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Longtime International Olympic Committee member Dick Pound on Monday said the 2020 Summer Olympics in Tokyo, Japan, will be postponed due to the Wuhan coronavirus pandemic. “On the basis of the information the IOC has, postponement has been decided,” Pound told USA Today. “The parameters going forward have not been determined, but the Games are not …

Senator Lindsey Graham (R., S.C.) on Monday pushed back on calls to ease some of the restrictions imposed during the Wuhan coronavirus pandemic after President Trump hinted that he’s considering scaling back some restrictions. “Doctors are saying that we should be doing more to contain now, not less,” Graham told CNN. “There is no way for …

“Saturday Night Live” star Chloe Fineman says she isn’t letting the coronavirus lockdown ruin her wedding plans — and is inviting hundreds of thousands to her big day Monday night. “Tomorrow I gonna marry my best friend and the love of my life @shartyparty69 on Instagram live ❤️,” Fineman told her 174,000 followers on Sunday …

US stocks plummeted Monday even after the Federal Reserve threw more lifelines at a national economy facing an increasingly dire threat from the coronavirus pandemic. The Dow Jones industrial average plunged as much as 960.33 points, or 5 percent, despite the Fed’s announcement that it would place no limits on a huge bond-buying program it restarted a …

Democratic 2020 presidential candidate Senator Amy Klobuchar speaks during campaign event in New Hampshire, February 9, 2020. (Brendan McDermid/Reuters) Senator Amy Klobuchar announced Monday that her husband has tested positive for coronavirus and is hospitalized and isolated in Virginia. Klobuchar wrote in a Medium post that he has pneumonia and is on oxygen, but not …

There are a few explanations for the run on toilet paper, but one basic economic lesson explains the shortage. Americans have seen scarcity, bailouts, price fluctuations, and epidemics before, but one thing seems to set the coronavirus emergency apart: The toilet paper. Shelves where the product once was stored are bare—and not just in the …

New Jersey will release up to 1,000 inmates from jails this week as part of an effort to curb the outbreak of coronavirus, which continues to spread rapidly throughout the state. New Jersey Chief Justice Stuart Rabner on Sunday signed the order to release the inmates temporarily, citing the “profound risk posed to people in …

Theater actor Aaron Tveit, who was starring as Christian in “Moulin Rouge! the Musical” before the Broadway shutdown earlier this month, has tested positive for coronavirus. “Hey everyone. I just wanted to update you all that I’ve found out that I’ve tested positive for Covid-19,” he wrote in an Instagram post on Monday alongside a …

True economic resilience comes from the ability to adapt to changes, not ignoring or masking them. Economic downturns are very strange creatures. Regardless of what causes them, the effects are usually the same—people losing jobs, income, and wealth. It’s not uncommon to see war metaphors used to describe an economic crisis—“War in the Time of …

Rep. James Clyburn (D-SC) talks to reporters ahead of a vote in the House of Representatives on a coronavirus economic aid package on Capitol Hill in Washington, March 13, 2020. (Yuri Gripas/Reuters) House Speaker Nancy Pelosi (D., Calif.) worked to scupper the phase-three coronavirus relief package on Sunday after Majority Whip James Clyburn (D., S.C.) …