Best resource I've come across when trying to figure out whats actually going on:
https://www.worldometers.info/coronavirus/ It's just a repo laying out the data that the experts are looking at.
Nobody knows exactly what's happening with so many different countries involved, but there's no need to rely on media/politicians.
From what I can tell, it seems likely things are going to get worse before they get better. Could be a couple months, or it could be much longer. And they likely won't have a vaccine ready for the masses till early 2021.
If you're under 50 and in decent health you don't have to worry much about dying, but there's a decent chance it will have a big effect on most of the world in other ways. Especially if you live in a densely populated area.
If you feel sick, stay home. and don't go visit grandma.