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Stocks roar back as Biden takes the leadStocks on Wall Street surged more than 4% on Wednesday after former Vice President Joe Biden's strong showing in the Super Tuesday Democratic primary contests. Conway G. Gittens reports.
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COVID-19 no longer 'low' risk - Placer County Health OfficerDuring a news conference announcing the first death from coronavirus in California, Placer County Public Health officials recommended everyone aboard a recent Princess Cruise to Mexico voluntarily self-quarantine.
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'The establishment are all those hard-working, middle-class people' -BidenDemocratic presidential front-runner Joe Biden on Wednesday addressed a question by a reporter, who asked if "the establishment was trying to defeat Bernie Sanders."
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Trump announces first U.S. death due to coronavirus
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Stocks roar back as Biden takes the lead
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COVID-19 no longer 'low' risk - Placer County Health Officer
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'The establishment are all those hard-working, middle-class people' -Biden
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U.S. Supreme Court appeared divided in abortion case
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Tennessee searches for survivors after tornadoes
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'You will pay the price': Schumer to conservative justices
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'I'm sorry we didn't win': Bloomberg
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'It's going to be pretty close': Sanders
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'I haven't touched my face in weeks...I miss it.' -Trump
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Trump claims 'detrimental' Obama-era rule slowed coronavirus testing
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'Incredible comeback' for Biden: Trump
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'It's safe' to fly: Trump with airline execs
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Los Angeles County declares coronavirus emergency
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Demonstrators gather as Supreme Court weighs abortion rights case
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Bloomberg ends presidential bid, endorses Biden
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Watch: Trump announces first U.S. death due to coronavirus (Reuters)
U.S. President Donald Trump told Americans there was "no need to panic" after the first U.S. death from the coronavirus was confirmed in Washington state.
Speaking to reporters from the White House briefing room on Saturday, Trump began by praising his administration's efforts to date, in particular Vice President Mike Pence, who earlier this week was tasked with leading the administration's response efforts to the disease.
"It's a tough one but a lot of progress has been made," Trump said. "We moved very early, which turned out to be a big life-safer. We ask the media and politicians not to do anything to incite panic, because there is no need to panic."
Trump's address to the nation was his second in 48 hours about the coronavirus outbreak.
Gallery: Here's what we know about the more than 60 US patients (Business Insider)
To date, 22 patients in the U.S. have contracted the disease, Trump said. In addition to the single death, four others are "very ill," while 15 have either recovered fully or on their way to recovery, the president said, adding that additional cases in the U.S. are likely but healthy individuals "should be able to fully recover."
"If you're healthy, you will probably go through a process and you'll be fine," Trump said.
His remarks followed confirmation of the first coronavirus death in the U.S. on Saturday in King County, Washington, not far from Seattle. It was unclear how the female patient in her 50s, described by the president as a "medically high-risk patient," contracted the virus; the patient had no relevant travel history or close contact with anyone known to have the virus, according to reports.
Trump's remarks and the first U.S. death follows the president's shocking claims on Friday night that the coronavirus was a "hoax" perpetrated by the media and his detractors, including Democratic rivals, and was being unnecessarily blown out of proportion.
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Related:
Coronavirus spread: Three more cases in England (Sky News)
Zaghari-Ratcliffe thought to have contracted coronavirus in Iran prison, says husband (Independent)
Opinion: I have the coronavirus. So far, it isn’t that bad (The Washington Post)
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Pence said Saturday that additional restrictions were made for travel to Iran and were increased to certain regions in Italy and South Korea with large numbers of virus cases.
Meantime, the virus continued its lethal global spread. South Korea reported more than 800 new coronavirus cases on Saturday. In the U.S., health officials in California, Oregon and Washington reported three new cases of coronavirus with no travel history to China.
The U.S. Food and Drug Administration on Saturday said it would allow some 300 to 400 academic hospital labs to begin testing for the virus, allowing for checks of thousands of people rather than the few hundred already tested.
Stocks capped off their worst week since the 2008 financial crisis with more declines Friday as investors braced for a coronavirus pandemic that is now widely expected to dramatically curb global growth - and in turn corporate profits.
The Dow Jones Industrial Average ended the day on Friday down 355 points, or 1.38%, to 25,409, recovering from a more than-1,000 point drop earlier in the day.
Gallery: Coronavirus outbreak (Photos)
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China has been battling an outbreak of a new SARS-like coronavirus (COVID-19), which originated in Wuhan. The virus has claimed over 2,000 lives in mainland China – surpassing the death toll during the SARS outbreak in 2003 – and infected more than 75,000 people around the world. Outside mainland China, Philippines reported its first fatality on Feb. 2, Hong Kong on Feb. 4, Japan on Feb. 14, and France and Taiwan on Feb. 15. A second person died in Hong Kong on Feb. 19. The other countries and regions infected by the novel coronavirus are Egypt, Australia, Belgium, Cambodia, Canada, Finland, Germany, India, Italy, Malaysia, Nepal, Russia, Singapore, South Korea, Spain, Sri Lanka, Sweden, Thailand, UAE, the U.K., the U.S. and Vietnam. On Feb. 11, World Health Organization (WHO) announced a new name for the virus – COVID-19, which stands for Corona Virus Disease 19. The WHO, on Feb. 17, said that the data provided by China indicates a drop in the number of new cases but cautioned that “every scenario is on the table.”
(Pictured) A man wearing a face mask rides an escalator at the Shanghai Hongqiao Railway Station in China, on Feb. 18.
Media personnel chase after a passenger (C) who disembarked from the Diamond Princess cruise ship, which was in quarantine due to fears of the new COVID-19, at the Daikoku Pier Cruise Terminal in Yokohama, Japan, on Feb. 19. Several hundred passengers who endured the horrid 14-day quarantine started de-boarding the ship, if tested negative, on the day. Seven new infected cases were reported in Japan raising the total to 68 outside the ship.
A tourist, wearing a protective face mask amid COVID-19 fears, takes photographs at Marina Bay in Singapore on Feb. 18. The country has more than 80 infected cases so far and has unveiled $4.6 billion in financial packages to deal with the impact of the COVID-19 outbreak, which has battered the city-state’s economy and sparked fears of a recession.
Waiters wearing protective face masks wait for customers outside a restaurant in Kuala Lumpur, Malaysia, on Feb. 17.
A woman wears a protective face mask as she sits on a bus in Bangkok, Thailand, on Feb. 17.
Indians who were airlifted from Wuhan wait to collect their release certificates before leaving the ITBP quarantine facility in New Delhi, India, on Feb. 17.
Military medics stand in a formation after deplaning from a transport aircraft of the People's Liberation Army Air Force (PLAAF) at the Tianhe International Airport in Wuhan, China, on Feb. 17.
People stand near the Westerdam cruise ship in Sihanoukville, Cambodia, on Feb. 18. The liner was docked five days ago after being refused entry at other Asian ports due to fears of the novel coronavirus.
People wear face masks and plastic raincoats as protection at the Shanghai railway station in China, on Feb. 17.
A press conference on the prevention and control of the novel coronavirus outbreak is held by the Joint Prevention and Control Mechanism of the State Council in Beijing, China, on Feb. 17.
Doctor Hangzhou Lu, co-director of Shanghai Public Clinical Center Shanghai, shows a quarantine room for coronavirus patients at the finished but still unused building A2, in Shanghai on Feb. 17.
A teacher gives a lecture with the help of her smart phone during an online class at a middle school in Donghai, China, on Feb. 17.
Liang Yu, ambassador of the People's Republic of China in Peru, gives a press conference about the coronavirus outbreak and economy to foreign correspondents in Lima, Peru, on Feb. 17.
French Health and Solidarity Minister Olivier Véran addresses the media at Bichat hospital in Paris, France, on Feb. 17, on the COVID-19 outbreak.
A couple wearing masks kiss at a shopping area in downtown Shanghai on Feb. 16.
A volunteer cuts a man's hair in Chongqing, China, on Feb. 16. Since the outbreak of the novel coronavirus, most barbershops have been closed. A community in the Beibei district of Chongqing organized a team of volunteer barbers to provide free haircuts for its residents.
Staff of a catering company prepare meals for frontline medical workers in Shijiazhuang, China, on Feb. 16.
A worker wearing a protective face mask removes stickers from the window of a shop in Shanghai on Feb. 17.
Pictures of Pakistani students studying in Wuhan, China, are displayed by their family members during a demonstration in Lahore, Pakistan, on Feb. 16. The family members are demanding the evacuation of their relatives.
Jewish worshipers take part in a prayer for those affected by the coronavirus, at the Western Wall in Jerusalem, Israel, on Feb. 16. The placard in Hebrew and Chinese reads "The Jewish people pray for China."
A U.S. passenger gives a thumbs up to reporters while arriving at the Haneda Airport in Tokyo, Japan, on Feb. 17, after disembarking in Yokohama from the Diamond Princess cruise ship.
An aviation security officer wearing a protective mask stands guard at Halim Perdanakusuma International Airport in Jakarta, Indonesia, on Feb. 15.
Nepalese nationals who were in Wuhan walk out from a Nepal Airlines plane at Tribhuvan International Airport in Kathmandu, on Feb. 16. The chartered plane brought back 175 nationals from Hubei province.
A classroom is cleaned in preparation for students' return to school in Hanoi, Vietnam, on Feb. 15.
The big screen displays a message of support in relation to the ongoing fight against coronavirus during a Premier League football match between Southampton and Burnley FC in Southampton, England, on Feb. 15.
A traffic police official checks a car in Xiaogan, China, amid snowfall on Feb. 15.
People wearing face masks do physical exercises at a park in Beijing on Feb. 15.
Two buses leave the port where the quarantined Diamond Princess cruise ship is docked in Yokohama, on Feb. 15.
A woman is seen wearing a protective mask as she holds a rose on Valentine's Day, while waiting for the subway at a station during rush hour in Beijing, on Feb. 14.
A woman wears a mask while traveling in a bus in downtown Shanghai, China, on Feb. 13.
The Westerdam cruise ship is seen past fishing boats as it approaches the port in Sihanoukville on Feb. 13, where the liner had received permission to dock after been refused entry at other Asian ports due to fears of the virus.
A staff member scans the temperature of visitors at the Singapore Airshow on Feb. 13.
An employee receives payment from a customer through a container on a stick, in Beijing on Feb. 12. A ramp has also been set up to deliver food from the counter.
Visitors wear protective masks as they walk through a nearly empty shopping mall in Beijing on Feb. 12.
Customers have lunch with a transparent plastic panel set up on the table to isolate each other and prevent the spread of the virus, in Hong Kong on Feb. 12.
A nearly empty subway train is seen in Beijing on Feb. 12.
Members of Japan Self-Defense Force attach a military vehicle to a gate of the Diamond Princess on Feb. 12.
A security guard wears a face mask in a subway in Beijing on Feb. 12.
Workers wear masks as they walk outside their dormitory in an electronics manufacturing factory in Shanghai on Feb. 12.
An officer checks the temperature of passengers as a precautionary measure at a border crossing between Syria and Lebanon in Jdaidit Yabws on Feb. 12.
A man wears protective mask at the Shanghai railway station in China on Feb. 12.
A laboratory technician helps a colleague remove the protective suit after leaving a laboratory in Shenyang, China, on Feb. 12.
A woman fixes her mask as she waits for tourists at her shop at Chang Siam Park in Pattaya, Thailand, on Feb. 12.
A worker checks the temperature of a customer at a supermarket in Beijing on Feb 11.
Members of the media stand near the cruise ship Diamond Princess, where dozens of passengers were tested positive for coronavirus, at Daikoku Pier Cruise Terminal in Yokohama on Feb. 11.
People wear masks as a precautionary measure at the Seoul railway station in South Korea on Feb. 10.
A resident wearing a protective face mask looks on at Patan Durbar Square in Patan, Nepal, on Feb. 10.
A Malaysian Royal Guard wears a protective mask as he stands guard outside National Palace in Kuala Lumpur, Malaysia, on Feb. 10.
Tourists wearing face masks visit Gyeongbokgung Palace in Seoul, South Korea, on Feb. 10.
People wear protective masks as they wait to cross the street in Hong Kong on Feb. 10.
A worker wearing a protective suit carries a fogging machine as others prepare to disinfect a business establishment in Shanghai on Feb. 9.
A passenger wearing a mask walks outside the Shanghai railway station in China on Feb. 8.
Workers produce protective clothing at a factory in Wuxi, China, on Feb. 8. The factory, which previously produced suits and sportswear, switched to production of protective clothing as demand increased due to the ongoing coronavirus outbreak.
Family members of passengers from the cruise ship World Dream docked at Kai Tak cruise terminal, wave on shore in Hong Kong on Feb. 8. The cruise ship with approximately 1,800 passengers remained quarantined in Hong Kong's Victoria Harbor on Feb. 8. Several passengers from mainland China on a previous World Dream cruise were found to have the new coronavirus on returning home.
A Hindu devotee wears a mask as she carries a milk pot on her head at a shrine in Batu Caves during the Thaipusam festival in Kuala Lumpur on Feb. 8.
French Health and Solidarity Minister Agnès Buzyn leaves after attending a meeting about the situation of the n-CoV 2019 coronavirus, in Paris, France, on Feb. 8. The minister said that five British nationals including a child have tested positive for the new coronavirus in France.
Tourists wearing face masks line up near a departure gate at the airport in Bali, Indonesia, on Feb. 8. Thousands of Chinese tourists are reportedly stranded in Bali following suspension of all flights to and from China.
Hong Kong Chief Executive Carrie Lam speaks to the media during a press conference on the coronavirus situation in Hong Kong on Feb. 8. Lam said that the government has bought 48 million masks and received 17 million more from China to counter the shortage of masks in Hong Kong.
South Korean Prime Minister Chung Sye-kyun has his temperature checked during a visit to a clinic in Gyeonggi, South Korea, on Feb. 8.
People wearing masks walk in a subway station in Hong Kong on Feb. 7.
People look on from the quarantined cruise liner Diamond Princess, in Yokohama, south of Tokyo, on Feb. 7. About 64 passengers from the ship have tested positive for the virus. Another ship, the World Dream, has been docked and quarantined at the Kai Tak Cruise Terminal in Hong Kong. It has 3,600 passengers and crew on board.
Flight attendants wearing protective clothing and masks serve snacks to Canadians, who had been evacuated from China due to the outbreak of novel Coronavirus on an American charter plane, on another aircraft taking them to Canadian Forces Base (CFB) Trenton from the Vancouver International Airport in Richmond, Canada, on Feb. 7.
Nurses check the temperature of visitors at a hospital in Kuala Lumpur on Feb. 5.
Joe Parisi, Dane County executive, discusses the first confirmed case of coronavirus in a Wisconsin resident as Madison Mayor Satya Rhodes-Conway looks on during a news conference in Madison, Wisconsin, on Feb. 5.
Workers in protective gear are seen on Japan Coast Guard boats in Yokohama, on Feb. 5, bringing patients from the quarantined Diamond Princess cruise ship.
Workers wearing protective gears spray disinfectant on a street at Namdaemun Market in Seoul on Feb. 5.
A public health ministry nurse measures the temperature of a passenger arriving from France, at the Toussaint Louverture International Airport in Port-au-Prince, Haiti, on Feb. 4.
Employees wearing face masks are seen at a hotel near Algiers, Algeria, on Feb. 4, where people who were evacuated from Wuhan.
Sylvie Briand, director of infectious hazard management department at the World Health Organization (WHO), attends a press conference on the coronavirus in Geneva, Switzerland, on Feb. 4.
Beds are set up at an exhibition center, which was converted into a hospital, in Wuhan on Feb. 4.
This handout photo released by Malaysia's Ministry of Health shows citizens being directed onto a bus by health officials as they arrive at the Kuala Lumpur International Airport in Malaysia in Feb. 4.
People wear face masks as they go about their daily lives in Singapore on Feb. 4.
Medical workers hold a strike outside the office of Hospital Authority in Hong Kong, as they demand the closure of borders with China, on Feb. 4.
A nurse checks the temperature of a visitor as part of the coronavirus screening procedure at a hospital in Kuala Lumpur on Feb. 3.
Police walk past signage before the arrival of Myanmar students, who were evacuated on a chartered flight from Wuhan, at the international airport in Mandalay, Myanmar, on Feb. 2.
Members of the Association for Sri Lanka and China Social and Cultural Cooperation (ASLCSCC) hold candles during a vigil to pray for people who are suffering from coronavirus across the world, in Colombo, Sri Lanka, on Feb. 1.
German Minister for Defense Annegret Kramp-Karrenbauer (R) and German Minister for Health Jens Spahn give a joint statement in Bonn, Germany, on Feb. 1, on the evacuation of more than 100 German citizens from Wuhan following the coronavirus outbreak.
Arnaud Fontanet, director of global health department at Institut Pasteur, speaks during a news conference over the latest findings on coronavirus in Paris on Jan. 31.
Tedros Adhanom Ghebreyesus, director general of the World Health Organization, and Didier Houssin, chair of the emergency committee, at the opening of the second meeting of the International Health Regulations (IHR) Emergency Committee for Pneumonia due to the Novel Coronavirus 2019-nCoV in Geneva on Jan. 30.
Medical staff with protective clothing are seen inside a ward specialized in treating people who may have been infected with the virus, at the Rajiv Gandhi Government General hospital in Chennai, India, on Jan. 29.
Passengers arriving on flights wear protective masks at the international airport in Auckland, New Zealand, on Jan. 29.
Students disinfect their hands before entering class at a school in Phnom Penh, on Jan. 28. Cambodia's health ministry reported the country's first case of coronavirus on Jan. 27.
A woman wearing a protective mask prays at the Lungshan Temple on the fourth day of the Lunar New Year, in Taipei on Jan. 28.
Paramilitary officers wearing face masks stand guard at the Tiananmen Gate in Beijing, on Jan. 27.
Dr. David Williams, the chief medical officer of Ontario (C), speaks as Dr. Eileen de Villa, medical officer of health for the city of Toronto (L) and Dr. Barbara Yaffe, Ontario's associate chief medical officer of health, during a press briefing on coronavirus at Queens Park in Toronto, Canada, on Jan. 27. The Ontario health officials announced the confirmation of the first case of coronavirus in Toronto, along with a presumptive second case of the virus in the city.
Images captured by a thermographic imaging device to check the temperatures of arriving passengers at a quarantine station are seen on a monitor at the Oscar Arnulfo Romero International Airport in San Luis Talpa, El Salvador, on Jan. 26.
A security force member stands in front of the pandemic center where a suspected case of coronavirus is under observation at Félix Houphouët Boigny International Airport in Abidjan, Ivory Coast, on Jan. 26.
A banner placed by Indian health workers is seen during a coronavirus information camp for travelers at an India-Nepal border crossing, near Siliguri, India, on Jan. 26.
(L-R) Sabine Hagenauer of the infection department at the 4th medical department of Kaiser Franz Josef Hospital, Michael Binder, medical director of the Vienna Hospital Association, and Judith Aberle of the department of virology, Medical University Vienna, address a press conference at Kaiser-Franz-Josef hospital in Vienna, Austria, on Jan. 26. A Chinese flight attendant was quarantined in the hospital with symptoms of flu, in what authorities suspected as the first coronavirus case in the country.
A health worker checks the temperature of a woman entering a subway station in Beijing, on Jan. 25.
Hong Kong Chief Executive Carrie Lam addresses a press conference in Hong Kong on Jan. 25. Announcing a citywide virus emergency, Lam ordered the cancellation of all official trips to mainland China and school shutdown till Feb. 17.
Security personnel wearing hazardous material suits measure body temperatures of passenger at the entrance of a subway station in Beijing on Jan. 25.
A disinfection worker wearing protective gear sprays anti-septic solution in a train at SRT train station in Seoul, on Jan. 24.
Sanitation workers spray a disinfectant at Suseo Station in Seoul, on Jan. 24.
A passenger holds up an Australian Government document pertaining to the coronavirus as passengers arrive at Sydney International Airport in Australia on Jan. 23.
Locals wear face masks while browsing in a store ahead of the Lunar New Year, in Taipei, on Jan. 23, 2020. A day earlier, Taiwan stopped sending tour groups to, or receiving tour groups from Wuhan, China, due to concerns over the cornonavirus outbreak.
Passengers arriving from China are screened at Kolkata International Airport, India, on Jan. 22. Screening centers have been set up in the Indian cities of Chennai, Bengaluru, Hyderabad and Cochin apart from three airports at Delhi, Mumbai and Kolkata to screen for the coronavirus.
People walk next to signage detailing hygienic practices to prevent the spread of the coronavirus at the Huashan Hospital in Shanghai, on Jan. 21.
Dozens of diggers work to build a new hospital in Wuhan, on Jan. 25. Due to the large number of infected people, the government decided to establish a temporary 1,000-bed hospital.
For the week, the Dow lost 12.4%, wiping some $3 trillion in value off the books. The S&P fell 11.5% and the Nasdaq declined 10.5%. Yields on 10-year and 30-year U.S. Treasuries hit record lows again Friday.
Federal Reserve Chairman Jerome Powell said on Friday that the central bank was "closely monitoring" developments and that it will act when appropriate.
In response to the record stock market declines and the Fed's statement on Friday, Trump had far less praise, telling reporters that the Fed should "be a leader, not a follower," in lowering interest rates to offset declining economic growth, which is widely expected to worsen as the disease continues to spread.
"I think the Fed has a very important role, especially a psychological role," Trump said. "This is something they should have done even beyond this and before this. We should have the lowest interest rates. We don't have the lowest interest rates. Our Fed should be a leader, not a follower. Our Fed has been a follower."
Named for the crown-like spikes on their surfaces, coronaviruses are a type of virus that infect mostly bats, pigs and small mammals. The new virus' official name is severe acute respiratory syndrome coronavirus 2, or Sars-CoV-2. The disease it causes is called Covid-19.