Side effects from Covid-19 vaccines are indications that the shots are helping build protection against the disease, former FDA Chief Dr. Margaret Hamburg told CNBC on Thursday. “The data does tell us that this vaccination causes some reaction at the time of administration that is fairly routine, but notable if you’re receiving the vaccine,” she said
Month: December 2020
CHICAGO, IL – Chair of The Economic Club of Chicago Mellody Hobson during the Economic Club of Chicago Dinner Meeting at Hilton Chicago on December 6, 2018 Barry Brecheisen | WireImage | Getty Images Mellody Hobson, named Starbucks‘ new board chair on Wednesday, knows what it is like to grow up without money. That’s what
Dr. Anthony Fauci, the nation’s leading infectious disease expert, has been on a mission since March to end the Covid-19 pandemic. Despite working 18-hour days, Fauci, who turns 80 this month, said he never plans on stopping. “It would be unconscionable to walk away from this,” Fauci said during a Q&A panel with Harvard T.H.
SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as interest in the space industry
Courtney Keating | E+ | Getty Images Talk to anyone who’s gone through divorce and they’d likely say the experience was no walk in the park. Yet the notion may be weighing on more spouses during the pandemic, some research shows. For instance, based on Loanry.com’s internal data, there’s been a 62% increase in loan
Marc Romanelli | Tetra images | Getty Images Maria Rangel came to Los Angeles from Colombia five years ago with her infant son and $500, hoping to realize the American dream. And, she did. ”We had not much and now we have a home,” said Rangel, who bought a condo two years ago. The 35-year-old
Latino business owners operate in sectors hit hard by Covid-19 and are less likely to receive PPP loans than White entrepreneurs, but Hispanic business formation and revenue was growing before the pandemic and can recover with the right public policy and financial support. Getty Images Often hailed for higher-than-average rates of entrepreneurialism and new business
Despite new challenges brought on by COVID-19 in 2020, retirement planning remains a core part of financial security. All retirement planning is deeply personal. It is not just about saving money, reducing taxes, or having money that lasts a lifetime – it is about accomplishing goals and living with dignity throughout life. Because of this
getty Congress is making some progress on a COVID relief package. If it advances, it would be the first significant stimulus action from Congress since the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act was signed into law in March of 2020. A second relief bill was introduced and passed in the House
The angular design of the home creates an entertainment cove outdoors Jeremy Spann/Hilton & Hyland The place where comedian Jerry Seinfeld lived—or didn’t, depending how you look at it—during most of his years filming his famous sitcom has come back on the market with several adjoining parcels also available for sale. Seinfeld purchased the home
Royal Caribbean’s Quantum of the Seas cruise ship docked at Singapore’s Marina Bay Cruise Centre on Dec. 9, 2020. Rosanna Lockwood | CNBC SINGAPORE — The Singaporean passenger who tested positive for Covid-19 onboard a cruise ship has subsequently tested negative for the disease, according to Singapore’s health ministry. The passenger, an 83-year-old man, was
U.S. stock index futures were little changed in overnight trading on Wednesday as investors continued to assess progress on additional stimulus measures, as well as developments on the Covid-19 vaccine front. Futures contracts tied to the Dow Jones Industrial Average gained two points while S&P 500 futures were flat. Nasdaq 100 futures fell 0.1%. During
With the launch of its IPO Wednesday, food delivery service DoorDash is on the verge of being valued at up to $32 billion. For CEO and co-founder Tony Xu, that lucrative public offering would make him a billionaire at just 36 years old. Xu owns a stake of about 5% of the company he co-founded
A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters BlackRock has raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines. The firm is raising equities from neutral on a tactical basis, meaning over a
Al Drago | Bloomberg | Getty Images A bipartisan Senate relief package would pay a $300 weekly boost to unemployment benefits for 16 weeks and extend jobless aid for millions of workers set to lose benefits at year’s end, according to a summary of the legislation issued Wednesday. The $908 billion bill, the Bipartisan Emergency
getty Over the past quarter-century, the American labor market went through a quiet transformation. The share of workers 55 or older more than doubled, rising from 12% in 1995 to nearly 25% in 2020. At no point in U.S. history have older workers been more essential, and economists predict the trend to continue. Yet this
Topline To avert a looming government shutdown this weekend, the House of Representatives Wednesday passed a continuing resolution that will keep the government running and give lawmakers more time to pass a comprehensive coronavirus relief bill and a $1.4 trillion omnibus budget bill for the 2021 fiscal year. House Majority Leader Steny Hoyer (D-MD) talks
Billionaires Elon Musk, Jeff Bezos and Bill Gates all live in states that don’t collect income tax. Credit: Saul Martinez/Getty Images, Michael Prince for Forbes, Chesnot/Getty Images Tesl TSLA a CEO Elon Musk has moved his primary residence from California to Texas, according to reports on Tuesday, which means the three richest people in American—Musk,
Whether workers get a windfall from Uncle Sam or wind up owing taxes mostly comes down to filling out one form correctly – and few people are doing it. In fact, 45% of the people polled by the American Institute of CPAs said they don’t know when they last reviewed the amount of tax withheld
Delta Air Lines Airbus A330 aircraft as seen on final approach in Amsterdam Schiphol International Airport in the Netherlands. NurPhoto | NurPhoto | Getty Images Delta Air Lines is getting rid of $200 international ticket change fees, joining American Airlines in the measure that aims to spur travel demand that has been decimated in the
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