The United States received good news Thursday with the rehiring of 4.9 million people in June, but the economy’s two steps forward in May and June could be followed by a step backward in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their economies to …
Read More »New US Coronavirus Cases Reached All-time High of 57,497, as COVID-19 Increases in Florida, Arizona, California, and Texas
United States, on the third day, with new daily coronavirus cases exceeding 50,000, reaching a new 24-hour high of 57,497. The COVID-19 pandemic, which was first identified in Wuhan, China in December, had infected 11,124,651 people worldwide and 2,808,003 in the US through Saturday. It had claimed at least 526,003 …
Read More »Moderna’s stock falls due to the report of the delay in the Covid-19 vaccine trial
Text size Joseph Prezioso / Getty Images Shares of Modern biotechnology fell 6.2% on Thursday afternoon after health news website Stat reported that the company was delaying the start of a Phase 3 trial of its experimental Covid-19 vaccine. The report, based on quotes from unidentified sources described as “investigators,” …
Read More »Florida Registers 10,000 New Coronavirus Cases, Largest Daily Rise Since Pandemic Started
Florida has just set a new record in the uphill battle against COVID-19. Florida reported more than 10,000 new cases Thursday, its highest number of new cases daily since the COVID-19 pandemic began. It also reported about 169,100 cases, most of which do not represent those who are asymptomatic or …
Read More »European stocks could be ready for a comeback. Where investors can find signs of a recovery.
Europe has increased the stimulus, with countries like France launching larger-than-expected packages to boost the economy. Philippe Lopez / Getty Images Text size While the state of the Covid-19 pandemic in the US and China has been largely focused, Europe has quietly progressed. Policy makers have come together and worked …
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