Government borrowing fell in April as UK reopened
Government borrowing fell in April compared with the same month last year, as parts of the economy reopened after lockdown measures eased.
UK tourism spending ‘worth just half of pre-pandemic level
Britain's tourism industry is a huge driver of our economy but has faced many challenges over the past year," said tourism minister Nigel Huddleston.
US business groups team up to oppose tax rise proposals
Twenty eight industry groups have now created an alliance called "America's Job Creators for a Strong Recovery
Iran bans cryptocurrency mining for four months after blackouts
Bitcoin operates on the blockchain, a digital ledger of transactions. Miners audit Bitcoin transactions in exchange for an opportunity to acquire the digital currency. It requires enormous computing power, which in turn uses huge amounts of electricity.
Why the next stage of capitalism is coming
However, the story is not universally positive. In recent years, capitalism's shortcomings have become ever-more apparent.
Moderna vaccine ‘highly effective’ in teens
Moderna says it will soon submit the data to regulators globally to seek approval for use in teens.
Vaccine a tough sell in NYC’s Far Rockaway
The situation in the community of around 67,000 people illustrates the challenges facing health officials in many places as they try to overcome hesitancy fueled by mistrust, misinformation and fear.
CDC approves test sail for Royal Caribbean cruise line, the first as COVID-19 cases drop
Shares in the major cruise line companies started to decline in February 2020 as the virus spread and hit bottom in mid-March when the U.S. economy effectively shut down. Companies have suffered billions in losses this year, wiping out more than 70% of their value.
Biden asks US intel community to investigate COVID-19 origin
Republicans, including former President Donald Trump, have promoted the theory that the virus emerged from a laboratory accident, rather than naturally through human contact with an infected animal.
Colorado joins Ohio in offering $1M COVID-19 vaccine lottery
Officials will select a new winner every week for five weeks on June 4, June 11, June 18, June 25 and July 7, according to the state's website.