Month: June 2020

CLOSE Where does the U.S. stimulus money come from? Here's how the Federal Reserve is saving the economy from the COVID-19 crisis. USA TODAYStocks notched their best quarter in decades, as government stimulus and low interest rates helped markets start to recover from the damage of the coronavirus pandemic at the start of the year.The Dow Jones industrial average posted its strongest quarter since 1987 after surging 17.8% in the past three months. On Tuesday, the blue-chip average rose 217.08 points, or 0.9%, to 25,812.88.The Standard & Poor’s 500 soared nearly 20% in the second quarter, its best quarterly gain since…

Minister of Health Zweli Mkhize. Brenton Geach/Gallo Images via Getty Images There have been 128 new Covid-19 deaths recorded over the last 24 hours.Health Minister Zweli Mkhize revealed on Tuesday that the majority of the deaths were reported in the Western Cape.Mkhize said some of the factors associated with in-hospital mortality included comorbidities such as hypertension, diabetes, chronic cardiac disease, chronic renal disease and HIV.Health Minister Zweli Mkhize on Tuesday revealed that Covid-19 had claimed 128 people in the past 24 hours, with the majority of the deaths reported in the Western Cape.He said 52 people died in the Western…

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Darcy Costello, Louisville Courier Journal Published 4:14 p.m. ET June 29, 2020 CLOSELOUISVILLE, Ky. – Louisville Metro Council intends to launch an investigation into how Mayor Greg Fischer's administration handled the fatal police shooting of Breonna Taylor, officials announced Monday. The city's Government Oversight Committee, which has subpoena powers, will conduct the probe, according to a news release. It is expected to look into the events leading up to and following Taylor's March 13 death, the release said, as well as, "government transparency and the failure of such, the events surrounding the death of David McAtee, and the use of force during protests."Taylor, an emergency…

Premier Alan Winde and Health Minister Zweli Mkhize at the temporary hospital established in the Cape Town International Convention Centre. (Supplied, Western Cape Government) Supplied, Western Cape Government More than 200 patients have been admitted to the CTICC's Hospital of Hope since it opened its doors 20 days ago.The province announced that 38 more people lost their lives due to the coronavirus, taking the total number of deaths to 1 775.As of 13:00 on Monday, the province had 61 445 confirmed cases, with 43 120 recoveries, according to Premier Alan Winde.Cape Town's "Hospital of Hope" at the Cape Town International Convention…