slowing
The pandemic isn’t slowing down as US reports record-high number of deaths. Here’s where things stand.
A man stands near signage promoting the UK’s National Health Service message, “Stay Home, Save Lives” on a bus shelter in London on January 8. Tolga Akmen/AFP/Getty Images UK London Mayor Sadiq Khan declared a “‘major incident’ due to the rapid spread of the coronavirus across the capital and the increase of Covid-19 cases in hospitals, …
Netflix is slowing down in Europe to keep internet from breaking
The company said it would reduce the bit rate of all its video streams for 30 days. “We estimate that this will reduce Netflix traffic on European networks by around 25% while also ensuring a good quality service for our members,” a Netflix spokesperson said in a statement. The announcement followed appeals from EU officials …
Wuhan coronavirus death toll spikes again as outbreak shows no signs of slowing
The number of confirmed cases globally stood at 28,256 as of Thursday morning, with more than 28,000 of those in China. The number of cases in China grew by 3,694, or 15%, on the previous day. There have been 563 deaths so far, all but two of which were in China, with one in the …
The US economy is slowing
This is the preliminary reading of US gross domestic product, the broadest measure of the American economy. The Commerce Department will update its estimate twice more. Although the economy’s growth is slowing, it remains relatively strong. However, the third quarter marks the first time since the final quarter of 2018 in which the US economy …