U.S. Cases Rise 1.6%, Less Than 1.9% Week Average: Virus Update

The pandemic could remove four years of growth from the global economy and push 130 million to extreme poverty, a U.N. study said. Federal Reserve Chair Jerome Powell said the U.S. economy faces unprecedented risks that could do lasting damage. New York City took a first step toward opening schools in September by sending pre-school invitations out to parents.

The French pharmaceutical giant Sanofi said Americans will probably get its Covid-19 vaccine before the rest of the world if it can successfully deliver one. Abbott’s rapid test, used at the White House and other prominent locations, may miss as many as half of positive cases, according to an NYU report. The company disputed the findings.