COVID-19

COVID-19 is caused by a coronavirus called SARS-CoV-2. Older adults and people who have severe underlying medical conditions like heart or lung disease or diabetes seem to be at higher risk for developing more serious complications from COVID-19 illness.

(source: cdc.gov)

Justice Department Charges 18 in Sweeping COVID Fraud Action
Justice Department Charges 18 in Sweeping COVID Fraud Action
April 20, 2023  |  Security & Fraud

Federal officials have charged 18 people in a wide-ranging series of COVID fraud cases. The defendants are accused of taking part in a variety of...

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Emerging Economies Face FX Challenges
Emerging Economies Face FX Challenges
April 09, 2023  |  Economy

Most of the world’s developing economies saw foreign exchange reserves dwindle during the COVID-19 pandemic. That’s according to a report Sunday (April 9) by the...

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NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
March 06, 2023  |  Retail

Retailers looking to reduce shoplifting should require customers to remove face masks when entering the store. So said New York City Mayor Eric Adams on...

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President Biden Proposes $1.6B to Fight Pandemic-Related Fraud
President Biden Proposes $1.6B to Fight Pandemic-Related Fraud
March 02, 2023  |  Security & Fraud

The Biden administration wants congressional approval for a $1.6 billion plan tackling COVID-related fraud. The proposal, announced Thursday (March 2), would prosecute people who committed...

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Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
November 17, 2022  |  Biometrics

While apparently attempting to promote the need for its identity verification services, facial recognition company ID.me overstated the amount of fraud around pandemic-related federal funds...

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Reports: COVID Curtails iPhone Production in China
Reports: COVID Curtails iPhone Production in China
October 31, 2022  |  Apple

Foxconn, Apple’s chief iPhone assembler, is moving operations to other parts of China to deal with a growing COVID outbreak, a move that could drastically...

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Social Distancing Still Keeping 3M Americans out of Work
Social Distancing Still Keeping 3M Americans out of Work
October 28, 2022  |  Coronavirus

COVID changed everything. From consumption patterns to communication standards, the idea that changes resulting from the events of 2020 and 2021 would disappear as soon...

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J&J Sees Q3 Boost as Consumers Resume Elective Surgeries
J&J Sees Q3 Boost as Consumers Resume Elective Surgeries
October 18, 2022  |  Earnings

Healthcare giant Johnson & Johnson (J&J) said Tuesday (Oct. 18) that strong pharmaceutical sales and a recovery in medical procedures helped offset economic headwinds and...

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Card Issuers See Upswing in Borrowing
Card Issuers See Upswing in Borrowing
September 18, 2022  |  Credit Cards

Consumers unleashed from COVID-19 restrictions and confronting inflation-boosted prices are back to using their credit cards near pre-pandemic levels, Seeking Alpha reported Sunday (Sept. 18)....

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