This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 343,421
- Global deaths: At least 14,790
- US cases: At least 35,224
- US deaths: At least 471
The data above was compiled by Johns Hopkins University.
10:37 am: Government efforts to limit the economic destruction of coronavirus
The federal government is racing to ease the pain facing the U.S. economy as the coronavirus pandemic makes its swift pivot from a public health crisis to financial catastrophe.
The damage from COVID-19, the disease caused by the new virus, is unlike anything in modern times. Economists have warned the fallout could dwarf the 2008 recession, the worst downturn that many Americans can remember.
CNBC has compiled a list of steps taken by the federal government so far, counting actions taken by Congress and the executive branch, including the Federal Reserve,…
