Cases triple in Europe, urgent action needed to contain spread

Cases triple in Europe, urgent action needed to contain spread

The World Health Organization on Friday warned that urgent action is needed to contain the spread of monkeypox in Europe, as cases have tripled over the past two weeks. Europe is the center of a global outbreak of the virus with 90% of confirmed monkeypox cases reported there, according to the WHO. New infections have … Read more

CDC panel recommends Moderna two-dose Covid vaccine for kids ages 6 to 17

CDC panel recommends Moderna two-dose Covid vaccine for kids ages 6 to 17

The Centers for Disease Control and Prevention is expected to clear Moderna’s two-dose Covid-19 vaccine for kindergartners through high schoolers for public distribution this week after the agency’s panel of independent vaccine experts unanimously voted Thursday to recommend the shots. The committee endorsed Moderna’s vaccine for kids ages 6 to 17 after examining its safety … Read more

Here are the best deals

Here are the best deals

Amazon Prime Day is one of the most anticipated shopping events of the year. But in 2022, shoppers may be less interested in backyard entertaining or Black Friday-type deals and more eager to score discounts on consumer staples to counteract runaway inflation. “People who want to participate in Prime Day are going to be focusing … Read more

Kevin O’Leary says there’s no evidence of a recession right now

Kevin O'Leary says there's no evidence of a recession right now

The US economy is much stronger than people think, and there’s “no evidence” of an impending slowdown or recession yet, says celebrity investor Kevin O’Leary. “I’m not saying we won’t get one, but everybody that’s saying it’s coming around the corner next week is just wrong,” he told CNBC’s “Squawk Box Asia” on Thursday. “There’s … Read more

Covid vaccine for kids under 5 moves closer to FDA authorization after committee backs shots

Covid vaccine for kids under 5 moves closer to FDA authorization after committee backs shots

A kindergarten student gives the thumbs up to her teacher before starting the first day of kindergarten at Laguna Niguel Elementary School in Laguna Niguel, CA on Tuesday, August 17, 2021. Paul Bersebach | Media News Group | Getty Images Moderna’s Covid-19 vaccine for infants through preschoolers has moved a step closer to authorization by … Read more

100 bps rate hike is ‘medicine to stop this inflation’

100 bps rate hike is 'medicine to stop this inflation'

Wharton’s Jeremy Siegel is calling for a 100 basis point rate hike, and says markets may be “close to the bottom.” A 100 basis point rate hike by the Federal Reserve on Wednesday will be “medicine to stop this inflation,” the Wharton professor of finance at the University of Pennsylvania told CNBC on Wednesday. “The … Read more

Staying on track with retirement, near-term goals amid choppy markets

Staying on track with retirement, near-term goals amid choppy markets

Rbkomar | Time | Getty Images Remember better days are coming The best and worst days tend to be clustered together, data from JP Morgan shows. If you sell, you may miss the upside—and that will cost you. “Trying to time the market is likely going to result in you missing out on some really, … Read more

Inflation augurs record 2023 Social Security cost-of-living adjustment

Inflation augurs record 2023 Social Security cost-of-living adjustment

Picture Source | Getty Images New government inflation data came in hotter than expected last week. If record-high prices don’t subsidize, that will lead to a higher Social Security cost-of-living adjustment in 2023. Yet even with a more generous boost to benefits next year, there’s a growing campaign to change the way those annual benefit … Read more

Consumers changing eating, shopping clothes as inflation pushes up prices

Consumers changing eating, shopping clothes as inflation pushes up prices

A man shops for meat at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. jim watson | AFP | Getty Images The highest inflation in roughly 40 years is prompting people to shift their shopping clothes, especially at the grocery … Read more

Some monkeypox patients also have sexually transmitted diseases, CDC says

Some monkeypox patients also have sexually transmitted diseases, CDC says

Some people recently diagnosed with sexually transmitted diseases may also have monkeypox, the Centers for Disease Control and Prevention said, warning physicians that they need to watch and test for both since monkeypox can look a lot like an STD. CDC Director Rochelle Walensky said some patients with monkeypox also had syphilis, herpes, gonorrhea or … Read more