More Covid Cases in the U.S. among Returning to Schools Children
According to the Washington Post and some other top media, as millions of American students return to classrooms, the U.S. is facing its most significant pediatric COVID-19 surge yet, with a record number of American children now having been tested positive for the virus every week, with nearly 252,000 children in the U.S. tested positive for COVID-19 only during the first week amid the back-to-school season.
According to the Washington Post and some other top media, as millions of American students return to classrooms, the U.S. is facing its most significant pediatric COVID-19 surge yet, with a record number of American children now having been tested positive for the virus every week, with nearly 252,000 children in the U.S. tested positive for COVID-19 only during the first week amid the back-to-school season. Children now represent 26.8% of the weekly Covid-19 cases, according to new data released Tuesday. Over two weeks, from August 19 to September 2, there was a 10% increase in the cumulated number of Covid-19 cases in children since the beginning of the pandemic.
As of September 2, the study found that some 5,049,465 total child COVID-19 cases were reported, and children represented 15.1% (5,049,465/33,357,284) of all cases. Overall rate was 6,709 cases per 100,000 children in the population.
Also, a study by Columbia University researchers has concluded that the United States significantly undercounted coronavirus infections in 2020. They estimate, based on CDC data, that the true number of infections by the end of 2020 was more than 100 million, not 20 million.
All this variety of adverse news may impact the Federal Reserve decision ahead of its September 21-22 Federal Open Market Committee meeting not to scale back its asset purchases program.
Inflation is Ubiquitous and Protracted But Different for Poor and Wealthy
Classic inflation measures like the Consumer Price Index, published by the Bureau of Labor Statistics, are built based on so-called "consumption baskets," in which periodicities are underpinned by relevant annual surveys asking people about their shopping preferences and difficulties. This past summer, bankers and business leaders seemed to be increasingly worried about big and bold unstoppable price inflation nearly halving everyone’s pockets’ contents.
Uranium: Following Suite of Commodities Growth
The price of raw uranium, known as yellowcake, has risen to its highest level since 2014, driven by a newly launched investment trust run by Canadian asset management company Sprott.
China’s Financial Regulator Ordered Ant Group’s Alipay to Uncover its Lending Business and Disclose Borrowers
Official Beijing plans to break up Ant Group’s Alipay and create a separate application for the fintech giant’s loans business.
