Texas studies one other report leap in circumstances

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Texas studies one other report leap in circumstances

New York is cracking down additional on vacationers heading to the state from areas the place hotspots are seeing steep will increase in new Covid-


New York is cracking down additional on vacationers heading to the state from areas the place hotspots are seeing steep will increase in new Covid-19 circumstances. Gov. Andrew Cuomo added eight new states to New York’s journey advisory, bringing the whole to 16 states from which residents who journey to New York are required to quarantine for 14 days upon arrival. The improved journey advisory comes as former Meals and Drug Administration chief Dr. Scott Gottlieb mentioned he estimates roughly 25% of New York Metropolis residents have probably been contaminated with the virus. 

That is CNBC’s dwell weblog overlaying all the newest information on the coronavirus outbreak. This weblog can be up to date all through the day because the information breaks. 

  • World circumstances: Greater than 10.Four million 
  • World deaths: At the least 509,516
  • U.S. circumstances: Greater than 2.68 million
  • U.S. deaths: At the least 129,545

The info above was compiled by Johns Hopkins College.

Senate extends small enterprise reduction program

10:20 a.m. Singapore time  Senate Democrats efficiently drove a brief extension of a well-liked reduction program for small companies, the Related Press reported.

The GOP-controlled chamber unexpectedly permitted the extension amid rising stress. Republicans had delayed consideration of a fifth coronavirus reduction invoice and are getting ready to go dwelling for a two-week recess.

Sen. Ben Cardin, the highest Democrat on the Small Enterprise Committee, requested for unanimous approval of the extension of the Paycheck Safety Program by Aug. 8. — The Related Press

Texas studies report variety of new circumstances, bans elective surgical procedures in additional counties

Individuals trip previous murals painted on boards overlaying bar home windows on sixth Road on Might 20, 2020 in Austin, Texas.

Tom Pennington | Getty Photographs

6:18 p.m. ET — Texas reported greater than 6,900 new coronavirus circumstances on Tuesday, a report each day enhance that brings the state’s whole to almost 160,000 circumstances, in accordance with the state’s division of well being. There are 6,533 individuals at the moment in Texas hospitals with Covid-19, after one other report enhance, in accordance with the state’s division of well being.

Earlier within the day, Gov. Greg Abbott suspended elective surgical procedures in Cameron, Hidalgo, Nueces and Webb counties to make sure hospital mattress availability for Covid-19 sufferers. There at the moment are eight counties in Texas, together with these housing the state’s largest cities — Houston, San Antonio, Dallas and Austin — which were ordered to postpone elective procedures. —Noah Higgins-Dunn

Specialists inform Congress Trump’s choice to chop ties with WHO is ‘tragic’

President Donald Trump reacts whereas holding a roundtable on the International Funding Threat Evaluation Modernization Act on the White Home in Washington, August 23, 2018.

Kevin Lamarque | Reuters

6:04 p.m. ET — President Donald Trump’s choice to chop ties with the World Well being Group is a “tragic” mistake and can damage U.S. pursuits, 4 world well being specialists testified earlier than members of the Senate.

The witnesses, who included former U.S. Ambassador Jimmy Kolker; former head of the World Fund to Combat AIDS, Tuberculosis and Malaria Dr. Mark Dybul and others, acknowledged the WHO is an imperfect company. Nevertheless, they mentioned the U.S. withdrawal from the United Nations company hamstrings world pandemic preparedness and cedes affect to U.S. rivals, reminiscent of Russia and China.

“You requested, Mr. Chairman, who’s the fireplace division, who responds when there’s an outbreak that threatens to turn out to be an epidemic,” Kolker mentioned, addressing Senator James Risch, a Republican from Idaho who chairs the Senate Committee on International Relations. “My reply to that query is there isn’t any different to WHO.” —Will Feuer

Extra states roll again or pause reopening measures

5:41 p.m. ET — A rising variety of states are rolling again or pausing reopening measures amid spikes in coronavirus circumstances and hospitalizations throughout the nation. This week, Nevada and New Jersey delayed their reopening progress, whereas Arizona closed bars, gyms, film theaters and water parks.

Over the weekend, California ordered bars and counties to shut in choose counties, whereas Washington delayed shifting into the fourth section of reopening. For extra on states’ reopening progress, click on right here.—Hannah Miller

What prime U.S. well being officers say we should always do otherwise for the following pandemic

5:02 p.m. ET — Showing earlier than the Senate Well being, Schooling, Labor and Pensions Committee, Dr. Anthony Fauci, director of the Nationwide Institute of Allergy and Infectious Illnesses, advised lawmakers that the U.S. would want to do a greater job of responding to any future pandemic “in a coordinated means” reasonably than going through challenges with disparate responses throughout future pandemics.

Dr. Robert Redfield, director of the Facilities for Illness Management and Prevention, mentioned now’s the time to make larger investments within the nation’s public well being infrastructure, saying that the U.S. has underinvested within the “core capabilities of public well being” for many years.

Adm. Brett Giroir warned lawmakers that different preventative procedures, reminiscent of most cancers screenings and immunizations, fell drastically throughout the nation’s Covid-19 response, posing a menace the well being system. He added that the U.S. has to proceed to give attention to well being disparities which have led to greater mortality charges for Black individuals and Hispanics. —Noah Higgins-Dunn

UAW needs GM to briefly shut SUV plant in Texas 

An worker makes use of a flash grinder to easy out the steel body of a sports activities utility automobile (SUV) on the manufacturing line on the Normal Motors Co. (GM) meeting plant in Arlington, Texas.

Matthew Busch | Bloomberg | Getty Photographs

4:44 p.m. ET — An area chapter of the United Auto Staff union has requested Normal Motors to briefly shut its Arlington, Texas, SUV plant because of the development of Covid-19 circumstances within the state.

“As a result of most up-to-date information on the Covid -19 outbreak, the Bargaining Committee has requested Normal Motors to close down Arlington Meeting till the curve is flattened for the profit and well-being of our members,” reads a message on the group’s web site. “Each day we’re setting new information within the variety of people who find themselves testing optimistic within the Dallas-Fort Price space.”

Texas Gov. Greg Abbott final week introduced he would roll again a number of the state’s reopening plans, closing bars and lowering capability for indoor eating, amongst different modifications and closures.

GM, in an emailed assertion, mentioned officers are conscious of the request, however “there have been no modifications to our manufacturing plans at Arlington as a result of our security protocols are working, due to a robust group effort.” —Michael Wayland

Cirque du Soleil CEO eyes starting of 2021 for exhibits to return

4:07 p.m. ET — Cirque du Soleil is concentrating on early subsequent yr because the restart date for its exhibits, CEO Daniel Lamarre advised CNBC. The circus would probably start with its Las Vegas and Orlando exhibits as a result of the solid and crew are primarily based domestically, Lamarre mentioned on “Squawk on the Road.”

Lamarre’s feedback come sooner or later after the Montreal-based Cirque filed for chapter safety, citing the impression of the Covid-19 disaster on its enterprise.

Whereas it could take about two years for the corporate to return to pre-pandemic revenue ranges, Lamarre mentioned Cirque wants about 40% of its seats crammed to interrupt even. “With the social distancing, if we may function with 50% of our capability, we’d begin making a little bit little bit of revenue,” he mentioned. —Kevin Stankiewicz

Massachusetts to require guests from most states to self-quarantine

Mass. Gov Charlie Baker offers his each day replace on the State on June 26, 2020 in Boston, MA.

Stuart Cahill | Boston Herald | Getty Photographs

2:53 p.m. ET — Massachusetts Gov. Charlie Baker introduced that beginning Wednesday, vacationers arriving from most states can be instructed to self-quarantine for 14 days.

Guests from Rhode Island, Connecticut, Vermont, New Hampshire, Maine, New York and New Jersey are exempt from the directive. Important important infrastructure employees are additionally exempt if they’re touring to Massachusetts for work functions.

Massachusetts follows different states, together with New York, New Jersey and Connecticut, in implementing journey restrictions on out-of-state guests. —Hannah Miller

Airbus to chop 15,000 jobs amid lengthy journey business restoration 

2:49 p.m. ET — European plane producer Airbus introduced it will likely be reducing 15,000 jobs, largely in Europe, the Related Press studies.

“With air visitors not anticipated to get better to pre-COVID ranges earlier than 2023 and doubtlessly as late as 2025, Airbus now must take further measures,” the corporate mentioned in a press release, in accordance with the AP.

The job cuts ought to start inside months, the AP studies. Whereas the corporate will work towards voluntary cuts and early retirements, layoffs haven’t been dominated out. Airbus’s industrial plane enterprise exercise has dropped round 40% for the reason that pandemic shuttered mass tourism and the airline business. —Suzanne Blake

CDC disenchanted American Airways will resume full flights

2:43 p.m. ET — Robert Redfield, director of the Facilities for Illness Management and Prevention, expressed “substantial disappointment” with American Airways over its plan to renew full flights beginning Wednesday.

Redfield advised the Senate Well being, Schooling, Labor and Pensions Committee that the brand new coverage is at the moment beneath “important evaluate” on the company as he mentioned it would not ship the suitable message to Individuals amid a pandemic.

American Airways advised CNBC that it’s “unwavering in our dedication to the security and well-being of our clients and group members.”

“We’ve a number of layers of safety in place for individuals who fly with us, together with required face coverings, enhanced cleansing procedures, and a pre-flight COVID-19 symptom guidelines — and we’re offering further flexibility for purchasers to alter their journey plans, as properly,” the airline mentioned. —Berkeley Lovelace Jr. 

TSA chief says passenger temperature checks aren’t foolproof 

A TSA officer checks a person’s ID at a screening checkpoint at Orlando Worldwide Airport.

Paul Hennessy | SOPA Photographs | Getty Photographs

2:04 p.m. ET — The top of the Transportation Safety Administration mentioned the federal authorities hasn’t but decided about whether or not to display passengers for top temperatures and that the process won’t be the best at hunting down vacationers with Covid-19.

“I do know in speaking to our medical professionals and speaking to the Facilities for Illness Management is that temperature checks usually are not a assure that passengers who haven’t got an elevated temperature additionally haven’t got Covid-19,” Pekoske mentioned.

The reverse may additionally be true, the place vacationers may have temperatures however not Covid-19. One other challenge is that vacationers might come into shut contact with each other in different areas, reminiscent of at automobile rental workplaces.

The aviation business is grappling with find out how to hold vacationers and staff secure within the pandemic and be certain that clients really feel snug flying once more. U.S. airways now require that vacationers put on masks on board and have threatened to disclaim them flights if they do not comply.

Whereas demand has rebounded from lows hit in April, it is nonetheless off roughly 80% from a yr in the past, in accordance with federal information. —Leslie Josephs

Extra states roll again or delay reopenings as circumstances climb

1:30 p.m. ET — Greater than 12 states have now paused or rolled again their reopening plans as common new circumstances within the U.S. jumped 40% over the previous week to about 39,750 per day on Monday, primarily based on a seven-day shifting common, in accordance with a CNBC evaluation of knowledge compiled by Johns Hopkins College.

New circumstances rose Monday by 5% or extra in 40 states throughout the U.S., primarily based on a seven-day common. Arizona, Florida and California at the moment are seeing a mean of greater than 5,000 new circumstances a day.

On Monday, extra states rolled again or paused their reopening plans as coronavirus circumstances proceed to unfold in states throughout the West and South.

Arizona Gov. Doug Ducey shuttered the state’s bars, gyms, film theaters and water parks and mentioned the state will attempt to reopen the companies in 30 days. New Jersey Gov. Phil Murphy mentioned Monday that the state’s eating places will not be allowed to renew indoor eating on Thursday as initially deliberate, and New York Gov. Andrew Cuomo mentioned he might make an identical choice for eating places in New York Metropolis. —Noah Higgins-Dunn

U.S. may see 100,000 new circumstances per day, Fauci says

Dr. Anthony Fauci, director of the Nationwide Institute for Allergy and Infectious Illnesses, testifies earlier than the Senate Well being, Schooling, Labor and Pensions (HELP) Committee listening to on Capitol Hill in Washington DC on June 30, 2020 in Washington, DC.

Kevin Dietsch | AFP through Getty Photographs

1:14 p.m. ET — The U.S. is “not in whole management” of the nation’s coronavirus outbreak and the nation may see each day new circumstances prime 100,000 per day except motion is taken, White Home well being adviser Dr. Anthony Fauci mentioned.

“I am unable to make an correct prediction, however it’ll be very disturbing,” Fauci advised senators in a listening to held by the Senate Well being, Schooling, Labor and Pensions Committee. “We at the moment are having 40-plus-thousand new circumstances a day. I might not be stunned if we go as much as 100,000 a day if this doesn’t flip round, and so I’m very involved.”

Fauci’s feedback come sooner or later after Dr. Anne Schuchat, principal deputy director of the Facilities for Illness Management and Prevention, mentioned the U.S. has “means an excessive amount of virus” to manage the outbreak proper now. —Will Feuer

Minnesota Amazon warehouse employees have been contaminated with Covid-19 at a better fee than the encompassing space, memo exhibits 

12:50 p.m. ET — Coronavirus an infection charges at an Amazon warehouse in Minnesota have been far greater than the encompassing neighborhood, in accordance with an inside memo obtained by CNBC.

At the least 45 employees at Amazon’s Shakopee facility, often known as MSP1, got here down with the coronavirus, leading to a fee of an infection of 1.7%, in accordance with the memo, which was first reported by Bloomberg.

The memo, issued in mid-Might, exhibits that infections have been practically 5 instances the speed of surrounding counties and much greater than the speed of 0.1% in Scott County, the place MSP1 is situated. 

The memo contradicts Amazon’s earlier messaging in regards to the fee of infections at warehouses. The corporate has beforehand rebuffed accusations that its warehouses have unfold the virus, saying the “total fee of an infection and enhance or lower of whole circumstances is extremely correlated to the general neighborhood fee of an infection.”

Amazon continues to report new coronavirus circumstances at its services nationwide, together with at MSP1, which as of Tuesday, has reported 92 circumstances whole, in accordance with the Minnesota Division of Well being. A complete of 198 coronavirus circumstances have been confirmed amongst Amazon employees all through Minnesota, the company mentioned. Outbreaks have been reported at three different services in Minnesota. —Annie Palmer

Fauci says new virus in China has traits of swine flu and pandemic flu

12:14 p.m. ET — Dr. Anthony Fauci, the nation’s prime infectious illness knowledgeable, advised lawmakers the brand new pressure of flu carried by pigs in China has traits of the 2009 H1N1 virus and the 1918 pandemic flu.

He advised the Senate Well being, Schooling, Labor and Pensions Committee that scientists are maintaining a tally of the virus, which they name “G4 EA H1N1.”

“It is one thing that also is within the stage of examination,” he mentioned. It is not “a direct menace the place you are seeing infections, nevertheless it’s one thing we have to hold our eye on, simply the best way we did in 2009 with the emergence of the swine flu.”

Each H1N1 and the 1918 flu have been each thought of horrific viruses. Fauci has usually in comparison with Covid-19 to the 1918 flu, which is estimated to have killed between 30 million to 50 million. —Berkeley Lovelace Jr.

New York provides eight further states to journey advisory

11:48 a.m. ET — New York Gov. Andrew Cuomo mentioned eight further states have now met the metrics to qualify for the state’s journey advisory, requiring all vacationers headed to New York from these states to quarantine for 14 days, in accordance with a press launch.

The extra states embrace California, Georgia, Iowa, Idaho, Louisiana, Mississippi, Nevada and Tennessee, which “have important neighborhood unfold,” in accordance with the order.

There at the moment are 16 states that qualify for New York’s journey advisory, which was first issued alongside New Jersey and Connecticut on June 24. The quarantine applies to any particular person arriving from a state with a optimistic check fee greater than 10 per 100,000 residents over a seven-day rolling common or a state with a 10% or greater positivity fee over a seven-day rolling common, in accordance with the order. —Noah Higgins-Dunn

U.S. shopper confidence for June jumps

Girls sporting masks carry buying luggage exterior of the Jacadi clothes retailer as town strikes into Section 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 22, 2020 in New York Metropolis.

Alexi Rosenfeld | Getty Photographs

10:57 a.m. ET — Client confidence rose greater than anticipated in June because the U.S. as some stay-at-home and quarantine restrictions have been lifted.

The Convention Board’s shopper confidence index surged to 98.1 for the month, in contrast with economists expectation for a studying of 91 and up from Might’s studying of 85.9, CNBC’s Fred Imbert reported.

“The re-opening of the financial system and relative enchancment in unemployment claims helped enhance customers’ evaluation of present situations,” Lynn Franco, senior director of financial indicators at The Convention Board, mentioned.

Franco famous, nonetheless, “the Current State of affairs Index means that financial situations stay weak. Wanting forward, customers are much less pessimistic in regards to the short-term outlook, however don’t foresee a major pickup in financial exercise.” —Terri Cullen

About 25% of NYC probably contaminated, Dr. Gottlieb says

10:50 a.m. ET — About 25% of individuals within the New York Metropolis space have in all probability been contaminated with the coronavirus by now, former Meals and Drug Administration Commissioner Dr. Scott Gottlieb advised CNBC on Tuesday.

Gottlieb cited a examine revealed Monday by researchers at The Mount Sinai Well being System in New York Metropolis, which steered that 19.3% of individuals within the metropolis had already been uncovered to the virus by April 19.

Researchers famous, nonetheless, that even when that portion of individuals has coronavirus antibodies, it will nonetheless be properly under the estimated 67% required to realize so-called herd immunity, which is required to cease the unfold of the virus. And scientists are nonetheless researching the connection between coronavirus antibodies and immunity, which stays unclear. —William Feuer 

U.S. sizzling spots unfold within the Solar Belt 

UN labor company estimates 400 million jobs misplaced within the second quarter because of coronavirus

9:49 a.m. ET — The coronavirus pandemic is estimated to have resulted in a 14% drop in world working hours within the second quarter of 2020, the Worldwide Labour Group mentioned.

That is the equal of 400 million full-time jobs, which marked a “sharp enhance” on its earlier forecast of 305 million potential job losses.

The UN labor company outlined three eventualities for the roles market within the second half of 2020 and within the “pessimistic” mannequin, it projected a 11.9% decline in working hours, the equal of 340 million jobs. —Vicky McKeever

Shares open flat as Wall Road wraps up its finest quarter in many years

9:35 a.m. ET — Shares opened flat as the main averages are headed for his or her largest one-quarter features in years, studies CNBC’s Fred Imbert and Maggie Fitzgerald. The Dow Jones Industrial Common was down 52 factors, or 0.2%. The S&P 500 and Nasdaq Composite each hovered across the flatline. 

Each the Dow and S&P 500 have been on tempo for his or her finest quarterly efficiency since 1998, surging greater than 16% every. In the meantime, the Nasdaq Composite was up 28.2% quarter so far and was headed for its largest quarterly achieve since 2001. —Melodie Warner

New circumstances within the U.S. rise

Goldman Sachs says nationwide masks mandate may save financial system from a 5% hit

9:02 a.m. ET — Goldman Sachs advised shoppers {that a} nationwide face masks mandate may each reduce the each day development fee of latest confirmed circumstances of Covid-19 and save the U.S. financial system from taking a 5% GDP hit in lieu of further lockdowns.

Jan Hatzius, Goldman’s chief economist, mentioned a nationwide masks mandate may increase the share of people that put on masks by 15 share factors and located that the rule may substitute for lockdowns that will subtract practically 5% from GDP development. —Thomas Franck

An increase in nationalism may result in a fair deadlier pandemic, professor warns

8:22 a.m. ET — An increase in nationalism and inward-looking politics may result in one other, even deadlier, pandemic sooner or later, in accordance with Ian Goldin, professor of Globalisation and Improvement on the College of Oxford.

Goldin, who beforehand served as an advisor to Nelson Mandela and is a former vice chairman of the World Financial institution, advised CNBC that if extra protectionism arises from the coronavirus disaster, the world will face a slew of dangers together with a fair larger pandemic, extra monetary crises and “Chilly Battle 2.0.”

“We face a selection,” he mentioned. “Both the pandemic teaches us to be extra globalized in politics, to cease the following pandemic, to cooperate, to revive world development, or we get extra nationwide, through which case we’re in a downward spiral.”

Goldin has been predicting a pandemic for a number of years, warning in his 2014 e book “The Butterfly Defect” and a 2018 BBC sequence {that a} illness outbreak can be the more than likely explanation for the following world financial disaster. —Chloe Taylor

U.Ok.’s Boris Johnson guarantees to ‘construct, construct, construct’ asserting funding surge

Britain’s Prime Minister Boris Johnson speaks throughout a each day briefing to replace on the coronavirus illness (COVID-19) outbreak, at 10 Downing Road in London, Britain June 3, 2020.

Andrew Parsons | 10 Downing St | through Reuters

7:34 a.m. ET — U.Ok. Prime Minister Boris Johnson has introduced a program of public funding that the federal government hopes will assist the British financial system get better from the coronavirus disaster.

“We can’t proceed merely to be prisoners of the disaster,” Johnson mentioned as he introduced £5 billion ($6.15 billion) of presidency spending on numerous public infrastructure initiatives, starting from hospitals to roads to colleges. “We should work quick as a result of we have already seen the vertiginous drop in GDP (gross home product).”

Promising to “construct, construct, construct”, Johnson introduced plans to extend authorities infrastructure spending and to chop forms round development and improvement. He in contrast his plan to former U.S. President Franklin D. Roosevelt’s “New Deal” program of public works within the 1930s. –Holly Ellyatt

Fauci, different well being officers to testify in Congress

Director of the Nationwide Institute for Allergy and Infectious Illnesses Dr. Anthony Fauci wears a face masks whereas he waits to testify earlier than the Home Committee on Vitality and Commerce on the Trump Administration’s Response to the COVID-19 Pandemic, on Capitol Hill in Washington, DC, U.S. June 23, 2020.

Kevin Dietsch | Reuters

7:13 a.m. ET — White Home well being advisor Dr. Anthony Fauci is scheduled to testify earlier than members of Congress Tuesday at 10:00 a.m ET.

Fauci can be joined by Dr. Robert Redfield, the director of the Facilities for Illness Management and Prevention, and Admiral Brett Giroir, assistant secretary for well being within the Division of Well being and Human Companies. Dr. Stephen Hahn, the commissioner of the Meals and Drug Administration, can be scheduled to testify.

The listening to, an “replace on progress towards safely getting again to work and again to highschool,” can be held by the Senate’s well being and training committee. 

All 4 officers scheduled to talk testified in a full-day listening to earlier than members of the Home only a week in the past when the officers supplied an summary of the U.S. response to the pandemic up to now and warned of a tough Autumn season. —Will Feuer

Learn CNBC’s earlier coronavirus dwell protection right here: New flu pressure present in China; WHO warns ‘the worst is but to return’



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