Even as case numbers climb, reports circulated that the federal government is poised to stop providing federal aid to testing sites in some hard-hit states, including Texas, prompting a top federal official to respond that testing was on the rise.
Here are some significant developments:
- The Dow Jones industrial average fell 709 points, or 2.7 percent, as investors grappled with a spike in covid-19 infections in several states, fueling concerns that an already drawn-out economic recovery will be delayed further.
- The governors of the New York/New Jersey/Connecticut tri-state area jointly announced a travel advisory, which requires a 14-day quarantine for visitors from nine states whose infection rates meet certain thresholds indicating “significant community spread,” according to New York Gov. Andrew M. Cuomo (D).
- The International Monetary Fund on Wednesday said the global economy will shrink this year by 4.9 percent and will be followed by a sluggish recovery as the pandemic has caused more widespread damage than expected.
- Virginia took a big step on Wednesday toward ushering in a new set of coronavirus-era safety rules that companies would be forced to implement to protect workers from infection — a first in the country and potentially a way forward for other states in the face of federal inaction.
- An independent investigation into a Massachusetts long-term care facility where 76 people died of the novel coronavirus and an additional 84 residents tested positive found that errors by officials there contributed to the spread of the virus.