Wednesday, July 28

Pandemic

CDC, coronavirus, delta variant, Face mask, Health, Pandemic, Science, weekend BI US

COVID-19 cases in the US near 50,000 a day — the highest since May as CDC reportedly considers stricter mask rules

Over the past week, the US reported an average of nearly 50,000 new COVID-19 infections each day, according to CDC data. The highest number of new cases was reported Friday — with more than 81,000 new cases reported. That puts the US in a situation not seen since the spring as US officials reportedly reconsider mask guidance. LoadingSomething is loading. ...
Analysis, BI Graphics, coronavirus, delta variant, Economic Recovery, Economy, Markets, Pandemic, Unvaccinated, Vaccinations, Vaccine

The week the Delta variant threatened the economy

The highly contagious Delta variant of the coronavirus now makes up the majority of US Covid cases. Americans are getting worried, sending markets on a fleeting plunge this week. While economic data suggests a robust recovery, the Delta variant remains a threat. LoadingSomething is loading. Just when Americans are getting into the throes of a ...
BI Commentary, Consumer spending, covid, delta variant, Economy, Federal Reserve, GDP, Markets, Opinión, Pandemic

The US economy’s boom is far from over — even with the Delta surge

With the Delta variant surging, COVID worries on once again on the rise. But there's no reason to worry about the US economy, even with new restrictions being floated. A helpful Fed, the encouraging data around vaccines, and flush consumers should keep the economy chugging along. This is an opinion column. The thoughts expressed are those of the author. LoadingSomething is loading. ...
coronavirus, COVID-19 vaccine, Pandemic, Public Health, Science

A fully vaccinated mom caught COVID-19 after her kids went to summer camp:’Our kids are Trojan-horsing us’

A fully vaccinated mom tested positive for COVID-19 after a counselor at her daughter's summer camp went home sick with the coronavirus. The mother developed cold-like symptoms, but never had a fever or shortness of breath. "My symptoms seemed exactly like a cold," she said. "Our kids are Trojan-horsing us. They are the way in." LoadingSomething is loading. ...
Amazon, coronavirus testing, COVID-19, Healthcare, Pandemic, Retail, Tech Insider, Transportation, Warehouse workers, Working Conditions

Amazon to stop testing warehouse workers for COVID-19 amid rising case rates and low vaccination rates in some states

Amazon plans to stop onsite COVID-19 tests for its warehouse workers, The Information reported. The change comes despite rising case rates and low vaccine rates in many states. Amazon declined to share details about positive cases or vaccination rates among its workforce. See more stories on Insider's business page. Amazon told employees it plans to stop offering onsite COVID-19 tests for its warehouse workers on July 30, The Information reported Monday.In a note sent to employees via an internal app, Amazon said past safety measures had put the company on a "path to normal" and that "free COVID-19 testing is now widely available a...
caregivers, Childcare, Children, Contributor, contributor 2019, Daycare, Nordic, Opinión, Pandemic, Parenting, Strategy, The Conversation, Working parents

2 social scientists explain how childcare insecurity is hurting caregivers across the US

Childcare insecurity, or limited or uncertain access to adequate care, is a public health issue. The pandemic caused a spike in need that impacted the well-being and mental health of caregivers. Biden has proposed policies to address the issue, but economic constraints aren't the only cause. See more stories on Insider's business page. Childcare insecurity is a term we've come up with to describe limited or uncertain access to adequate childcare.It factors into many Americans' decisions whether to even have a child. Parents — mothers especially — often weigh the cost of childcare in their decision to return to work. And when a kid ...
Economy, Employers, Employment, Job Openings, Jobs, Layoffs, Pandemic, Retail, united states

The number of Americans laid off from their jobs hit a record low in May, as companies cling onto their workers during the crippling labor shortage

The number of people being laid off in the US hit a record low in May, jobs data revealed. It suggests companies are keeping hold of their staff amid the huge labor shortage. Many companies are struggling to find staff, and have been raising wages as a result. See more stories on Insider's business page. The number of layoffs in the US hit a record low in May, jobs data from the Bureau of Labor Statistics (BLS) showed.It's a sign that companies are clinging onto their workers during a severe labor shortage.The layoffs and discharge rate dropped to 0.9% in May, according to the BLS report released Wednesday, a record low dating back...
Alex Azar, CDC, China, coronavirus, COVID-19, Donald Trump, Health, Pandemic, Politics

Trump said’yeah, okay’ and hung up the phone when his health secretary warned him about the coronavirus in January, a new book says

Trump dismissed warnings about the coronavirus in January 2020, according to a new book. Then-HHS Secretary Alex Azar tried to tell Trump about the threat of COVID-19 in a phone call. "Yeah, okay," Trump responded, then hung up. LoadingSomething is loading. Form...
Archegos Capital, Berkshire Hathaway, Charlie Munger, Markets, MI Exclusive, Pandemic, Regulation, Remote Work, Robinhood, Stocks, Warren Buffett

Warren Buffett and Charlie Munger slam Robinhood, blast Archegos’ lenders, and reflect on their iconic friendship in a new interview. Here are the 15 best quotes

Warren Buffett and Charlie Munger. CNBC Warren Buffett and Charlie Munger blasted Robinhood and Archegos' lenders in a recent interview. The business partners also reflected on their six decades of friendship and biggest influences. Buffett and Munger discussed remote working and the pandemic's impact on Berkshire Hathaway as well. See more stories on Insider's business page. Warren Buffett and Charlie Munger blasted Robinhood, slammed the banks that enabled the Archegos Capital meltdown, and reflected on their friendship of six decades in a CNBC interview that aired on Tuesday night.The Berkshire Hathaway chairman and vice-chairman also shared their key lessons from the pandemic, discussed its impacts on their company, and clashed on the subject of Zoom meetings versus telephone...