New York Gov. Andrew Cuomo said in a press conference Sunday that President Trump's unexpected Saturday announcement of a possible "short-term" quarantine of New York, New Jersey and parts of Connecticut to curb the spread of the coronavirus "really panicked people."

Why it matters: Though Trump ruled out the mandatory quarantine later that day, Cuomo said people still called "all night long" asking about the comments and many likely fled the New York area — possibly spreading the virus further.

What he's saying:

"Last night we were fighting two things. You're fighting the virus and you're fighting the fear. I can't tell you how many people called all night long about the mandatory quarantine comment that the president made as he was getting into a helicopter, which was inconclusive, by the way.
But people are so on edge. I mean, it really panicked people. They were going to leave the city last night. So, you need to manage that fear and panic."
— Andrew Cuomo

The big picture: Cuomo announced that the state has registered 7,195 new cases and 237 deaths from the virus, bringing total deaths to 965.

  • Yes, but: While cases have continued to increase, the rate of doubling for hospitalizations has slowed from every 2.5 days to every six days, Cuomo said.
  • At least 846 patients have left hospitals after being treated for the virus, bringing the total number of people discharged to 3,572.

The governor also announced at the press conference that he would extend New York's stay-at-home for nonessential workers until April 15, adding that the government will re-evaluate the orders every two weeks.

  • "I'm not going to paper over the economic reality," Cuomo said. "This is not going to be a quick down, quick up. You're looking at weeks to months. The recovery is going to be complicated."

Go deeper

Virtual school is another setback for struggling retail industry

Illustration: Annelise Capossela/Axios

A virtual school year will likely push retailers even closer to the brink.

Why it matters: Back-to-school season is the second-biggest revenue generating period for the retail sector, after the holidays. But retailers say typical shopping sprees will be smaller with students learning at home — another setback for their industry, which has seen a slew of store closures and bankruptcy filings since the pandemic hit.

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The pandemic hasn't hampered the health care industry

Illustration: Rebecca Zisser/Axios

The economy has been tanking. Coronavirus infections and deaths have been rising. And the health care industry is as rich as ever.

The big picture: Second-quarter results are still pouring in, but so far, a vast majority of health care companies are reporting profits that many people assumed would not have been possible as the pandemic raged on.

Column / Harder Line

How climate and business woes are sinking a natural-gas project

Illustration: Annelise Capossela/Axios

The Trump administration recently touted its approval of America’s first terminal on the West Coast to export liquefied natural gas. There’s just one problem: it probably won’t be built.

Why it matters: The project in southern Oregon faces political and business hurdles serious enough that those who are following it say it will be shelved. Its problems embody the struggles facing a once-promising sector that's now struggling under the weight of the pandemic and more.