U.S. Economy
Biden warns U.S. won’t have enough Covid vaccine shots this fall if Congress fails to pass funding
U.S. President Joe Biden receives a second coranavirus disease (COVID-19) booster vaccination after delivering remarks on COVID-19 in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 30, 2022. Kevin Lamarque | Reuters President Joe Biden warned Wednesday that the U.S. will not have enough Covid vaccine shots […]
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Watch live: Biden speaks about fight against Covid as more contagious omicron BA.2 gains ground
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to give a speech Wednesday about the fight against Covid-19 in the U.S. The president’s remarks come a day after the Centers for Disease Control […]
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BofA says iPhone demand still strong despite reports of production cutback
Tim Cook at the Apple launch event, March 8, 2022 Apple Bank of America analysts said on Wednesday that iPhone demand is still strong despite a recent report that said Apple cut production of its iPhone 13 and new iPhone SE. “While these articles might lead some investors to think there is risk to demand, […]
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Anthony Scaramucci says he’s ‘not quite convinced’ on the recession signal the bond market flashed
Traders work on the floor of the New York Stock Exchange on March 28, 2022, in New York City. Following a positive week for stocks, the Dow Industrial Average was down over 100 points in morning trading. Spencer Platt | Getty Images A key signal of recession flashed in the bond market this week, but […]
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Top FDA official says fully vaccinated Americans may need more Covid shots this fall
Nathan Jacobs, of Boston gets his Covid Booster shot from Sassy Yogurtian at City Hall on December 9, 2021 in, in Boston, MA. Stuart Cahill | MediaNews Group | Getty Images People in the U.S. might need another Covid booster shot this fall as public health experts expect immunity from the vaccines to wane and […]
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Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning discussion of LGBTQ issues in public schools
Revelers celebrate on 7th Avenue during the Tampa Pride Parade in the Ybor City neighborhood on March 26, 2022 in Tampa, Florida. The Tampa Pride was held in the wake of the passage of Florida’s controversial “Don’t Say Gay” Bill. Octavio Jones | Getty Images Florida Gov. Ron DeSantis on Monday signed legislation banning the […]
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More contagious omicron BA.2 subvariant now dominant in the U.S., CDC says
A woman takes a coronavirus disease (COVID-19) test at a pop-up testing site in New York City, January 12, 2022. Brendan McDermid | Reuters The more contagious omicron subvariant, BA.2, is now the dominant version of Covid-19 in the U.S., according to data released by the Centers for Disease Control and Prevention this week. The […]
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FDA authorizes fourth Pfizer Covid vaccine dose for people age 50 and older
The Food and Drug Administration has authorized a fourth Pfizer Covid vaccine dose for everyone age 50 and older, amid uncertainty over whether an even more contagious version omicron will cause another wave of infection in the U.S. as it has in Europe and China. Pfizer, in a statement on Tuesday, said the FDA also […]
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Vice President Kamala Harris set to tout corporate giants’ $4.7 billion pledge to minority-owned businesses based near Washington D.C.
Vice President Kamala Harris on Wednesday will join a group that includes leaders of corporate giants to promote a $4.7 billion commitment to boosting minority-owned businesses and underrepresented communities in Washington, D.C., and surrounding areas. Harris will speak at an event at Howard University where the Greater Washington Partnership, a nonprofit civic alliance, will unveil […]
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Recession fears tied to Treasury yields are overblown, Canaccord’s Tony Dwyer suggests
Wall Street may be overestimating recession risks. While investors focus on an unnerving inversion between the five-year and 30-year Treasury Note yields, Canaccord Genuity’s Tony Dwyer is concentrating on optimistic activity in another part of the bond market. According to Dwyer, the three-month versus five-year yield shows a healthier picture of the U.S. economy because […]
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