This week in coronavirus news

Ah, well, the markets had a really rough a couple of weeks here, and this has been happening ever since. The Corona virus has been spreading way beyond China to other countries. And from the economic point of view, the worry is that as governments and health authorities take measures to control the spread of the virus, it's gonna quarantine. People close down, um, public gatherings way. Do know certain industries are going to be affected by this. People are canceling travel that hurts airlines. They're going to the mall less. That hurts small companies. The bond market is is, uh, alarmed. They are. People are buying bonds in great numbers. Uh, this is because they don't know what's going on with the economy. It's harder and harder to guess Companies are saying this to They just don't know, um, how bad or how long these effects are going to be. So, as companies and governments and large banks buy bonds very, very, very heavily, like they're doing now, the interest rates in these bonds go down a lot and there way into the record lows, low levels we've never seen before. The silver lining we could say about this bond market trend is that interest rates are much lower now. This week, the rate on a 30 year mortgage hit a record low. It's about 3.3%. That's because the bond yields are going down those effect mortgage rates. So if you were going to refinance your home or by home anyway, this is a very low interest rate environment to do that.

As the coronavirus continues to spread across the world and in the United States, fear is growing as more deaths are reported. Within days, U.S. coronavirus deaths skyrocketed from one to 14 people. There are now at least 300 confirmed cases of the coronavirus in the U.S., a number that will likely increase as testing becomes more accessible. Here's a look at what's occurred this week as it relates to the coronavirus: Government responseGovernment officials have announced several measures this week to prevent and respond to the coronavirus. As the number of cases climbs, a large portion of the government funding will go toward providing test kits for state health officials. International effectsAs the number of coronavirus cases reaches 100,000 worldwide, officials across the globe are taking precautions. Stocks rise and fall In response to growing concerns about the coronavirus, the stock market fell and rebounded throughout the week. Companies and organizations reactSeveral companies have issued regulations and exercised precautions this week to prevent further spread of the coronavirus, from product availability to cancellation or modification of events in which large crowds are expected. Delays have been felt in other industries in which coronavirus has affected inventory, shipment and production. Travel adjustedAs spring break nears, many travelers have opted to adjust or even cancel their plans as coronavirus concerns reach airports and other transportation hubs.How to protect yourselfFrom misinformation about the coronavirus to staying healthy, a lot of useful information was released this week to help consumers protect themselves.

As the coronavirus continues to spread across the world and in the United States, fear is growing as more deaths are reported.

Within days, U.S. coronavirus deaths skyrocketed from one to 14 people. There are now at least 300 confirmed cases of the coronavirus in the U.S., a number that will likely increase as testing becomes more accessible.

Here's a look at what's occurred this week as it relates to the coronavirus:

Government response

Government officials have announced several measures this week to prevent and respond to the coronavirus.

As the number of cases climbs, a large portion of the government funding will go toward providing test kits for state health officials.

International effects

As the number of coronavirus cases reaches 100,000 worldwide, officials across the globe are taking precautions.

Stocks rise and fall

In response to growing concerns about the coronavirus, the stock market fell and rebounded throughout the week.

Companies and organizations react

Several companies have issued regulations and exercised precautions this week to prevent further spread of the coronavirus, from product availability to cancellation or modification of events in which large crowds are expected.

Delays have been felt in other industries in which coronavirus has affected inventory, shipment and production.

Travel adjusted

As spring break nears, many travelers have opted to adjust or even cancel their plans as coronavirus concerns reach airports and other transportation hubs.

How to protect yourself

From misinformation about the coronavirus to staying healthy, a lot of useful information was released this week to help consumers protect themselves.