President Donald Trump said Friday the U.S. will manufacture at least 100 million coronavirus vaccine doses before the end of the year with enough to inoculate every American by April.
Businesses in many states are likely to face tax increases as early as next year to replenish depleted trust funds that pay unemployment benefits. Workers may also face cuts in unemployment benefits.
Roger Altman, the Evercore founder and Democratic donor, acknowledged investors would initially sell stocks if Joe Biden defeated President Donald Trump.
The group also includes distinguished Google engineer David Patterson, Pixar co-founder Ed Catmull, Facebook's chief AI Scientist Yann LeCun and Microsoft research scientists Leslie Lamport and Butler Lampson.
Homeowners who refinance their mortgage may end up paying a higher interest rate. This is because lenders may pass on some of the costs incurred from an "adverse market" fee that they will soon have to start paying on certain loans sold to Fannie Mae and Freddie Mac.
The U.S. is halfway through wildfire season, and this year is already one of the worst in history. Human-caused climate change has made blazes more frequent and intense.
Bullard also said he sees the unemployment rate falling to 6.5% by the end of the year, an estimate well below the median projection of 7.6% that his Fed colleagues released earlier this week.
"Pandemic fatigue" has set in across parts of Europe, where the outbreak is on the rise again in some countries that were hailed early on for stamping out massive outbreaks.
Hospitalizations have doubled every eight days in the U.K., and parts of France have reported reaching capacity in their intensive-care units, WHO's Maria Van Kerkhove said.