3.25M were infected; 231K have died and 1.01M have recovered.
The S&P 500 gained nearly 13% in April, its sharpest rise since 1987, despite the grim news about the economy and coronavirus.
The Federal Reserve will expand loan offerings and qualification rules for its forthcoming $600 billion lending effort designed to reach small and midsize businesses hit by the coronavirus pandemic, the central bank said.
More than 3.8 million Americans filed for jobless benefits last week as states struggle to keep up with a surge in coronavirus-triggered claims.(WSJ)
Tesla CEO Elon Musk went on a Twitter rampage protesting the various lockdowns meant to curb the novel coronavirus’ spread in the US. Musk tweeted “FREE AMERICA NOW” and shared an article critical about lockdowns(Business Insider)
Bollywood actor Rishi Kapoor, famed for his romantic roles, has died of cancer aged 67.
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