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| Welcome to Wednesday, Daily Briefing readers! ICYMI: Late last night, government officials said "let's make a deal" and agreed upon an unprecedented, $2 trillion economic relief bill. Today, we'll see how that bill affects the markets as India's 1.3 billion inhabitants go on lockdown and Alaska implements a 14-day quarantine. |
| What we're watching: Britain's Prince Charles, heir to the throne, has tested positive for coronavirus, Clarence House, his official royal residence, said in a statement Wednesday. The statement said that the 71-year-old royal has "been displaying mild symptoms but otherwise remains in good health." |
| It's N'dea and here's what else you need to know today. |
| P.S. It's Red Cross Giving Day. Here's how to help amid the coronavirus panic. |
White House, Senate leaders strike massive stimulus deal |
| The White House and congressional leaders reached a $2 trillion stimulus deal early Wednesday to help Americans who have already suffered as the coronavirus shut down millions of U.S. businesses. The unprecedented economic relief bill would give direct payments to most Americans, expand unemployment benefits and provide a $367 billion program for small businesses to keep making payroll while workers are forced to stay home. The deal also comes a day after President Donald Trump said he hoped to "open up" the nation by Easter despite health officials' warnings. Full details of the stimulus bill are expected to be revealed later Wednesday. |
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India, home to 1.3 billion, implements coronavirus lockdown |
| India's 1.3 billion inhabitants were ordered to stay indoors as a "total lockdown" took effect Wednesday in response to the coronavirus pandemic. Prime Minister Narendra Modi announced the three-week effort on Tuesday "to save India." Failure to properly manage the next 21 days could set the country back by 21 years, Modi said. Indian health officials have reported about 450 confirmed cases of COVID-19, with 10 deaths, but Modi noted that India's high population density could enable the virus to "spread like wildfire." A month-long lockdown also took effect Wednesday in New Zealand. |
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Want more coronavirus news? Here's the latest: |
| The White House and congressional leaders from both parties reached a $2 trillion stimulus deal early Wednesday as confirmed cases in America, now over 55,200, climb at an exponential rate — especially in New York. The U.S. death toll was at 802 early Wednesday after eclipsing 600 on Tuesday. |
| I'll be rounding up the biggest updates related to coronavirus every day in the newsletter so you can stay informed. Want daily coronavirus updates in your inbox? Sign up here. |
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Alaska to force airport travelers to self-quarantine; Hawaii next |
| Travelers looking to escape to Alaska during the coronavirus outbreak may want to reconsider as the state has mandated a 14-day quarantine for travelers arriving at state airports to keep the virus from spreading in their communities. Alaska's order, which goes into effect Wednesday and will be reviewed by April 21, requires those arriving to fill out a mandatory State of Alaska Travel Declaration Form and identify their "designated quarantine location." Travelers have to go straight to their quarantine location from the airport and remain there for 14 days, or their entire stay if it's shorter. Hawaii has issued a similar 14-day mandate as Alaska that will go into effect Thursday. Florida Gov. Ron DeSantis issued an executive order Tuesday requiring anyone flying to Florida from New York, New Jersey or Connecticut to self-isolate for 14 days upon arrival. |
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Coronavirus impact: After one-day gain, how will markets react? |
| Investors will keep a close eye on markets Wednesday after the White House and congressional leaders reached a massive coronavirus stimulus deal. On Tuesday, the Dow Jones industrial average rebounded, posting its biggest one-day gain in nearly 90 years following a turbulent start to the week. . The blue-chip average surged more than 2,100 points, or 11.4%, to close at 20,704.91 — its largest percentage gain since March 1933 — while the Standard & Poor's 500 jumped 9.4% to end at 2,447.33. |
Also in the news |
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All NFL club facilities to close |
| NFL commissioner Roger Goodell sent out a memo to all 32 teams stating all club facilities will be closed by 6 p.m. local time Wednesday, with limited exceptions. These facility closures — sparked by the coronavirus outbreak — will continue until at least April 8, when the league "will assess the advice from medical experts and public health authorities to determine whether it is safe and appropriate for facilities to reopen or to extend the period of closure." Teams still will be allowed to sign free-agent players, evaluate draft prospects, sell tickets and other operations related to preparing for the 2020 season. |
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In better news: Ball is life 🏀 |
| Peripheral vision was almost nonexistent and lateral movement certainly was a struggle, but it didn't matter. A group of Poughkeepsie, New York, friends still suited up and took to the court on Saturday, proving that to them, ball really is life — even during a life-threatening crisis. |
| As medical experts warn about the spread of the coronavirus and social distancing is encouraged, seven local men figured they found a hooping loophole: |
| Basketball ... in hazmat suits. |
| "Since the NBA and NCAA seasons aren't going on," 25-year-old Tre Mayo said, "we just really missed basketball." |
 | | Poughkeepsie, New York, native Tre Mayo sets up to crossover dribble during a pickup basketball game on Saturday, March 21, 2020. He and a group of friends played in hazmat suits amid the coronavirus scare. | | Courtesy of Garth C. Mason Photography (@garthcmason_photography on Instagram) | |
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