Category

Pandemic

Trump administration cancels $766 million Moderna contract to fight future pandemics including bird flu Pandemic

Trump administration cancels $766 million Moderna contract to fight future pandemics including bird flu

The Trump administration has canceled $766 million awarded to drugmaker Moderna Inc. to develop a vaccine against potential pandemic influenza viruses, including the H5N1 bird flu. The company said it was notified Wednesday that the Health and Human Services Department had withdrawn funds awarded in July 2024 and in January…
bubmag
May 29, 2025
Redfin Reports Investor Purchases of Condos Fall to Lowest Level in 10 Years, Aside From Start of Pandemic Pandemic

Redfin Reports Investor Purchases of Condos Fall to Lowest Level in 10 Years, Aside From Start of Pandemic

Overall investor purchases are increasing slightly, but investors are backing away from condos as it becomes harder to make money by renting them out—especially in Florida SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) —U.S. real estate investors purchased 46,726 homes in the first quarter, up 2% year over year. That’s according to a…
bubmag
May 28, 2025
White House cuts $400 million in aid for state unemployment systems Pandemic

White House cuts $400 million in aid for state unemployment systems

The White House is terminating $400 million in funds for states meant to modernize their unemployment insurance systems.Why it matters: These systems fell apart when unemployment soared in the pandemic, leading to rampant fraud and delays for beneficiaries.Without updates, similar problems could be on tap for the next recession.Zoom out:…
bubmag
May 28, 2025