New economic aid can serve as a bridge before herd immunity is achieved, she added.Visit the Business section of Insider for more storiesThe US economy will struggle for at least a few more months before falling COVID-19 cases and stimulus can drive a full recovery, Treasury Secretary Janet Yellen said Thursday.
"This is really an urgent need, and we need to act big," she added."We've got some tough months ahead before we get control of the pandemic."A top-ranked manager at a firm that handles $50 billion in wealth told us 4 ways investors can smartly play day-trading favorites like GameStop without risking it all
The path of the pandemic also shows a light at the end of the tunnel. The US reported 116,960 new coronavirus cases on Wednesday, according to The COVID Tracking Project. That's the lowest reading since early November. Hospitalizations have also fallen over recent weeks, suggesting the country is finally getting a hold over the virus's spread.