White House Warns COVID-19 Cases Could Double Late This Year
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
White House Warns COVID-19 Cases Could Double Late This Year
White House Warns COVID-19 , Cases Could Double Late This Year.
The United States could soon
experience an influx of COVID-19
cases, White House officials warn.
According to 'The Washington Post,' officials expect 100 million new infections and a potential wave of coronavirus-related deaths.
The CDC says the United States has seen
almost 82 million positive infections since
the beginning of the pandemic.
Though experts say case counts could be much higher than the official record, .
A new wave of 100 million infections would more than double recorded totals.
The unknown is how many variants that are immune evading will come out
between now and December.
, Dr. Arijit Chakravarty, COVID researcher
CEO of Fractal Therapeutics, via 'Yahoo Finance'.
The unknown is how many variants that are immune evading will come out
between now and December.
, Dr. Arijit Chakravarty, COVID researcher
CEO of Fractal Therapeutics, via 'Yahoo Finance'.
For each new variant
that is sufficiently immune evading... , Dr. Arijit Chakravarty, COVID researcher
CEO of Fractal Therapeutics, via 'Yahoo Finance'.
...you can kind of expect
a wave, as long as it’s contagious enough.
, Dr. Arijit Chakravarty, COVID researcher
CEO of Fractal Therapeutics, via 'Yahoo Finance'.
Experts worry federal officials are not currently doing enough to prepare for
the next wave of coronavirus.
We're not
doing anything.
, Arijit Chakravarty, COVID researcher
CEO of Fractal Therapeutics, via 'Yahoo Finance'.
We're sort of drifting
in the ocean.
We're being
hit again and again by waves
of something we have
no control over.
, Arijit Chakravarty, COVID researcher
CEO of Fractal Therapeutics, via 'Yahoo Finance'
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Reddit Prices Shares , at $34 in IPO.
Reddit will go public on March 21 and has priced
its IPO at $34 a share, Yahoo Finance reports.
That is about a $6.4 billion valuation.
A social media company hasn't gone
public since Pinterest in 2019.
Reddit gained increased recognition
amid the meme stock craze of 2021.
Reddit had 500 million site visitors in 2023.
Its revenue increased 20%
from 2022 to $804 million.
According to an S-1 filing, Reddit said that its "content is particularly important" for the world of artificial intelligence.
We are exploring business
opportunities in licensing data
for purposes including machine
learning, business analysis, display
and training generative AI models, Reddit, via S-1 filing.
1.76 million shares have been set aside for eligible Reddit users and moderators. .
Headline venture partner Kamran Ansar
said the decision lends itself to volatility. .
You may see a big run up in
the stock price and a drop, Headline venture partner Kamran Ansar, via statement.
Because this has such a rabid
community around it, the Reddit
users, you could see Reddit itself
ironically become a meme stock
the way that you saw happen
with like AMC and GameStop, Headline venture partner Kamran Ansar, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
Experts Say Fed's , Rate Hikes Could Impact , Housing Market for Decades.
Yahoo Finance reports that the housing market
has been showing signs of bouncing back as
this year's spring home-buying season begins.
For the second week in a row, mortgage rates
fell, reaching the lowest level in over a month. .
According to Freddie Mac, the average rate
on a 30-year fixed mortgage dropped to
6.74% from 6.88% the week before.
At the same time, supply is also
starting to rebound, with new listings
hitting a 17-month high in February. .
Despite the improvement, experts warn
that the Fed's aggressive rate-hiking campaign could
have long-lasting side effects on the housing market.
Despite the improvement, experts warn
that the Fed's aggressive rate-hiking campaign could
have long-lasting side effects on the housing market.
According to economist Gary Shilling, the Fed's
campaign has created a "perfect storm,"
with higher rates causing would-be
home sellers to put their plans on hold. .
It won't continue
indefinitely, but it certainly
is disruptive right now, Gary Shilling, Economist, via Yahoo Finance.
Redfin CEO Glenn Kelman shared similar views on the future of the housing market, warning it could take decades to move beyond the impact of the Fed's efforts.
Redfin CEO Glenn Kelman shared similar views on the future of the housing market, warning it could take decades to move beyond the impact of the Fed's efforts.
There's going to be low
supply for a long time to
come. What the Fed did…
will have a 30-year tail on it, Glenn Kelman, Redfin CEO, via Yahoo Finance.
Yahoo Finance reports that mortgage rates may be
unlikely to fall much further in the near term, meaning
that a more substantial rebound may still be far off.
Credit: Wibbitz Top Stories Duration: 01:30Published
Consumer Prices , Rose 0.4% in February.
The Bureau of Labor Statistics released
its latest data on March 12.
In February 2024, prices rose 0.4%
compared to January and 3.2% year-over-year, according to the Consumer Price Index (CPI).
The figures, which are greater than expected, represent the biggest monthly increase since September, Yahoo Finance reports. .
The index for housing rent rose 0.5% in February.
Gas prices rose 3.8%.
While food prices held steady for the month, they increased 2.2% year-over-year.
The Federal Reserve will use the latest data to help determine its position on interest rates on March 20. .
Experts predict that rates will
remain unchanged for the time being.
The market is now eyeing June for the possibility of rate cuts, Yahoo Finance reports. .
Fed Chair Jerome Powell recently said
that while interest rates will likely
be cut "at some point this year,"
"a little bit more data" is needed.
Credit: Wibbitz Top Stories Duration: 01:31Published
Trader Joe’s Recalls Basil , After Reports of Salmonella Infections.
On April 17, the grocery chain
recalled Infinite Herbs organic basil.
The basil has been "linked to a dozen Salmonella infections in seven states," CNN reports. .
One person has been hospitalized.
The 2.5-ounce packages were sold in 29 states and Washington, D.C., from Feb. 1 through April 6. .
The CDC is advising consumers to dispose of any Infinite Herbs organic basil that was bought from Trader Joe's.
The agency also says to clean anything that the contaminated basil may have come in contact with. .
Investigators are trying to determine if any other products have been contaminated, CNN reports. .
Symptoms of Salmonella infection include diarrhea, fever and abdominal cramps, the CDC says. .
Symptoms can develop anywhere between
6 hours and 6 days after consuming the bacteria.
Most people don't need treatment
and recover within 4 to 7 days. .
If your symptoms are severe, or if you experience diarrhea and dehydration for more than three days, the CDC recommends contacting your health care provider
Credit: Wibbitz Top Stories Duration: 01:31Published
Today Is , World Autism
Awareness Day.
April 2, World Autism Awareness Day,
kicks off World Autism Month.
The special day and month,
marked by the color blue,
is meant to increase the
understanding of autism.
In 2023, the CDC reported that 1 in 36 U.S. children has an autism spectrum disorder.
A lot of research is being
conducted on the disorder.
and several groups have been formed
to raise more money for research.
Signs of autism can present
themselves in children as
young as 6 months old.
The symptoms become
more prevalent around
2 and 3 years old.
According to Autism Speaks,
symptoms include sensory sensitivities,
gastrointestinal disorders.
seizures and sleep issues, anxiety,
depression and attention issues
Credit: Wibbitz Top Stories Duration: 01:05Published
US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The positive change comes after two
years of decline following the pandemic.
The positive change comes after two
years of decline following the pandemic.
While life expectancy has yet to reach
pre-pandemic levels, 2022 showed
an increase of 1.1 years compared to 2021.
2022 ended up recording 3.27 million
deaths in the U.S., which was
184,374 fewer deaths than the year before.
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
ABC reports that both males and
females saw approximately the same
increase in life expectancy from 2021 to 2022.
Over the same period of time,
the death rate decreased
for nearly every age group. .
Another NCHS report found that rates of
drug overdose deaths from synthetic opioids
increased by 4.1% between 2021 and 2022.
Credit: Wibbitz Top Stories Duration: 01:30Published
A stomach virus, identified as the 'norovirus,' is rapidly spreading across the northeast region of the United States, as per data released by the Centers for Disease Control and Prevention (CDC).
#Norovirus #CDC #NorovirusOutbreak #CentersForDiseaseControl #NorovirusAwareness
~PR.151~ED.194~GR.121~HT.96~
Increase in US COVID Rates , Prompts Health Officials
to Urge Mask-Wearing, in Some Areas.
Federal health officials presented an assessment from the White House on May 18.
Speaking were Dr. Ashish..
Credit: Wibbitz Top Stories Duration: 01:30Published
Biden Admin Opens
Up Another Round , of Free At-Home COVID Tests , Delivered by USPS.
The White House announced the new round of available tests on May 17.
The Biden administration has made up to 16..
Credit: Wibbitz Top Stories Duration: 01:31Published
If Trump Wins 2024 Election, , Fauci Says He’s Leaving the White House.
Fox News reports that in
a recent interview with CNN, .
Fauci was asked if he would remain the White House's chief medical..
Credit: Wibbitz Top Stories Duration: 01:31Published
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