Charles Morgan How To Navigate The Coronavirus Pandemic

Plus: Facebook Market In The Age Of Coronavirus

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Today started with some not-so-great news: the number of confirmed coronavirus cases in the U.S. jumped 40% overnight, to more than 9,400 cases. But that’s not necessarily a reason to panic-since testing has started increasing in multiple states around the country, we’re bound to discover more cases, even cases of people who are asymptomatic. We also got some good news: President Trump announced that an old drug is going to be tested to see if it is effective against COVID-19, and Americans are finally taking this pandemic more seriously.

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Business

At a press conference today, President Trump said he’d favor banning stock buybacks for companies who receive aid as a result of the pandemic.

Only 3% of stocks in the S&P 500 have seen gains in the past month.

Many are at risk of losing their jobs due to the economic downturn caused by efforts to slow the pandemic. Here are five cities that will be hit the hardest.

Despite communities attempting to enforce social distancing, several companies are fighting to remain open. Leading the pack? WeWork and Tesla.

Science & Health

Coronavirus is particularly dangerous for the elderly and immunocompromised, but we’re starting to see that it isn’t exactly a walk-in-the-park for younger folks either.

People have been panic-buying masks, which has left some doctors and nurses scrambling to find anything that will protect them from COVID-19 infections while they work with patients.

While young adults and infants are still at risk, a new study finds that half of COVID-19 infections in school-aged children are mild.

Abbott Laboratories recently got emergency approval from the FDA for its new COVID-19 test. The test will help speed up diagnostics in hospitals and academic medical centers.

Tracker of the day

Hundreds of events have been cancelled as states begin to ban mass gatherings. Here’s a running list of the impacted events.