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The Fed: Fed’s Williams says shift away from scandal-plagued, interest-rate benchmark in 2 years remains on track despite coronavirus

New York Fed President John Williams emphasizes that officials will follow through with plans to discontinue a embattled benchmark for rates in financial markets at the start of 2022, despite all of the focus by financial firms on the coronavirus pandemic.

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Coronavirus update: Global case tally edges toward 13 million, and Florida trounces one-day case record set by California last week

The number of confirmed cases of the coronavirus illness COVID-19 worldwide edged closer to 13 million on Monday, a day after the World Health Organization reported another one-day case record above 230,000, and Florida set a U.S. record that trounced the previous one set by California last week.

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