U.S. markets were down Monday morning despite the Federal Reserve announcing unprecedented measures to stabilize the markets. Melissa Armo, C.E.O. and founder of the Stock Swoosh, joined CBSN to talk about what’s happening on Wall Street. Source
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Gilead suspends access to experimental coronavirus drug
Biotech company says it has been swamped with “compassionate use” requests to use the drug remdesivir. Source
Governor Cuomo on the “wave” of coronavirus cases hitting New York
At his daily briefing Monday, New York Governor Andrew Cuomo spoke about the surge of confirmed coronavirus cases in the state and efforts to prevent the pandemic from overwhelming the health care system. He is ordering hospitals to increase their capacity by at least 50%, and called on the federal government to use its powers to help the states get essential medical equipment. Watch his remarks. Source
Fed vows “unlimited” stimulus to fight coronavirus recession
U.S. central bank doing “whatever it takes” in lending efforts, especially in targeting small businesses and cities. Source
Here’s what the military needs to combat coronavirus
Inside the coronavirus wish lists of the nation’s largest healthcare system and employer Source
When are your taxes due in 2020? The IRS extension explained
Individuals and businesses now have more time to file or pay their taxes this year. Here’s how it works. Source
Could COVID-19 survivors’ blood help save ill patients?
People who’ve recovered from the coronavirus have antibodies against it in their blood, which could provide a “stopgap” until there’s a vaccine or cure. Source
Minnesota Senator Amy Klobuchar’s husband has coronavirus
The former presidential candidate disclosed her husband’s infection in a post on Medium. Source
Federal vows “unlimited” stimulus to fight coronavirus recession
U.S. central bank doing “whatever it takes” in lending efforts, especially in targeting small businesses and cities. Source
New York Governor Cuomo on testing potential coronavirus treatments
At his daily briefing on the coronavirus response, New York Governor Andrew Cuomo said the state will participate in testing a potential treatment using the anti-malaria drug hydrochloroquinine. He said New York is also working with the FDA to test a potential treatment using antibodies from the blood of patients who recovered, and to develop a blood test to see if people have developed immunity to the virus. Source