Thursday, December 19

Tag: COVID-19

New Harvard study finds COVID cut life expectancy but women continue to live longer
21Nov By adminNo Comments
Health

New Harvard study finds COVID cut life expectancy but women continue to live longer

Study: COVID cut life expectancy but women continue to live longer than men Study: COVID cut life expectancy but women continue to live longer than men 01:07 BOSTON - When it comes to life expectancy, the gender gap is widening even further.A new study from Harvard T.H. Chan School of Public Health and the University of California, San Francisco finds that the average American was projected to live about three fewer years in 2021 than in 201...
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Maria Bartiromo Floats Wackadoodle COVID Theory That Has So Many Holes
21Nov By adminNo Comments
Politics

Maria Bartiromo Floats Wackadoodle COVID Theory That Has So Many Holes

Fox Business host Maria Bartiromo on Monday advanced a logic-defying theory that China purposely unleashed COVID-19 on the United States to oust Donald Trump from the presidency and get Joe Biden into the White House. (Watch the video below.)Bartiromo and Rep. Brad Wenstrup (R-Ohio) were discussing the claim that the virus leaked from a Wuhan lab and China tried to suppress the information. But Bartiromo took it a step further.“I mean, is there a chance that China released this virus on America intentionally?” she asked. “Disrupt the country, get Donald Trump out, get your man in there, Joe Biden, and then cover it up?”Wenstrup, who chairs a pandemic committee, didn’t fully bite.“Well, they certainly didn’t try to protect America, did they?” he replied. “I mean, so whether it was intentio...
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More free COVID-19 tests can be ordered now, as uptick looms
20Nov By adminNo Comments
Health

More free COVID-19 tests can be ordered now, as uptick looms

Americans can now order another round of four free COVID-19 tests for this season, the U.S. Postal Service announced Monday, as health officials have been preparing for an expected resurgence in the virus over the coming weeks.The four additional tests will ship for free starting the week of Nov. 27, the USPS says.How to order more free COVID testsThe tests can be ordered online at covid.gov/tests or through the postal service's webpage — the same as the previous round of free tests offered in September. Households that did not order their first batch of four free tests after ordering reopened earlier this fall will be able to place two orders from the USPS, for a total of eight free rapid antigen COVID-19 tests.The Department of Health and Human Servic...
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Businessman allegedly stole nearly $8 million in COVID relief aid to buy a private island in Florida, oil fields in Texas
11Nov By adminNo Comments
Money

Businessman allegedly stole nearly $8 million in COVID relief aid to buy a private island in Florida, oil fields in Texas

A freshwater spring bubbles amid the mangroves, cabbage palms and red cedars on Sweetheart Island, a two-acre uninhabited patch of paradise about a mile off the coast of this little Gulf Coast town.Pelicans divebomb nearby into the cool waters of Florida's Withlacoochee Bay and the open view westward holds the promise of dazzling sunsets.It may have seemed like an ideal getaway for Florida businessman Patrick Parker Walsh. Instead, he's serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island. Patrick Parker Walsh, left, heads to his car with his wife in Gainesville, Fla. on Tuesday, Jan. 31, 2023, after he was sentenced to five and a half years in federal prison for stea...
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How it impacts your money
1Nov By adminNo Comments
Money

How it impacts your money

The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday.Even so, consumers likely will get no relief from current sky-high borrowing costs.Altogether, Fed officials have raised rates 11 times in a year and a half, pushing the key interest rate to a target range of 5.25% to 5.5%, the highest level in more than 22 years. "Relief for households isn't likely to come soon, at least not directly in the form of a cut in the fed funds rate," said Brett House, economics professor at Columbia Business School.The consensus among economists and central bankers is that interest rates will stay higher for longer, or until inflation moves closer to the central bank's 2% target rate.What the federal funds rate means for youThe federal funds rate, which i...
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Court rules Carnival Cruises was negligent during COVID-19 outbreak linked to hundreds of cases
28Oct By adminNo Comments
Money

Court rules Carnival Cruises was negligent during COVID-19 outbreak linked to hundreds of cases

An Australian court has ruled Carnival Cruises was negligent during an outbreak of COVID-19 onboard one of its ships in March 2020. A class-action lawsuit alleged the cruise line failed to take appropriate measures to ensure passengers on its Ruby Princess ship didn't get sick as the coronavirus was spreading around the world.More than 2,650 passengers were onboard the ship when it departed Sydney on March 8, 2020, and returned to Sydney on March 19.Susan Karpik, a former nurse whose husband was hospitalized with COVID-19 after the cruise, was the lead applicant in the class-action suit, according to Shine Law, the firm that represented about 1,000 plaintiffs. Karpik sued for over 360,000 Australian dollars, claiming she suffered psychological distress ...
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Jerome Powell Is Still Puzzling Over the Strength of the U.S. Economy
20Oct By adminNo Comments
Entertainment

Jerome Powell Is Still Puzzling Over the Strength of the U.S. Economy

We are now more than three and a half years out from the start of the COVID-19 pandemic, which upended the global economy, and economists and policymakers are still surprised by the strength of the economic rebound in the United States. Most recently, both hiring and retail spending have picked up. A couple of weeks ago, the Labor Department announced that employers created three hundred and thirty-six thousand jobs last month. Earlier this week, the Census Bureau said retail sales rose by 0.7 per cent in September, on a seasonally adjusted basis, more than twice as fast as economists were expecting.More hiring and consumer spending translate into more output. According to the Atlanta Federal Reserve’s GDPNow estimate, G.D.P. expanded at an annual rate of 5.6 per cent in the third quarter...
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JPMorgan Chase profits jump, warns inflation could persist
13Oct By adminNo Comments
Business

JPMorgan Chase profits jump, warns inflation could persist

NEW YORK: JPMorgan Chase reported another highly profitable quarter Friday, but warned inflation could persist and said recent Middle East turmoil means this "may be the most dangerous time the world has seen in decades."The lender, the biggest US bank in terms of assets, reported third-quarter profits of $13.2 billion, up 35 percent from the year-ago period behind the lift from higher interest rates on earnings.Revenues rose 22 percent to $39.9 billion. Besides the boost from interest rates -- reflecting the gap between the lending rate it charges clients compared with interest payments to customers -- JPMorgan also cited good credit quality as a driver.Throughout the Covid-19 period and in the immediate aftermath, consumers have largely successfully managed credit card payments, althoug...
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Nobel Prize in medicine goes to Drew Weissman of U.S., Hungarian Katalin Karikó for enabling COVID-19 vaccines
10Oct By adminNo Comments
Health

Nobel Prize in medicine goes to Drew Weissman of U.S., Hungarian Katalin Karikó for enabling COVID-19 vaccines

Stockholm — The Nobel Prize in medicine has been awarded to Hungarian Katalin Karikó and Drew Weissman of the U.S. for discoveries that enabled the development of effective mRNA vaccines against COVID-19. Thomas Perlmann, secretary of the Nobel Assembly, announced the award Monday in Stockholm."Through their groundbreaking findings, which have fundamentally changed our understanding of how mRNA interacts with our immune system, the laureates contributed to the unprecedented rate of vaccine development during one of the greatest threats to human health in modern times," the panel that awarded the prize said.Perlmann said both scientists were "overwhelmed" by news of the prize when he contacted them shortly before the announcement. In this April 13, 2022 file photo, Japan ...
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