U.S. stock futures retreat ahead of Friday’s jobs report – MarketWatch

U.S. stock index futures fell late Thursday, leaving Wall Street on track for another week of losses. As of 9 p.m. Eastern, Dow Jones Industrial Average futures YM00, -1.21% were down more than 200 points, or 1%, while S&P 500 futures ES00, -1.17% and Nasdaq-100 futures NQ00, -1.20% slipped as well. Earlier, stocks gained in the regular session, with the Dow DJIA, +2.24% closing up more than 2% as President Donald Trump hinted at imminent production curbs by feuding oil giants Saudi Arabia and Russia. But investors may be bracing for Friday’s March jobs report, which is expected to be ugly though not fully indicative of the massive job losses caused by businesses shutting down due to the coronavirus pandemic. On Thursday, data showed that unemployment applications last week soared to a record 6.6 million.

Source: U.S. stock futures retreat ahead of Friday’s jobs report – MarketWatch

“Above normal” 2020 Atlantic hurricane season on tap, researchers forecast – CBS News

As the world battles the coronavirus crisis, researchers are warning of a potentially active Atlantic Ocean hurricane season, which kicks off June 1 through the end of November.

Specifically, the team forecasts 16 named tropical systems; 12 is the average. Eight of those named systems are forecast to reach hurricane status, with winds greater than 74 mph; Six is the usual amount per year. CSU is also forecasting more major hurricanes than is typical per year: four as opposed to the average of 2.7.

At least eight of the 16 named tropical storms that are forecast will reach hurricane status with winds greater than 74 mph, according to Colorado State University.

Source: “Above normal” 2020 Atlantic hurricane season on tap, researchers forecast – CBS News

South Carolina murder suspect arrested in Pittsburgh after police chase on I-79

A man suspected in a homicide on March 20 in Greenville, South Carolina was arrested on Thursday in Pittsburgh following a police chase on Interstate 79 in Washington County.

Ryan@WPXIPhotogRyan

High speed chase that started in Washington County ends in Pittsburgh on the 900 block of Saw Mill Blvd. Canonsburg PD cruiser sustained damage. 2 suspects detained. @PAStatePolice investigating.

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A Channel 11 photojournalist captured video of two people being arrested on Route 51 in Pittsburgh.

A Canonsburg police cruiser was damaged in the chase.

Canonsburg police Chief Al Coghill said he felt frustrated that his officers don’t have enough protective gear.

Source: South Carolina murder suspect arrested in Pittsburgh after police chase on I-79

Pittsburgh scientists develop possible coronavirus vaccine, hope FDA can fast-track it | TribLIVE.com

What’s next
Pitt scientists want to begin the first of three stages of human testing for their covid-19 vaccine in the next several months. The first phase will involve trying the vaccine on healthy volunteers to test safety and dosage. Pitt scientists want to use volunteers from the Pittsburgh region. The second and third phases typically examine efficacy, side effects and adverse reactions, according to the U.S. Food and Drug Administration. The trials could be completed in 12 to 18 months, Pitt officials said. They have not yet determined how volunteers will be recruited.

Source: Pittsburgh scientists develop possible coronavirus vaccine, hope FDA can fast-track it | TribLIVE.com

Coronavirus: Confirmed global cases pass one million – BBC News

More than a million cases of coronavirus have been registered globally, according to the latest figures from Johns Hopkins University – another grim milestone as the world grapples with the spreading pandemic.

More than 51,000 people have died and more than 208,000 have recovered, according to the university’s figures.

The US accounts for the most cases; Italy the highest death toll.

The disease, Covid-19, first emerged in central China three months ago.

Though the tally kept by Johns Hopkins records one million confirmed cases, the actual number is thought to be much higher.

It took a month and a half for the first 100,000 cases to be registered. A million was reached after a doubling in cases over the past week.

Nearly a quarter of cases have been registered in the United States, while Europe accounts for around half.

Source: Coronavirus: Confirmed global cases pass one million – BBC News

Pelosi pushes ‘SALT shakeup’ stimulus that could reduce her tax bill and enrich her wealthy district | Fox News

House Speaker Nancy Pelosi, D-Calif., is pushing for a new stimulus bill that would roll back the state and local tax deduction (SALT) cap, a proposal that would predominantly help wealthy individuals — including most residents in Pelosi’s district and perhaps even Pelosi herself.

2019 report from the Joint Committee on Taxation projected that of those who would face lower tax liability from the elimination of the SALT cap – which only affects those who itemize tax deductions – 94 percent earn at least $100,000. The government would lose out on $77.4 billion in tax dollars, with more than half of that amount being saved by taxpayers earning $1 million or more. Those earning more than $200,000 would reap most of the balance.

California’s 12th congressional district, which Pelosi represents, is among the wealthiest in the U.S., with a median income of $113,919, according to census data. The average household income is $168,456 — meaning most residents would benefit from any significant cut to SALT.

Pelosi and her husband have a property tax liability of approximately $198,337.62 considering their two homes, a winery and two commercial properties, public records show, indicating that the couple could reap substantial benefits in the event of a full SALT repeal.

Pelosi’s 2020 property taxes in Washington, D.C. totaled $13,997.20 on her Georgetown condo and garage, valued at $1,646,730. Her San Francisco property taxes totaled $51,480.02 — plus $47,631.98 from her Napa winery, $64,874.66 from a San Francisco commercial property, and $20,353.76 for another building. Property taxes for businesses and other commercial ventures generally have not been affected by SALT provisions.

Source: Pelosi pushes ‘SALT shakeup’ stimulus that could reduce her tax bill and enrich her wealthy district | Fox News

Will zinc supplements protect against coronavirus? | Fox News

Dr. Manny explains whether you should be taking zinc supplements to help prevent COVID-19.

Dear. Dr. Manny, 

I’ve read that zinc supplements may help protect me against COVID-19. Is there any truth to that? 

Thanks for your question.

Right now, the most important measure that you can take to protect yourself from the novel coronavirus is social distancing, washing your hands, not touching your face and following the guidelines that the Centers for Disease Control and Prevention (CDC) has put out for self-quarantine.

However, I do understand your question.

MONITORING FOR CORONAVIRUS: WHAT IS AN OXIMETER? 

Zinc supplements have been touted for many years to be effective in shortening the phase of common colds, and there is data to support that impression.

There have been many randomized controlled trials that have shown that zinc supplements can inhibit replication of the common cold viruses and, therefore, reduce the average duration of a common cold.

Source: Will zinc supplements protect against coronavirus? | Fox News

Trump announces enhanced narcotic operations amid coronavirus, deploys destroyers and Air Force assets | Fox News

President Trump — flanked by Attorney General Bill Barr, Secretary of Defense Mark Esper and top military officials at the White House coronavirus briefing — announced on Wednesday a massive new “counternarcotics operation” in the Eastern Pacific Ocean and Caribbean Sea to “combat the flow of illicit drugs into the United States.”

“We must not let the drug cartels exploit the pandemic to threaten American lives,” Trump said. “In cooperation with the 22 partner nations, U.S. Southern Command will increase surveillance, disruption and seizures of drug shipments and provide additional support for eradication efforts, which are going on right now at a record pace.”

MEXICAN DRUG CARTELS STRUGGLE DURING HEALTH CRISIS

Included in the force package are Navy destroyers, other combat ships, Air Force surveillance planes and helicopters, and ten Coast Guard cutter ships, Trump said, noting that the new forces would double U.S. interdiction capacity in the region — and help slow the spread of the coronavirus by reducing illicit travel.

Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, said the United States had obtained intelligence that cartels were seeking to “take advantage” of the coronavirus to smuggle drugs. Asked about the intelligence later in the briefing, Trump called it strong but wouldn’t elaborate.

“We came upon some intelligence some time ago that the drug cartels as a result of COVID-19 were gonna try to take advantage of the situation and try to infiltrate additional drugs into our country,” Milley remarked. “As we know, 70,000 Americans die on an average annual basis to drugs. That’s unacceptable. We’re at war with COVID-19, we’re at war with terrorists, and we are at war with the drug cartels, as well.”

Source: Trump announces enhanced narcotic operations amid coronavirus, deploys destroyers and Air Force assets | Fox News

Nation’s top coronavirus expert Dr. Anthony Fauci forced to beef up security as death threats increase – CNNPolitics

(CNN)Dr. Anthony Fauci, the country’s top medical expert on the coronavirus pandemic and a member of President Donald Trump’s coronavirus task force, is facing threats to his personal safety and now requires personal security from law enforcement at all times, including at his home, a source confirms to CNN.

A law enforcement official told CNN that the Department of Health and Human Services Inspector General, the agency’s law enforcement arm, asked the US Marshals Service for assistance following threats to Fauci. The Marshals then deputized HHS officers to act as personal security for the doctor.
The Washington Post first reported the threats to Fauci and the increased security.

Source: Nation’s top coronavirus expert Dr. Anthony Fauci forced to beef up security as death threats increase – CNNPolitics