An oil war between Saudi Arabia and Russia sent the price for a barrel of U.S. crude below $34. Typically, falling energy prices are good for markets and for businesses. However, in times of economic duress, energy prices come to be seen as a barometer of the global economy overall. That appeared to be what happened Monday with crude prices suffering the largest single-day decline since the days following the Sept. 11 attacks.
Federal and state officials in California prepared to receive thousands of people Monday from a cruise ship that has been idling off the coast of San Francisco with at least 21 people aboard infected with the coronavirus. Fences were being installed at an 11-acre site at the port of Oakland, as authorities readied flights and buses to whisk the more than 2,000 passengers aboard to military bases or their home countries for a 14-day quarantine.
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