Mar 24, 2020 - Economy & Business

America's new favorite pastime

Go deeper

Fauci: U.S. "starting to see glimmers of hope" in new coronavirus cases

The U.S. is starting to see "glimmers of hope" when it comes to the coronavirus pandemic, despite recent increases in the rate of reported deaths due to the illness, Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, told Fox News.

The big picture: Fauci said deaths generally lag behind the number of new cases and hospitalizations. The latter two indicators are what's "fueling the outbreak," Fauci said. He pointed to stabilizing or decreasing numbers of key indicators in New York as a sign that "we should start to see the beginning of a turnaround," after this week.

Go deeperArrow14 hours ago - Health

U.S. coronavirus updates: Daily death toll exceeds 2,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

The novel coronavirus has now killed more than 2,000 people for the second day in a row, and it's infected more than 431,000 others, per Johns Hopkins data.

Where it stands: More than 14,700 people have died of COVID-19 in the U.S. — including over 4,500 in New York. The state's death toll surged to its highest one-day total on Wednesday — beating the previous day's record. 779 people died in New York in 24 hours. The state has reported more cases than the most-affected countries in Europe.

Go deeperArrowUpdated 3 hours ago - Health

Coronavirus sends local news into crisis

Illustration: Sarah Grillo/Axios

Dozens of local newsrooms began laying people off this week out of fear that the economic hit of the coronavirus could severely impact their ad revenue.

Why it matters: Local news was already facing dire strains in the United States. The coronavirus and a pending recession could push the industry into near collapse at a time when people need access to local news and information more than ever before.