Global toll of sudden, mysterious hepatitis in children rises to 650 cases

CNN — The World Health Organization reported Friday that there are at least 650 cases of sudden and unexplained hepatitis in young children under investigation in 33 countries, an increase of about 36 cases over the last international update, about a week ago. Another 99 cases are awaiting classification. Last week, the European Center for … Read more

Nvidia stock drops as China COVID shutdowns weaken outlook

Nvidia Corp. shares fell in the extended session Wednesday after COVID shutdowns in China and the war in Ukraine shaved half a billion dollars off the chip maker’s outlook for the current quarter, while the company reported record results. For the fiscal second, or current, quarter, Nvidia NVDA, +5.08% forecast revenue of $7.94 billion to … Read more

Vaccines bring optimism as COVID cases soar in South America

Buenos Aires, Argentina — After a reprieve of months, confirmed cases of COVID-19 are emerging in the southern tip of South America. But officials in Argentina, Chile and Uruguay hope high vaccination rates mean this latest wave will not be as deadly as previous ones. At the same time, there is concern that many people … Read more

United Arab Emirates detects first case of monkeypox

DUBAI, United Arab Emirates — Health authorities in the United Arab Emirates detected on Tuesday the country’s first case of the monkeypox virus in a young woman who traveled from West Africa. The government said little about the patient, but stressed that authorities were investigating her contacts and “taking all necessary measures” to limit the … Read more

Genetic Clues and How It Might Be Spreading

Monkeypox samples are being studied at the University of Minnesota’s Veterinary Diagnostic Laboratory.photo: JUDY GRIESEDIECK/Star Tribune (Getty Images) cases of monkeypox continue to climb across the globe, with more than 200 confirmed and suspected cases documented in over 20 countries. yesscientists are starting to gather their first clues about these outbreaks, including how the virus … Read more

Monkeypox cases are driving up stock prices for these companies

Growing concern about the emergence of monkeypox in Europe and the US has sent shares of several vaccine and drug companies soaring. Though infections are rarely reported outside of Central and West Africa, 92 cases have been confirmed this month in countries where the monkeypox virus is not endemic, including Europe and the US, as … Read more

Philadelphia reinstates face-mask mandate for students and teachers, and WHO head warns pandemic is ‘most certainly not over’

Philadelphia has reinstated a face-mask mandate for students and teachers that comes into effect Monday, in its latest move to rein in COVID-19 infections. The news was announced Friday by William Hite, superintendent of the public school district, who said it would remain in effect until further notice. “As we’ve learned since the pandemic began, … Read more

Pfizer and Moderna created life-saving vaccines and their stocks soared last year. What now?

New York CNN Business — Pfizer, BioNTech and Moderna are experiencing a post-vaccine hangover on Wall Street this year. All three stocks emerged spectacularly in 2021, thanks largely to their Covid-19 vaccines’ success and strong sales. But 2022 hasn’t been as kind to them. Shares of Pfizer (PFE) are down about 15%, while its Comirnaty … Read more

The stock market is ‘vulnerable to good news’ and a 10% to 12% rally, says this strategist

Accentuate the positive, they say. And why not, as we cruise into Monday with stocks pointing higher amid hopes for easing US tariffs on China. Granted, optimism is a tall order these days, with the US economy slowing down, COVID not done yet (let’s hope monkeypox passes fast) and Russian boots still on the ground … Read more