Today’s Top Stories: May 11, 2020

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The Lede

White House spent the weekend scrambling as they did contact tracing for staffer who tested positive for coronaviruscs

Washington (CNN) Trump administration officials spent the weekend scrambling as they attempted to do contact tracing for Katie Miller, Vice President Mike Pence’s press secretary who tested positive for coronavirus last week.

But they had not identified who Miller contracted the virus from as of Sunday, raising concerns inside the White House about how to contain the outbreak.

Some aides expressed concern at how Monday would proceed without greater clarity on how the virus had originated and spread. One official said it wasn’t certain which colleagues would stay home. Some officials who had extended contact with Miller announced they would self-quarantine, while others who had similar contact with her did not.


Coronavirus update:

4,132,365 confirmed infections, up from 3,866,642 Friday.
283,387 confirmed deaths, up from 270,279 Friday.

US stats:

  • 1,329,885 confirmed infections, up from 1,256,972 Friday.
  • 79,531 confirmed deaths, up from 75,670 Friday.
May 11, 2020 COVID-19 pandemic map
Source

Relevant COVID-19 stories:


Politics:

GOP senators worry Trump, COVID-19 could cost them their majority

The two biggest criticisms of Trump that GOP lawmakers express privately are that his administration took too long to deploy coronavirus tests and that the president’s statements and demeanor have been too cavalier or flippant.

The biggest headwind Republicans face this fall is the faltering national economy, which now has a 14.7 percent unemployment rate, according to a Friday report by the Labor Department.

Relevant Politics stories:


Economy Update:

“Official unemployment” rate nears 15 percent, will surge past 20 percent in next report.

Over 30 million Americans have filed jobless claims. Economy poised to re-open but will jobs come back?

The Dow is down about 200 points, in the low-24k range. Will we continue to vacillate in the 23k-24k band? For how long?

May 11, 2020 DJIA stock chart
Source

Upcoming economic reports this week:

  • Last Friday – Unemployment rate – 14.7 percent, official unemployed number of workers is at 20.5 million
  • Tuesday – CPI, Federal budget
  • Wednesday – PPI, Powell talks
  • Thursday – Jobless claims
  • Friday – Retail sales, Consumer Sentiment Index, Business Inventories

Source: https://www.marketwatch.com/tools/calendars/economic

Relevant Economy stories:

Learn how to turn your hobbies into hustles – check out Gig Economics.


Offbeat Story of the Day:

Mosquitos Are the “Real” Murder Insects

Asian giant hornets aren’t big killers of humans, but mosquitoes are responsible for millions of yearly deaths worldwide.

Question: What happens when a mosquito stings a COVID-19 patient? Is coronavirus transmittable via blood? Does anybody know?

If my gut is right, this could be a game changer. Fucking mosquitoes.

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