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U.S. daily coronavirus cases top 50,000 for first time

A record 50,655 tested positive for the novel coronavirus in the United States on Wednesday, Johns Hopkins data shows.

Of note: State governors across the country have been pausing or adjusting reopening plans in response to surging coronavirus cases across the U.S. in recent days.

Editor's note: This is a developing news story. Please check back for updates.

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New state unemployment filings fall to 757,000

First-time applications for unemployment fell last week, according to Department of Labor data released on Thursday.

Between the lines: The overall number of Americans relying on unemployment also fell to a still-staggering 23 million. But there are continued signs of labor market strain, with more people shifting to an unemployment program designed for the long-term jobless.

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