And even some public beaches are closing in FloridaAs US coronavirus cases have increasedthere are at least 3,485 cases and 65 fatalitiesso, too, haveefforts to prevent futurespread. He said he will sign the shutdown order and issue a ban on gatherings larger than 50 people on Monday. A theater is closed after New York cancelled all gatherings over 500 people due to the coronavirus. JUST WATCHED Federal Reserve cuts interest rates to zero Replay More Videos ... MUST WATCH Federal Reserve cuts interest rates to zero 01:07What does this mean for economy? "These measures, which are essential to contain the outbreak will nonetheless... take a toll on the economy in the near term," Federal Reserve Chairman Jerome Powell said.

Source: CNN March 16, 2020 07:59 UTC