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Indian Covid Strain: India is grappling with a devastating second wave of coronavirus that’s far more fatal than the first — and scientists say the surge could be partially due to mutating strain. The World Health Organization just reclassified the B.1.617 strain, which was first identified in India, as a “variant of concern” — which indicates that the variant has the “highest public health implications.”
Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up more than 400% so far this year. While it is easier than ever to buy a fraction of one ether using an app such as Coinbase, that is not the only way to get your hands on crypto cash. You can also mine for it.
Covid is “permanent” and subsequent waves of infections will be a normal occurrence in the coming years, Singapore’s Foreign Minister Vivian Balakrishnan told CNBC. “Covid-19 is endemic in humanity, which means it’s not ever going to go away completely,” Balakrishnan told CNBC’s “Squawk Box Asia” on Monday.
White House chief medical advisor Dr. Anthony Fauci said Sunday that people may decide to wear face masks during certain seasons when respiratory illnesses are more prevalent.
Dogecoin: Maybe you’ve seen one too many headlines about the explosive rise in value of dogecoin, or heard one too many stories about someone making a life-changing profit off the cryptocurrency, and now you’re ready to get in.
President Joe Biden is now considering whether or not to reduce or eliminate those burdens by forgiving student debt. Outstanding student loan debt in the U.S. has climbed to $1.7 trillion, a balance that is not evenly distributed among college graduates. Certain groups are far more burdened than others.
Sen. Elizabeth Warren is not easing up on her campaign to get President Joe Biden to forgive student debt. The Massachusetts Democrat and Senate Majority Leader Chuck Schumer, D-N.Y., have led members of the president’s party in urging him to cancel up to $50,000 in federal student loans per borrower.