ME: Temporary disruption in supply levels, but will state and local authorities in areas where TP plants and warehouses are located consider those jobs "critical"?
7:03 pm: Why there will soon be tons of toilet paper, and what foods may be scarce, according to supply chain experts
Stuck rationing toilet paper because you didn't stockpile during the coronavirus panic over the last few days? Don't worry, according to supply chain experts.
"All the grocery stores are going to have pallets of toilet paper sitting in the aisles, and nobody is going to buy it, because who needs to buy toilet paper when you've got a year's worth sitting in your garage?" Daniel Stanton, a supply chain expert and author of "Supply Chain Management for Dummies," tells CNBC Make It. —Jade Scipioni
ME: Now, you suddenly think of such issues? What about all the other government (or government sponsored / government contracted) sites with security and privacy issues?
6:45 pm: Senate Democrats raise alarms over the security of Google's coronavirus screening site
Five Democratic senators raised alarms about potential privacy and cybersecurity issues related to Google's efforts to help the White House manage the COVID-19 pandemic.
The group of senators, Bob Menendez and Cory Booker of New Jersey, Sherrod Brown of Ohio, Richard Blumenthal of Connecticut and Kamala Harris of California, signed letters addressed to Alphabet CEO Sundar Pichai and Vice President Mike Pence.
In the letter to Pichai, the senators said they "appreciate the Administration's efforts to utilize Google's technology to disseminate up-to-date information about COVID-19" but feared neither had assessed all the implications of such a system. —Lauren Feiner
The United States is suspending all routine immigrant and non-immigrant visa services in most countries worldwide due to coronavirus outbreak, a spokeswoman for the State Department said.
The spokeswoman did not mention which or how many countries are halting services. She said U.S. missions abroad will continue to provide emergency visa services "as resources allow," and that the services to U.S. citizens will remain available.
Missions will resume routine visa services as soon as possible, the spokeswoman said, without giving a date. —Reuters
3:55 pm: Senate passes relief plan to expand paid leave
The Senate has the votes to pass a bill expanding paid leave and unemployment benefits in response to the coronavirus pandemic, part of a staggering response expected in the coming weeks to avoid economic calamity.
The bill provides enhanced unemployment insurance, ensures that businesses that have fewer than 500 employees offer two weeks of paid sick leave to their workers, and includes increased funding for food assistance programs and guarantees free testing for the coronavirus. —Jacob Pramuk
3:19 pm: Census Bureau suspends 2020 census field operations for two weeks
The U.S. Census Bureau is suspending all 2020 census field operations for two weeks starting on Wednesday until April 1, Steven Dillingham, the bureau's director, said in a statement
"Beginning today, in support of guidance on what we can all do to help slow the spread of coronavirus, 2020 Census field operations will be suspended for two weeks until April 1, 2020," Dillingham said. —Reuters
2:05 pm: WHO warns some children develop 'severe disease and critical disease'
The World Health Organization said parents need to prepare their kids to guard against COVID-19 after a new study showed that babies and very young children can sometimes develop severe symptoms.
A recent study showed that a number of children in China have developed severe and critical disease, including one death, Dr. Maria Van Kerkhove, head of WHO's emerging diseases and zoonosis unit, told reporters during a news conference. "What we need to prepare for is the possibility that children can also experience severe disease."
The new study, which was published online in the journal Pediatrics, looked at 2,143 cases of children with confirmed or suspected COVID-19 that were reported to the Chinese Centers for Disease Control and Prevention between Jan. 16 and Feb. 8. More than 90% of the cases were asymptomatic, mild, or moderate cases. However, nearly 6% of the children's cases were severe or critical, compared with 18.5% for adults. —Berkeley Lovelace
New analysis: People aged 20-44 are not immune from the effects of #COVID-19 / #2019-nCoV / #SARS-CoV-2 #coronavirus but still far less susceptible than their elders.
[1] The US had (and may still have) a shortage of working test kits and a relatively narrow standard for who is tested. [2] Sweden was only testing "high risk" individuals, not every sick person. [3] Technically, the cruise ship's illnesses mostly occurred in Japanese waters, but the numbers are rightly separated.
President Trump and Congress working on another Paid Sick Leave bill for the #COVID-19 / #2019-nCoV / #SARS-CoV-2 #coronavirus outbreak ... this one sounds like it may pass. But it doesn't require large companies (the ones with the most resources) to match the requirements it places on smaller and medium size businesses. (Tax credits for smaller businesses) ... I'd also prefer to see them just send small and medium sized businesses #SMBs a check (or send it directly to the affected employees) instead of putting even more complexity in the tax code.
5:15 pm: Fed cuts rates to zero and launches a massive $700 billion quantitative easing program
The Federal Reserve, saying "the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States," cut interest rates to near-zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.
Facing highly disrupted financial markets, the Fed also slashed the rate of emergency lending at the discount window for banks by 125 bps to 0.25%, and lengthened the term of loans to 90 days.
The new fed funds rate, used as a benchmark both for short-term lending for financial institutions and as a peg to many consume rates, will now be targeted at 0%-0.25%. —Steve Liesman
I don't know, but the oldest Boomers are turning 74 this year. A (real) Baby Boomer is a person born between 1946 (turns 74 in 2020) and 1964 (turns 56 in 2020). Some of the people mentioned in the article are older than 74, so they are not Boomers.
I'm having some frustrating conversations right now with thirty-somethings over self-isolation. "It's not any worse than the flu. 50,000 people have died of flu in the US this year versus 6,000 globally for coronavirus." That 50K is out of 50M that were infected. #COVID-19 has only infected about 1/8 of a million that we know of, so 1/400 the infections, 1/9 the deaths. What's that, about 44 times more deadly than the flu?
"I'm only in my thirties. I have nothing to worry about." I'm not saying to worry. I'm saying to take some precautions, so they have time to develop working vaccines before you get sick and spread it to someone else. Look: do you have asthma? Diabetes? High blood pressure or heart disease? Have you already had pneumonia in the past? Are you a current or former smoker? Maybe you need to pay attention.
Georgia will delay its presidential primary scheduled for next week over concerns surrounding the coronavirus pandemic, a spokeswoman for the Georgia Democratic Committee confirmed to CNBC.
Georgia Gov. Brian Kemp on Saturday said he was declaring a public health state of emergency in response to a growing number of coronavirus cases. He also encouraged faith-based organizations and similar entities to consider canceling public events and services
The state will now hold its presidential primary on May 19 instead of March 24.
Georgia's decision follows a similar move by Louisiana, which announced Friday it will push back its presidential nominating contests planned for April 4 to June 20.
The White House overruled health officials who wanted to recommend that elderly and physically fragile Americans be advised not to fly on commercial airlines because of the new coronavirus, a federal official told The Associated Press.
The Centers for Disease Control and Prevention submitted the plan as a way of trying to control the virus, but White House officials ordered the air travel recommendation be removed, said the official who had direct knowledge of the plan. Trump administration officials have since suggested certain people should consider not traveling, but have stopped short of the stronger guidance sought by the CDC.
The person who spoke to the AP on condition of anonymity did not have authorization to talk about the matter. The person did not have direct knowledge about why the decision to kill the language was made or who made the call. —Associated Press