Fed Chairman Jerome Powell warns that long downturn would mean severe damage

“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”

NIH tests cancer drug that might help treat some of the worst symptoms of COVID-19

According to the National Institutes of Health (NIH), researchers reported that a cancer drug has been found the relieve some of the harshest symptoms in patients with COVID-19.

Pennsylvania sees third straight day of under 400 infections

Officials reported 33 additional deaths and 362 new positive cases of the coronavirus Tuesday. That brings the state's totals to nearly 80,000 cases and 6,276 deaths since early March.

First drug proves able to improve survival from COVID-19

The drug was given either orally or through an IV. It reduced deaths by 35% in patients who needed treatment with breathing machines and by 20% in those only needing supplemental oxygen. It did not appear to help less ill patients.

Outdoor dining, in-person retail resumes in New Jersey

Restaurants who are able to move their businesses outdoors, for the time being, will still be required to enforce social distancing guidelines.

Florida researchers track COVID mutation that suggests virus is adapting to humans

The changes in the virus are within the spike proteins, which are what allows the virus to bind and infect human cells. The mutation, called D614G, stabilizes the spike protein, making it less likely to fall apart. That's why it's more infectious. 

Fear turns to greed on Wall Street as Fed details bond buys

The Dow Jones Industrial Average was down 629 points, or 2.5%, at 24,975, as of 9:48 a.m. Eastern time, and the Nasdaq composite was down 1.5%. The losses were widespread, with 98% of the stocks in the S&P 500 lower

Poll: Black Americans most likely to know a COVID-19 victim

Eleven percent of African Americans say they were close with someone who has died compared with 5% of Americans overall and 4% of white Americans.

National Institutes of Health evaluating drugs prescribed to children with COVID-19

Researchers funded by the National Institutes of Health have launched an effort to evaluate drugs prescribed to treat COVID-19 in infants, children and adolescents across the country.

Some tribes reopen their casinos despite state opposition

Some federally recognized tribes have pushed ahead with plans to reopen their casinos despite opposition from governors who have little to no say in the matter.

Accuracy still unknown for many coronavirus tests rushed out

Months into the coronavirus pandemic there are still unanswered questions about the accuracy of tests used to screen Americans.

Three St. Petersburg bars close after employees test positive for COVID-19

The Galley, Parks and Rec and Avenue Eat & Drink closed their doors one week after reopening after staff members tested positive for COVID-19.

China, Korea, Egypt report rise in COVID-19 cases as curbs ease

China reported its highest daily total of new coronavirus cases in two months on Sunday and infections in South Korea also rose, showing how the disease can come back as curbs on business and travel are lifted.