Thursday, March 26:
As the U.S. coronavirus death toll sailed past 1,000, the governor of New York — the state with the worst outbreak so far — warned residents they’re “still on the way up the mountain.”
Meanwhile, Americans displaced by the coronavirus crisis filed unemployment claims in record numbers, with the Labor Department reporting Thursday a surge to 3.28 million. Businesses across the country have shut down amid a policy of social distancing aimed at keeping the virus’s growth in check. Individual states have reported websites crashing amid a rush to file.
Late Wednesday, the Senate unanimously passed a $2 trillion stimulus package called the CARES Act — the Coronavirus Aid, Relief, and Economic Security Act — that boosts unemployment insurance payouts and aims to send relief checks to many Americans. To provide additional ways for Americans to access cash, the bill also allows people to take a withdrawal of up to $100,000 from