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January 20, 2021

U.S. Economy

Here’s what it costs to book Disney’s new cruises to Antarctica and the Galapagos Islands

CNBC
CNBC – For more and to sign up click here By the end of this year, Disney fans will be able to explore every continent on Earth with the kid-friendly brand. Last week, Adventures by Disney announced the launch of cruises to Antarctica and the Galapagos Islands. The first Antarctica......

Assault on Capitol ‘incited by the president,’ says former DHS secretary

CNBC
CNBC – For more and to sign up click here Former Homeland Security secretary Janet Napolitano told CNBC’s “The News with Shepard Smith” that the storming of the Capitol on Jan. 6 was “incited” by President Donald Trump, and criticized him for fueling the “Big Lie” that the Nov. 3......

Biden looks to give a big boost to homebuyers and builders

CNBC Real Estate
A contractor frames a house under construction in Lehi, Utah, U.S., on Wednesday, Dec. 16, 2020. Private residential construction in the U.S. rose 2.7% in November. George Frey | Bloomberg | Getty Images Anyone looking to buy a home today is likely frustrated by sky-high prices and slim pickings. But......

Treasury nominee Yellen says U.S. can afford higher corporate tax rate if it coordinates with other countries

CNBC
CNBC – For more and to sign up click here Treasury secretary nominee Janet Yellen speaks after US President-elect Joe Biden announced his economic team at The Queen Theater in Wilmington, Delaware, on December 1, 2020. Chandan Khanna | AFP | Getty Images Janet Yellen, President-elect Joe Biden’s choice for......

Biden Covid advisor challenges Cuomo’s letter to buy vaccine directly from Pfizer

CNBC
CNBC – For more and to sign up click here President-elect Joe Biden’s Covid Advisory Board member Dr. Celine Gounder slammed the Trump administration’s piecemeal Covid response as some states across the U.S. scramble to get the vaccine doses they need.  “I think we’ve already had too much of a......

Coronavirus vaccine passports aren’t available yet, but could be an investment for the future

CNBC
CNBC – For more and to sign up click here Global scientists have reiterated the importance of herd immunity before the economy can fully reopen, but a number of start-ups and major tech companies are looking to speed up the return to normalcy. Microsoft, Apple and Google have shown interest......

Why ultra-low cost carrier Spirit Airlines is falling behind

CNBC
CNBC – For more and to sign up click here Spirit Airlines, the no-frills carrier known for bright yellow planes, brash style and low fares, has helped revolutionize the way we pay for travel. To offset its bare-bones fares the carrier charges for everything from carry-on bags to bottles of......

Biden CDC pick confident there’s enough Covid vaccine to meet target amid confusion over stockpile

CNBC
CNBC – For more and to sign up click here Rochelle Walensky, who has been nominated to serve as director of the Centers for Disease Control and Prevention, speaks after US President-elect Joe Biden announced his team tasked with dealing with the Covid-19 pandemic at The Queen in Wilmington, Delaware......

Health Secretary Alex Azar resigning on Jan. 20

CNBC
CNBC – For more and to sign up click here Health and Human Services Secretary, Alex Azar at the White House on August 23, 2020 in Washington, DC. Pete Marovich | Getty Images Health and Human Services Secretary Alex Azar is resigning on Jan 20, NBC News reported on Friday.......

Biden defends why stimulus checks should go to employed Americans

CNBC
CNBC – For more and to sign up click here US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden made a case for sending stimulus......

Biden to deploy FEMA, National Guard to set up Covid vaccine clinics across the U.S.

CNBC
CNBC – For more and to sign up click here Spc. Katherine Deskins (L) of the Nevada Army National Guard administers a Moderna COVID-19 vaccination to Clark County Fire Department Capt. Jasmine Ghazinour on the first day of Clark County’s pilot vaccination program at Cashman Center on January 14, 2021......

WHO says Covid vaccines aren’t ‘silver bullets’ and relying entirely on them has hurt nations

CNBC
CNBC – For more and to sign up click here Employees store coffins, some marked with “infection risk” as others have “corona” scrawled in chalk, in the mourning hall of the crematorium in Meissen, eastern Germany, on January 13, 2021, amid the new coronavirus COVID-19 pandemic. cremation. Jens Schlueter |......

New Covid variant first found in U.K. could become dominant strain in U.S. by March, CDC says

CNBC
CNBC – For more and to sign up click here Centers for Disease Control and Prevention Director Dr. Robert Redfield holds up a CDC document that reads “COVID-19 Vaccination Program Interim Playbook for Jurisdiction Operations” as he speaks during a Senate Appropriations Subcommittee hearing “Review of Coronavirus Response Efforts” on......

U.S. health officials push hospitals to administer unused Covid antibody drugs

CNBC
CNBC – For more and to sign up click here The U.S. has shipped over half a million doses of antibody treatments that have the potential to keep high-risk Covid patients out of hospitals if given early enough in their infection. This would help already overburdened hospitals avoid additional strain,......

‘Careful what you wish for’: Hedge fund manager says Biden’s spending plan could cause market crash akin to 1929

CNBC
CNBC – For more and to sign up click here People gathering on Wall Street in front of the New York Stock Exchange, October 25, 1929. Ullstein bild | Getty Images President-elect Joe Biden’s Covid spending plan could recreate the financial conditions seen in the run-up to the 1929 Wall......

Biden’s stimulus plan could drive out funds from Asia to the U.S., JPMorgan says

CNBC
CNBC – For more and to sign up click here SINGAPORE — Asia’s emerging markets could become a casualty as a result of U.S. President-elect Joe Biden’s latest $1.9 trillion Covid relief plan. That’s according to James Sullivan, head of Asia ex-Japan equity research at JPMorgan. “Most investors were very......

U.S. potentially facing ‘perpetual infection’ of Covid in spring as new variants spread, warns Dr. Scott Gottlieb

CNBC
CNBC – For more and to sign up click here Dr. Scott Gottlieb emphasized the importance of getting as many people vaccinated as possible, and warned of a potentially dire spring and summer without protective immunity as new Covid variants appear across the globe.  “If we can’t get more protective......

Biden wants to increase stimulus checks to $2,000. Here’s what we know about those payments

CNBC
CNBC – For more and to sign up click here U.S. President-elect Joe Biden at a drive-in rally in Atlanta on Jan. 4, 2021. Jonathan Ernst | Reuters The push for $2,000 stimulus checks just got stronger. President-elect Joe Biden unveiled his stimulus plan in a speech on Thursday night......

Biden unveils sweeping plan to combat the Covid pandemic in the U.S.

CNBC
CNBC – For more and to sign up click here President-elect Joe Biden on Thursday unveiled a sweeping plan to combat the coronavirus pandemic in the United States, massively scaling up testing to support school reopenings, creating more health-care jobs and investing billions in a nationwide Covid-19 vaccine campaign. The......

Biden’s $1.9 trillion Covid relief plan calls for stimulus checks, unemployment support and more

CNBC
CNBC – For more and to sign up click here President-elect Joe Biden on Thursday unveiled the details of a $1.9 trillion coronavirus rescue package designed to support households and businesses through the pandemic. The proposal, called the American Rescue Plan, includes several familiar stimulus measures in the hope the......

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