As of Monday, March 16, there are more than 173,000 global cases of the coronavirus, with over 6,600 deaths. The United States has over 3,000 cases with 69 deaths. The World Health Organization last week declared the coronavirus outbreak a global pandemic.
Throughout it all, TheStreet and Sports Illustrated have you covered on the news you need to know. Check back daily for the latest updates.
In New York City, the public school system of 1.1 million kids has shuttered until at least April 20. Additionally, restaurants and bars can only do delivery or take-out for the foreseeable future—a decree being instituted in states like Pennsylvania, Ohio, Illinois, and others as well.
Meanwhile, travel from Europe to the United States has been banned for 30 days. The restrictions went into effect March 13 at midnight.
In the sports world, nearly everything has been halted. Last Wednesday, the NBA announced it had suspended all basketball games until further notice. Utah Jazz player Rudy Gobert tested positive for COVID-19, as did his teammate, Donovan Mitchell. Since then, the NHL has also suspended its season along with countless other leagues and teams.
On Sunday, the Federal Reserve slashed interest rates to zero for the first time since the financial crisis. The market fallout has been extreme, with the Dow, S&P 500, and Nasdaq in bull market territory.
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