for beans has stood out as an especially potent symbol of the anxious and uncertain times. Beans can be a home cook’s secret weapon.



 
 
 

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