Without A Vaccine, Researchers Say, Herd Immunity May Never Be Achieved

Jul
27

As the coronavirus continues to spread rapidly throughout the U.S. and beyond, many are wondering: How on earth will this end? In an interview televised this week, President Trump reiterated his belief that sooner or later the virus will burn itself out. "I will be right eventually," the president told Fox News host Chris Wallace. "It's going to disappear, and I'll be right."

But scientists are increasingly of the view that this virus will not disappear. In interviews and correspondence with more than a dozen researchers around the world, NPR found that the vast majority believes the virus will persist at some level for a long time in places like the U.S. and Europe.

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Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine

Jul
25

On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat Covid-19.

Vaxart’s shares soared. Company insiders, who weeks earlier had received stock options worth a few million dollars, saw the value of those awards increase sixfold. And a hedge fund that partly controlled the company walked away with more than $200 million in instant profits.

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James Dimon's Warning for the U.S. Economy and uncertainties ahead

Jul
25
  • The range of outcomes for the economy in the second half is incredibly wide: JPMorgan Chase sees no fewer than five different paths it can take.
  • The bank has gotten more pessimistic, seeing unemployment in its default “base” scenario hitting nearly 11% by the end of this year, 4.3% worse than when it made the same forecast in April.
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