on Tuesday that more partial shutdowns could be needed in areas where coronavirus cases are surging and restrictions are too lax.
"There are places where positivity rate for the tests is above 20%, where the cases are expanding quickly; where basically everything that you saw in New York way back in March is happening," said Kevin Hassett, former chair of the Council of Economic Advisors. "So for me it does feel like there are some places are too open."from Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis.
Asked whether another lockdown was needed, Hassett responded it "absolutely might make sense" in parts of the US. As of Tuesday, there were over 4.7 million recorded cases of COVID-19 in the US and nearly 156,000 deaths. The US is reporting a seven-day average of over 60,000 new cases and 1,069 deaths a day,The swelling number of cases over the past month led states to halt or reverse plans to reopen their economies, particularly in the South. Trump, however, has downplayed the virus and pushed states to reverse lockdowns implemented in March and April.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 things you need to know before the opening bell - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
TIMELINE: TikTok may be bought by Microsoft after huge pressure from Trump administration - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. People will end public deception media Bloomberg.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of July 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Searchable database of Business Insider pitch decks - Business Insider[Thread] Startups convince investors to fund their ideas using pitch decks. Business Insider regularly seeks out and publishes these decks to give readers an inside look at how successful companies persuaded investors to fund them. For the first time, these decks—presentations that combine slideshows with storytelling—have been combined into a single, searchable library that you can explore. 👇
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider webinar: How influencers earn money in pandemic - Business InsiderSIGN UP NOW: Next week we're talking to YouTube and Instagram influencers with millions of followers about how they're adapting their businesses during the pandemic and earning 6-figure incomes
Source: BusinessInsider - 🏆 729. / 51 Read more »
Off-grid Maui home owned by former oil exec for sale: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ✅ Luxury ✅ Eco-friendly ✅ Prime location Love it!
Source: BusinessInsider - 🏆 729. / 51 Read more »