Regeneron developing antibodies to target omicron as current cocktail loses potency against variant
CEO Leonard Schleifer told CNBC Regeneron plans to conduct trials on the new antibodies in the first quarter of 2022.
CNBC US News
H&R Block sues over Square's new name 'Block'
The tax preparation service seeks to keep Block from using the new name.
Why Georgia is becoming the new U.S. film production capital
In 2020, Georgia was home to an estimated 242 film productions that added $2.2 billion to the state's economy.
'We're heartbroken. We're overwhelmed' — U.S. hospitals grapple with delta outbreak as omicron takes root
Public health officials have warned for weeks that the U.S. would face another Covid wave due to the delta variant this winter.
Reddit files to go public
Reddit on Wednesday announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public.
Airline CEOs explain flight cancellations to Congress after taking $54 billion in taxpayer aid
Airlines are now scrambling to hire workers after pushing tens of thousands of employees to take leaves of absence or buyouts during the Covid pandemic.
Democrats are unlikely to pass Biden's social spending plan this year — here's what it means
Opposition from Sen. Joe Manchin has made it unlikely the Build Back Better Act will pass the Senate this year, so Democrats may turn to a voting rights bill.
Fauci says Covid boosters work against omicron, no need for variant-specific third shot
A booster dose increases protection against symptomatic disease to 75%, Fauci.
WHO expects severe omicron cases, warns against treating variant as mild disease
We have to be really careful that there isn't a narrative out there that it's just a mild disease," said Maria Van Kerkhove, the WHO's Covid-19 technical lead.
Mortgage refinances fizzle as interest rates resume their climb
A mini refinance boom ended quickly after mortgage rates resumed their climb.
Here's what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Nov. 3.
Apple temporarily closes three stores in response to rising Covid rates
Apple Store employees will take Covid-19 tests before reopening
Fed will aggressively dial back its bond buying, sees three rate hikes next year
The Federal Reserve provided multiple indications Wednesday that its run of ultra-easy policy since the beginning of the Covid pandemic is coming to a close.
New York City is banning natural gas hookups for new buildings to fight climate change
The measure will go into effect at the end of 2023 for some buildings under seven stories and in 2027 for taller buildings.
CDC estimates 13% of all cases in NY and NJ could be omicron infections, Director Dr. Walensky says
World Health Organization officials said the omicron Covid variant is spreading at a faster rate than all other previous strains.
Treasury yields jump after Fed signals 3 rate hikes next year
The Federal Reserve said it will accelerate the reduction of its monthly bond purchases and signaled interest rate increases in 2022.
Roblox stock dips on lower-than-expected November user numbers
The video game company reported daily active users were 49.4 million.
The Fed's latest move will send borrowing costs higher
The Fed is sticking with its near zero rate policy for now, but is paving the way for interest rate hikes sooner than expected. Here's what that means for you.
Fox hosts, Donald Trump Jr., GOP reps begged Mark Meadows in texts to get Trump to stop Capitol riot on Jan. 6
President Donald Trump waited hours to call for supporters to end the Capitol riot on Jan. 6. Texts reveal how desperate Fox News hosts and Donald Trump Jr. were to get him to act that day.
SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records
The SEC is considering stronger insider trading rules to ensure CEOs aren't buying and selling shares when informed by non-public info.
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