Coronavirus updates: U.S. tops 9 million cases as Trump, McConnell and Pelosi torn on relief timeline

This is CNBC's live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. 

The U.S. continued to set new highs for Covid-19 infections this week, with Thursday marking a record 88,521 daily new cases, bringing the seven-day average of daily new cases to a new high at 76,590, a CNBC analysis of data from Johns Hopkins University showed. Hospitalizations are climbing in 41 states. Former FDA chief Dr. Scott Gottlieb said Friday that the cases in the U.S. are on a similar track to Europe. "If we get to the levels of some of the European countries like France and Italy, Spain, the U.K. are experiencing, it's going to really press our health care system across the country," he said.

Here are some of Friday's biggest developments:

The following data was compiled by Johns Hopkins University:

  • Global cases: More than 45.36 million 
  • Global deaths: At least 1.18 million
  • U.S. cases: More than 9.00 million
  • U.S. deaths: At least 229,293

United States sets another daily high with 97,088 new cases: NBC News tally

The United States set a record for single-day, new Covid-19 cases with 97,088 reported on Friday, according to a total from NBC News.

The tally marks the fifth time since Thursday, Oct. 22 that the U.S. has set a fresh high, according to NBC News figures, and the second consecutive day when more than 90,000 news cases were reported.

The NBC News count indicates 969 deaths from the virus in the United States on Friday, compared with 982 deaths the day prior. — Ted Kemp

U.S. cases surpass 9 million as Fauci calls daily count 'quite unacceptable'

White House coronavirus advisor Dr. Anthony Fauci said the U.S. is reporting an "extremely high and quite unacceptable" daily number of Covid-19 cases ahead of the winter season when people will be spending more time indoors, threatening to spread the virus even more.

While some have referred to the latest surge in cases as a "third wave," Fauci said the country is still grappling with its original wave of coronavirus infections.

"We never got out of the real wave. We kind of went up and down within a wave," Fauci told SiriusXM's "Doctor Radio Reports" in an interview that aired on Friday. "When I hear people talk about second and third waves, it really is the original wave that just resurges up, comes down a little, and resurges up again."

The U.S. has now surpassed 9 million total Covid-19 cases reported since the beginning of the pandemic, adding an additional 1 million cases since mid-October alone, according to Hopkins.

"We're in a precarious position over the next several weeks to months," Fauci said. — Noah Higgins-Dunn

San Francisco pauses planned reopenings after increase in cases, hospitalizations

Owner Shirley Tan talks with a diner at Sippin/Bottom's Up's parklet on Mission Street in San Francisco, Calif., October 28, 2020.
Scott Strazzante | Hearst Newspapers | Getty Images

San Francisco will pause its planned reopenings, which included greater capacity for indoor dining at restaurants and movie theaters, as Covid-19 cases continue to surge across the U.S., Mayor London Breed said.

"We're beginning to see an increase in cases [and] hospitalizations. While this is not cause to move backward, we are going to pause some of the reopening scheduled for Nov 3," Breed said in a tweet.

The city will not reopen its indoor pools, bowling alleys, and locker rooms and showers at gyms as originally planned, Breed said. Instead of reopening at increased capacity, indoor restaurants, movie theaters, museums, zoos, aquariums and places of worship will stay at 25%, she said. —Noah Higgins-Dunn

Cruise stocks rise after CDC clears industry to plan re-start from Covid shutdown

Cruise stocks rose sharply after the Centers for Disease Control and Prevention announced it will replace its nearly 8-month old no-sail order with a less restrictive "Conditional Sailing Order."

Shares of the largest cruise company in the world, Carnival, soared more than 11% on the news in afternoon trading Friday, before leveling off at around 6%. Shares of Norwegian Cruise Line traded more than 4% higher and Royal Caribbean's stock was up more than 3%.

The CDC change doesn't mean cruising in the U.S. will resume next week, or potentially anytime soon, especially as new cases of the coronavirus continue to spike. The companies will need to work with the CDC through a phased approach to implementing public health measures and eventually resuming operations, the CDC said.

The CDC originally issued a no-sail order for cruise ships in U.S. waters on March 14 after hundreds of coronavirus infections and several Covid-19 deaths were reported onboard ships with outbreaks across the world. The CDC previously said "that cruise ship travel exacerbates the global spread of Covid-19" in justifying the order. —Will Feuer

Georgia Gov. Brian Kemp and his wife are quarantining

U.S. President Donald Trump is greeted by Georgia Governor Brian Kemp as he arrives at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., July 15, 2020.
Jonathan Ernst | Reuters

Republican Gov. Brian Kemp of Georgia and his wife, Marty Kemp, are in quarantine after being exposed to a person who tested positive for coronavirus, a spokesman said Friday.

Shortly before Kemp's press secretary, Cody Hall, made the announcement, Republican Rep. Drew Ferguson of Georgia revealed that he had tested positive for the virus that morning. Ferguson had shaken hands with Kemp days earlier at an outdoor campaign event, where both men spoke to a crowd of dozens of President Trump's supporters.

Hall's statement did not specify the person to whom the Kemps had been exposed.

"Today, our office was informed that Governor Kemp and the First Lady were recently exposed to an individual who received a positive test result for COVID-19," Hall said on Twitter.

"Upon notification, the Governor and the First Lady received a COVID-19 test. Per [Georgia Department of Public Health] guidance, both the Governor and the First Lady are currently quarantining," Hall said.

Ferguson, in his own statement, said that he began experiencing "mild" cold-like symptoms on Thursday night.

"This morning when I began running a slight fever, I immediately took a COVID test which has come back positive," Ferguson said.

"Following the advice of my physician, I will be self-quarantining and working from home," he said.

Video of the "MAGA Meet up" event Tuesday, which was posted by local news outlets, shows Ferguson introducing Kemp, who wore a mask as he stepped over to the lectern and gave the congressman a hearty handshake before beginning his speech.

In his remarks, Kemp mocked Democratic presidential nominee Joe Biden for leaving his "basement" to visit the Peach State.

"I think you should be applauding yourselves for getting Joe to come out of the basement and experience freedom in America!" Kemp told the crowd.

— Kevin Breuninger

It's anyone's guess when coronavirus stimulus will pass

The three most powerful people in Washington have three different outlooks on when the next coronavirus stimulus package could pass.

Senate Majority Leader Mitch McConnell hopes to take care of relief "right at the beginning" of 2021. Pelosi thinks aid could pass soon after Inauguration Day on Jan. 20, but added that "we don't want to have to wait that long."

President Donald Trump, meanwhile, claimed stimulus will pass "immediately" after the 2020 election.

Congress has failed to send Americans fresh aid for months despite record numbers of new Covid-19 infections and an economic recovery that has left many people behind. A last-ditch effort by Pelosi and Treasury Secretary Steven Mnuchin to strike a deal before Election Day failed to yield much progress.

The election, during which both Senate control and the presidency could change hands, may influence the political appetite for reaching a deal during the lame duck session before inauguration.

— Jacob Pramuk

Restaurants face a new wave of restrictions as Covid-19 cases surge

Another wave of restrictions aimed at restaurants is following the recent surge in Covid-19 cases.

In Chicago, indoor dining is once again verboten. Further west, in Denver, capacity has been slashed back to just 25% and the last call for alcoholic drinks is now 10 p.m. Across the Atlantic Ocean, France and Germany are temporarily shuttering restaurants again as they hunker down.

Taking the new restrictions in stride will be easier for fast-food chains, whose reputation for convenience and low prices helped the sector rebound faster than the broader industry.

-- Amelia Lucas

Fed loosens the conditions for its small business lending program

The Federal Reserve had adjusted its Main Street lending program in hopes of opening the lightly tapped facility to more businesses. In the latest adjustment to the initiative, the Fed cut the minimum loan to $100,000 from $250,000 and said companies that already borrowed from the Paycheck Protection Program won't have that count against their debt level for loans up to $2 million.

The program targets companies with fewer than 15,000 employees and was implemented in the early days of the pandemic to help at-risk businesses. However, only about 400 loans totaling $3.7 billion have been approved so far in a program that can lend up to $600 billion. Both borrowers and lenders have criticized the terms of the loans. –Jeff Cox

U.S. reports record daily cases as experts warn of exponential growth

The U.S. reported a record 88,521 new coronavirus cases on Thursday as the na