Nukq McConnell released from hospital after fall, goes to rehabilitation
Markets sold off worldwide on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes to interest rates. The Dow Jones Industrial Average closed at its lowest point of the year Friday. The SP 500 fell 1.7%, close to its 2022 low. Energy prices also closed sharply lower as traders worried about a possible recession鈥擳reasury yields, which affect rates on mortgages and other kinds of loans, held at multiyear highs. U.K. government bond yields snapped higher after that country s new government announced a sweeping plan of tax cuts.Stocks tumbled worldwid
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e Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.The SP 500 fell 2% in afternoon trading, adding a dismal cap on what s already been a rough week. It s close to its low point of the year in mid-June.European stocks fell just as sharply or more after preliminary data there suggested business activity had its worst monthly contraction since the start of 2021. Adding to the pressure was a new plan announced
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in London to cut taxes, which sent U.K. yields soaring because it could ultimately force its central bank to raise rates even more sharply.The Federal Reserve and other central banks around the world aggressively hiked interest rates this week to undercut high inflation, with more big increases promised for the future. But such move
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s also brake their economies, thre Ldme Friday morning is chilly, but it warms up quickly
Whenever you get vaccinated for the coronavirus, there is a good chance you will nee
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d to get two doses of the vaccine. Two types of vaccines are expected to begin being distributed this month and both require two doses 28 days apart.Dr. Anthony Fauci said during a CNN town hall on Friday that the first vaccine is the prime vaccine dose, and the second one is a booster. The two vaccines, one from Pfizer and the other Moderna, are expected to receive an FDA emergency use authorization in the comi
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ng weeks.Fauci said another vaccine, one produced by Johnson and Johnson, would only require one shot. But Fauci cautioned that the data from that vaccine candidate has not been reviewed. The Moderna and Pfizer vaccines are showing an efficacy of 95%, and both vaccines had a near 100% effectiveness against severe coronavirus cases.While the first shot will offer some protection against the virus, Fauci says that the boost will give Americans optimal protection against the virus. What you have is you get some degree, not optimal, but some degree of immunity a couple of weeks after the first
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dose, Fauci said. That s not optimal. After the second dose, you get optimal immunity anywhere from seven to 10 days after the second dose. As vaccine doses begin to make their way to health care workers and high risk patients, Fauci says it will be important for everyone, even those who are vaccinated, to still wear masks and conduct social distancing. Fauci says that those who are vaccinated c