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October 22, 2021

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Doctor treating pregnant Covid patients warns this could be ‘just another lull before another potential surge’

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CNBC – For more and to sign up click here On the heels of the deadliest month of the pandemic for pregnant people yet, Dr. Manisha Gandhi told CNBC that she’s not optimistic about Covid-19 this winter. “To be dealing with this surge and taking care of really sick women,......

10-year Treasury yield tops 1.54%, reaching highest point since June

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CNBC – For more and to sign up click here The 10-year U.S. Treasury yield topped 1.54% on Tuesday morning, its highest point since June, amid concerns around persisting inflation. The yield on the benchmark 10-year Treasury note jumped 5 basis points to 1.5409% at 4 a.m. ET. The yield......

Treasury yields rise to start the week, 10-year yield tops 1.5%

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CNBC – For more and to sign up click here U.S. Treasury yields bounced higher on Monday morning, continuing their upward momentum from last week as the Federal Reserve moves closer to easing off its pandemic-era policies. The yield on the benchmark 10-year Treasury note climbed above the key 1.5%......

Europe has ‘limited’ direct exposure to Evergrande’s debt crisis, Lagarde says

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CNBC – For more and to sign up click here LONDON — European Central Bank President Christine Lagarde believes Europe’s direct exposure to the embattled Chinese property company Evergrande would be “limited.” It comes at a time when global stock markets are on high alert over Evergrande’s massive debt problems.......

Hong Kong’s Hang Seng jumps nearly 2%; Evergrande shares surge more than 22% after days of losses

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CNBC – For more and to sign up click here SINGAPORE — Shares in Asia-Pacific were mostly higher in Thursday morning trade as investors in Asia-Pacific continue monitoring the situation surrounding China Evergrande Group. Hong Kong’s Hang Seng index jumped 1.86% after losses earlier in the week. It had returned......

Mainland China markets drop more than 1% on return to trade as investors watch for reaction to Evergrande crisis

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CNBC – For more and to sign up click here SINGAPORE — Markets in mainland China tumbled on Wednesday, after returning to trade from a two-day holiday, falling more than 1% amid the ongoing Evergrande crisis. With global markets selling off earlier this week, investors will be keeping a close......

Dr. Gottlieb says CDC may soon offer greater clarity on who will be eligible for Covid boosters

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CNBC – For more and to sign up click here Former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC he anticipates the Centers for Disease Control and Prevention may soon offer greater clarity on who will be eligible for Covid booster doses. Gottlieb, a Pfizer board member, elaborated......

Universal Music Group shares soar in market debut

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CNBC – For more and to sign up click here Lady Gaga performs during the Pepsi Zero Sugar Super Bowl 51 Halftime Show at NRG Stadium on February 5, 2017 in Houston, Texas. Tom Pennington | Getty Images Sport | Getty Images Universal Music Group shares surged in its stock......

FDA-approved Covid vaccine for kids ages 5 to 11 ‘very feasible’ by Halloween, says former FDA commissioner

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CNBC – For more and to sign up click here Former Food and Drug Administration Commissioner Dr. Mark McClellan told CNBC that it seems realistic that younger kids will be getting vaccinated for Covid-19 based on the new data released by Pfizer on Monday. “Those findings are very promising, especially......

‘We need to stop’: Inside the world’s first diplomatic alliance to keep oil and gas in the ground

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CNBC – For more and to sign up click here Sheep on a road in view of mobile offshore drilling units in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020. Jason Alden | Bloomberg | Getty Images LONDON — Costa Rica and Demark are spearheading......

Hang Seng index drops nearly 4% as Evergrande shares plunge 17%, other property stocks fall

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CNBC – For more and to sign up click here SINGAPORE — Hong Kong’s Hang Seng index led losses among Asia-Pacific markets in Monday trade, with shares of embattled Chinese developer China Evergrande Group continuing to drop. The Hang Seng index dropped 3.87% by Monday afternoon in the city. Shares......

Guinea coup rattles iron ore and bauxite markets, stokes economic uncertainty

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CNBC – For more and to sign up click here CONAKRY, Guinea – Lieutenant Colonel Mamady Doumbouya, head of the army’s special forces and coup leader, waves to the crowd as he arrives at the Palace of the People in Conakry on September 6, 2021, ahead of a meeting with......

Australia’s Qantas hopes to resume international flights by Christmas, CEO says

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CNBC – For more and to sign up click here Australian carrier Qantas expects international flights to the U.S., the U.K. and parts of Asia to resume by Christmas, CEO Alan Joyce said Thursday. Since March last year, Australia has closed its borders to most foreign visitors and banned residents......

Covid: 85-90% of the U.S. must be vaccinated ‘if we’re going to get past this,’ warns Dr. Peter Hotez

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CNBC – For more and to sign up click here Dr. Peter Hotez warned that rapid spread of the delta coronavirus variant has forced the threshold for the amount of Americans requiring vaccination in order to achieve herd immunity much higher.  “We’re now realizing with the variant that’s this transmissible,......

Russia is pumping a lot less natural gas to Europe all of a sudden — and it is not clear why

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CNBC – For more and to sign up click here An output filtration facility of a gas treatment unit at the Slavyanskaya compressor station (operated by Gazprom), the starting point of the Nord Stream 2 offshore natural gas pipeline. According to Russia’s Deputy Prime Minister Alexander Novak, the construction of......

Covid deaths could ‘climb even higher in the next couple weeks,’ warns Dr. Ashish Jha

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CNBC – For more and to sign up click here Dr. Ashish Jha, the dean of Brown University’s School of Public Health, warned about the toll of the pandemic as Covid deaths in the U.S. climb, yet again, to more than 1,000 a day.  “I think we’re going to see......

Shareholder payouts to hit $1.4 trillion in 2021, nearing pre-pandemic levels, research shows

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CNBC – For more and to sign up click here The Samsung Electronics Seocho office building in Seoul, South Korea on Jan. 13, 2017. Jean Chung | Bloomberg | Getty Images Company payouts to shareholders are projected to hit $1.39 trillion in 2021, just 3% below their pre-pandemic peak, according......

Michio Kaku calls nuclear fusion test at national lab ‘giant step toward the holy grail of energy research’

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CNBC – For more and to sign up click here Theoretical physicist Michio Kaku lauded a recent nuclear fusion experiment at Lawrence Livermore National Laboratory. “This is a giant step toward the holy grail of energy research,” said Kaku, professor of theoretical physics at the City College and City University......

Soaring demand for the world’s least-liked commodity sees thermal coal prices jump 106% this year

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CNBC – For more and to sign up click here A freight train transports coal from the Gunnedah Coal Handling and Prepararation Plant, operated by Whitehaven Coal Ltd., in Gunnedah, New South Wales, Australia, on Tuesday, Oct. 13, 2020. David Gray | Bloomberg | Getty Images LONDON — Soaring electricity......

Biden administration’s booster shot guidance ‘prudent thing to do to stay ahead of this virus,’ says U.S. surgeon general

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CNBC – For more and to sign up click here U.S. Surgeon General Dr. Vivek Murthy told CNBC that the Biden administration is recommending Covid booster shots for most vaccinated Americans beginning on Sept. 20 in order to stay ahead of the virus.  “We put our heads together, the top......

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