Published 3:11 ET ET May 26, 2020 |
Prohibition of Trump administration travel from Brazil imposed
The White House ban on travelers arriving from Brazil aiming to help prevent the spread of the corona virus will take effect Tuesday night – two days earlier than previously planned. President Donald Trump issued a proclamation on Sunday, which restricted people who had been in Brazil for 14 days from trying to enter the United States. Brazil is the second hardest hit country in the world, with more than 374,000 confirmed cases and more than 23,400 deaths, according to Johns Hopkins University dashboard data. The US is the most severe in the world, with deaths approaching 100,000, the dashboard said. Brazilian President Jair Bolsonaro has repeatedly rejected the pandemic, equating the virus with “a little cold” and urging the country’s governor to lift orders to remain at home and reopen for business.
New York Stock Exchange to start reopening the trading floor
The New York Stock Exchange trading floor will begin a gradual reopening Tuesday, after more than 2 months of trading all electronics. NYSE President Stacey Cunningham said in The Wall Street Journal that brokers would return in smaller numbers at first. They will also take safety precautions, including wearing protective masks when working and adhering to distancing social requirements. The rest of the building will remain largely vacant and most employees will continue to work remotely. No merchants or employees will be asked to enter, but he said he hoped “it will be difficult to make them leave.”
Puerto Rico cautiously reopens the economy, curfews remain in place
Puerto Rico will reopen beaches, restaurants, churches, hair salons and retail stores Tuesday under strict new rules. Governor Wanda Vázquez said 7 pm to 5 pm curfew will remain in effect until 15 June. Everyone will be asked to wear masks when outside or in business, regardless of what they do. Many Puerto Ricans, including business owners, welcomed the much-awaited announcement. But health experts warn that the government hasn’t tested enough people or is tracking enough contacts and is not ready for a possible surge in new infections.
‘Hard’? Coronavirus locking triggered a series of lawsuits against the state
More than 1,300 state or federal lawsuits have been filed on COVID-19 as a governor balancing protecting public health against individual freedom. In Minnesota, churches join insignificant businesses in demanding to block what they call “the cruel closure that takes winners and losers, with devastating effects.” District Judge A. Wilhelmina Wright scheduled a hearing on Tuesday. Lawsuits have come when President Donald Trump has become increasingly vocal in criticism of state restrictions, prompting protests in the state capital and urging churches to reopen despite restrictions.
This is where Americans save, and spend, their money
It’s safe to say that shopping habits have changed drastically during the coronavirus pandemic, with 45% of Americans saying a pandemic has cost money. While many save money on child care and don’t eat out, the new TD Ameritrade survey shows, they still spend more on food and cleaning products. To elaborate: Americans have saved more in quarantine by not going to restaurants (78%)), going on vacation (75%) or buying clothes (73%). But instead, they distributed more food (57%), cleaning products (53%), takeout food (33%) and streaming services (32%). The good side: 82% of Americans say they realize that they don’t need to spend money to have fun.
Contributing: Associated Press
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