November 21, 2020

U.S. reports nearly 200,000 new cases as more than 1,500 people die daily

A patient arrives outside Maimonides Medical Center, as the spread of the coronavirus disease (COVID-19) continues, in Brooklyn, New York, U.S., November 17, 2020.

Brendan McDermid | Reuters

The United States reported more than 195,500 new cases of the coronavirus on Friday, a record-high spike less than a week before Thanksgiving, which public health officials are warning could further exacerbate the outbreak.

Friday’s jump of nearly 200,000 cases brings the seven-day average of new cases up over 167,600, an increase of nearly 20{6b17707e448e34f54d6d1a9e433426abf2addbba8938cba1c35a09fc0ada7803} compared with a week ago, according to a CNBC analysis of data compiled by Johns Hopkins University. The seven-day average of new cases are up by at least 5{6b17707e448e34f54d6d1a9e433426abf2addbba8938cba1c35a09fc0ada7803} week over week in 43 states and the District of Columbia, Hopkins data shows.

The rise in cases is driving a surge in hospitalizations and deaths. More than 82,100 people are currently hospitalized with Covid-19 across the country, more than at any point before during the pandemic, according to data from the COVID Tracking Project, which is run by journalists at The Atlantic.

The Atlantic obtained data earlier this week from the Department of Health and Human Services that showed about 20{6b17707e448e34f54d6d1a9e433426abf2addbba8938cba1c35a09fc0ada7803} of American hospitals faced or

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Coronavirus latest: Oil market to remain oversupplied until 2022, Fed’s Kaplan says

The US Centers for Disease Control and Prevention is urging Americans not to travel for the forthcoming Thanksgiving holiday, with officials warning they are “alarmed” about the recent rise in coronavirus cases, hospitalisations and deaths. The public health body released new guidance recommending against all travel for the holiday next week.

New York City will probably halt indoor dining at restaurants and bars and close gyms within “a week or two”. The warning from mayor Bill de Blasio came less than a day after he ordered public schools in New York City to close and shift to online learning after the city’s seven-day average of coronavirus test positivity hit a hurdle rate of 3 per cent.

The French government is seeking to delay Black Friday shopping promotions until the country’s high-street shops reopen from lockdown at the end of the month, and big retailers with online services have agreed — provided Amazon does the same. “The delay is aimed at ensuring the reopening of businesses in France in conditions of maximum health security,” said a joint statement from the finance ministry and retail federations.

Sales of previously owned homes in the US jumped last month to the highest level