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HSBC says Asia faces ‘bumpy road’ ahead as Covid cases remain high, but vaccine rollouts offer hope
A woman receives a dose of Covid-19 vaccine during mass vaccination at Tanah Abang Textile Market in Jakarta, Indonesia on June 19, 2021. Agung Kuncahya B. | Xinhua News Agency | Getty Images Asia’s struggle against the coronavirus is far from over but an expected pickup in Covid vaccine distribution in the coming months may […]
There’s a crisis in the economy, the government should pay people to go to work, says Barry Sternlicht
The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people to go back to work, not to stay home. “The […]
Dr. Scott Gottlieb says U.S. is ‘vastly underestimating’ level of Covid delta spread
Dr. Scott Gottlieb told CNBC on Friday he believes the U.S. is significantly undercounting the number of Covid delta infections, making it difficult to know whether the highly transmissible strain is causing higher-than-expected hospitalization and death rates. “We don’t know what the denominator is right now,” Gottlieb said in an interview on “Squawk Box.” “I […]