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.Â
- Global cases: More than 190,000, according to Johns Hopkins University.
- Global deaths: At least 7,519,Â according to Johns Hopkins University.
- U.S. cases: At least 5,702, according to Johns Hopkins University.
- U.S. deaths: At least 94, according to Johns Hopkins University.
The Social Security Administration is closing all of its local offices to the public starting on Tuesday due to coronavirus.
“This decision protects the population we serve â older Americans and people with underlying medical conditions â and our employees during the coronavirus (COVID-19) pandemic,” the Social Security Administration said in a statement.
Local offices will still be available by phone with a priority on critical services, the agency said. That includes benefit payments for those who did not receive their checks or need them reinstated; cases with severe blindness, disability or terminal illness; and eligibility decisions needed for urgent Medicaid approval.Â âLorie Konish
Closed stores will suspend many of the retailers’ typical sales techniques: Tester stations, one-on-one beauty advice and complimentary makeovers. And the retailers will have to overcome potential changes in customers’ habits, as people cut back on social gatherings and work from home. âMelissa Repko
The White House is seeking a stimulus package worth anywhere from $850 billion to over $1 trillion as the Trump administration looks to battle the economic impact from the coronavirus pandemic, according to a source familiar with the matter.
An administration official said the package could include:
- $500 billion to $550 in direct payments or tax cuts
- $200 billion to $300 billion in small business assistanceÂ
- $50 billion to $100 billion in airline and industry relief
The developments came hours after Treasury Secretary Steven Mnuchin said that the Trump administration wants to get emergency funds in Americans’ pockets “immediately” amid the crisis.Â âKevin Breuninger, Lauren Hirsch, Kayla TauscheÂ
New Yorkers should prepare for a “shelter-in-place” order in the coming days, New York City Mayor Bill de Blasio said, adding that a decision will be made in the next 48 hours.
“We are all deeply concerned … this is quite clear this is a fast growing crisis,” he said at a press conference. “All New Yorkers, even though a decision has not been made by the city or the state, I think that all New Yorkers should be prepared right now for the possibility of a shelter-in-place order.”Â âNoah Higgins-Dunn