Day: March 19, 2020

Russia is playing on our coronavirus fears with misinformation

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Russia is already spreading misinformation about the coronavirus throughout the West, according to digital forensics experts and government officials. Why it matters: The most effective misinformation plays into existing fears, especially around health, safety and well-being.

Source: Russia is playing on our coronavirus fears with misinformation

The coronavirus stimulus packages are getting bigger and bigger

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As the Senate was passing a “Phase 2” stimulus package Wednesday to address the coronavirus, the White House and leaders on Capitol Hill were pushing ahead on a “Phase 3” deal that would pump an additional $1 trillion into the economy.

Source: The coronavirus stimulus packages are getting bigger and bigger

U.S. jobless filings jump to 2-year high ahead of coronavirus impact

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U.S. unemployment filings surged to 281,000 in the week ended March 14 — a two-year high and an increase of 70,000 from the week prior — according to Labor Department data released Thursday. Why it matters: There have been widespread layoffs, as municipalities began shutting down restaurants, bars and large public gatherings due to the coronavirus outbreak — but, given that many of those economic hits only came in the last few days, this batch of data doesn’t provide the full scope of their impact.

Source: U.S. jobless filings jump to 2-year high ahead of coronavirus impact

First coronavirus cases in Congress spark push for remote voting

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More than a dozen lawmakers have entered voluntary self-quarantine, and more are expected to — seriously testing Speaker Nancy Pelosi’s proclamation last week that Congress will be ” the last to leave .” Why it matters: The Senate is racing to negotiate a “Phase 3” coronavirus relief package that could top $1 trillion.

Source: First coronavirus cases in Congress spark push for remote voting

California Gov. Newsom issues statewide stay-at-home order

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Nearly 40 million people in California are now required to a stay at home to curb the spread of the novel coronavirus, according to a Thursday evening order from Gov. Gavin Newsom. Why it matters: This is the first statewide order of its kind in the U.S. since the coronavirus outbreak began.

Source: California Gov. Newsom issues statewide stay-at-home order