Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies at the House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., July 31, 2020. Kevin Dietsch | Pool via Reuters White House coronavirus advisor Dr. Anthony Fauci said Wednesday that the number of daily coronavirus cases in the United
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The U.S. reported 43,253 new cases of the coronavirus on Tuesday, pushing the seven-day average of new cases passed 42,300, up 0.6% compared with a week ago, according to a CNBC analysis of data compiled by Johns Hopkins University. While the data is based on just over a week of data, epidemiologists warn it’s a
Hundreds of people queue outside an Australian government welfare centre, Centrelink, in Melbourne on March 23, 2020. William West | AFP via Getty Images Australia on Wednesday became the latest country to officially enter a recession as the coronavirus pandemic continues to devastate economies worldwide. Data released Wednesday by the Australian Bureau of Statistics showed
Rabbi Shmuel Herzfeld has his arm disinfected by Dr. Chao Wang during a clinical trial for a Coronavirus vaccine at Meridian Clinical Research in Rockville, Maryland on Monday, July 27, 2020. The Coronavirus vaccine was created by the biopharmaceutical company Moderna. Amanda Andrade-Rhoades | The Washington Post | Getty Images A top group advising U.S.
Jim Hackett, president and chief executive officer of Ford Motor Co., right, speaks as Jim Farley, president of global markets, stands next to a 2020 Ford Motor Co. Explorer sport utility vehicle (SUV) during a reveal event in Detroit, Michigan, U.S., on Wednesday, Jan. 9, 2019. Jeff Kowalsky | Bloomberg | Getty Images Ford Motor
Lisa Taylor receives a Covid-19 vaccination from RN Jose Muniz as she takes part in a vaccine study at Research Centers of America on August 07, 2020 in Hollywood, Florida. Joe Raedle | Getty Images Around 74% of adults globally are wiling to get immunized against the coronavirus if a vaccine became available — but that
Peter Navarro, director of the National Trade Council, speaks to members of the media outside the White House in Washington, D.C., on Friday, Aug. 28, 2020. Stefani Reynolds | Sipa | Bloomberg | Getty Images A House oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor Peter Navarro after the
Dr. Nita Patel, Director of Antibody discovery and Vaccine development, lifts a vial with a potential coronavirus, COVID-19, vaccine at Novavax labs in Gaithersburg, Maryland on March 20, 2020, one of the labs developing a vaccine for the coronavirus, COVID-19. Andrew Caballero-Reynolds | AFP | Getty Images American vaccine developer Novavax announced Monday that it’s
China on Monday announced that manufacturing activity expanded in the month of August as the country continued to recover from the coronavirus pandemic. The official manufacturing Purchasing Manager’s Index (PMI) for the month of August came in at 51.0 as compared to 51.1 in July, according to the National Bureau of Statistics. However, the pace of expansion missed
A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey. Chris Helgren | Reuters It’s time to say goodbye to the $200 ticket-change fee. United Airlines on Sunday said that it will permanently scrap fees to change domestic flights, a big bet that more flexible
The number of reported Covid-19 cases across the globe has surpassed 25 million, with the U.S., Brazil and India leading the grim count, according to data from Johns Hopkins University. The coronavirus has killed more than 843,000 people worldwide since it emerged from Wuhan, China, late last year, with the Americas reporting the bulk of
A recent high school graduate who organized a Black Lives Matter rally in Englewood Cliffs, New Jersey said she was billed $2,500 by town officials for police overtime, stirring up anger from civil liberty advocates and prompting the town’s mayor to rescind the bill. Emily Gil, the 18-year-old who organized the event in July, was directed by
The U.S. Open tennis tournament is kicking off on Monday, following a wave of protests across the sports world that brought competition in professional tennis, basketball, baseball, and soccer to a halt this week. After initially pulling out of her match in protest at the Western & Southern open, a precursor to the U.S. Open,
An empty court and bench is shown following the scheduled start time in Game Five of the Eastern Conference First Round between the Milwaukee Bucks and the Orlando Magic during the 2020 NBA Playoffs at AdventHealth Arena at ESPN Wide World Of Sports Complex on August 26, 2020 in Lake Buena Vista, Florida. Kevin C.
Yoenis Cespedes of the New York Mets stands in the on deck circle in front of cardboard fans during a preseason game at Citi Field on July 18, 2020. Al Bello | Getty Images Sport | Getty Images Steven Cohen, the billionaire hedge fund manager, has entered exclusive negotiations to buy the New York Mets,
CDC Director Dr. Robert Redfield testifies during a Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington, D.C. Kevin Dietsch | Reuters Whichever coronavirus vaccine candidates win regulatory approval in the U.S. will likely be in short supply once they are cleared for public distribution, Director of the Centers for
An apparent shift in thinking at the Food and Drug Administration could clear the way for more home coronavirus tests, according to Dr. Scott Gottlieb, the former FDA chief under President Donald Trump. Gottlieb told CNBC on Friday that a barrier to bringing rapid, home tests for Covid-19 to the market has been an FDA requirement that
The Henry Ford II World Center, headquarters of the Ford Motor Company in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT — Ford Motor remains under federal investigation as part of a multi-year corruption probe into the United Auto Workers union, according to the lead prosecutor on the investigation. U.S. Attorney Matthew Schneider told CNBC that
Men wearing face masks walk past a Gap store at a shopping area, as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. Jason Lee | Reuters The apparel maker Gap Inc. pivoted its supply chain early on in the coronavirus pandemic to make face masks. And
The governors of California and New York have now both said they will not follow controversial new guidance from the Centers for Disease Control and Prevention. The guidance says people without symptoms who have been exposed to infected people might not need to be tested for Covid-19, a reversal from the agency’s previous guidance. The