Markets have been trending upward this week, but rising levels of coronavirus infections in several hotspots around the world are raising concerns that all the improvements could get upended.
Gov. Eric Holcomb and state lawmakers have agreed to move forward with the current budget, he said during a scheduled video conference. That includes maintaining the planned $183 million increase in school funding.
The Indiana Department of Health said Wednesday that official COVID-19 cases in the state have risen past 41,000.
LaGrange County’s COVID-19 cases have jumped, with 215 new cases since Memorial Day. In all, the number has almost quadrupled in 21 days.
Economists at IHS Markit said this could be the shortest recession on record for the United States, perhaps just a couple months.
A preliminary version being prepared by the Department of Transportation would reserve most of the money for traditional infrastructure work, such as roads and bridges, but would also set aside funds for 5G wireless infrastructure and rural broadband.
Airlines for America, a trade organization, said a group of major American airlines will begin “vigorously” enforcing face-covering policies after reports of travelers not being held to the safety standard.
The findings could influence policymakers who are facing tough decisions about when and how to reopen schools and daycare centers.
The White House has launched an initiative to quickly manufacture millions of doses of COVID vaccines, once the Food and Drug Administration approves one or more formulations.
The Indiana State Department of Health said 11.2% of those tested for the virus in Indiana so far have tested positive.
Researchers in England say they have the first evidence that a drug can improve COVID-19 survival: The cheap, widely available steroid reduced deaths by up to one-third in severely ill hospitalized patients.
American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll.
President Trump imposed a 60-day pause on visas for foreigners seeking permanent residency on April 22, but the order included a long list of exemptions.
Players would receive their entire salaries for the year despite playing a schedule that’s only about two-thirds the length of the 36-game one that was supposed to start May 15.
Sales at non-store retailers, which include internet companies like Amazon and eBay, rose 9% in May after posting growth of 9.5% in April.
As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.
The program will purchase existing bonds on the open market, as opposed to newly-issued debt. The announcement boosted the stock market, which was already rebounding from early losses.
In the 10 weeks after the Paycheck Protection Program was launched, the SBA says it has processed 4.5 million loans worth $511 billion. But it has yet to reveal the recipients of taxpayer aid.
While it’s hard to say what the future holds for America’s roughly 30 million unemployed, here are some key factors that will determine how that future unfolds.
Nearly 5,000 COVID-19 cases and more than 1,000 deaths have been reported in Indiana long-term-care facilities.
