As the U.S. death toll tops 66,000, the strain the coronavirus pandemic is placing on ordinary Americans has started to emerge. Aging grandparents are being robbed of spending precious time with their families while millions of people are forced to adjust to life without a stable income for the foreseeable future.
As the number of confirmed U.S. cases hit 1.1 million, stores, restaurants and movie theaters began to reopen in Texas, despite a rise in cases, while in New York police dispatched 1,000 officers this weekend to enforce social distancing and a ban on congregating in public spaces. Beaches were also closed in California.
Meanwhile, as scientists work to find a vaccine for the virus, British scientists said Sunday that the potential vaccine they're developing could yield evidence to its efficacy by June.
- MAPS: Confirmed cases in the U.S. and worldwide, confirmed deaths in the U.S. and globally.
- Reopening America: See what states across the U.S. are starting to reopen.
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Warren Buffett's Berkshire Hathaway reports nearly $50 billion loss
OMAHA, Neb. — Warren Buffett’s company reported a nearly $50 billion loss on Saturday because of a huge drop in the paper value of its investments, though it is still sitting on a big pile of cash.
The biggest factor in the loss was a $54.5 billion loss on the value of Berkshire's investment portfolio as the stock market declined sharply after the coronavirus outbreak began. The year before, Berkshire's investments added $15.5 billion to the company's profits.
Woman holds sign with Nazi slogan at reopen rally in Chicago
An unidentified woman at a reopen Chicago rally held a sign emblazoned with an infamous Nazi slogan linked to the Auschwitz-Birkenau concentration camp.
Dennis Kosuth, a 43-year-old registered nurse in Chicago, snapped a photo of the disturbing sign Friday and said the woman and her companions confronted him.
“They were not respecting our space," he said. "They would come up to us and get in our faces."
The sign read "Arbeit macht frei," which translates to "work sets you free." It appeared over the gates of Auschwitz and other concentration camps where millions of people were killed by the Third Reich.
"'Arbeit macht frei' was a false, cynical illusion the SS gave to prisoners of #Auschwitz. Those words became one of the icons of human hatred. It's painful to see this symbol instrumentalized & used again to spread hate. It's a symptom of moral & intellectual degeneration," the Auschwitz-Birkenau State Museum tweeted.
Here's how Americans rationed meat in 1942
As fears of meat shortages rise amid processing plant shutdowns and work slowdowns caused by the coronavirus outbreak, the differences between then and now are striking. In 1942, President Franklin Roosevelt ordered Americans to make do with less. In 2020, President Donald Trump has promised to keep the country's meat supply humming.
Trump signed an executive order this week compelling processing plants to remain open and giving them liability protections even as unions say the shutdowns are intended to save workers' lives.
Still, with a precipitous dive in meat production over the last month, as well as a drop in frozen pork storage, Americans may soon face a sliver of what an earlier generation grappled with not for months but for years.