Month: July 2021

In this Photo illustration a World Health Organization(WHO) logo seen displayed on an Android phone. Avishek Das | Getty Images World Health Organization officials said they are still trying to understand why the delta variant is more transmissible and potentially makes people sicker than the original coronavirus strain. “We’re really trying to get a better
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Stefani Reynolds/Bloomberg via Getty Images The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth about $10 billion, the agency sent since May. Funds delivered by direct deposit this week started hitting bank accounts on Wednesday, and
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Dr. Scott Gottlieb told CNBC on Friday he believes the coronavirus is significantly more widespread in the U.S. than official case counts reflect as the highly contagious delta variant sweeps the nation. “I wouldn’t be surprised if, on the whole, we’re infecting up to a million people a day right now, and we’re just picking up maybe a
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MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time
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People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of the
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In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York, U.S., November 6, 2019. Brendan McDermid I Reuters Restaurant Brands International on Friday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled in part by strong growth
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Cavan Images | Cavan | Getty Images Covid-19 prompted many women to leave the workforce. That’s because many women were forced to choose between working and taking care of their children and families amid a pandemic often opted for the latter. The difference in earnings and career prospects can be seen immediately. And it could
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U.S. President Joe Biden speaks during a visit to the Mack-Lehigh Valley Operations Manufacturing Facility in Macungie, Pensylvania, U.S., July 28, 2021. Evelyn Hockstein | Reuters President Joe Biden on Thursday will call on state and local officials to offer residents $100 cash payments as an incentive to receive a Covid-19 vaccine, his administration’s latest
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