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Wuhan Coronavirus Tag

About 1.434 million Americans filed unemployment claims last week as states issue another shutdown due to spikes in coronavirus cases. The GDP also crashed to a 32.9% annualized rate, which is the biggest drop on record. Overall, the GDP dropped 9.5% between the first and second quarters. But we have to remember the GDP report contains numbers between March and June. It doesn't tell us what is happening now or tomorrow.

The rate of new coronavirus infections appears to be slowing down for the first time in 2 weeks across the US, with significant reductions reported for Arizona, Texas, and Florida.
On Sunday, Arizona reported a 13% drop in the seven-day average of new Covid-19 cases, logging 2,627 newly diagnosed cases over the previous 24 hours, down from 3,022 the previous week, according to a CNBC analysis of data compiled by Johns Hopkins University.

Last night, Supreme Court Chief Justice John Roberts joined the four liberal justices to deny injunctive relief to a church in Nevada which claimed that lockdown rules discriminated against religious groups, allowing much more lenient reopening for secular businesses such as casinos. This case was similar to the case from California, which we wrote about in late May, SCOTUS: Roberts Joins Liberals To Reject Injunction in California Religious Discrimination Lockdown: