Categories: Market Overview

U.S. coronavirus deaths top 100,000 as country reopens

The novel coronavirus has killed more than 100,000 people in the United States, according to a Reuters tally on Wednesday, even as the slowdown in deaths encouraged businesses to reopen and Americans to emerge from more than two months of lockdowns.

About 1,400 Americans have died on average each day in May, down from a peak of 2,000 in April, according to the tally of state and county data on COVID-19 deaths.

In about three months, more Americans have died from COVID-19 than during the Korean War, Vietnam War and the U.S. conflict in Iraq from 2003-2011 combined.

The new respiratory disease has also killed more people than the AIDS epidemic did from 1981 through 1989, and it is far deadlier than the seasonal flu has been in decades. The last time the flu killed as many people in the United States was in the 1957-1958 season, when 116,000 died.

Total U.S. coronavirus cases are over 1.7 million with some southern states seeing new cases rising in the past week, according to a Reuters analysis of data from The COVID Tracking Project, a volunteer-run effort to track the outbreak.

Globally, coronavirus cases have topped 5.6 million with over 350,000 deaths since the outbreak began in China late last year and then arrived in Europe and the United States. South America is now bearing the brunt of the outbreak, with Brazil having the second-highest number of cases in the world.

U.S. coronavirus deaths top 100,000 as country reopens, Reuters, May 28

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This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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