The New York Stock Exchange will temporarily close its famous trading floor on Monday after two people tested positive for the coronavirus. Trading is set to resume electronically. On Wednesday, the Dow closed below 20,000, erasing nearly all its gains since President Trump took office. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to react to the extreme economic uncertainty. Source
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Hourly workers may go to work sick: “I can’t afford to miss a day”
Adriana Alvarez, a 27-year-old single mother, works at McDonald’s and currently doesn’t get paid sick leave. Source
Hospitals gear up for spike in coronavirus patients
Hospitals around the country are gearing up for a flood of coronavirus patients. In Brooklyn, a special facility has been built at one hospital just for coronavirus testing. A Wisconsin children’s hospital has seen hundreds of patients tested after a doctor treating immunocompromised children tested positive. Mola Lenghi reports on how health care facilities and staffers around the country are preparing themselves for the influx of coronavirus cases. Source
CDC: Alarming missteps fueled deadly nursing home outbreak
“I’m in shock, this report is despicable,” Carmen Gray, whose mother is one of the residents who tested positive, told CBS News’ Jonathan Vigliotti. Source
Trump calls himself “wartime president” over coronavirus pandemic
There are now more than 9,400 reported coronavirus cases in the U.S., across all 50 states. The death toll has jumped to at least 152. President Trump now says he considers himself a wartime president because of the pandemic. Wednesday night, he signed a $100B emergency aid package into law. The bill includes free virus testing for every American, paid sick leave and expanded unemployment benefits. Weijia Jiang reports on how else the federal government is scrambling to contain the disease. Source
Hurdles as states scrap standardized tests due to school closures
Feds say they have to grant waivers to rules requiring them even as critics say quality of online teaching can’t be assured. Source
Coronavirus updates: Young Americans warned they’re not “invincible”
As the federal government vows to keep an increasingly out-of-work and stuck-at-home population afloat, data reveals a lot of very sick younger adults. Source
Iran freeing 10,000 more prisoners to help fight coronavirus
Supreme Leader has already released 85,000 inmates temporarily as Iran battles disease that’s killed more than 1,100. Source
Coronavirus updates from March 18, 2020
The White House is also solidifying plans for a third phase of the response, which would include two rounds of direct cash payments to taxpayers. Source
Guatemala to resume receiving deportees from U.S.
Thursday’s announcement will likely come as a relief for the Trump administration as it continues its efforts to deter migrants at the U.S.-Mexico border. Source