Knowledge launched yesterday confirmed the US financial system slumped by 9.5% within the second quarter in comparison with the identical interval final yr. That is an annual price drop of 32.9%, the worst on report. Nevertheless horrific, the quantity didn’t come as an enormous shock after the financial system floor to a halt throughout the spring lockdown, when greater than 20 million jobs vanished in April. Greater than half of grownup Individuals stay in households which have misplaced revenue throughout the pandemic. Throughout the ocean, the European Union noticed a fair greater decline than the US, slumping a report 14.4% in comparison with the identical quarter final yr. Spain, France, Italy and Germany have all skilled historic slumps. Economists say it can seemingly take years for the financial system to return to pre-pandemic ranges. There are some constructive indicators: China has prevented slumping right into a recession, with its financial system now rising once more after contracting within the first quarter. Throughout Europe, mobility information, retail gross sales and manufacturing surveys provide different glimmers of hope. A second wave of shutdowns stays by far the most important menace to the financial system. And as a minimum of 29 US states roll again their reopening plans due to excessive an infection charges, there are indicators already that the resurgence of the financial system is teetering. The variety of Individuals submitting first-time unemployment claims rose for the second week in a row. To stop a second lockdown, and its dire financial penalties, America must get the virus beneath management. We do not but know easy methods to beat the virus. However we do know easy methods to restrict its unfold: Masks and social distancing work.Sadly, the message would not appear to be reducing by. A model from the College of Washington now forecasts 230,822 US deaths by November, 11,000 extra in comparison with the identical projection final week. The college’s Institute for Well being Metrics and Analysis mentioned the rise is all the way down to extra infections, and likewise the refusal by some to put on masks, observe social distancing and take different steps to restrict the transmission of the virus.YOU ASKED. WE ANSWEREDQ: Q: Is it secure to get a flu shot within the fall?A: Sure. And please achieve this, medical doctors say.This yr, it is “extra essential than ever to get a flu shot as a result of we are going to nearly definitely face the double whammy of flu season coinciding the identical time as surging circumstances of Covid-19,” emergency room doctor Dr. Leana Wen mentioned.That double whammy could possibly be disastrous if it overwhelms the well being care system. An estimated 410,000 to 740,000 Individuals had been hospitalized with the flu this previous flu season, from October to April, based on the CDC.Wen mentioned the flu shot is about 40% to 60% efficient. However even in the event you do get the flu after having been vaccinated, the flu shot “nonetheless reduces your likelihood of getting extreme results from the flu.”You additionally wish to keep away from having a private double whammy of getting each the flu and Covid-19. And sure, it’s potential to have each on the similar time. Ship your questions right here. Are you a well being care employee combating Covid-19? Message us on WhatsApp concerning the challenges you are going through: +1 347-322-0415. WHAT’S IMPORTANT TODAYThe coronavirus has solely made Large Tech extra dominantAs the US reported the worst financial hunch ever, an entire totally different story was rising from Silicon Valley. The world’s largest tech corporations posted outcomes that confirmed they’re solely getting extra dominant amid the pandemic.Fb’s stock has jumped 7% after it mentioned its apps had greater than three billion month-to-month lively customers prior to now quarter. The corporate mentioned that quantity mirrored “elevated engagement as folks world wide sheltered in place.”Amazon posted quarterly income of $88.9 billion, a 40% enhance from the final yr. Apple, which has handled flat and even declining income in recent times, reported an 11% enhance in gross sales for the quarter. Apple CEO Tim Cook dinner referred to as the outcomes a “testomony to the essential function our merchandise play in our prospects’ lives” even “in unsure occasions.”Google’s dad or mum firm, Alphabet, was the lone exception. It posted the primary income decline in its historical past throughout the second quarter, an indication of simply how a lot the worldwide pandemic and financial downturn is straining its core promoting enterprise.Younger youngsters have larger viral loadChildren youthful than 5 have between 10 and 100 occasions extra genetic materials from the coronavirus of their noses in comparison with older youngsters and adults, based on a small research printed yesterday.Whereas the research did not measure transmissibility, it raises questions — simply as faculties begin to reopen — about how simply the brand new coronavirus may be unfold by the youngest youngsters.Most kids do not get as sick as adults. However they’ll nonetheless grow to be dangerously unwell. A uncommon however severe inflammatory syndrome has been linked to coronavirus in youngsters the world over. Why some individuals who have not had Covid-19 may have already got some immunityThe immune programs of some individuals who haven’t been uncovered to the novel coronavirus might have some familiarity with the pathogen — probably serving to to cut back the severity of sickness if that individual does get Covid-19, a brand new research suggests.The research discovered that amongst a pattern of 68 wholesome adults in Germany who had not been uncovered to the coronavirus, 35% had T cells of their blood that had been reactive to the virus. T cells are a part of the immune system and assist defend the physique from an infection. T cell reactivity means that the immune system may need had some earlier expertise combating the same an infection and may use that reminiscence to assist battle a brand new an infection.The cells had been “in all probability acquired in earlier infections with endemic” coronaviruses, the researchers wrote. Australian state of Victoria surpasses 10,000 Covid-19 casesThe second-most populous state in Australia reported 672 new coronavirus circumstances and eight deaths immediately, surpassing the 10,000 mark. “Aged care, healthcare settings, warehouse settings, meals distribution settings — these locations are the place we’re seeing new circumstances,” Chief Well being Officer Professor Brett Sutton mentioned throughout Friday’s information briefing. Melbourne has been beneath a strict lockdown since earlier this month. Residents can’t depart their properties except it is for grocery buying, caregiving, train or work. And whereas the state’s premier Daniel Andrews mentioned he would not anticipate harsher measures to come back into power, he didn’t rule out extra frequent door knocking to test if individuals are staying at dwelling.Greater than 130 folks — one in 4 of those that’ve examined constructive — had been caught defying stay-at-home orders. Authorities have elevated manpower to crack down on isolation dodgers, with 34 groups of officers deployed to knock on the doorways of contaminated people.ON OUR RADARBrazil’s President Jair Bolsonaro mentioned on Thursday that he felt weak and may need “mould within the lung” after catching Covid-19. His spouse has now examined constructive too. The Center East is grappling with a heatwave throughout Eid and as coronavirus circumstances rise in a variety of nations. Herman Cain, a onetime Republican presidential candidate and former CEO of Godfather’s Pizza, has died after contracting the coronavirus.Your complete Rutgers College soccer program is beneath quarantine and has quickly halted all in-person actions, all the results of people attending a gathering. Invoice Gates says different nations had higher coronavirus responses than America. Canada is cracking down on these touring by the nation to get to Alaska. Her mission to assist weak elders has discovered a brand new urgency after the Navajo Nation’s wrestle with Covid-19. “Breaking Unhealthy” star Bryan Cranston has appealed to his followers to “hold carrying the rattling masks,” after revealing that he contracted Covid-19. Serena Williams has helped to donate 4.25 million face masks to colleges in want. TOP TIPSConsider it the Problem of 2020: It is seemingly simpler to place lipstick on a ferret than it’s to get some youngsters to put on face coverings. So listed here are 5 recommendations on easy methods to get your youngsters to put on one. Clarify what’s occurring with phrases and ideas that your youngsters can perceive.Take into account their particular person wants. What’s essential to them? How conscious of the surface world are they?Make them a part of the method. Allow them to choose (or make) their very own masks.Apply makes excellent: have your youngsters put on their masks in the home for brief increments to get them extra comfy with carrying them.Repetition is essential — you may need to sound like a damaged report to ensure that your youngsters to take face coverings critically.TODAY’S PODCASTBe positive to set a very good instance by carrying your individual masks — make sure that it is on appropriately and that you simply truly put on it each time you exit the door. — Laura Jarrett, CNN anchorWe’re kicking off every week of episodes devoted to how youngsters and academics may return to high school safely, in-person or remotely. CNN Chief Medical Correspondent Dr. Sanjay Gupta arms issues over to CNN anchor Laura Jarrett to reply a few of your most urgent questions. Pay attention Now.