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WHO says Covid pandemic is growing ‘exponentially’ at more than 4.4 million new cases a week

WHO says Covid pandemic is growing 'exponentially' at more than 4.4 million new cases a week
Bochnia Hospital paramedics wear protective equipment as they transport a patient suffering of COVID-19 to a local hospital on March 17, 2021 in Bochnia, Poland. Omar Marques | Anadolu Agency | Getty Images The World Health Organization said Monday the trajectory of the coronavirus pandemic is...

4 charts show how the U.S. is on track for a faster economic recovery than Europe

4 charts show how the U.S. is on track for a faster economic recovery than Europe
LONDON — The United States is recovering faster from the economic shock caused by the coronavirus pandemic than countries in the European Union. The sheer amount of fiscal stimulus in the United States has been a critical driver in ensuring that the largest economy in...

White House set to host Google, Intel CEOs to discuss computer chip supply chain

White House set to host Google, Intel CEOs to discuss computer chip supply chain
President Joe Biden holds a chip as he speaks prior to news24nationing an executive order aimed at addressing a global semiconductor shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. Jonathan Ernst | Reuters Chief executives from companies including...

Health advisor to cruise lines describes how a Covid ‘safe bubble’ can be created on ships

Dr. Scott Gottlieb, who advised cruise lines on Covid protocols, told CNBC on Friday he believes a safe environment can be created on the ships. Gottlieb's comments came one day after Republican Florida Gov. Ron DeSantis said the state sued the Centers for Disease Control and Prevention,...

Biden’s China policy is tougher on financial firms than Trump’s was, report says

Biden's China policy is tougher on financial firms than Trump's was, report says
The "Fearless Girl" sculpture is seen outside the New York Stock Exchange (NYSE) during a snow storm in New York, February 1, 2021. Brendan McDermid | Reuters BEIJING — As U.S.-China tensions continue to simmer under a new administration, risks for American investors with exposure to...

U.S. confident vast majority of developed nations will agree to global minimum tax, Treasury deputy says

U.S. confident vast majority of developed nations will agree to global minimum tax, Treasury deputy says
Adewale Adeyemo, Treasury Secretary Janet Yellen's deputy, on Wednesday said increasing the U.S. corporate tax rate to 28% will not make American companies less competitive, because the Biden administration is confident it can win the support of developed nations to set a minimum tax...

Biden tax plan may lead to more Roth retirement accounts

Biden tax plan may lead to more Roth retirement accounts
Win McNamee | Getty Images News | Getty ImagesBiden tax plan Generally, Roth accounts make sense if taxpayers think their income-tax rate will be higher when they withdraw money in retirement. In that case, it would yield a financial benefit to pay the tax now at...

CDC says variant from the UK is now the most common strain circulating in the U.S.

A traveler takes a photo of a Covid-19 testing news24nation at the Tom Bradley International Terminal (TBIT) amidst travel restrictions during the Covid-19 pandemic at Los Angeles International Airport (LAX) on February 4, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty...

The Fed could come under fire for easy policy while the economy soars and inflation rises

The Fed could be a source of market volatility as Powell and others speak in the week ahead
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters As the economy booms over the next couple of months, the...