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The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight. The S&P 500 fell 1.9% Monday, deepening its losses from last week. Stocks of companies that need the virus to abate and the economy to return to normal had some of the biggest losses. Cruise lines and airlines fell sharply. Energy stocks also dropped in tandem with crude oil prices. In another sign of caution, Treasury yields pulled back after touching their highest level since June last week. Overseas markets also fell.The drop in stock value came as coronavirus cases reached peak levels in the US over the weekend, while White House chief of staff Mark Meadows proclaimed that the US would be unable to contain the spread of the virus. 788
The Week 12 game between the Baltimore Ravens and the Pittsburgh Steelers has now been moved to Wednesday, the National Football League announced on Monday.The league said the game will be played at 3:40 p.m. ET Wednesday on NBC.This is the third time this game has been moved.It was originally scheduled to be played on Thanksgiving night but was moved to Sunday due to a COVID-19 outbreak within the Ravens.It was then moved from Sunday to Tuesday, and now will be played Wednesday. Last week, reports from the NFL Network said Baltimore Ravens Quarterback Lamar Jackson tested positive for COVID-19.With the rescheduling, the league said other games will be moved around: Steelers will host the Washington Football Team on Monday at 5 p.m. ET which was originally slated for Sunday, while the Ravens will host the Dallas Cowboys on Tuesday, Dec. 8 at 8:05 p.m. ET on FOX/NFL."These decisions were made out of an abundance of caution to ensure the health and safety of players, coaches and game day personnel and in consultation with medical experts," says the NFL.Ravens Coach John Harbaugh released a statement regarding the postponement.We appreciate the efforts of the NFL and Pittsburgh Steelers throughout this process, while we all work to create an environment that keeps the health and safety of everyone involved at the forefront of each decision.Our organization has a plan in place, and we will be prepared to play the Steelers. We thank everyone for their adaptability and look forward to the challenge of facing a very good football team at Heinz Field on Tuesday night.Ravens player Pat Ricard spoke out about the COVID outbreak: The word is out, I tested positive yesterday for COVID. I’ll be using this time to rest/recover along w my teammates/staff who has been affected by this virus. I appreciate all the love and support. We will come back stronger than ever! ?????????— Pat Ricard (@PRic508) November 27, 2020 This story was first reported by Kelly Broderick at WMAR in Baltimore, Maryland. 2030
The University of Washington’s Institute for Health Metrics and Evaluation now projects that 67,000 American lives would be saved between now and December 1 by near universal wearing of masks.The IHME released the updated model on Thursday. As part of the update, the IHME said that four states, Arizona, Florida, Mississippi, and South Carolina, have hit an important metric of a daily death rate of eight per one million residents, and that those states should re-impose statewide closures of non-essential businesses.The IHME’s coronavirus projections have been frequently cited in the past by the White House’s coronavirus task force. The group uses state data along with other metrics to create projections on the number of coronavirus-related deaths throughout the US.The model projects with inconsistent use of masks, the US death toll for the coronavirus will be up to 295,000 by December 1, an increase from the current figure of 158,000, per Johns Hopkins University data. The IHME’s projections drops considerably to 228,000 if masks are worn universally outside of the home.IHME director Dr. Christopher Murray said at a news conference on Thursday that mask wearing mandates work, but communities also respond when they see cases are spreading.“People do respond to the circumstances in their community,” Murray said. “Mandates have an important effect.”One thing the model does not take into account is the use of therapeutics of a possible vaccine. Murray said that the IHME is closely monitoring the effectiveness of two potential therapeutics – remdesivir and dexamethasone – and may adjust future models as more is learned about those drugs.The model expects the number of coronavirus-related deaths to ebb and flow into the fall, but begin to increase by November. "November is a month we expect the spread to increase due to seasonality," Murray said. We are expecting considerable daily deaths. That pushes up our projections."“We expect it rise later in the fall,” Murray added.One cause for concern comes at the end of November when families begin to travel for holidays such as Thanksgiving.Murray said that while mask-wearing is not necessary when around family members of the same household, he said mask-wearing may be necessary for holiday gatherings. Murray said his family is taking the recommendation one step further, and is simply not gathering with extended relatives this fall.What’s built into the IHME’s projection is that a number of states will need to implement stricter closures in order to slow the spread. As part of the IHME’s recommendation, states implement closures of non-essential businesses when there is a threshold of eight deaths a day per million. Also part of the modeling is based on 50% of schools being closed in each state for the upcoming year. Murray said with many schools opening or implementing hybrid models, more will be learned in the coming weeks on how easily the virus spreads within schools.Recent measures in Arizona, California, Florida, and Texas has allowed a small decline in cases, but deaths in those states have not dropped off, according to Murray.“We have been seeing cases peaking and hospitalizations peaking and deaths not quite yet peaking, but we expect them to peak in the near future but we don’t expect a sharp decline," Murray said.To see a state-by-state breakdown of the IHME’s projections, click here. 3403
The recount effort underway in Georgia has uncovered roughly 2,600 ballots that hadn’t originally been included in the tally.State officials say county election officials in Floyd County didn’t upload in-person early votes from a memory card into a ballot scanning machine, according to the Atlanta Journal Constitution newspaper.Floyd County is located in northwest Georgia.In the uncounted votes, there were 1,643 new votes for President Donald Trump and 865 votes for President-elect Joe Biden. County officials say these ballots rectify their discrepancy between the number of people who checked-in to vote and the number of ballots counted in Floyd County.President Trump's campaign issued a statement Tuesday afternoon in response to reports of the previously unaccounted ballots."Recent revelations from Georgia's ongoing statewide recount have shown that President Trump was absolutely correct to raise concerns about widespread voting irregularities that have favored the Biden-Harris ticket," the statement reads. "The State of Georgia must not certify its results until the recount is done accurately and the results are correct."“It’s not an equipment issue. It’s a person not executing their job properly,” said Gabriel Sterling, the state’s voting system manager. “This is the kind of situation that requires a change at the top of their management side."The head of the Republican Party in Floyd County said the issue was concerning, but “doesn’t appear to be a widespread issue,” and he was glad the ballot audit revealed it.Georgia’s audit of the nearly 5 million ballots cast is set to be finalized Friday. 1632
The restrictions will remain in the same terms as implemented since March 21. Both countries will continue coordinating sanitary measures in the border region. The measures will be in force until July 21, 2020.2/2— Embassy of Mexico in the US (@EmbamexEUA) June 16, 2020 278