Tag Archives: severe

As the U.S. nears a potential recession, dairy producers are finding themselves impacted by both inflation and severe weather. “There’s certainly been a lot of talk about the inflation at the shelf and food prices,” Tillamook County Creamery Association CEO Patrick Criteser told Yahoo Finance Live (video above). “And there should be because that’s an 8-12% — even higher in some categories — increase in costs year-over-year that’s impacting families.” Although inflation in the… Source link

Dust off your recession preparation handbook you used back in 2008-2009 as the setup exists for a severe recession not too far off in the future, warns one business cycle expert. “The job market is pretty tight, so therefore this could mean a mild recession. I don’t think that’s knowable just yet. One of the things that we are seeing from our research — because we do look at 22 economies around the world — is that there is a setup for a more severe recession. A more international… Source link

After a prolonged back and forth, Congress passed a $1.5 trillion government spending bill last week but dropped from the final package $22.5 billion in pandemic relief that Democrats wanted to include. On Tuesday, the same day as President Joe Biden signed the 2,741-page bill into law, his aides warned that the omission could “have severe consequences as we will not be equipped to deal with a future surge.” The U.S. could soon run out of funding for COVID responses such as booster shots,… Source link

Matti/Pexels Sanctions On Russia Go To Eleven  In our previous post (Russia’s Invasion of Ukraine: Risks and Opportunities), we wrote that one reason U.S. markets bounced after Russia’s invasion of Ukraine was that Russia’s invasion didn’t lead to war with NATO, and the West hasn’t so far resorted to nuclear-level sanctions against Russia, such as removing it from SWIFT or boycotting its energy exports. But we cautioned that a couple of big outstanding risks remained. First,… Source link

The Omicron variant has pushed the U.S. to exceed 65 million total cases of coronavirus. Though symptoms of the strain have been described as “mild” in comparison to previous variants, that mainly applies to those who are fully vaccinated and boosted. For those who are still unvaccinated or immunocompromised, it’s a different story at a population level. “We have to remember: We’re a country that has over 35% of individuals who are not vaccinated,” Dr. Stella Safo, an NYC-based HIV… Source link

Phillip Adams, a former NFL cornerback who was accused of shooting six people to death before killing himself in April, had “unusually severe” chronic traumatic encephalopathy (CTE), a degenerative brain disease associated with head trauma and concussions.  The results of Adams’ brain examination were announced Tuesday by Dr. Anne McKee, a neuropathologist who serves as director of Boston University’s CTE Center. She compared Adams’ brain to the brain of Aaron Hernandez, the former New… Source link

By Deena Beasley    Nov 5 (Reuters) – A trial of Pfizer Inc’s experimental antiviral pill for COVID-19 was stopped early after the drug was shown to cut by 89% the chances of hospitalization or death for adults at risk of developing severe disease, the company said on Friday.    The results appear to surpass those seen with Merck & Co Inc’s pill molnupiravir, which was shown last month to halve the likelihood of dying or being hospitalized for COVID-19 patients also at high risk of serious… Source link

(Bloomberg) — Pfizer Inc.’s vaccine was less effective at keeping people from getting the coronavirus in Israel in recent weeks, but it continues to provide a strong shield against severe Covid-19, according to government data. The vaccine protected 64% of people against the illness between June 6 and early July, down from a previous 94%. The drop was observed as the delta variant was spreading in Israel, the Health Ministry said. It also coincided with the lifting of virus restrictions at… Source link

From left: Study volunteer and virologist Joseph Hyser, Chanei Henry, senior research coordinator of molecular virology and microbiology, and Dr. Robert Atmar, the principal investigator on the study. Baylor College of Medicine Scientists in the US are starting a booster shot trial, giving fully vaccinated people another jab. Participants are given a booster shot of the Moderna vaccine – whether they previously got 2 shots of an mRNA vaccine (from Pfizer or Moderna) or 1 adenovirus (J&J)… Source link

Watch: Bitcoin falls again as China reiterates crackdown Bitcoin (BTC-USD), ethereum (ETH-USD) and other cryptocurrencies crashed on Friday after China announced a harsh clamp down on the market.  The top crypto, bitcoin, plummeted over 11% to $37,429 (£26,428), while etherreum — the world’s second largest crypto — plunged 13% to $2,552.  Dogecoin (DOGE-USD) fell as much as 15% to $0.34 during the session. Chart: Yahoo Finance The crash was triggered by Chinese vice-premier Liu Hu saying… Source link