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Stocks rose sharply on Monday in volatile trading as Wall Street attempted to pare losses incurred during the worst week since the financial crisis amid fears of the coronavirus outbreak.

A person in San Antonio, Texas, who had previously tested negative twice for the coronavirus, and was released by the US Centers for Disease Control and Prevention, is now back in quarantine after a subsequent test came back positive. The individual, who was evacuated from Wuhan, China, to Lackland Air Force Base in San Antonio on a flight chartered by the State Department was released from the Texas Center for Infectious Disease, according to San Antonio's Mayor.

After the worst week on Wall Street since 2008, investors are waking up to the all-too-familiar news of more coronavirus cases worldwide, and falling global stocks. The second U.S. death from the virus was reported on Sunday. Asian and European stocks started Monday positively — as central banks around the world sparked hopes of interest-rate cuts. But they moved into the red after an OECD report warned that the virus economic impact was “severe” and putting “the world economy at risk.” U.S. futures followed suit on a volatile morning. → More >>>

Upstart socialist darling Rep. Alexandria Ocasio-Cortez made her name in part with a signature policy package dubbed the “Green New Deal.” With an initial draft promising everything from free healthcare for all to eliminating cow farts, the version that Ocasio-Cortez and Sen. Ed Markey eventually introduced was only slightly less ridiculous. Don't forget, this resolution was co-sponsored by 2020 front-runner Sen. Bernie Sanders. He might regret that now: A new study just found that the “Green New Deal” would cost families in several swing states dearly. The report from the fiscally conservative Competitive Enterprise Institute analyzed 11 different states and...

Jack Welch was a railroad conductor’s son who rose to chairman and CEO of General Electric.During the 20 years he led the conglomerate, its market value grew from $12 billion to $410 billion.Fortune magazine once called him “manager of the century,” but he also was known as “Neutron Jack” for slashing tens of thousands of jobs.  Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.His death was announced Monday by his wife, Suzy. With...

(Reuters) - South Korea reported 123 new coronavirus cases, taking the country's total infections to 4,335, the Yonhap news agency said, citing health authorities. The updated numbers added to the 476 recorded earlier ... (Full article at the link)

Donald Trump was right. Germs are scary. For three decades, I talked to Trump about his fear of germs. When I interviewed him at the Trump Tower restaurant during the 2016 race, the famous germophobe had a big hospital-strength bottle of hand sanitizer on the table, next to my salad, ready to squirt. He told me about the nightmarish feeling he had when a man emerged from the bathroom in a restaurant with wet hands and shook his hand. He couldn’t eat afterward. Today, in a stunning twist of fate, germs are infecting his presidency and threatening a bad prognosis...

The Seoul city government says it will open tomorrow four "drive-through" coronavirus testing facilities in the capital. The makeshift clinics will be set up in the Eunpyeong, Seocho, Songpa and Gangseo districts. Those with COVID-19-like symptoms will be able to get tested for the disease without getting out of their cars. (Please see link for full story)

After weeks of stalled testing for the coronavirus, the United States now has enough diagnostic kits to test 75,000 people, with more on the way, Alex M. Azar II, the health and human services secretary, said on Sunday. a person in a blue shirt: A researcher at Hackensack Meridian Health in New Jersey works in a lab that is developing testing for the coronavirus. The Trump administration has faced widespread criticism for a slow and scattered delivery of testing materials to states, where only 12 labs are capable of diagnosing the virus. Mr. Azar’s announcement, on CBS’s “Face the Nation,”...

TALLAHASSEE — Two people from Hillsborough and Manatee counties are the first to test positive for coronavirus in Florida, Gov. Ron DeSantis announced Sunday night. The Hillsborough County adult had a travel history to Italy, which on Saturday became the third country to have more than 1,000 confirmed coronavirus cases, prompting the U.S. State Department to warn travelers from traveling there. The other patient is an adult Manatee County resident without a history of travel to restricted countries such as China or Iran, according to the Florida Department of Health. The patient sought out care and is helping state officials...

WASHINGTON (Reuters) – The Federal Communications Commission confirmed on Friday it voted to propose fining four major U.S. wireless carriers more than $200 million for failing to protect consumers’ location information. The FCC is proposing to fine T-Mobile US Inc more than $91 million, AT&T Inc $57 million, Verizon Communications Inc $48 million and Sprint Corp more than $12 million. T-Mobile said it would dispute the fine, saying that after it learned its “location aggregator program was being abused by bad actor third parties, we took quick action.” The other three carriers did not immediately comment.The carriers will get to...

The coronavirus is disrupting Disney (DIS) and its upcoming slate of blockbusters. The media giant spent a reported $200 million on its live-action remake of “Mulan” — the priciest live-action film for the company. But its box office performance is now unclear, as its intended March 27th release date has been postponed in China due to the coronavirus. The film is the latest victim of the outbreak, which is disrupting global demand, supply chains — and now movie-watching in the world’s second largest economy. “China can represent a huge percentage of a film’s international and global box office revenue, so...

The Australian Strategic Policy Institute said this was the next phase in China's re-education of Uighurs. China has already detained about a million Uighurs at internment camps, punishing and indoctrinating them. Officials say the camps are aimed at countering extremism. The ASPI report comes after a senior Chinese official told reporters in December that members of the minority group being held in the camps had now "graduated". What does the report say? Between 2017 and 2019, the ASPI think tank estimates that more than 80,000 Uighurs were transferred out of the far western Xinjiang autonomous region to work in factories...

President Trump is disrupting decades of multinational financial interests who use the U.S. as a host for their ideological endeavors. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place to the detriment of the host (USA) ie. YOU. There are trillions at stake; it is all about the economics; all else is chaff and countermeasures. We are already familiar how China, Mexico and ASEAN nations export our raw materials (ore, coking coal, rare earth minerals etc.). The raw materials are used to manufacture goods overseas, the cheap durable goods are then shipped back...

According to the latest data published by the Korea Center for Disease Control and Prevention (KCDC) on Monday, the number of coronavirus cases in the country has risen to 4212, with 476 more cases confirmed. (Please see link for full story)

BEIJING, March 2 (Reuters) - China's factories were dealt a devastating blow in February as the coronavirus epidemic triggered the sharpest contraction in activity on record, a private survey showed on Monday, with the health crisis paralysing large parts of the economy. The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) tumbled to 40.3 last month, the lowest level since the survey began in 2004, and down sharply from the 51.1 reading in January as well as the 50-mark that separates growth from contraction.

Here are the stats.   It is a BIG NOTHING BURGER. The Flu is far worse and nothing is being said.  https://www.worldometers.info/ and https://www.worldometers.info/coronavirus/  

At 4:41 Trish Regan tells personal story of how she wanted vaccine for Swine flu in 2009 when she was pregnant with her twins. She said there were shortages with people standing in line for hours to get it... She had not been able to get it get it due to fact that Bloomberg NYC Health Dept. had decided to give the vaccines to the NYSE, Goldman Sacks, Morgan Stanley, etc. She found about about this travesty because someone at NYSE offered it to her...WOW! None initially went to gynecologists or pediatricians even tho pregnant mothers and children were the...

Local health officials confirmed two more cases Sunday of COVID-19 in King County, saying that two men in their 60s with underlying health conditions were hospitalized in critical condition.a The announcement that the two men were being treated for the respiratory illness raised the total number of COVID-19 cases to six in King County, where officials said a man in Kirkland became the first person in the United States on Friday to die of it. Health officials so far have identified 12 cases treated in Washington. King County has monitored more than 500 people for signs of the illness, and...

In the 1960s, Milton Friedman reportedly visited a construction site in a foreign country. To his surprise, the canal builders used no heavy machinery and instead armed thousands of men with shovels. He questioned the bureaucrat about this odd choice and the bureaucrat responded that it was a jobs program. “Oh, I thought you were trying to build a canal,” Friedman said. “If it’s jobs you want, then you should give these workers spoons, not shovels.” Friedman’s absurd proposal illustrates the absurdity of make-work bias—the belief that conserving labor makes us poorer. Make-work bias was particularly popular during the Industrial...