US Economy

World Health Organization officials said they are still trying to understand why the delta variant is more transmissible and potentially makes people sicker than the original coronavirus strain. “We’re really trying to get a better handle on why the delta variant is more transmissible,” said Dr. Maria Van Kerkhove, WHO’S technical lead on Covid-19, said at a press briefing...

The CDC data published Friday was based on 469 cases of Covid associated with multiple summer events and large public gatherings in July in Massachusetts.

In a few days, renters across the U.S. will no longer be shielded from eviction. But some states will continue to bar the proceedings.

U.S. Treasury yields fell Friday after a key inflation reading came slightly below expectations, indicating inflationary pressures may be ebbing slightly.

After rising in May, signed contracts on existing homes fell in June due to sky-high prices.

“The war has changed,” CDC officials wrote in a confidential document given to lawmakers this week.

About 38% of people who got their first installment of benefits in June had waited more than three weeks, the official barometer for a “timely” payment.

Renters will no longer be protected from eviction come August. But there’s still time to apply for federal rental assistance.

An inflation indicator that the Fed uses as its key guide rose 3.5% in June, a sharp acceleration that was nonetheless right around expectations.

Dr. Robby Sikka discusses breakthrough Covid cases as the highly transmissible delta variant spreads nationwide.

The latest vaccine push comes as coronavirus cases in the U.S. begin to spike once again, with the highly contagious delta variant fueling infection rates.

A new executive order from Texas Gov. Greg Abbott reiterates his opposition to mask mandates, Covid-related business restrictions and vaccination requirements.

Two of the states hit hardest last week, Mississippi and Louisiana and, have some of the nation’s worst vaccination rates and climbing Covid hospitalizations.

U.S. Treasury yields were mostly flat Thursday as investors digested the latest economic data.

Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession

“The pandemic really highlighted for a lot of people how important it is to have an emergency fund,” said Michelle Brownstein, a certified financial planner.

While the GDP gain would have been strong prior to the pandemic, it was considerably less than the 8.4% Dow Jones estimate.

Danny Meyer’s Union Square Hospitality Group will require indoor diners and drinkers at its restaurants to show they’ve been vaccinated against Covid.

Corporations are reporting record profitability, showing that while input costs are rising, inflation is being passed on to customers through higher prices.

More places are easing travel restrictions for vaccinated travelers, with some set to require inoculations from all travelers by the summer.