Page 43 - Fred Imbert News Today

The Finance 202: Biden fills out economic team as Trumps coalition continues to implode Tory Newmyer President-elect Joe Biden’s government is coming together as President Trump’s falls apart. The incoming president will nominate Rhode Island Gov. Gina Raimondo for commerce secretary and Boston Mayor Marty Walsh (D) for labor secretary. He is also set to tap Isabel Guzman, director of California’s Office of the Small Business Advocate, to lead the Small Business Administ...

The U.S. is recording at least 222,600 new Covid-19 cases and at least 2,680 virus-related deaths each day, based on a seven-day average of JHU data.

The new "USA variant," in addition to the variant found in the U.K., is already spreading in communities and appears to be more transmissible, according to the report that was issued to states on Jan. 3. The task force provided few details on the new strain, including how long it has been circulating. "Aggressive mitigation must be used to match a more aggressive virus; without uniform implementation of effective face masking (two or three ply and well-fitting) and strict social distancing, epi...

Daily new Covid cases in the U.S., as a seven-day average, are back at record levels as of Wednesday after a holiday season marked by higher travel demand, lower hospital capacity and interruptions in the data reporting. The country recorded 253,145 new infections on Wednesday for a seven-day average of 222,653 daily new cases. Health experts continue to warn about heightened transmission of the virus, particularly in light of two new strains out of the U.K. and South Africa that have proven to...

U.S. health experts continue to raise alarm over the countrys slow vaccine rollout. As of Tuesday morning, just 4.8 million vaccine doses had been administered across the country, out of a total 17 million doses distributed to administration sites, according to the CDC. CVS Health said Wednesday its on pace to complete the first round of vaccinations at long-term care facilities by Jan. 25. The company also said a small number of vaccine doses could be made available at pharmacy locations in th...

John Bellamy Foster is the editor of Monthly Review and a professor of sociology at the University of Oregon. R. Jamil Jonna is associate editor for communications and production at Monthly Review. Brett Clark is associate editor of Monthly Review and a professor of sociology at the University of Utah. The authors thank John Mage, Craig Medlen, and Fred Magdoff for their assistance. The U.S. economy and society at the start of 2021 is more polarized than it has been at any point since the Ci...

The coronavirus vaccine developed by AstraZeneca and the University of Oxford was approved for emergency use in the U.K. and is expected to be rolled out next week. The authorization is welcome news for Britain as cases have surged in London and southern England, pressuring hospitals capacity. People wanting to leave the U.K. have faced travel restrictions because a new coronavirus variant found in the U.K. is reportedly more transmissible. The U.S. confirmed on Tuesday the first case of the ne...

Police arrest pharmacist accused of destroying about 570 Covid vaccine doses A Wisconsin pharmacist was arrested Thursday afternoon, accused of intentionally spoiling approximately 570 doses of Covid vaccine, local police said in a press release Thursday. Police were called to investigate the incident at Advocate Aurora Health Hospital in Grafton on Wednesday after a former employee allegedly admitted to deliberately leaving 57 vials of Moderna coronavirus vaccine unrefrigerated, knowing that d...

Paper checks for those who need them will start being sent out Wednesday, Mnuchin said. These payments — up to $600 for individuals, $1200 for married couples and up to $600 for each child — are the second wave of funds paid directly to Americans to help with the economic hit from the pandemic, CNBCs Amanda Macias reports. The House passed a bill to increase the direct payments to $2,000 for each individual, but the Senate has yet to take a vote on it. Senate Majority Leader Mitch McConnell...

Up a staggering 134.63% in 2020, the the ALPS Clean Energy ETF (ACES) is easily one of this year’s best-performing non-leveraged exchange traded funds. For investors that missed this year’s move by ACES, many market observers believe there’s more coming in 2021. ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on renewables and other c...