Tag: U.S. economy

The housing market was already painful, ugly and anxious. Now the 8% mortgage rate is back

Today's housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it's scaring...

White House no longer sending top officials to Detroit for UAW strike talks this week

A United Auto Workers member on a picket line outside the Ford Motor Co. Michigan Assembly plant in Wayne, Michigan, on Sept. 15, 2023.Bloomberg...

Electric utilities face billions in wildfire liability with aging power lines risking another catastrophe

Electrical workers repair power lines leading into the fire ravaged town of Lahaina on the island of Maui in Hawaii, August 15, 2023.Mike Blake...

Senator opens investigation into PGA Tour merger with Saudi-backed LIV Golf

PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut.Fred Kfoury |...

Alzheimer’s treatment Leqembi could cost Medicare up to $5 billion per year, study estimates

The Alzheimer's drug Leqembi is seen in this undated handout image obtained by Reuters on Jan. 20, 2023.Eisai | ReutersThe new Alzheimer's antibody treatment...

The Fed is going to cause ‘unbelievable calamities’ if they keep hiking, according to Barry Sternlicht

The Federal Reserve's aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage...

Ukraine hospitals could run out of oxygen supplies in 24 hours as war disrupts health services, WHO says

Medical specialists transport a wounded woman to an ambulance after recent shelling in Kyiv, Ukraine February 26, 2022.Gleb Garanich | ReutersUkrainian hospitals could run...

Why the future of the Oscars and Emmys might be in jeopardy

From the glamor of celebrities strolling down the red carpet to the memorable speeches to the surprising wins, award shows have attracted massive attention...

‘Pathetic’ performance has left U.S. ‘well behind’ China in 5G race, ex-Google CEO Eric Schmidt says

Eric Schmidt, former chairman and CEO at Google.John Lamparski | Getty ImagesThe U.S. government's "dithering" has left the country "well behind" China in the...

FDA plan to fast-track Pfizer vaccine for kids under 5 fails to deliver, leaving parents waiting until April

Parents of children under 5 will have to wait until at least April to get their kids vaccinated against Covid-19, after the Food and...

J&J expects more than $3 billion in Covid vaccine sales this year in mixed quarterly report

The Janssen Johnson & Johnson COVID-19 vaccine.Allen J. Schaben | Los Angeles Times | Getty ImagesJohnson & Johnson on Tuesday projected that its Covid...

Watch live: Dr. Fauci, CDC Director Dr. Walensky and other health leaders testify before Senate on U.S. omicron response

The top health leaders in the U.S. will testify before the Senate on Tuesday about the federal response to the omicron Covid variant, as...

WHO says omicron has not spread widely among the vulnerable yet, still too early to determine severity

A Covid-19 rapid PCR test site sign at Cape Town International Airport in Cape Town, South Africa, on Friday, Dec. 3, 2021.Dwayne Senior |...

WHO says omicron Covid variant detected in 38 countries, early data suggests it’s more contagious than delta

Jakub Porzycki | NurPhoto | Getty ImagesThe World Health Organization on Friday said the omicron Covid-19 variant has been detected in 38 countries, up...

Moderna resubmits its application to the FDA to authorize Covid boosters for all adults

The Moderna COVID-19 vaccine.Paul Hennessy | LightRocket | Getty ImagesModerna refiled its application to the Food and Drug Administration on Wednesday to approve vaccine...

From around the web

Stay connected

Be a Patreon

Popular articles

Latest articles