New York Gov. Andrew Cuomo Friday said the coronavirus pandemic has hit a "plateau," as the curve of hospitalizations in the state begins to flatten.
The governor urged caution, however, in assuming the virus was on the downslope. He noted that often pandemics come in waves, and said that the U.S. should look to other countries around the world to learn from their experiences in restarting their economies.
Cuomo also stressed that putting New Yorkers back to work hinges on the level of testing that is available across the state.
"It's going to be a gradual, phased process, and it's going to be reliant on testing," he said.
The Department of Health is currently doing 300 tests per day, according to Cuomo. The goal is to ramp that up to 1,000 per day by next Friday and 2,000 per day the following week.
"That sounds like a lot, but 2,000 tests is still a drop in the bucket," he elaborated.
Cuomo urged the federal government to invoke the Defense Production Act to help produce the "millions" of tests necessary to send people back to work safely.
"We have nine million people we'd like to get back to work," he said. "You need more than several thousand tests per week if this is going to happen anytime soon. Private sector companies on their own won't be able to come to scale."
"You're going to need government intervention to make that happen, and the federal government is in the best position to do that," he added.
There have been a total of 161,807 confirmed cases and 7,844 deaths — 777 over the past 24 hours — in the state.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
Scott Trench, host of the BiggerPockets Money Podcast, explores how recent rate cuts, high borrowing costs, and mortgage rates are reshaping U.S. real estate.
A look into how disruption, AI, and global economic trends are transforming the modern supply chain with Jeremy Jansen, Head of Supply Chain at Wells Fargo.
Delta CSO Amelia DeLuca reveals at the Fast Co. Innovation Festival how tech, sustainable aviation fuel, and smart operations are revolutionizing air travel.
Chipmaker Nvidia will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT.
Two of the nation’s biggest real estate services companies are combining in a deal that will bring Century 21, Compass and several other major brokerage brands under the same umbrella.
Colin & Samir break down YouTube’s $100B payout to creators and explore why nearly a third of Gen Alpha want to be YouTubers — plus what that means for you.