Bearing down on a midnight shutdown deadline, top negotiators on a must-pass, almost $1 trillion COVID-19 economic relief package are committed to sealing an agreement Friday as they resolve remaining differences.
Once FDA’s emergency use authorization is granted, Moderna will begin shipping millions of doses, earmarked for health workers and nursing home residents, to boost the largest vaccination effort in U.S. history.
U.S. stocks notched solid gains Thursday to close at all-time highs, even as lawmakers continue to wrangle over a federal spending deal.
The pending bill is the first significant legislative response to the pandemic since the landmark CARES Act passed virtually unanimously in March, delivering $1.8 trillion in aid.
The state reported 79 more deaths due to COVID-19, the eighth time deaths have exceeded 70 in the past 10 reports.
Nationally, the total number of people who are receiving traditional state unemployment benefits fell to 5.5 million from 5.8 million. That figure is down sharply from its peak of nearly 23 million in May.
The Food and Drug Administration said Wednesday that pharmacists can draw additional doses from vials of the Pfizer coronavirus vaccine, potentially expanding the country’s supply by millions of doses.
Allergies are always a question with a new medical product, but monitoring COVID-19 vaccines for any other, unexpected side effects is a bigger challenge than usual.
In a mixed and muted day of trading, the S&P 500 rose 6.55 points, or 0.2%, to 3,701.17. It’s within roughly 1 point of its record set last week.
The package emerging is expected to include hundreds of billions of dollars in aid for ailing small businesses and jobless Americans and a one-time check of between $600 and $700 for millions of Americans below a certain income threshold.
U.S. officials say they’re actively negotiating for additional purchases of Pfizer’s coronavirus vaccine after passing up a chance to lock in a contract this summer since it was still unclear how well the shots would work.
The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress—a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
Top congressional leaders are hoping to seal a deal as early as Wednesday that would extend aid to individuals and businesses and help ship coronavirus vaccines to millions.
Marion County saw another 964 more COVID-19 cases and 18 more deaths, bring cumulative totals to 60,483 cases and 1,006 deaths.
Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy.
Vice President Mike Pence stressed the need for Americans to stay focused on limiting the spread of the virus before a vaccine is in widespread use.
The vaccine appears poised for regulatory clearance after a detailed data review by Food and Drug Administration scientists confirmed the two-shot regimen was “highly effective” in a clinical trial and carried no serious safety concerns.
Wall Street is growing increasingly confident that Democratic and Republican lawmakers will clinch a bill based on a $748 billion bipartisan proposal that would inject cash directly into the economy as prior benefits begin to expire at the end of the year.
Rank-and-file Democrats appear increasingly resigned to having to drop, for now, the party’s demand for fiscal relief for states and local governments whose budgets have been thrown out of balance by the pandemic.
As a homebound nation increasingly shops online for holiday gifts, private express carriers FedEx and UPS have cut off delivery service for some retailers, sending massive volumes of packages to the Postal Service and creating major delays.
