Banners are placed by residents outside an apartment building, as the spread of the?coronavirus?disease (COVID-19) continues, in Washington, U.S., June 11, 2020. REUTERS/Yuri Gripas
(Reuters) - Facing budget shortfalls and double-digit unemployment, governors of U.S. states that are COVID-19 hotspots on Thursday pressed ahead with economic reopenings that have raised fears of a second wave of infections.
The moves by governors of states such as Florida and Arizona came as Treasury Secretary Steven Mnuchin said the United States could not afford to let the novel coronavirus shut its economy again and global stocks tanked on worries of a pandemic resurgence.
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