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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
PoliticsCoronavirus

President Trump tells older Americans to stay home, all ages to limit gatherings to 10

By
The Associated Press
The Associated Press
,
Jonathan Lemire
Jonathan Lemire
,
Andrew Taylor
Andrew Taylor
, and
Jill Colvin
Jill Colvin
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By
The Associated Press
The Associated Press
,
Jonathan Lemire
Jonathan Lemire
,
Andrew Taylor
Andrew Taylor
, and
Jill Colvin
Jill Colvin
Down Arrow Button Icon
March 16, 2020, 4:49 PM ET
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The White House on Monday urged all older Americans to stay home and everyone to avoid crowds and eating out at restaurants as part of sweeping guidelines meant to combat an expected surge of coronavirus cases.

President Donald Trump and the coronavirus task force released the guidelines as the U.S. government moved to try to blunt the impact of the virus, racing to bolster testing and aid even as financial markets fell and Americans scrambled to reorder their lives.

Among the new recommendations: Over the next 15 days, Americans should not gather in groups of more than 10 people, schooling should be at home and discretionary travel and social visits should be avoided. If anyone in a household tests positive for the virus, everyone who lives there should stay home.

The president, in an appearance in the White House briefing room, when asked when the pandemic would subside, said that “if we do a really good job” the crisis could pass by July or August, a far less optimistic take than in his earlier predictions that it could be over within weeks.

“We will rally together as one nation and we will defeat the virus,” Trump said. “We can turn the corner and turn it quickly.”

The president also, for the first time, acknowledged that the virus, which has battered the global markets, may send the nation’s economy into a recession, a potentially brutal blow for an incumbent in an election year. He also, without providing details, said of the administration, “we’re going to back the airlines 100%,” a note of reassurance for an industry crippled by travel bans and fears of spreading the virus.

Trump, who adopted his most somber tone yet when discussing the crisis, acknowledged that it was “not under control” in the United States or globally but said he did not yet plan to call for domestic travel restrictions. He said the U.S. will probably be dealing with this pandemic until July or August.

The administration did not immediately define what an an older American was in terms of the recommendation to stay home.

More coronavirus coverage from Fortune:

—How to prepare your personal finances for a coronavirus recession
—The coronavirus could upend America’s business relationships to China
—The best Twitters to follow for reliable information on the coronavirus outbreak
—3 months before the coronavirus, a war game showed we weren’t ready
—How mainland China’s closest neighbors have kept coronavirus cases so low
—Couples are scrambling to prepare last-minute wedding alternatives
—SARS taught Taiwan how to contain the coronavirus outbreak
—How A.I. is aiding the coronavirus fight

Subscribe to Fortune’s Outbreak newsletter for a daily roundup of stories on the coronavirus outbreak and its impact on global business.

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