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Covid-19: C.D.C. Guidance Prompts Caution in Some States Last Updated May 14, 2021, 1:13 a.m. ETMay 14, 2021, 1:13 a.m. ET Since many states led by Republicans had already eased masking rules, reactions were more obvious in Democratic-led states. The U.S. began the world’s first mass inoculation effort in 12- to 15-year-olds, underscoring the widening gulf in global access to shots. Here’s what you need to know: University of Missouri students ordering in a restaurant last week. Masks will no longer be required indoors for the vaccinated.Credit.Jacob Moscovitch for The New York Times “We have all longed for this moment,” Dr. Rochelle P. Walensky, the director of the Centers for Disease Control and Prevention, said at a White House news conference on Thursday. “If you are fully vaccinated, you can start doing the things that you had stopped doing because of the pandemic.” ....
Euro little fazed as ECB’s Lagarde dismisses taper talk MarketWatch 1 hr ago MARKET EXTRA Questions about how long and how fast the European Central Bank will keep conducting the bond purchases at the heart of its aggressively easy monetary policy stance were front and center Thursday following a steady-as-she-goes meeting of policy makers. ECB President Christine Lagarde said the Governing Council didn’t discuss phasing out its massive pandemic emergency purchase program, saying such a move would be “simply premature.” The focus on a potential tapering of the program, which has 1.85 trillion euros ($1.22 trillion) in firepower, came after some ECB officials had signaled the potential to begin winding down the program next quarter. ....
$900 Billion Pandemic Relief Deal Takes Shape Last Updated This briefing has ended. Follow our latest coverage of Here’s what you need to know: -0:00 Stimulus Negotiations Have Made ‘Major Headway,’ McConnell Says Senator Mitch McConnell, the majority leader, said congressional leaders are approaching agreement on a roughly $900 billion coronavirus relief package. The Democratic leader and I worked into the evening alongside the speaker of the House and the House Republican leader. We made major headway toward hammering out a targeted pandemic relief package that would be able to pass both chambers with bipartisan majorities. We committed to continuing these urgent discussions until we have an agreement. And we agreed we will not leave town until we’ve made law. The American people need more help. It’s that simple. Further targeted relief is now months overdue. We need vaccine distribution money. We need to re-up the Paycheck Protection Progr ....