World's COVID cases top 40 million
The number of confirmed COVID-19 cases across the planet has surpassed 40 million, but experts say that is only the tip of the iceberg when it comes to the pandemic's true effect. The milestone was hit Monday morning, according to Johns Hopkins University, which collates reports from around the world. The actual worldwide tally of COVID-19 cases is likely far higher because testing has been uneven or limited, many people have had no symptoms and some governments have concealed the true numbers. The U.S., India and Brazil are reporting by far the highest numbers of cases, although the global increase in recent weeks has been driven by Europe.
Pelosi, Mnuchin work to reach relief deal
House Speaker Nancy Pelosi reported some progress in advance of a Tuesday deadline for reaching a preelection deal with President Donald Trump on a new coronavirus relief package, but the same core problems bedeviling the effort remain in place despite optimistic talk from Trump and his team. Pelosi negotiated for nearly an hour Monday with Trump's top emissary, Treasury Secretary Steven Mnuchin, and a top aide called the talks productive.
Fed vice chair says U.S. faces long recovery
Richard Clarida, vice chairman of the Federal Reserve, said the U.S. economy faces a long and uncertain recovery from the COVID-19 pandemic and requires continued support from monetary and fiscal policy. "It will take some time to return to the levels of economic activity and employment that prevailed at the business cycle peak in February, and additional support from monetary — and likely fiscal — policy will be needed," Clarida told the American Bankers Association in prepared remarks.
Mayor warns more restrictions are possible
Citing a dramatic increase in the number of coronavirus cases since the start of this month, Mayor Lori Lightfoot on Monday threatened to reimpose stricter guidelines on businesses. The mayor didn't specify what measures she would turn to if COVID-19 cases continue to rise and said she hopes to avoid more painful steps. Lightfoot asked residents to stop having dinner parties and card games, noting that people are letting their guard down and getting sick as a result.
Wales locks down much of economy
Wales became the second nation in the United Kingdom to lock down large swaths of its economy to combat rising infections, but British Prime Minister Boris Johnson is resisting loud calls to do the same throughout England. Wales' First Minister Mark Drakeford said his administration was backing a short, sharp "firebreak" to slow the spread of COVID-19. Northern Ireland has already ordered schools to close for the next two weeks, banned most social gatherings and shut down many businesses, including bars and restaurants, for a month.
Governor orders masks in some counties
Gov. Tate Reeves is imposing a mask mandate for public indoor spaces and other restrictions in nine of the state's counties to curb the spread of the coronavirus after weeks of steadily rising case numbers. In the past week, Mississippi has had two days when the daily number of new cases reached more than 1,000.