The doctor said that he had gone through a diffiRetail Shelving Woodcult period and that he could be discharged from the hospital after a few days if he went well.
Thursday's weekly report will likely bring "more scary news," said Beth Ann Bovino, chief US economist for S&P Global Ratings, predicting new claims hitting three million, though some analysts see them going as high as six million.And the April monthly jobs report will also be grim, "with nearly 13 million jobs lost... and an unemployment rate around 15 percent," she said.
Congress in March passed a $2.2 trillion stimulus package to stem the bleeding, one of three measures lawmakers approved to fight the coronavirus pandemic.The stimulus includes direct cash payments to Americans, expanded unemployment insurance and $350 billion for a small business loan program aimed at getting companies to retain employees.However, the rollout of that program has been flawed, with banks frustrated by a lack of clear guidelines on how it works as they face a flood of requests for the cash.
Treasury Secretary Steven Mnuchin said he would ask Congress for an additional $250 billion for the loans, citing huge demand, but that will need to go through Republicans controlling the Senate and Democrats who lead the House of Representatives.While saying the stimulus package will "help cushion the blow," Bovino warned the data shows the US entering a recession, one that is set to be deep.
"With every passing economic indicator and alternative piece of economic news, the outlook deteriorates," she wrote.
In minutes from its March 15 emergency policy meeting, where it slashed the benchmark interest rate to zero, the US Federal Reserve warned the pandemic poses "major downside risks.""Therefore, it has been decided that facial masks will be compulsory for anyone stepping out of their house."
With masks running short around the world, however, one official told AFP that "face cover will be a more appropriate word.""Gamcha (a type of cotton cloth) or any cotton cloth which can cover your mouth can also be used," the official, Mrityunjay Kumar, media adviser with UP Chief Minister Yogi Adityanath, said.
The health ministry on the weekend advised all residents in the nation of 1.3 billion people to cover their noses and mouths with homemade reusable face covers.It also released instructions online on how people could make their own masks.