Hundreds of thousands of employees are expected to return to work in New York City on Monday as the city moves into its first phase of reopening after nearly three months of restrictions and closures. Shops can partially reopen for curbside pickup, though most of the resumed economic activity will be in construction and manufacturing. New York City was at one point the epicenter of the outbreak in the U.S.
The U.S. continues to struggle to bring down the national rate of infection. The virus continues to infect about 20,000 new people in the U.S. every day and the epidemic is expanding in more than a dozen states, according to former Food and Drug Administration Commissioner Dr. Scott Gottlieb.
Globally, the virus has infected more than 7 million people and killed more than 400,000.
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 7 million
- Global deaths: At least 403,267
- U.S. cases: More than 1.94 million
- U.S. deaths: At least 110,514
The data above was compiled by Johns Hopkins University.
Hot spots continue to grow across the nation
Shutdowns prevented nearly 5 million confirmed cases in the U.S., study shows
10:16 a.m. ET — Population-based interventions like stay-at-home orders and business closures prevented 4.8 million confirmed coronavirus cases, according to a new study. The study looked at more than 1,700 policy interventions rolled out in six countries that were among the first hit by Covid-19: the U.S., China, South Korea, Italy, France and Iran.
The researchers found that so-called lockdowns helped those countries avoid 62 million confirmed cases. “Our results suggest that ongoing anti-contagion policies have already substantially reduced the number of Covid-19 infections observed in the world today,” the researchers wrote.
There is still no drug approved by the U.S. Food and Drug Administration to treat Covid-19 or prevent infection of the coronavirus. In lieu of pharmaceutical preventatives or treatments, population-based, non-medical alternatives like stay-at-home orders have been key to the U.S. and global responses to the pandemic. —Will Feuer
Strong June jobs report would ‘absolutely affect’ a phase 4 coronavirus deal, Trump aide says
White House Council of Economic Advisers Chairman Kevin Hassett.
Jonathan Ernst | Reuters
10:03 a.m. ET — President Donald Trump’s senior advisor Kevin Hassett told CNBC the contents of another coronavirus relief bill depend on whether the U.S. economy sees another blowout jobs report next month.
Hassett, the former chairman of the White House Council of Economic Advisors, told CNBC’s “Squawk Box” that “the odds of there being a phase four deal are really close to 100%,” even after the jobs data far exceeded expectations last month.
A repeat performance in June would “absolutely affect the things that we pursue” in additional legislation, he said.
“One of the things that we’ve been saying and that the president’s insisted on is that we watch the economy recover, we see if it surprises us on the upside and if the programs that we have out there work or need to be fixed,” Hassett told CNBC.
Hassett told CNBC. Hassett said the White House is making plans for whether the economy outperforms or underwhelms in June. —Kevin Breuninger
Dow jumps more than 200 points as reopening optimism continues to boost stocks
9:40 a.m. ET — Stocks opened higher, thanks in part to optimism over the economy reopening. The Dow Jones Industrial Average traded 222 points higher, or 0.8%. The S&P 500 climbed 0.4% while the Nasdaq Composite advanced 0.1%. Read stock market activity updates from CNBC’s Fred Imbert. —Melodie Warner
Dunkin’ to hire 25,000 as restaurant industry begins recovery
A Dunkin’ worker hands a coffee out of a drive-thru window wearing gloves and a mask as the Coronavirus continues to spread on March 17, 2020 in Norwell, Massachusetts.
MediaNews Group | Boston Herald | Getty Images
9:24 a.m. ET — As millions of restaurant workers remain unemployed, Dunkin’ is planning to hire 25,000 workers this summer.
And it’s not the only fast-food chain looking for workers as temperatures heat up and the U.S. economy looks to recover from the pandemic. Yum Brands’ Taco Bell is looking to hire 30,000 workers.
Dunkin’s hiring announcement comes as the U.S. unemployment rate hit 13.3% in May. —Amelia Lucas
Britain gave Palantir access to sensitive medical records of Covid-19 patients
Peter Thiel, co-founder of PayPal Inc.
VCG | Getty Images
9:06 a.m. ET — Peter Thiel’s Palantir Technologies was given access to millions of British citizens’ patient records as part of a new Covid-19 project.
The records include personal contact details, gender, race, occupation, physical and mental health conditions, past criminal offenses, as well as religious and political affiliation.
The government asked the firm to help build a data platform that shows the spread of the coronavirus across the U.K. Alphabet’s Google, Microsoft, and Amazon were also involved in the project. —Sam Shead
Daily report of new cases by region
New York City eases restrictions 100 days after its first case
People wearing masks walk past an recently reopened bar in the East Village amid the coronavirus pandemic on May 14, 2020 in New York City.
Alexi Rosenfeld | Getty Images
7:42 a.m. ET — New York City will move into phase one of the state’s reopening plan, allowing nonessential retailers to partially reopen and much of the construction and manufacturing industries to resume.
Up to 400,000 New Yorkers are expected to return to work, Mayor Bill de Blasio has said.
The city’s steps toward reopening mark a turning point in the country’s fight against the coronavirus, which ravaged New York City and the surrounding region but has since spread to other states across the country.
The virus has infected more than 203,819 people in New York City and killed at least 21,844 people, according to the city’s health department. That means the city accounts for about 20% of all Covid-19 deaths in the U.S. —Will Feuer
Moscow reportedly set to lift some restrictions
A man with an umbrella in Red Square against the background of St Basil’s Cathedral. From June 1 through 14, Moscow citizens are allowed to take walks and practise sports outside, including those older than 65 and suffering from chronic illnesses, according to schedules varying from house to house.
Sergei Savostyanov | TASS | Getty Images
7:19 a.m. ET — The Russian capital Moscow is ready to start lifting some lockdown measures on Tuesday, according to news agency Tass.
The measures, including a self-isolation regime, scheduled walking times and a digital pass system, are among the restrictions being lifted, the news agency said, quoting city official Konstantin Remchukov.
Cafes with outdoor seating areas are set to reopen on June 16, the official said. Moscow has been the city hardest hit by the coronavirus outbreak in Russia, where there are over 476,000 confirmed cases of the virus, and just under 6,000 reported deaths.
Russia’s coronavirus crisis center reported on Monday that 51 more people died in the capital, taking the city’s coronavirus death toll to 2,970. —Holly Ellyatt
Virus ‘eliminated’ in New Zealand
Prime Minister Jacinda Ardern holds up informationon COVID-19 alert levels during a press conference at Parliament on March 21, 2020 in Wellington, New Zealand.
Hagen Hopkins | Getty Images
7:07 a.m. ET — New Zealand has “eliminated” the coronavirus domestically and will lift nearly all restrictions except for border controls, Prime Minister Jacinda Ardern announced.
The country of about 5 million wrestled the virus under control in roughly 75 days with strict lockdown measures that shuttered most businesses around the country and kept everyone but essential personnel largely at home.
The virus infected 1,504 people in New Zealand and killed at least 22, according to data compiled by Johns Hopkins University.
“We are confident we have eliminated transmission of the virus in New Zealand for now, but elimination is not a point in time, it is a sustained effort,” Ardern said, according to Reuters. “Not only have we protected New Zealanders’ health, we now have a head start on our economic recovery.” —Will Feuer
Read CNBC’s previous coronavirus live coverage here: Global cases top 7 million; Italy sees economy contracting 8.3% in 2020