Tag Archives: consumer goods

Retail sales sink 1.1% in November as Covid-19 slams restaurants, economy again

[ad_1] The numbers: Sales at U.S. retailers fell in November for the second month in a row and posted the biggest decline since the onset of the pandemic, underscoring fresh strains on the economy spawned by the record rise in coronavirus cases. Retail sales fell 1.1% last month, the government …

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Americans stick near home again due to coronavirus resurgence in fresh blow to the economy

[ad_1] The recent resurgence of the coronavirus pandemic has prodded Americans once again to cut back on flying, dining out, staying at hotels and other activities away from home in another blow to the U.S. economy. Read: The economy is showing more coronavirus cracks and the fissures are growing By …

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Amid a second outbreak of the coronavirus, New York starts the slow, laborious task of vaccinating millions

[ad_1] On Monday morning, one of America’s first Pfizer PFE, -1.38% vaccine doses was administered by Northwell Health, New York state’s largest health care provider. Intensive care nurse Sandra Lindsay was injected in Queens in the historic event.  The injection signals the beginning of the slow, laborious task of vaccinating millions …

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These are the loopholes America’s 1% can use to get early access to the COVID-19 vaccine

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[ad_1] Economists hold that a good is most efficiently allocated when it goes to the people who value it the most and hence are willing to pay the most for it.  It’s for that very reason that bioethicists and infectious disease doctors worry that initial doses of a coronavirus vaccine, …

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The challenges and perils of transporting millions of COVID-19 vaccines with dry ice across the U.S.

[ad_1] When you order a gift from Amazon AMZN the process of getting the item you purchased to your doorstep is fairly straightforward. But transporting a coronavirus vaccine, if and/or when emergency-use authorization is granted in the U.S., requires arctic temperatures. The government, through Operation Warp Speed, has begun the …

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U.K. gears up for huge coronavirus vaccination program

[ad_1] LONDON — Shipments of the coronavirus vaccine developed by American drugmaker Pfizer and Germany’s BioNTech were delivered Sunday in the U.K. in super-cold containers, two days before it goes public in an immunization program that is being closely watched around the world. Around 800,000 doses of the vaccine were …

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Coronavirus update: U.S. death toll tops 1,500 in a day, as Pfizer provides glimmer of hope for a vaccine with plans to seek emergency approval

[ad_1] After a another grim day in new COVID-19 cases, hospitalizations and deaths, a glimmer of hope on the vaccine front was provided when Pfizer Inc. said it has enough data on its vaccine candidate’s safety to seek emergency-use authorization from the Food and Drug Administration. Pfizer PFE, +0.77% said …

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Dow jumps over 800 points, its best daily gain in 5 months, as Nasdaq ends lower on coronavirus vaccine report

[ad_1] U.S. stock benchmarks closed mostly higher Monday, leaving behind some of the technology giants and work-from-home winners, after German-based BioNTech SE and Pfizer Inc. announced that their COVID-19 vaccine candidate achieved “success” in the first interim analysis of a Phase 3 study. Assets considered risky already received a boost …

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Gold edges up as investors await final word on U.S. coronavirus relief pact

[ad_1] Gold futures edged higher Tuesday amid progress toward the development of a COVID-19 vaccine and a long-sought fresh round of coronavirus financial relief for American workers and businesses hobbled by the pandemic. Copper futures, meanwhile, climbed Tuesday, as signs of strengthening demand from China help position prices for the …

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Moderna CEO tells FT that coronavirus vaccine won’t be ready by election day

[ad_1] In this file photo taken on Aug. 13, Moderna protocol files for COVID-19 vaccinations are kept at the Research Centers of America in Hollywood, Florida. AFP/Getty Images Moderna Inc.’s potential coronavirus vaccine will not be ready by the U.S. presidential election, the biotech company’s chief executive told the Financial …

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