News Daypop Archives

15 Children Identified With Rare COVID-Related Condition

At least 15 children in New York City have been hospitalized with a mysterious illness believed to be linked to COVID-19. Ranging in age from 2 to 15 years old, the children have shown symptoms consistent with other inflammatory illnesses, such as Kawasaki disease and toxic shock-like syndrome, which affect the heart and blood vessels. Other cases of what’s now being called “pediatric multisystem inflammatory syndrome” have also been reported in Europe. ...Read more

Students At 26 Universities File Lawsuits Seeking Refunds

Students at more than 25 U.S. universities are filing lawsuits against their schools demanding partial refunds on tuition and campus fees, claiming they are not receiving the “caliber of education they were promised.”  Schools scrambled to create as the coronavirus forced campuses across the nation to close last month. The suits say students should pay lower rates for the portion of the term that was offered online, arguing that the quality of instruction is far below the classroom experience. ...Read more

Asian Giant “Murder” Hornet Discovered In U.S.

The invasion of Asian giant hornets started trending over the weekend, with the term “murder hornet” being used on social media platforms. The first spotting of the 2-inch Asian giant hornet, or vespa mandarinia, was verified in the United States in December, according to the Washington state Agriculture Department. The insect does not generally target people or pets, but it is a deadly threat to honeybee hives. ...Read more

Amazon’s Sales Jump Due To Surge In Online Shopping During Pandemic

Amazon recorded a 26% increase in sales driven by a surge in shopping by consumers worried about leaving home during the coronavirus pandemic. Chief executive Jeff Bezos said in a statement that Amazon intends to ramp up spending to address the challenges and business opportunities presented by the coronavirus, adding, “If you’re a shareowner in Amazon, you may want to take a seat, because we’re not thinking small.” ...Read more

Federal Reserve Set To Maintain 0% Interest Rates Until Stability Is Reached

Federal Reserve maintained its current fed funds target range of 0% to 0.25% on Wednesday, as the U.S. economy continues to struggle to manage the COVID-19 coronavirus outbreak.” data-reactid=”19″ type=”text”>The U.S. Federal Reserve maintained its current fed funds target range of 0% to 0.25% on Wednesday, as the U.S. economy continues to struggle amid the COVID-19 coronavirus outbreak. The Fed said in a statement: “The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.” All 10 Fed members voted unanimously to maintain current rates. ...Read more