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President-elect Joe Biden plans to use FEMA and the National Guard to build coronavirus vaccine clinics across the United States, according to new details of his Covid-19 vaccination plan released by his transition team on Friday. The Biden administration will also “quickly jumpstart” efforts to make the vaccines available at local pharmacies across the U.S.,
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U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, January 8, 2021. Kevin Lamarque | Reuters Joe Biden moves into the White House in the coming week with the biggest stock market tailwind since a presidential Election Day in at least 70 years.
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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 Capitol Hill, Washington, U.S., September 16, 2020. Andrew Harnik | Reuters A more contagious strain
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The Internal Revenue Service (IRS) building in Washington, D.C. Getty Images The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement from the agency. On that date, the IRS will start accepting and processing last year’s tax returns. Normally, the agency opens tax season in late
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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, but the drugs are still being underutilized despite their promising results, Trump administration health officials
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Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $2.62 per share, 2.1% higher than a
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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 Street crash, according to one hedge fund manager, with rising inflation potentially responsible for popping
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Surveillance cameras are mounted on a post at Tiananmen Square as snow falls in Beijing, China, on Thursday, Feb. 14, 2019. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China — A new report reveals patent applications belonging to Huawei and a group of China-based artificial intelligence companies for systems that can detect people who
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A Tesla charging station in a hotel parking lot. Zhang Peng | LightRocket | Getty Images BEIJING — When it comes to China’s electric car market, the high-end SUV segment is one start-ups and foreign brands alike are competing heavily for. In fact, electric high-end SUVs sold so well last year that models from Nio
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Raj Singh, chief executive officer of Accolade speaks during the GeekWire Summit event in Seattle, Washington, Oct. 3, 2018. David Ryder | Bloomberg | Getty Images Accolade, a health care technology company that helps employees navigate their medical plans, is buying telemedicine start-up 2nd.MD to bolster its ability to provide users with second opinions, CNBC
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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 additional fiscal support will sustain U.S. families and firms until the Covid-19 vaccine is widely
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A pedestrian passes the seal of the Office of the Comptroller of the Currency (OCC) displayed outside the organization’s headquarters in Washington, D.C., U.S., on Wednesday, March 20, 2019. Andrew Harrer | Bloomberg | Getty Images The Office of the Comptroller of the Currency finalized a rule on Thursday that Wall Street’s largest banks have