Stocks close at new highs after signing of COVID-19 rescue package
U.S. investors cheered the U.S. aid package, restoring some of the optimism that drove global stocks to a record this month even as the pandemic escalated.
U.S. investors cheered the U.S. aid package, restoring some of the optimism that drove global stocks to a record this month even as the pandemic escalated.
More than 118,000 people—roughly equivalent to the population of Lansing, Michigan—have been in hospitals with COVID on average over the past seven days. That’s a record, according to data from the COVID Tracking Project.
American and United Airlines, which together furloughed 32,000 employees in October, said Monday they will bring those workers back temporarily.
Democrats who control the House favor the larger stipends, beyond the $600 payments included in the massive COVID bill. But the president’s push for more spending is forcing his Republicans allies who oppose the higher payments into a tough spot.
The Transportation Security Administration said it screened 1.28 million people Sunday at airport security checkpoints across the country.
Statewide hospitalizations due to COVID-19 increased for the second straight day, from 2,811 on Saturday to 2,866 on Sunday.
The candidate made by Novavax Inc. is the fifth to reach final-stage testing in the U.S. Some 30,000 volunteers are needed to prove if the vaccine–a different kind than its Pfizer and Moderna competitors–really works and is safe.
The massive, year-end catchall bill that President Donald Trump signed into law Sunday combines $900 billion in COVID-19 aid with a $1.4 trillion omnibus spending bill and reams of other unfinished legislation on taxes, energy, education and health care.
Employees now working remotely find themselves imagining the new shape of their work lives in a post-pandemic America. Some glimpse a proverbial light at the end of the tunnel; others see an oncoming train.
The increase fell short of predictions from the National Retail Federation, the nation’s largest retail trade group, which had expected sales to rise between 3.6% and 5.2% this year compared with 2019.
British authorities have blamed the new virus variant for soaring infection rates across the country. They said the variant is much more transmittable, but stress there is no evidence it makes people more ill.
The Indiana State Department of Health on Sunday said 4,792 new individuals had been tested, ending a streak of 61 straight days in which testing in that category had exceeded 10,000.
Statewide hospitalizations due to COVID-19 dropped to 2,808 on Christmas Day, down from 2,918 on Christmas Eve.
Indiana University Health promised a “full external review” into the treatment of Dr. Susan Moore, 52, who tested positive for COVID-19 late last month and died Dec. 20.
Statewide hospitalizations due to COVID-19 dropped to 2,918 on Thursday, the lowest number since Nov. 15.
After descending from a record-high mark of 3,460 set on Nov. 30, the number of patients hospitalized with COVID-19 has been rising since Saturday. State health officials also reported 62 more deaths on Wednesday, bringing the total to 7,306.
The U.S. Equal Employment Opportunity Commission has allowed companies to mandate the flu and other vaccines, and has also indicated they can require COVID-19 vaccines.
Pfizer’s vaccine was the first to gain approval from the Food and Drug Administration and initial shipments went to states last week.
Indiana received 55,000 doses of the Pfizer vaccine on Friday, and another 39,000 doses on Monday, which is a fraction of the state’s needs, officials say.
Meanwhile, statewide hospitalizations due to COVID-19 inched up to 3,064 on Monday from 2,967 on Sunday. The high mark was 3,460 set on Nov. 30.