Labor Unions Tell Biden More Protections Needed To Be Part Of Vaccination Mandate
Labor unions made a pitch to the Biden administration on Friday to expand COVID-19 protections to go beyond just the vaccine mandate and include a more comprehensive set of measures.
Microsoft Tops Apple With $2.47 Trillion Valuation, Making It World's Most Valuable Company
Microsoft has surpassed Apple as the most valuable company in the world after posting a $2.44 trillion market capitalization. This marks Microsoft's return to a spot it held for years in the past.
Are SALT Caps Returning To High-Earners In New York, California In New Biden Tax Plan?
A cap on tax state and local tax deductions, known as SALT, may find its way back into the final text of President Joe Biden’s $1.85 trillion spending bill, a priority for moderate Democrats.
Personal Income Drops 1.0% In September, Fueling Inflation Fears
Personal income saw a 1.0% drop on Friday in the Department of Commerce's recently released Personal Consumption Expenditure (PCE) data. The overall PCE was higher by 4.4% in September, likely to add to fears of persistent inflation.
WHO Says COVID-19 Deaths Resurging, Driven By Cases In Europe After Two Month Pause
The World Health Organization (WHO) warned on Thursday that COVID-19 has been experiencing a resurgence, driven by a spike in cases within European countries.
Why Are Americans Paying 25% More For Auto Loans In The Last 10 Years?
Borrowers in the United States are paying more for auto loans in the last decade, regardless of their credit score or ability to pay for a loan.
Pending Home Sales Dealt A Setback After 2.3% Drop in Contracts In September
Pending home sales were dealt a surprise blow on Thursday as the number of signed contracts to buy existing hopes dropped by 2.3% in September. However, it is predicted that buyers are pausing their purchases only until the new year arrives.
US Economic Growth Rate Drops To 2%, Falling Below Expectations
Economic growth for the third quarter is projected to have grown at 2%, the slowest gains recorded since the beginning of the COVID-19 pandemic.
Initial Unemployment Claims Fall To 281,000, Continuing Downward Trend
The number of initial unemployment claims in the U.S. has fallen for a third week in a row and is slowly inching closer to pre-pandemic lows. This data arrives only days before the Federal Reserve is set to meet on Monday.
Increased Alcohol Consumption During COVID-19 Raised Demand For Liver Transplants
There has been an increased need for liver transplants during the COVID-19 pandemic and it can be chalked up to the surge in heavy drinking.
Cigarette Sales Rebound During COVID-19 For The First Time In 20 Years
Cigarette sales shot up last year at the height of the COVID-19 pandemic in a rare boost for the tobacco industry.
Investors Shrug Off Bitcoin's Drop In Value As ETF Fever Eases
Bitcoin fever appears to be subsiding as it saw 5% of its value lost since last week''s jubilant launch of the digital asset's first exchange traded fund. Investment analysts, however, insist that it is likely a market correction as the ETF splurge tones down.
Demand For Durable Goods Falls 0.4%, Snapping Four-Month Growth Streak
New orders for durable goods in the U.S. has gone down, breaking a four-month streak of growth by posting a 0.4% decrease in shipments and weaker growth in August than previously reported.
Ex-Trump Adviser Says Administration Could Have Stopped Up To 40% Of COVID Deaths
A former public health adviser to then-President Donald Trump said that the administration's preoccupation with the November 2020 elections last year cost the U.S. up to 40,000 lives.
How COVID-19 Stress Is Still Making Small Decisions Difficult For Americans
The COVID-19 pandemic has been putting enough of a strain on Americans that it is affecting how they make basic decisions, even as many Americans hold onto the belief that there will be a return to normalcy once the pandemic ends.
New Home Sales Up By 14% In September, Says Census Bureau
The Census Bureau found new home sales went up in September, a sign of the continued demand for homes even as the wider market continues to suffer from supply and affordability issues.
Amazon, Verizon Team Up On Project Kuiper To Bring Broadband Internet To Rural America
Verizon and Amazon are teaming up to connect their land and space networks to provide faster internet coverage to more communities, including many in rural America.
Memory Loss Can Persist Up To 7 Months After Recovering From COVID-19, Says Study
A new study in New York has found that memory loss and other forms of cognitive impairment can continue for months after recovering, including after mild cases experienced by younger patients.
COVID-19 Is Bigger Cause Of Neurological Problems Than Vaccinations, Says UK Study
A new study reveals that COVID-19 vaccines do not carry a major risk of developing neurological problems, and exposure to the virus itself carries a greater risk of contracting serious side effects.
Businesses To Biden: Hold Off On Vaccine Mandate For Workers Until After Holidays Pass
Major retail chains fear that vaccine mandates could lead to a mass exodus of workers ahead of the holiday season.
'Facebook Papers' Reveal Extent Of Platform's Abuse, Employee Frustration With Executives' Inaction
The 'Facebook Papers' have put the world’s largest social media platform in a corner, hit from all sides with revelations that show just how much it knew about the ways it was being abused, and the frustration employees felt over their inability to stop it
Coal Use Now Makes Up 22% Of US Power Grid Despite Biden's Clean Energy Agenda
Biden’s climate change agenda has been front and center since entering the White House in January, but the U.S. Energy Department recently found that coal use in the national energy grid has gone up in the last year.
US Service Sector Sees 'Sharp' Uptick In Win For Economy But Inflation Fears Remain
The economy is making strides in the face of COVID-19 and the ongoing supply chain problems that are pushing prices higher, but labor shortages and inflation fears continue to be causes for concern.
Why Cold Weather States Fear A COVID Surge
As the nation experiences a fall in COVID-19 hospitalizations and deaths, colder states are starting to see an uptick in virus cases.
California Pushes Ban On Oil Drilling Near Homes In Aggressive New Proposal
Gov. Gavin Newsom announced a new climate change strategy that would forbid new oil drilling near homes, schools and hospitals in the state. He framed the plan as meeting the twin goals of protecting public health while advancing his climate agenda.
Climate Change Is Making Health Problems Worse, 'Code Red Not Hot Enough'
Climate change is amplifying the severity of health problems across the world, including in the United States. Some researchers warn that this report is more than a "code red" for the world to increase efforts to combat climate change.
US Existing Home Sales Up 7% In September As Supply Begins To Expand
Existing home sales in the United States went up in September as the supply of homes begin to expand, but lingering concerns about affordability an availability of homes continues to draw concern.
Weekly Initial Unemployment Claims Fall To 290,000, Continuing Downward Trend
The number of initial unemployment claims in the U.S. has fallen for a second week in a row to the lowest level since the start of the COVID pandemic, the Department of Labor reported on Thursday.
Will The US Need To Call On National Guard, Navy To Help Supply Chains?
The Biden administration said it would not be “taking options off the table.”
Scientists Succeed In Transplanting A Pig Kidney On A Human For First Time
Scientists recently succeeded in temporarily attaching a pig’s kidney to a human body, a first step that could open up the possibility that pig organs can be used more widely as transplants one day.