AstraZeneca Says Drug Cocktail Effective Against COVID-19 in Late-Stage Study

The phase 3 trial preliminary results showed the drug cut the risk of developing severe COVID-19 or dying by 50 percent compared to a placebo in people who did not require hospitalization and had been showing symptoms for a week or less.

Top US Utility Providers Cut Power to Nearly One Million Homes Despite Receiving Huge COVID Tax Bailouts: Report

Some of the top utility providers in the United States cut off power to customers across the nation despite receiving tax bailouts.

Merck Says Antiviral Pill for COVID-19 Is Effective, Plans to File for Emergency Authorization

The antiviral, molnupiravir, cut the risk of hospitalization or death in half for adults who were deemed at risk but not hospitalized, according to a planned interim analysis of the trial.

‘Inflation Could Repeat Trajectory of 1960s’: Economic Historian Niall Ferguson

Ferguson said that policymakers are now facing a new challenge in the form of rising inflation after responding to the COVID-19 pandemic in a manner similar to the 2008 Global Financial Crisis.

Oregon McDonald’s Now Hiring 14-Year-Olds Due to ‘Staffing Issues’

Heather Coleman, the operator of a McDonald’s, said that raising the minimum wage to $15 per hour at the restaurant didn’t attract many new applicants. When the hiring age was lowered to 15, about 25 applicants came in two weeks, she said.

Millions of Americans Set to Lose Pandemic Unemployment Benefits Next Week, No Signs of States Extending

Around 7.5 million Americans are set to fall off a “benefits cliff” as the September cutoff looms for the federal pandemic unemployment programs.