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COVID-19

AP News | Equities.com |

In another ominous sign about the spread of the delta variant, Idaho public health leaders on Thursday expanded health care rationing statewide and individual hospital systems in Alaska and Montana have enacted similar crisis standards amid a spike in the number of unvaccinated COVID-19 patients requiring hospitalization.

The decisions marked an escalation of the pandemic in several Western states struggling to convince skeptical people to get vaccinated.


Kimberly Redmond | Equities.com |

Americans opened their wallets and spent last month, giving retail sales an unexpected rebound after plunging the month before, the US Commerce Department reported Thursday.

The continued surge in COVID-19 cases nationwide, however, has changed where Americans are spending their money.


Kimberly Redmond | Equities.com |

The COVID-19 pandemic has not slowed the pace of climate change and it is likely that the world will miss its Paris Agreement goal of reducing global warming to 1.5 degrees Celsius above pre-industrial levels, according to a new report from the United Nations. 

Released Thursday, the UN’s United in Science 2021 report, found that coronavirus-related stay-at-home orders and economic slowdowns caused only a temporary downturn in CO2 emissions last year and were n...


Kimberly Redmond | Equities.com |

Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) expect to seek emergency use authorization from the US Food and Drug Administration by November for their COVID-19 vaccine to be administered to children younger than five years old.

During the Morgan Stanley Global Healthcare Conference on Tuesday, Pfizer’s chief financial officer Frank D’Amelio said the drugmaker is awaiting results of pediatric trials of the vaccine, which should be available over the next month.


Kimberly Redmond | Equities.com |

The consumer-packaged goods and retail industries are pressing the White House for more details on how to implement a sweeping COVID-19 vaccine mandate within the private sector.

In a letter Monday to President Joe Biden, the Consumer Brands Association included a list of more than a dozen questions from its member companies regarding requirements for vaccination, testing and other logistics.


Kimberly Redmond | Equities.com |

Dr. Anthony Fauci, the nation’s top infectious disease expert, said he would support a COVID-19 vaccination mandate for all air travel in the US.

“I would support that if you want to get on a plane and travel with other people that you should be vaccinated,” the White House chief medical adviser said in an interview with theSkimm podcast, The Hill reported.


Reuters | Equities.com |

The number of Americans filing new claims for jobless benefits fell last week to the lowest level in nearly 18 months, offering more evidence that job growth was being hindered by labor shortages rather than cooling demand for workers.

Initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the Labor Department said on Thursday.


Reuters | Equities.com |

The Biden administration is set to unveil a plan that supports legislation to empower the U.S. federal government to negotiate drug prices in Medicare and pass along the benefits to the private sector, the Wall Street Journal reported on Thursday.

The COVID-19 outbreak, which has upended the U.S. economy and so far killed about 649,299 people in the country, has drawn renewed attention to healthcare costs.


Reuters | Equities.com |

The number of Hispanic and Black families without enough to eat climbed in 2020, the U.S. government said on Wednesday, as the COVID-19 pandemic shuttered businesses and left millions of laid off Americans scrambling to put food on the table.

Overall food insecurity in America was unchanged from 2019 at 10.5%, the lowest level since the Great Recession.


Kimberly Redmond | Equities.com |

A record number of moviegoers went to the theaters over Labor Day weekend, giving big chains like AMC Entertainment Holdings Inc (NYSE: AMC) and Cinemark Holdings Inc (NYSE: CNK) hope of a turnaround at the box office after weathering widespread cinema closures during the pandemic.

On Tuesday, AMC said more than 2 million people watched a movie at one of its more than 380 US locations between Sept. 2 and Sept. 5, beating out its previous Labor Day revenue record in 2013.