Health
How health insurance may have made health care more expensive
Widespread medical debt is a uniquely American problem. Roughly 40% of U.S. adults have at least $250 in medical debt, according to a survey conducted by Kaiser Family Foundation. “The history of medical debt is basically a history of the changing answer to the following question: When the patient can’t pay the bill, who foots […]
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Omicron XBB.1.5 is rising in U.S. though revised CDC data shows slower increase than previously reported
The Centers for Disease Control and Prevention on Friday revised downward its estimate of how much the omicron XBB.1.5 subvariant is circulating across the U.S., though it continues to spread at a faster pace than other versions of Covid-19. XBB.1.5 made up 27.6% of sequenced Covid cases nationally for the week ending Jan. 7 compared […]
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Biden proposes tougher limits on deadly soot pollution
Seen from the window of an Amtrak train, smoke billows up from power plants alongside the tracks in Northern Virginia. Andrew Lichtenstein | Corbis Historical | Getty Images The U.S. Environmental Protection Agency on Friday proposed a rule that would strengthen federal limits on industrial soot, one of the country’s most deadly air pollutants that […]
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Health-care ETFs tend to rise around next week’s annual JPMorgan conference. Here’s what to know
Next week is one of the biggest of the year for health-care investors, and it has historically been a good time to own ETFs that track the industry. The 2023 JPMorgan Health Care Conference is set to kick off next Monday in San Francisco. The event features keynote speeches from the CEOs of Sage Therapeutics […]
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BioNTech says it will start cancer vaccine trials in the UK from September
A NHS vaccinator administers the Pfizer-BioNTech Covid-19 booster jab to a woman, at a vaccination centre in London. BioNTech is launching a large-scale trial of mRNA therapies to treat cancer and other diseases in the U.K. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. government on Friday announced a partnership with German […]
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South Carolina Supreme Court overturns state abortion ban
The South Carolina Supreme Court on Thursday overturned the state’s ban on abortion after around six weeks of pregnancy, ruling that the law violated the state’s constitutional right to privacy. The 3-2 decision comes nearly seven months after the U.S. Supreme Court’s bombshell ruling voiding the federal constitutional right to terminate pregnancies. President Joe Biden’s […]
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Jim Cramer’s Investing Club meeting Thursday: Avoid expensive stocks
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Avoid expensive stocks Sticking by Danaher Still a buyer of Ford 1. Avoid expensive stocks Stocks continued their drop on Thursday after the December ADP private payrolls report indicated the […]
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Credit Suisse downgrades Danaher as Covid vaccine demand dwindles
Credit Suisse is shifting its perspective on shares of Danaher as the company’s bioprocess business comes under pressure. Analyst Dan Leonard downgraded the medical stock to neutral from outperform, citing exposure to bioprocessing inventory reductions that could threaten Danaher’s growth. “Danaher has reduced its near-term growth expectations for its Bioprocess business (~25% of 2022e sales, […]
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EU requires travelers from China to take Covid test before entering Europe
European nations are looking at new travel requirements from China after Beijing lifted Covid restrictions. China News Service | China News Service | Getty Images European nations on Wednesday agreed to impose new restrictions on travelers from China amid fears of an increase in Covid cases. Passengers departing from China will likely have to present […]
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XBB.1.5 omicron subvariant is the most transmissible version of Covid yet, WHO says
XBB.1.5 strain, January 4, 2023, Suqian, Jiangsu, China. CFOTO | Future Publishing | Getty Images The XBB.1.5 omicron subvariant that’s currently dominating the U.S. is the most contagious version of Covid-19 yet, but it doesn’t appear to make people sicker, according to the World Health Organization. Maria Van Kerkhove, the WHO’s Covid-19 technical lead, said […]
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