Coachella postponed to October due to coronavirus.
HHS Secretary Alex Azar says it was impossible "to hermetically seal us off from this outbreak"
"The United States is the hub of the global economy," he said."It was never going to be possible to hermetically seal us off from this outbreak — and we have said that from the very first communications that we've had to the American people about this." Azar said 1.1 million tests had been shipped out this past week, another 1 million are currently available and 4 million more will be available by the end of the week through private partnerships..Wall Street rebounded by the closing bell on Tuesday, with the Dow Jones Industrial Average up almost 5 percent, or 1,164 points, on hopes that President Donald Trump would introduce an economic stimulus package to insulate the economy as the coronavirus epidemic spreads.
“I think fiscal measures such as a payroll tax reduction are likely to be more impactful than the tools the Federal Reserve has, particularly cutting interest rates,” said Greg McBride, chief financial analyst at Bankrate.com. “Putting more money into the hands of consumers or businesses actually drives the economy. It’s not a panacea, but it is likely to be more effective than monetary policy.”Florida Rep.
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