The Week in Business: Throwing Money at a Pandemic

  • Date: 30-Mar-2020
  • Source: The New York Times
  • Sector:Economy
  • Country:Middle East
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The Week in Business: Throwing Money at a Pandemic

As the United States surpassed China in the number of confirmed coronavirus cases , record-high jobless numbers brought the economic toll of the pandemic into sharp focus.. More than three million people filed for unemployment benefits in the United States the week of March 15, setting a grim record as the most ever in a one-week period.. Median download speeds have dropped 24 percent in New York, and they're down 4.9 percent across the country.. A hallmark of the new stimulus bill is that most Americans will get cash payouts deposited straight into their bank accounts within the next three weeks, a historic move by the federal government.. Three companies that sold unauthorized coronavirus testing kits are now being questioned by Congress, and their kits have been pulled from the market .. It seems to spread very easily from person to person, especially in homes, hospitals and other confined spaces.. If you're sick and you think you've been exposed to the new coronavirus, the C.D.C. recommends that you call your healthcare provider and explain your symptoms and fears.. If the family member doesn't need hospitalization and can be cared for at