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The U.S. is the top country for millionaires and billionaires
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The U.S. has…
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Airfare is down, but here’s why that may not last for long
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC Airfare fell 6.4% in January from a year earlier, the Labor Department said in its monthly consumer price index report…
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World Health Organization says monkeypox is not a global health emergency right now
The World Health Organization on Saturday said the rapid spread of monkeypox across dozens of nations does not represent a global health emergency at this time. WHO Director General Tedros Adhanom Ghebreyesus described monkeypox as…
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Children as young as 6 months now eligible for Pfizer, Moderna vaccines
A child is administered a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine. Mayela Lopez | Reuters The Centers for Disease Control and Prevention on Saturday backed Pfizer‘s and Moderna‘s Covid-19 shots for children…
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Novavax vaccine clears key step on path to FDA authorization
Novavax’s two-dose Covid-19 vaccine for adults ages 18 and older cleared a key step on the path toward Food and Drug Administration authorization on Tuesday. The FDA’s committee of independent vaccine experts voted 21 to…
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Trading strategies for investors worried about rising recession risks
Countries like the U.S. and U.K. are grappling with inflation that has risen to multi-year highs as the Ukraine war has caused energy prices to spike and food prices to rise. Angela Weiss | AFP…
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Mortgage demand slides further, even as interest rates pull back slightly
Mortgage rates turned lower for the second straight week, but it wasn’t enough to boost demand for either new purchase loans or refinances, according to a weekly report from the Mortgage Bankers Association. Rates are…
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WHO confirms 80 cases of monkeypox with outbreaks in 11 countries
The World Health Organization has confirmed about 80 cases of monkeypox with recent outbreaks reported in 11 countries, according to a statement Friday from the global health agency. The outbreaks are unusual because they are…
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CDC panel recommends Pfizer booster for children ages 5 to 11
The Centers for Disease Control and Prevention on Thursday recommended a Pfizer Covid booster shot for children ages 5 to 11 at least five months after their primary vaccination series, as infections are on the…
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Abbott reaches agreement with FDA to reopen baby formula plant
A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that have…