CNN — Tuberculosis cases reported in the United States appear to be returning to levels seen before the Covid-19 pandemic, according to a new report from the US Centers for Disease Control and Prevention. The US incidence of tuberculosis, or TB, increased slightly last year after a substantial 20.2% decline in 2020 and a 9.8% … Read more
Editor’s Note: Get inspired by a weekly roundup on living well, made simple. Sign up for CNN’s Life, But Better newsletter for information and tools designed to improve your well-being. CNN — Some chemicals linked to health issues have been banned in food products in the European Union, while the United States has allowed use … Read more
Treasury Secretary Yellen says emergency actions to backstop banks could be used again if needed Treasury Secretary Janet Yellen said Thursday that the federal emergency actions used to backstop Silicon Valley Bank and Signature Bank customers could be used again if necessary. “We have used important tools to act quickly to prevent contagion. And they … Read more
Regulators and officials across the European Union have been nervous about potential contagion to their banking sectors after the recent turmoil in the United States. However, they think the U.S. should learn from some of the regulatory works put in place in the euro area. Basel III is a set of reforms that strengthens the … Read more
Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting at the Federal Reserve on March 22, 2023 in Washington, DC. Alex Wong | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors … Read more
Bitcoin has rallied nearly 70% so far this year — and industry insiders who spoke to CNBC remain bullish, with one saying the world’s biggest cryptocurrency could reach new heights. Marshall Beard, chief strategy officer at U.S.-headquartered cryptocurrency exchange Gemini, said $100,000 could be a possibility for bitcoin. Part of the industry’s positive view on … Read more
The FDA’s independent panel of advisors voted against endorsing accelerated approval of Biogen’s investigational ALS drug for a rare and aggressive form of the disease. The vote is not binding on the FDA, though the agency often follows the panel’s guidance. It will make a final decision on April 25. The drug tofersen was developed … Read more
3 Hours Ago Healthcare and consumer cyclicals lead Hang Seng higher The Hang Seng index led gains in the Asia-Pacific region on Wednesday, powered by health-care and consumer cyclical stocks. Shares of Geely saw the biggest moves, up 7.16% after the automaker posted a 45.6% year on year gain in revenue for the whole of … Read more
A credit crunch is a significant tightening of lending standards among banks. Loans are harder to get and become more costly. The banking crisis triggered by the failures of Silicon Valley Bank and Signature Bank will likely lead small and midsize institutions to prioritize having a healthy balance sheet. The prospect of recession led banks … Read more
The tech sector was a bright spot last week as the banking crisis rocked markets. The Nasdaq Composite was up 4.4% over the week, while the Nasdaq 100 — which includes the index’s largest non-financial companies — was 5.8% higher. Big tech and semiconductor stocks such as Nvidia and Microsoft were up around 12% over the … Read more