As the highly transmissible Delta variant spreads, Texas currently accounts for nearly 15% of the country’s COVID-19 hospitalizations. A surge in patients has pushed some hospital systems to their limits, with several quickly running out of ICU beds. “Hospitals across Texas are sounding the alarm in ways we have not seen in the other surges,” Dr. Sara Andrabi, assistant professor of emergency medicine at Baylor College of Medicine, told Yahoo Finance Live. “There are more than 10,000… Source link
Read More »Delta variant fears are beginning to slow spending in key areas
Increased public focus on the Delta variant has coincided with slowed spending in key sectors, according to a JPMorgan (JPM) Research report by senior economist Jesse Edgerton and economist Peter McCrory. “COVID case counts are still growing rapidly, even in highly-vaccinated states,” the report reads. “Google (GOOG, GOOGL) search data suggest that public focus on the Delta variant has intensified in recent weeks, and Chase card spending in some travel and entertainment categories has… Source link
Read More »LA mulls NYC-like passport to ‘incentivize’ vaccine uptake as Delta variant surges
A Los Angeles official is spearheading a COVID-19 vaccine passport initiative similar to one New York City announced this week, as the more contagious Delta variant adds to more hospitalizations and deaths, which is complicating reopening plans around the country. The Big Apple will soon require proof of vaccination in restaurants, bars, entertainment venues and gyms — becoming the first major U.S. city to do so — as the more contagious Delta variant continues to spread, primarily among… Source link
Read More »Could the Delta variant disrupt the Fed’s taper talks?
Top economic policymakers are facing a critical question: Will the Delta variant hold back the more than 6 million Americans still sidelined from work compared to pre-pandemic levels? Child care concerns and enhanced unemployment insurance benefits are often cited as top reasons for hesitancy in returning to work. But a third reason is fear of contracting the virus, a factor likely to be amplified by the spread of the more contagious Delta variant. At the Federal Reserve, the policymakers… Source link
Read More »Suze Orman says this is how to protect your finances from the delta variant
Suze Orman says this is how to protect your finances from the delta variant The raging delta variant of COVID-19 has caused infections and hospitalizations to surge, and has led the Centers for Disease Control to go back to recommending that all Americans wear masks indoors, even if they’ve been vaccinated. Lockdowns have returned in other countries, though not in the U.S. — at least not yet. But experts at Bank of America warn that the economy faces the risk of consumers hunkering down… Source link
Read More »Delta variant poses stark choice between behavior change or ‘more lockdowns’
The growing spread of the COVID-19 Delta variant is creating an increasingly stark choice that could make the difference between more reopenings — or a return to restrictions that decimated the world’s economy, a World Health Organization expert suggested on Friday. Amid the leak of internal documents from the U.S. Centers for Disease Control and Prevention (CDC), comparing the transmissibility of Delta variant to that of chickenpox, new discoveries are sparking furious debate about how… Source link
Read More »Google becomes latest tech firm to delay reopening as Delta variant spreads | Google
Google has backtracked on plans to welcome most workers back to its sprawling campus in September, becoming the latest Silicon Valley company to delay reopening amid a surge in Covid cases. The company announced Wednesday it is postponing a return to the office until mid-October and rolling out a policy that will eventually require everyone who returns in person to be vaccinated. The decision sees Google join Apple and Netflix in postponing calling employees back to the office due to concerns… Source link
Read More »Google and Apple warn delta variant could prove disruptive
While the pandemic had a slight impact on Apple’s sales last year and a slump in advertising affected Google’s revenue, the quarter was huge for both companies. Apple earned $81 billion in the quarter, more than any fiscal second quarter in the company’s history, thanks to soaring sales of iPhones and services, which includes Apple’s streaming service and cloud storage. Google earned $62 billion, a 62 percent increase from the same quarter last year. Source link
Read More »Delta variant ‘changed everything’ for America’s re-opening, doctor says
According to the CDC, “the United States is once again seeing a rise in COVID-19 cases, hospitalizations, and deaths.” CDC data shows that as of July 22, 35% of counties across the country are experiencing “high levels” of transmission. “COVID-19 cases are on the rise in nearly 90% of U.S. jurisdictions, and we are seeing outbreaks in parts of the country that have low vaccination coverage,” the CDC noted. National Institutes of Health head Dr. Anthony Fauci expressed frustration… Source link
Read More »Vaccination hesitancy amid Delta variant is putting two groups of people are particular risk, doctor says
Vaccine hesitancy in the U.S. has proven to be a stubborn issue that is holding back America’s ability to defend itself against the particularly infectious Delta variant in certain parts of the country. In addition to unvaccinated adults themselves, two demographics are particularly vulnerable as the number of confirmed COVID-19 cases rises. “Children under 12 don’t have a vaccine yet,” Dr. Heather Yeo, associate professor of surgery and health care policy and research at Weill Cornell… Source link
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