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President Donald Trump on Monday said the government’s top pandemic fighter Dr. Anthony Fauci is a “disaster” — and possibly an idiot — as he claimed that Americans are “tired of” Covid-19, even as the number of coronavirus cases continued spiking in much of the United States. “People are tired of Covid,” Trump said in
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High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to tax experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax
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U.S. House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill in Washington, D.C., the United States, on Oct. 9, 2020. Ting Shen | Xinhua News Agency | Getty Images House Speaker Nancy Pelosi has called on the Trump administration to reconcile remaining disputes on coronavirus stimulus legislation within 48 hours as lawmakers attempt
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A patient arrives at the Emergency entrance to Maimonides Medical Center, as the spread of the coronavirus disease (COVID-19) continues, in the Borough Park neighborhood of Brooklyn, New York, U.S., October 14, 2020. Brendan McDermid | Reuters Colder temperatures are arriving in the Northern Hemisphere, and an insidious rise in new coronavirus cases in the
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A member of the medical staff treats a patient suffering from the coronavirus disease (COVID-19) at the Intensive Care Unit (ICU) of the Slany Hospital in Slany, Czech Republic, October 13, 2020. David W. Cerny | Reuters The World Health Organization said Friday that Europe‘s coronavirus outbreak is “concerning” as the number of available intensive
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Pandemic winners such as Zoom Video and Peloton will continue to be standouts until there is safe and effective coronavirus vaccine, CNBC’s Jim Cramer contended Thursday. The “Mad Money” host said that even though the pandemic is now in its seventh month, the stocks continue to have reasons to move to the upside. Other beneficiaries
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A United Airlines airplane takes off at San Francisco International Airport. Gary Hershorn | Corbis News | Getty Images United Airlines on Wednesday posted a wider-than-expected third quarter loss as the coronavirus pandemic continued to hammer air travel demand, but the carrier trimmed its cash burn. Here’s how United performed compared with what Wall Street
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Bill Gates worries about the implications of the baseless anti-vaxxer conspiracy theories targeting him and Dr. Anthony Fauci that have emerged during the coronavirus pandemic, telling CNBC they can erode confidence in public health strategies. In an interview that aired Wednesday on “Squawk Box,” Gates said the false claims about him and Fauci, the nation’s
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Can preflight testing get people flying again? The International Air Transport Association (IATA) thinks so. Last month, the trade association, which represents some 290 airlines around the world, called for the “development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic” Covid-19 testing for all passengers as a way to restore passenger confidence, bypass
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Source: Cue Health The U.S. is investing $481 million in California-based start-up Cue Health to boost manufacturing of its coronavirus test that produces results in about 20 minutes and without needing to be processed at a lab, U.S. agencies announced Tuesday. Cue, which is backed by Johnson and Johnson among other investors, will increase production
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Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images You’ve probably heard a lot about the best deals on Amazon Prime Day, which started at midnight PT (3 a.m. ET) on Tuesday and runs through Wednesday. But there are also certain items you likely want to hold off on purchasing during the sale period,
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Southeast Asia, home to some of the most tourism-reliant countries in the world, is reeling from the coronavirus-induced global lockdowns — and many of the region’s travel industries are struggling to survive. Even though other regions like Europe have seen travel-related activities lifted, Southeast Asia’s borders have remained largely closed. The World Tourism Organization, a
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A Wal-Mart Pickup-Grocery employee helps a customer at a test store in Bentonville, Arkansas. Rick Wilking | Reuters As big-box retailers throw their own sales events during Amazon Prime Day, expect to see them tout an asset that the e-commerce giant doesn’t have: numerous stores across the country where customers can quickly retrieve their online purchases.
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US Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8, 2020. Andrew Caballero-Reynolds | AFP | Getty Images House Speaker Nancy Pelosi on Saturday dismissed the Trump administration’s latest coronavirus stimulus offer, continuing complicated negotiations between Democrats and Republicans that have stretched out
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