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The new coronavirus has researchers looking through their back catalogs for possible solutions.
Consumer spending makes up about 70% of the U.S. economy, so any disruption would have dire effects on growth.
Goldman Sachs says the COVID-19 virus could wipe away expected earnings growth for the S&P 500.
During public health crises like the COVID-19 outbreak, the CDC brings together different parts of the agency at its Emergency Operations Center.
About a third of workers in the U.S. don’t have sick days, and many that do don’t use them.
Consumer confidence has fallen back to approximately the level at the start of 2020.
And it’s not just companies in China feeling the strain.
Chinese officials say they will help businesses resume operations, but trying to adhere to all the rules may make one’s head spin.
The HHS, Alex Azar, is likely to face questions on the COVID-19 virus when he faces congress this week.
Gretchen Blough of Erie, Pennsylvania, explains how business out of China has “screeched to a halt.”