Economy & Business

Why it matters: Despite murmurs of an impending economic crash, the U.S. has seen strong job growth and record low unemployment as trade wars, sweeping technological change and new media consumption habits are changing the American economy.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8:30 p.m. ET: 1,197,405 — Total deaths: 64,606 — Total recoveries: 246,152Map.
  2. U.S.: Total confirmed cases as of 8:30 p.m. ET: 308,850 — Total deaths: 8,407 — Total recoveries: 14,652Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. The virus is hitting poor, minority communities harder and upending childbirth.
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. "We're having the convention at the end of August."
  5. Business updates: Restaurants step up for health care workers. Employees are pressuring companies to provide protections during coronavirus.
  6. Oil latest: Monday meeting among oil-producing countries to discuss supply curbs is reportedly being delayed amid tensions between Saudi Arabia and Russia.
  7. Education update: Many college-age students won't get coronavirus relief checks.
  8. 1 🏀 thing: The WNBA postpones start of training camps and season.
  9. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Workers press companies for protective measures

Illustration: Eniola Odetunde/Axios

Companies are scrambling to reorganize operations and add protections for employees after a surge of public protests by workers who are fearful of contracting the coronavirus on the job.

Why it matters: America is relying on grocery clerks, warehouse personnel and factory workers for food and other necessities. If they get sick, supply chains could break down, further threatening the teetering U.S. economy.

Go deeperArrow6 hours ago - Health

Ramen sales jump as Americans stockpile for coronavirus

Photo: Rita Maas/Getty Images

Online ramen noodle sales have skyrocketed 578% between Feb. 23 and March 21, as American consumers continue to stash reserves of non-perishables during the coronavirus pandemic, according to a company presentation cited by Bloomberg.

The big picture: Sales of shelf-stable products, including pastas and canned soups, have swelled more than 400% in recent weeks. However, consumers' spending habits throughout the outbreak have recently shifted to office supplies, toys and exercise equipment — a period Walmart has dubbed "Restricted Living," Bloomberg writes.

The desperate hunt for coronavirus personal protective equipment

Photo: Craig F. Walker/The Boston Globe via Getty Images

Counterfeiters and scammers have emerged as the global supply of protective personal equipment continues to dwindle and the search ramps up to find material for healthcare workers treating coronavirus, AP reports.

The big picture: The desperate hunt for protective medical supplies and equipment to fight the pandemic is pitting nation against nation and forcing governors to compete against each other and the federal government — all while the coronavirus death toll continues to rise. America's relations with its trade partners are being tested as it blocks and outbids other nations seeking masks, per The Washington Post.

Go deeperArrow8 hours ago - Health

The stimulus package has a college gap

Photo: Brittany Murray/MediaNews Group/Long Beach Press-Telegram via Getty Images

Congress’ CARES Act will send one-time relief checks to most Americans. But many adults who are tax dependents won’t get a cut of the more than $300 billion set to be distributed in direct payments.

Yes, but: Adults who can be claimed as dependents on another person's tax return don't qualify either for the $1,200 checks or for the $500 add-on for each child.

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