Categories: Market Overview

U.S. COVID deaths top 250,000 as New York City schools halt in-person classes

The U.S. death toll from COVID-19 surpassed a grim new milestone of 250,000 lives lost on Wednesday, as New York City’s public school system, the nation’s largest, called a halt to in-classroom instruction, citing a jump in coronavirus infection rates. The decision to shutter schools and revert exclusively to at-home learning, starting on Thursday, came as state and local officials nationwide imposed restrictions on social and economic life to tamp down a surge in COVID-19 cases and hospitalizations heading into winter.

But eight months after New York City emerged as the nation’s first major flashpoint of the epidemic – its hospitals besieged and streets virtually devoid of human activity – the epicenter of the public health crisis has shifted to the upper Midwest. Governor Tim Walz of Minnesota, one of several states in the region dogged by the country’s highest case rates per capita, ordered all restaurants, bars, fitness centers and entertainment venues closed, and all youth sports canceled, for four weeks.

More than 90% of hospitals’ intensive-care unit beds are already occupied in the eastern half of the state, Walz told an evening news briefing, adding: “We are at a dangerous point in this pandemic.” As of Wednesday, COVID-19 had claimed at least 250,016 lives in the United States, which has documented about 11.5 million infections since the pandemic emerged, according to a Reuters tally of public healthcare data. The United States leads the world in both categories. More than 1,400 of those victims perished during the past 24 hours.

Nearly 79,000 COVID-19 patients were reported in U.S. hospitals as of Wednesday, the highest number yet for a single day, up from about 75,000 on Tuesday, Reuters’ tally showed. Health experts say greater social mixing and indoor gatherings during the holiday season, combined with colder weather, could accelerate the surge, threatening to overwhelm already strained healthcare systems.

U.S. COVID deaths top 250,000 as New York City schools halt in-person classes, Reuters, Nov 19

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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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