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The U.S. has now seen two straight weeks in which at least 100,000 people are confirmed to have contracted COVID-19 each day.On Monday, the U.S. reported 166,000 new cases of the virus, marking the 14th consecutive day with 100,000 or more new cases of the virus, according to a database kept by Johns Hopkins University.The last day new cases totaled less than 100,000 was on Nov. 2. Since then, about 1.9 million Americans have contracted the virus, the rolling 7-day average of hospitalizations across the country has increased from 50,000 to 65,000 and daily deaths on a rolling 7-day average have ticked up from 824 a day to 1,114 a day.That 14-day time span has also seen seven days in which record numbers of new cases were reported. The current record was set on Friday when 177,000 people in the U.S. were confirmed to have contracted COVID-19.The current spike in caseloads has led hospitals across the country to become inundated with patients, overwhelming resources. The COVID Tracking Project reports that most of those hospitalizations are occurring in the Midwest, where rural hospitals in places like Iowa and South Dakota are running short on bed space.The current standard was predicted in June by Dr. Anthony Fauci, the nation's highest-ranking infectious disease expert. During a Senate hearing, Fauci stunned lawmakers by predicting that the U.S. could reach a point where 100,000 people were being infected each day if "disturbing trends" continued.Fauci's comments in June came during a summer spike in cases which saw infection rates top out at about 77,000 new cases each day.The current spike in cases comes as drugmakers like Pfizer and Moderna have reported encouraging results in vaccine trial results. While both vaccine candidates are on track for Emergency Use Authorization by the end of 2020, the drug likely won't be widely available to the general public for several months — Fauci has predicted that a vaccine will be widely available in the U.S. by April. 2002
The wife of a Marine veteran self-deported to Mexico on Thursday rather than be arrested by immigration officials.The Associated Press reports that Alejandra Juarez and her eight-year-old daughter boarded a plane at Orlando International Airport Thursday after a teary goodbye with her husband and 16-year-old daughter.Jaurez had been told earlier this week that she would be deported Aug. 3 after Rep. Darren Soto could not pass legislation to keep Jaurez in the US.In a statement issued to CNN earlier this week, ICE says "Juarez was initially apprehended and removed from the country after attempting to enter illegally from Mexico in 1998. He said she later illegally re-entered the United States after being removed — which is a felony." 765
The Wall Street roller coaster started to climb again.The Dow closed up 401 points, or 1.6%, on Thursday. The broader S&P 500 gained 1.9% and the Nasdaq surged 3%, its best day since March. Stocks bounced back after a sharp drop Wednesday that sent the Nasdaq into a correction.The market has slumped badly in the past several weeks, but it hasn't fallen in a straight line. Volatility is spiking, and huge sell-offs have been interspersed with big gains, including October 16's 548-point jump for the Dow and October 12's 287-point gain.Still, the back and forth has been heaviest in one direction: down. The S&P 500 was less than a percentage point drop away from entering a correction Wednesday. Investors had been looking for strong corporate earnings to drag stocks out of the doldrums, but earnings have disappointed this quarter. That gave already nervous investors more anxiety."No matter how good the report or how positive the guidance, investors are looking for the exits," said Justin Walters, cofounder of Bespoke Investment Group, in a note to investors Thursday. "Companies that are reporting earnings this season are getting slaughtered."The average stock has fallen 2% the day after reporting earnings this quarter -- the worst performance of the 21st century, according to Walters.Concerns about rising rates and the trade war have spooked the markets this month. The S&P 500 has fallen 7% in October. And the Nasdaq is down 9%, on track for its worst month since November 2008. Only 13% of stocks are trading above their 50-day moving averages, evidence that Walters believes suggests stocks have been oversold.Investors agreed on Thursday at least. They saw a buying opportunity, particularly in tech.All of the FAANG stocks were up more than 2%. Amazon led the pack, up 7%.Twitter (TWTR) spiked 16% after reporting higher profit and more engaged customers despite losing users overall. Netflix (NFLX) rebounded after plummeting 9% Wednesday. Microsoft (MSFT) rose about 6% after reporting strong earnings the night before.Tesla (TSLA) was up 9%. The company reported by far its most profitable quarter in history late Wednesday, lessening concerns of a looming cash crunch that had been weighing on shares.Tech will be tested again later on Thursday: Alphabet, Amazon (AMZN), Snap (SNAP) and Intel (INTC) all will post their quarterly financial report after the bell.Southwest (LUV) fell 9% after reporting higher oil prices would pinch profit in the future. But American Airlines (AAL) rose 7% following strong earnings Thursday morning.The Dow tumbled more than 600 points on Wednesday, and the Nasdaq lost 4%, its worst one-day percentage drop in more than seven years. 2768
The US Department of Education has opened an investigation into the Ohio State University's handling of former students' allegations of sexual misconduct by a school doctor, according to the university.The federal investigation will be conducted by the department's Office for Civil Rights (OCR), which oversees Title IX complaints, the school said in a statement Thursday.The inquiry, led by the OCR's regional office in Cleveland, Ohio, "will examine whether the university is responding promptly and equitably to complaints and reports by former students," the statement said, "including allegations that employees knew or should have known about the sexual misconduct and allowed the abuse to continue."The scandal surrounding the alleged actions of the late Dr. Richard Strauss has grown since the university first announced in April its own investigation, headed by the law firm Perkins Coie, to look into claims made by male former athletes on 14 sports teams.Since then, more than 100 former Ohio State University students have reported firsthand accounts of sexual misconduct by Strauss, the school said last month.Some of them, mostly former student athletes, have come forward to publicly claim that Strauss sexually abused them under the guise of a medical examination.According to the school, the alleged abuse took place between 1979 and 1997."We welcome the involvement and careful oversight of OCR and look forward to providing any information we can," said Gates Garrity-Rokous, the school's vice president and chief compliance officer, in a statement about the US Department of Education's investigation."We responded promptly and appropriately to the allegations received in April about Dr. Strauss," Garrity-Rokous continued. "We are confident in the independence and thoroughness of the investigation we launched then as well as our ongoing commitment to transparency."The-CNN-Wire 1910
The US Air Force apologized Thursday for its ill-advised attempt to incorporate the viral "Yanny" or "Laurel" meme into a tweet about repelling a Taliban attack in Afghanistan.In what was clearly a major social media fail, the initial tweet -- which was posted by the Air Force's official account earlier in the day -- attempted to put a playful spin on the popular meme currently sweeping the internet by comparing it to the distinctive sound of the 30mm cannons aboard an A-10 Warthog aircraft."The Taliban Forces in Farah city #Afghanistan would much rather have heard #Yanny or #Laurel than the deafening #BRRRT they got courtesy of our #A10," the tweet said.The tweet has since been deleted and replaced with an apology that said the initial post was "made in poor taste.""We apologize for the earlier tweet regarding the A-10. It was made in poor taste and we are addressing it internally. It has since been removed," the second post said.Politicians, corporate brands and even the Department of Defense's official Twitter account have weighed in on the debate centered around a viral audio clip that says either "Yanny" or "Laurel" depending on the listeners interpretation.But the Air Force's post incorporating the pop-culture reference sparked criticism from those who said it was inappropriate to mention the meme in a tweet about the thwarted Taliban attack .When asked about the controversy on Thursday, Pentagon Spokeswoman Dana White said she wasn't aware of the tweet."What is important to understand is that this is the Afghans' fight. We are working by, with and through these partners. And they are dying to secure their own future and I think that shouldn't be forgotten in any of this," she added.The US military helped Afghan troops repel a major Taliban attack on the Afghan provincial capital Farah on Tuesday and Wednesday that punctured the security perimeter surrounding the city, US and NATO officials told CNN.The Pentagon said Thursday some US advisers assisted in the fight and coalition airstrikes also took place. US A-10 attack jets also flew overhead but did not conduct any strikes.It was unclear how close the Taliban came to capturing the city, which would have represented a major blow to the Afghan government.The insurgents claimed they briefly seized the city center, while the NATO-led coalition said it saw no direct evidence that they ever made it into the city.Afghan A-29 attack planes and Mi-17 helicopters carried out multiple airstrikes in defense of the city.US military advisers eventually arrived in the city to assist Afghan military commanders at their headquarters, helping to call in drone strikes that killed some 28 Taliban fighters, Lt. Col. Martin O'Donnell told CNN.He said US troops also arrived to advise Afghan commando units involved in the counterattack but did not participate in offensive operations. 2877