Pfizer Covid vaccine was just 12% effective against omicron in kids 5 to 11, study finds

NY health officials found that the effectiveness of Pfizer's vaccine against Covid plummeted from 68% to 12% for children ages 5 to 11 as the omicron surged.

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New York City mayor: We need to stop apologizing for being capitalists and support business

"We should encourage new businesses to be here, but be compassionate in our actions," NYC mayor Eric Adams told CNBC on Monday.

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Investing Club: We're capitalizing on one of our drug stocks' incredible run, selling some shares

We are locking in more profits in AbbVie on Monday morning following the stock's impressive run of outperformance recently.

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Why health-care costs are rising in the U.S. more than anywhere else

Health-care spending is rising in the U.S. more than anywhere else around the world.

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Europe’s travel rules are dropping as fast as its Covid cases

Citing high vaccination rates and the mildness of most omicron infections, Europeans nations are dropping rules deemed no longer effective against Covid-19.  

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Property billionaire hopes to set up huge cannabis farm on a tiny island in the Irish Sea

Peel Group, a real estate firm led by 79-year-old billionaire John Whitaker, wants to build a £100 million ($136 million) cannabis-growing facility.

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Ukraine hospitals could run out of oxygen supplies in 24 hours as war disrupts health services, WHO says

The WHO said trucks are unable to transport oxygen supplies from plants to hospitals across Ukraine, putting thousands of more lives at risk.

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CDC relaxes Covid guidance allowing most people to ditch masks if hospitalizations remain low

The CDC has shifted its focus to hospitalizations, rather than infections alone, to determine when masks are recommended.

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Omicron BA.2 subvariant is more contagious and can reinfect people, but isn't more severe, studies find

A pandemic weary public wants to know two main things: Will BA.2 cause a second surge of cases, and will it put even more people in the hospital?

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Moderna says Covid is entering an endemic phase, but annual vaccines will be needed

Moderna Chief Medical Officer Paul Burton said Covid is entering an endemic phase in the Northern Hemisphere.

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Investing Club: We're buying in health care again, a sector insulated from geopolitical upheaval

We like drug stocks and health care here because these are companies that can continue to grow earnings even if there's an economic slowdown.

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Moderna expects at least $19 billion in Covid vaccine sales in 2022, reports big fourth-quarter earnings beat

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These charts show how Hong Kong is faring as it clings to its zero-Covid strategy

In Hong Kong, air passenger traffic is plunging and the number of visas issued for foreign professionals has slowed.

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Investing Club: We're looking past Bausch's mixed quarter to the greater value a breakup brings

The upcoming Bausch + Lomb and Solta Medical IPOs are key to realizing upside earnings power locked away in the bigger company.

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CDC says waiting longer between Pfizer, Moderna doses may reduce rare myocarditis risk for younger men

The CDC said males ages 12- to 39-years-old should consider waiting 8 weeks between the first and second doses of Pfizer and Moderna's vaccines.

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India records 15,102 fresh Covid-19 cases, positivity rate 1.28 %

India records 15,102 fresh Covid-19 cases, positivity rate 1.28 %

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Covid infections plummet 90% from U.S. pandemic high, states lift mask mandates

As omicron wave fades, the U.S. is trying to move past the crisis mentality that has gripped the nation for two years.

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How Americans can save money when choosing a health insurance plan

A large study of a Fortune 100 company found that more than 60% of participants chose the wrong health insurance plan for their needs.

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Don't panic. Here's how to keep your emotions out of your investment decisions

It's normal to panic. They key is not to act on it, says psychologist Brad Klontz. Here are his techniques to stop emotions from ruling your financial life.

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If you're going abroad for spring break, here's what it's like to self-test for your flight back home

Here's what it's like to self-test for Covid-19 before boarding a flight to the U.S., as required by federal government regulation since last December.

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Deepak Chopra and European investors back new wellness start-up as it prepares for M&A spree

The Healing Company has been backed by wellness icon Deepak Chopra, psychedelics entrepreneur Christian Angermayer and Dragons' Den investor Steven Bartlett.

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European probe captures largest solar eruption ever seen from Sun | Watch

European probe captures largest solar eruption ever seen from Sun | Watch

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Singapore hopes to take 'decisive steps' toward easing after omicron peaks, minister says

Singapore's Covid cases surged to a record high last week, but its finance minister says the country is "quietly confident" about handling the omicron variant.

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UK to roll out additional Covid vaccine shot for over 75s and vulnerable people within weeks

The U.K. will roll out an additional Covid vaccine shot for the elderly and its clinically vulnerable population.

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UK PM Boris Johnson to lift all remaining Covid restrictions in England

U.K. Prime Minister Boris Johnson on Monday is expected to announce an end to all remaining Covid legal restrictions in England.

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Warby Parker has big growth plans. But analysts are split on its bid to take on EssilorLuxottica

While EssilorLuxottica has a much larger market capitalization than Warby Parker, the smaller company says it can grow "faster than the overall industry."

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Indonesia relies heavily on China's Sinovac vaccine. A new wave of infections puts it to the test

Indonesia hit a daily record high of more than 64,000 cases last week, superseding daily infections in the previous wave which peaked just under 57,000 in July.

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Britain's Queen Elizabeth II, world's longest-serving monarch, tests positive for Covid; symptoms are mild

Queen Elizabeth II tested positive for Covid-19 on Sunday and is experiencing mild, cold-like symptoms, Buckingham Palace said.

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Chinese cities announce rewards for tip-offs on Hong Kongers fleeing Covid-19

Chinese cities announce rewards for tip-offs on Hong Kongers fleeing Covid-19

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What the Club's watching Friday afternoon — including an example of Disney's pricing prowess

Also on the list, what we think is an overdone drop in Abbott and a nice follow through rally for Cisco.

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Dr. Scott Gottlieb: My kids won't wear Covid masks in school when mandate lifts later this month

However, the Pfizer director and former FDA chief told CNBC on Friday he'll still wear masks in stores as a courtesy. "It's a matter of etiquette."

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Is it safe to travel if you’re vaccinated, boosted and recovered? Medical experts are divided

Some with so-called "super immunity" believe now is the safest time to travel during the pandemic. Some medical experts agree; others say it may be too soon.

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Hong Kong's health-care system is under 'enormous stress,' says medical expert

Hong Kong is into its fifth wave, driven by the more transmissible omicron strain.

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Where one of UnitedHealth's first tech start-up acquisitions is today

Years ago, UnitedHealth acquired Audax Health, a start-up focused on consumer health tools. Audax no longer exists, but it's part of a bigger idea today.

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California lays out plan to live with Covid for the long-term, fight future surges and new variants

California's plan aims to pick up rising viral transmission early and sequence new variants to determine whether vaccines and therapeutics are still effective.

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U.S. Marine Reservist already charged in Jan. 6 Capitol riot case busted for fake Covid vaccine ID scam

The Defense Department mandated that all service personnel be vaccinated for Covid-19.

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CDC wants to give people a break from wearing masks as pandemic improves, director says

Dr. Rochelle Walensky said the CDC is focusing more on Covid hospitalizations as the guide to whether public health measures should be lifted.

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Restauranteur says he spends around $750,000 on security to deal with unruly diners

"It's difficult for managers," on top of short staffing as well as rising costs and supply chain issues, Cameron Mitchell told CNBC on Wednesday.

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Grief-stricken pet owners usher in Instagram and TikTok's new influencers: Their cloned cats and dogs

Some pet owners are turning to cloning so they never have to say goodbye to their furry friends or their social media following.

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Singapore aims to allow quarantine-free travel for all vaccinated visitors after omicron subsides

Singapore plans to allow vaccinated visitors from all countries to skip quarantine on arrival when the omicron wave has passed, authorities announced Wednesday.

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Moderna CEO says it’s ‘reasonable’ to think pandemic may be in its final stages

"I think that is a reasonable scenario," Moderna's CEO Stephane Bancel said when asked about the whether the Covid-19 pandemic may now be in its final stages.

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Babies are protected from hospitalization for Covid if their moms get vaccinated, study suggests

The CDC found infants were 61% less likely to be hospitalized with Covid if their mothers received Pfizer or Moderna's vaccine while pregnant.

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Senate confirms Biden FDA pick Califf, despite objections to drug industry ties

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Black-led VC fund aims to even the playing field for minority health-tech startups

The Jumpstart Nova fund has raised $55 million from investors including Eli Lilly, HCA Healthcare and Bank of America to invest in Black health-tech firms.

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Moderna, Pfizer stocks fall as Covid omicron wave subsides in U.S.

Moderna plunged more than 12%, the biggest decline in the S&P 500 as of midafternoon Monday.

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Pfizer director Dr. Scott Gottlieb: Shots for kids under 5 delayed due to low Covid cases in trial

"One case in one direction or another can tip the perception of the vaccine's overall effectiveness," said the Pfizer board member and former FDA chief.

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FDA plan to fast-track Pfizer vaccine for kids under 5 fails to deliver, leaving parents waiting until April

Dr. Paul Offit said the expedited plan was based on the assumption the third dose will prove safe and effective, but there's no guarantee that will be the case.

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Pfizer delays its FDA application to expand its Covid vaccine to kids under 5 until April

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No one knows when the pandemic will end after omicron upended most hope of returning to normal

The future course of the pandemic remains uncertain because new variants may emerge as people's immunity to the virus wanes.

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Some European countries are scrapping all Covid rules despite scientists warning it’s too soon

Some European countries are being urged to "have a little more patience" as Covid restrictions are lifted.

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FDA committee votes against Eli Lilly cancer treatment over concerns trials conducted only in China

FDA committee members said the trial population of mostly Asian men did not represent the diversity of U.S. patients.

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Connecticut governor says Covid mask mandate can be lifted because 'hospitals aren't overwhelmed'

"The most important metric for me is hospitalizations. We want to make sure our hospitals aren't overwhelmed," Gov. Ned Lamont told CNBC on Thursday.

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Last responders: Mental health damage from Covid could last a generation, professionals say

Many psychologists and psychiatrists have reported an influx in people seeking mental health support during the pandemic.

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CNBC Investing Club: Bausch drops details on one of its planned IPOs that will unlock value

As Club members know, we're looking to these IPOs as a means of unlocking value by separating the three core operating business.

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The CDC still needs to approve young kids' Covid shots, but it's telling health agencies to expect delivery by Feb. 21

State and local health officials can start preordering the first doses on Feb. 7 and will start receiving vaccine shipments on Presidents' Day.

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CVS fourth-quarter earnings top expectations as Covid tests lift overall store sales

CVS Health said demand for at-home Covid tests and booster shots lifted overall store sales, helping the company top expectations for fourth-quarter earnings.

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Johnson & Johnson plant pauses Covid vaccine production, report says

The only Johnson & Johnson facility making usable batches of the company's Covid vaccine has temporarily halted its production, The New York Times reported.

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A 'money disorder' may be behind your growing debt — Here's how to know if you have a problem

"Money disorders" is an umbrella term for recurring problems people have with their finances. Here's how to identify if you have a problem.

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Amazon rolls out its telehealth service nationwide

Amazon is launching its telehealth program, known as Amazon Care, nationwide and has signed up a handful of new companies to use its services.

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Drug overdoses are costing the U.S. economy $1 trillion a year, government report estimates

U.S. government officials said synthetic opioids are akin to “a slow-motion weapon of mass destruction.”

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How remote work and social media are creating a plastic surgery boom

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Pfizer expects $54 billion in 2022 sales on Covid vaccine and treatment pill

Pfizer expects to sell $32 billion of its Covid-19 shots and $22 billion of its antiviral coronavirus treatment pill Paxlovid.

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Delhi logs 1,151 new Covid cases, 15 more deaths; positivity rate 2.62 pc

Delhi logs 1,151 new Covid cases, 15 more deaths; positivity rate 2.62 pc

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China's zero-Covid strategy 'won't work' against omicron, says U.S. epidemiologist

Beijing may not be able to use the same "authoritarian approaches" against omicron because this variant is unlike the others, says a top U.S. epidemiologist.

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Though rare, Moderna Covid vaccine recipients have higher risk of heart inflammation than Pfizer

A CDC survey of health-care providers found that 81% of their patients who developed myocarditis after vaccination completely or probably recovered.

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India's Covid death toll crosses 5-lakh mark

India's Covid death toll crosses 5-lakh mark

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Moderna's Covid vaccine for teens awaits OK as regulators review heart inflammation risk

Moderna applied for emergency approval of its Covid vaccine for 12- to 17-year-olds in June, but the FDA said its review wouldn't be completed before January.

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It’s time to ‘move on’ from the pandemic, says Harvard medical professor

Many pandemic protocols are ineffective public health measures and the risk perception among the vaccinated is “way off," said Harvard's Dr. Stefanos Kales.

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Actress Elizabeth Hurley says cancer awareness now 'more vital than it's ever been'

Actress, model, businesswoman and philanthropist, Elizabeth Hurley, told CNBC that the Covid-19 pandemic has been an "incredibly challenging" time for cancer patients.

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Going abroad? Your destination may require travel insurance

About a dozen countries have added an insurance mandate for tourists during the pandemic era, to cover costs related to Covid-19.

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Cramer's Investing Club: Buy Eli Lilly's drop on drug delay news because it won't matter long term

We see the pushback of donanemab's accelerated approval submission as just a speed bump.

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Merck expects to sell $5 billion to $6 billion of its new Covid treatment pill in 2022

CEO Rob Davis said Merck is on track to fulfill its commitment in the coming days of delivering 3.1 million courses of its Covid treatment pill to the U.S.

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The at-home testing industry, from Covid to cancer, may be worth over $2 billion by 2025

The emerging marketplace of consumer-initiated lab testing may be worth more than $2 billion by 2025, according to Quest Diagnostics.

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Kerala, Mizoram still seeing surge in Covid cases, positivity rate; 76% eligible population fully vaccinated

Kerala, Mizoram still seeing surge in Covid cases, positivity rate

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Why do some people get Covid when others don't? Here’s what we know so far

An increasing amount of research is being devoted to the reasons why some people never seem to get Covid — a so-called "never Covid" cohort.

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Airlines, travel groups ask Biden administration to drop Covid testing before international flights

The U.K. took a similar step that takes effect later this month.

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Democratic Sen. Ben Ray Lujan expected back to work in 4-6 weeks after surgery for stroke

As Lujan recovers, President Biden and Democrats are working to nominate and confirm a new Supreme Court justice following news of Stephen Breyer's retirement.

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Cramer's Investing Club: We're encouraged AbbVie shares held recent gains after a mixed quarter

Despite some spotty results here and there, we saw strength in all the right places in AbbVie's fourth-quarter earnings report.

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Dr. Scott Gottlieb says it’s time to consider dumping school Covid mask mandates

"We're going to probably have to tolerate, and probably should, a higher level of baseline spread," the former FDA chief told CNBC on Wednesday.

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Calm app acquires Ripple Health Group and appoints a new CEO

David Ko, CEO and co-founder of Ripple Health Group, will join relaxation app Calm as co-CEO upon the company's acquisition of Ripple.

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These countries have the lowest Covid vaccination rates in the world

In low-income countries, just 5.5% of people have been fully vaccinated against the coronavirus.

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Covid will always be an epidemic virus — not an endemic one, scientist warns

Covid-19 will never become an endemic illness and will always behave like an epidemic virus, an expert in biosecurity has warned.

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Pfizer asks FDA to expand use of Covid vaccine to kids under 5

Parents are anxiously awaiting the vaccine for younger children as the omicron variant sweeps across the nation, causing an unprecedented wave of infection.

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Democratic Sen. Ben Ray Lujan suffered a stroke, which could complicate Biden's Supreme Court plans

Sen. Ben Ray Lujan, a Democrat, is "expected to make a full recovery" after suffering a stroke in his cerebellum, his chief of staff said in a statement.

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WHO says the new omicron subvariant doesn't appear to be more severe than the original

Vaccines remain effective at preventing severe disease and death from omicron and all of its subvariants, the WHO said.

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U.S. Covid fatalities reach highest level in a year as omicron cases subside

Vaccines weren't widely available the last time Covid deaths were this high in America.

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George Soros says leadership of China’s Xi threatened by omicron and real-estate crisis

The billionaire investor and philanthropist argued that the omicron Covid-19 variant "threatens to be Xi's undoing."

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