Texas eases school reopening requirements; US hits record number of daily COVID-19 cases

The U.S. again set a daily record of new COVID-19 cases Thursday, reporting more than 77,000.

The rising numbers are a stark reminder of Dr. Anthony Fauci’s warning to Congress last month that the U.S. could eventually see 100,000 new infections a day

As the outbreak continues to surge across the southern states, FloridaTexas and South Carolina set records for new daily deaths, reporting 156, 129 and 69, respectively. While wearing face masks in public is mandatory in the majority of U.S. states, Texas only requires masks in counties with active COVID-19 cases, and Florida and South Carolina don’t have statewide mask orders.

In neighboring Georgia, meanwhile, Gov. Brian Kemp filed a lawsuit Thursday against the Atlanta City Council and the mayor to block the city from enforcing its face mask mandate.

Some recent developments: 

📈 Today’s stats: The U.S. surpassed 3.6 million cases and over

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Visa Warns It Will Be Challenged ‘for a Number of Quarters’

(Bloomberg) — Visa Inc. Chief Executive Officer Al Kelly warned the firm will be challenged “for a number of quarters” even as declines in spending on its network began to moderate in April.

As the U.S. government began sending out stimulus payments to millions of consumers this month, Visa saw an increase in spending on home improvement, automotive and some areas of health care. Still, spending on the firm’s cards in the U.S. has dropped 19% in April compared with the same period a year earlier, according to Chief Financial Officer Vasant Prabhu.

To offset the slowdown in spending on its cards, Visa said expenses in the second half of the year would be flat compared with the same period a year ago. The company, which has vowed it won’t make any virus-related layoffs this year, said costs rose 4% to $1.93 billion in the first three months of the

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