A man enters a building with rental apartments available in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis News | Getty Images Median rents in Manhattan hit a new record in January as a st...
Tag: U.S. Economy
Wholesale egg prices have ‘collapsed’ from record highs in December
Egg shelves in New York on Jan. 21, 2023 with a note apologizing to customers for the price increase. Fatih Aktas/Anadolu Agency via Getty Images Wholesale egg prices have cratered in recent weeks fro...
Hispanic dialysis patients face 40% higher risk of staph infection than whites, CDC says
A COVID-19 patient using a ventilator rests while his blood goes through a kidney dialysis machine (L) on the Intensive Care Unit (ICU) floor at the Veterans Affairs Medical Center on April 21, 2020 i...
How Zelle is different from Venmo, PayPal and CashApp
More than half of smartphone users in the U.S. are sending money via some sort of peer-to-peer payment service to send money to friends, family and businesses. Stocks of payment services like PayPal, ...
Mortgage rates drop to the 5% range for first time since September
Prospective buyers at an open house in Florida. Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty Images The average rate on the 30-year fixed rate mortgage has fallen to 5.99%,...
FDA clearance of Covid shots and treatments won’t slow with end of public health emergency
Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The ...
Pfizer (PFE) Q4 earnings 2022
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garri...
Obamacare special enrollment for people who lose Medicaid
An Obamacare sign is seen outside of the Leading Insurance Agency, which offers plans under the Affordable Care Act (also known as Obamacare) on January 28, 2021 in Miami, Florida. Joe Raedle | Getty ...
WHO says Covid remains a global emergency but pandemic could near its end in 2023
Director-General of the World Health Organisation (WHO) Dr. Tedros Adhanom Ghebreyesus attends an ACANU briefing on global health issues, including COVID-19 pandemic and war in Ukraine in Geneva, Swit...
Long Covid has ‘underappreciated’ role in labor gap: study
Simpleimages | Moment | Getty Images Long Covid is keeping people out of work and may reduce on-the-job productivity for others, contributing to a labor shortage and weighing on the U.S. economy at la...
U.S. unemployment system still plagued by delays 3 years post-pandemic
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. Patrick T. Fallon | Afp | Getty Images These days the U.S. unemployment system is somewhat of an an...
CDC urges immunocompromised to take precautions after Evusheld pulled
The Centers for Disease Control and Prevention on Friday urged people with weak immune systems to take extra precautions to avoid Covid after the dominant omicron subvariants knocked out a key antibod...
FDA proposal would allow gay men in monogamous relationships to donate blood
A nurse fills test tubes with blood to be tested during an American Red Cross bloodmobile in Fullerton, CA on Thursday, January 20, 2022. Paul Bersebach | Medianews Group | Getty Images The Food and D...
FDA pulls Evusheld because it’s not effective against subvariants
Evusheld (tixagevimab and cilgavimab) injection, a new COVID-19 treatment that people can take before becoming symptomatic. (Chris Sweda/Chicago Tribune/Tribune News Service via Getty Images) Chris Sw...
FDA advisors recommend using Covid omicron shots for all doses
The Food and Drug Administration’s independent advisory committee on Thursday recommended replacing Pfizer and Moderna’s original Covid vaccine used in the U.S. for everyone’s first ...
GenBioPro sues West Virginia, argues FDA preempts ban
Abortion pill manufacturer GenBioPro on Wednesday sued to overturn West Virginia’s ban on abortion because it restricts access to a medication approved by the Food and Drug Administration. The l...
Mortgage demand jumps as interest rates drop
A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage interest rates fell for the third straight week, while...
Inflation is cooling, but high prices will stick around
A shopper checks out the egg section at the Publix at Winter Park Village, Tuesday, Jan. 17, 2023. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Inflation may be cooling. But, f...
‘Big Short’ Burry Suggests the Stock-Market Jump Is a Mirage
Michael Burry is a historic figure in investing. Many retail investors check his every word and social-media post in hopes of finding clues to good investment strategy. His stock portfolio is scrutin...
FDA proposes new lead limits for baby food
Jgi/jamie Grill | Tetra Images | Getty Images The Food and Drug Administration proposed new limits Tuesday on lead in baby food, in an effort to reduce exposure to a toxin that can impair childhood de...
FDA says most people probably need only one annual vaccine shot
Justin Sullivan | Getty Images The Food and Drug Administration has laid out a road map for what Covid-19 vaccination may look like moving forward. In a briefing document published Monday, the FDA sai...
Existing home sales drop in December to slowest pace since 2010
Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Mo...
Holiday sales tanked, trucking data shows e-commerce wasn’t the issue
The market did not like what it saw from the final retail holiday sales numbers for 2022 which sets up a tough year for retailers, but e-commerce is continuing to boom, including in areas outside the ...
Amid inflation, more middle-class Americans struggle to make ends meet
As inflation spiked, Americans in the middle class were particularly hard hit. For them, prices increased faster than their income, according to a September report by the Congressional Budget Office. ...
Moderna says RSV vaccine is 84% effective at preventing disease in older adults
Moderna on Tuesday said its vaccine targeting respiratory syncytial virus is effective at preventing disease in older adults. The vaccine was 83.7% effective at preventing lower respiratory tract dise...
Food fraud secretly infiltrates America. Here’s how you can avoid it
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Ol...