June 24 coronavirus news

40 Posts
Sort byDropdown arrow
10:50 a.m. ET, June 24, 2020

New York City may need to layoff 22,000 employees due to coronavirus pandemic, mayor says

From CNN's Kristina Sgueglia

A person walks past closed businesses in New York on May 21.
A person walks past closed businesses in New York on May 21. Justin Lane/EPA-EFE/Shutterstock

New York City may need to layoff as many as 22,000 city employees to cover a billion dollar budget gap due to the pandemic, Mayor Bill de Blasio said today.

De Blasio opened his Wednesday presser addressing “tough” news discussing the potential option of furloughs and layoffs as the city addresses its revenue shortfall.

“We are dealing with the greatest economic crisis this city has known in almost 90 years,” on top of the healthcare crisis, he said. 

The city estimates a minimum of $9 billion of lost revenue, with the possibility that it may be more.

In a matter of days the city has to pass the budget. They have adjusted it down to an $87 billion budget — down from a $95 billion-plus budget in February.

De Blasio said it’s getting to the point where the city will have to make “very very difficult choices”

He continued: “The last resort would be layoff and furloughs,” of city workers, he said, adding he doesn’t want to do it but “we are running out of options here, that is the blunt truth.”

When asked which agencies would see layoffs the mayor said, “If we get to that level” it would “literally be every single agency, and the mayor’s office.”

He added that the city is in deep conversations with labor unions trying to find better alternatives.

10:33 a.m. ET, June 24, 2020

Study shows Black Lives Matter protests have not led to a jump in coronavirus cases

From CNN's Leah Asmelash

People sit by Tweed Courthouse, near New York City Hall, during an anti-racist protest on June 23.
People sit by Tweed Courthouse, near New York City Hall, during an anti-racist protest on June 23. Tayfun Coskun/Anadolu Agency/Getty Images

Despite warnings from public health officials, new research suggests Black Lives Matter protests across the country have not led to a jump in coronavirus cases.

A new study, published this month by the National Bureau of Economic Research, used data on protests from more than 300 of the largest US cities, and found no evidence that coronavirus cases grew in the weeks following the beginning of the protests.

The study comes as new data shows that more and more young people are testing positive for coronavirus, particularly in states that have opened back up.

In fact, researchers determined that social distancing behaviors actually went up after the protests — as people tried to avoid the protests altogether. But obviously, these demonstrations caused a decrease in social distancing among actual protesters.

"Our findings suggest that any direct decrease in social distancing among the subset of the population participating in the protests is more than offset by increasing social distancing behavior among others who may choose to shelter-at-home and circumvent public places while the protests are underway," the report reads.

Keep in mind: It's still possible that protests may have caused an increase in the spread of the virus among those who attended protests, according to the report.

Researchers also noted that the effect of protests on social distancing and stay-at-home orders may fade as the violence and scope of protests decline.

As the protests begin to lessen or become less intense, non-protesters will feel safer leaving their homes.

Read more about the study here.

10:27 a.m. ET, June 24, 2020

New York City Marathon canceled because of coronavirus

This year's New York City Marathon has been canceled because of coronavirus concerns, event organizers announced today.

The annual event, considered the world’s largest marathon, was scheduled for Nov. 1, but was called off "due to coronavirus-related health and safety concerns for runners, spectators, volunteers, staff, and the many partners and communities that support the event," the New York Road Runners announced today.

"While the marathon is an iconic and beloved event in our city, I applaud New York Road Runners for putting the health and safety of both spectators and runners first,” New York City Mayor Bill de Blasio said in a statement. "We look forward to hosting the 50th running of the marathon in November of 2021." 

9:52 a.m. ET, June 24, 2020

Former Florida data official says her own Covid-19 site is more transparent than state reports

From CNN's Aditi Sangal

Rebekah Jones, the data official behind Florida's Covid-19 dashboard, has launched her own dashboard, which reports more cases than the state reports.

She attributes these differences to including non-residents who test positive or die of coronavirus in Florida.

“If you were sick in Florida and you died in a Florida hospital, you should be included in that total," she told CNN.
“They're not people who got sick and then went home to Massachusetts and died,” she explained why she chose to include non-residents. “I think that people care more about where the virus is in their community than they do whether or not somebody has a permanent legal address in Florida.”

Another point of differentiation is including everyone who tested positive, regardless of the type of tests that they have received.

Some background: Jones was removed from the state's scrutinized dashboard project after she questioned other officials' commitment to accessibility and transparency, according to Florida Today.

She tweeted several tweets yesterday claiming that the the state’s health department officials have been instructed to change and delete numbers of Covid-19 cases and deaths to make it looks like “Florida is improving next week in the leadup to July 4."

“I wouldn't come forward with anything unless I had vetted it myself fully. There was a lot of pressure when I was first fired for not changing the numbers,” she said. “There are a few brave souls at DOH who still talk to me and communicate with me. They’ve forwarded me emails, communications, other documentation. I have checked my numbers myself through the data and the information that the DOH publishes and unfortunately, that does seem to be what's going on.”

Watch the interview:

9:40 a.m. ET, June 24, 2020

US stocks open lower over rising Covid-19 cases and renewed trade fears

From CNN’s Anneken Tappe

US stocks ticked lower on Wednesday as investors grapple with rising Covid-19 cases as well as worries about a second lockdown.

Trade wars are also worrying investors as the US weighs an additional $3.1 billion of European imports with tariffs.

 Here is where things stood at opening:

  • The Dow opened 0.9%, or 244 points, lower.
  • The S&P 500 dropped 0.7%.
  • The Nasdaq Composite slipped 0.4%. The index is now on track to break an eight-day winning streak, which was its longest since December.
9:35 a.m. ET, June 24, 2020

Coronavirus cases are increasing in more than half of US states — and just 1 has a 50% decrease

There is only one state in the US right now that is reporting at least 50% decrease in new coronavirus cases

Connecticut reported at least a 50% drop in news cases in the past week compared to the previous week, according to data from Johns Hopkins University.

Another 13 states are reporting decreasing case counts at a rate between 10% and 50%, including New York, Massachusetts, Alaska and both North and South Dakota.

But more than half of US states — 26 of them — are seeing new coronavirus cases increase compared with the prior week. Among those states, at least 10 are reporting a 50% increase or higher.

Here's the full breakdown of where cases are trending across US states:

9:29 a.m. ET, June 24, 2020

US gasoline demand more than halfway back from pandemic induced lows

From CNN’s Alison Kosik

Gasoline consumption in the United States has just hit a big milestone. It is now more than halfway back to pre-Covid-19 levels as drivers get back on the road again. 

According to the Oil Price Information Service (OPIS) gasoline sales have been rising at an average of 6.4 % per week since the low point in April when demand was “sliced in half.”  

“There is still more ground to cover, but the positive trends are a sign of recovery,” said Fred Rozell, president of OPIS.

In a release, OPIS fill-ups at the pump hit the rock bottom in the second week of April, down 49% from 2019 volumes, as spiking Covid-19 cases led to the shutdown of the economy and stay-at-home orders across the nation.

That was also the week that oil exporting countries hammered out the OPEC+ deal—with the direct involvement of the United States—to reduce production in a greatly oversupplied market experiencing record-low crude prices. 

The most recent OPIS survey shows that in the second week of June demand was down 22%, compared to the same week in 2019, but regional disparities are still prevalent. 

“Although people talk about ‘demand destruction’, it’s actually been ‘demand contraction’ in response to the economic shutdown,” said Daniel Yergin, vice chairman, IHS Markit. “And now we’re seeing demand ‘uncontracting’ as people get back into their cars.”

9:29 a.m. ET, June 24, 2020

IMF forecasts even deeper recession for global economy in 2020 following pandemic

From Julia Horowitz and Chris Liakos

The International Monetary Fund is warning that the global economic slowdown will be even worse than its first forecast.

Global growth is now expected to shrink by 4.9% this year, down from its April estimate of a 3% contraction, according to IMF’s world economic outlook. That was already due to be the deepest slump since the Great Depression of the 1930s.

“The Covid-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast,” the IMF said in its report. 

Here are some individual country forecasts:

  • The US economy is expected to shrink by 8%, while euro area output could decline by 10.2%, according to IMF.
  • In Latin America, the current virus epicenter, Brazil's economy is expected to contract by 9.1%, while output in Mexico could decline by 10.5%.
  • China, which got a head start on the recovery, is expected to see growth of 1%, in part due to policy support from the government.

IMF’s new outlook is better than recent forecasts from the World Bank and the Organization for Economic Cooperation and Development (OECD).

IMF did note however that there is a "higher-than-usual degree of uncertainty" around the forecast.

9:17 a.m. ET, June 24, 2020

Cases are rising vertically in some US states. Here's a look at where numbers are going up.

From CNN's Christina Maxouris

At least 26 states are seeing new coronavirus cases increase compared with the prior week. Remember, the number of states where cases are increasing is also on the rise.

California, Florida and Arizona are reporting thousands of new cases each day. And in Texas, health authorities have said new cases and hospitalizations are rising at their fastest rate yet.

  • California recorded a striking 5,019 new cases on Monday — topping the state's daily case record for the fourth time over the past week.
  • In Florida, officials announced 3,289 confirmations in a day. Jackson Health System, a nonprofit academic medical system in Miami, has seen an 101% increase in Covid-19 patients in the past 15 days,
  • In Texas, health authorities have said new cases and hospitalizations are rising at their fastest rate yet —a rate that Gov. Greg Abbott called "unacceptable." The state reported more than 5,000 cases in a single day, breaking their previous record.

Here's a map showing where cases are going up:

Dr. Anthony Fauci testified before Congress yesterday and gave a broad assessment of where the country stands in the pandemic, warning that in some areas of the United States, "we're now seeing a disturbing surge of infections."

Watch the latest on the Covid-19 figures: