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Politics

Fb chief Mark Zuckerberg odd Fourth of July Instagram put up

Facebook CEO Mark Zuckerberg rides an electric surfboard holding the American flag. July 4, 2021.

Mark Zuckerberg, Instagram

Make America Weird Again.

Facebook CEO Mark Zuckerberg on Sunday posted a wacky American-flag waving, surfboard-riding video on Instagram to celebrate Independence Day.

“Happy July 4th!” Zuckerberg wrote on the post of the video.

It features him deftly skimming along atop an electric foil surfboard on an idyllic-looking lake, toting the Stars and Stripes as John Denver’s anthem to West Virginia, “Take Me Home, Country Roads” plays as a soundtrack.

Facebook, which the 37-year-old mega-billionaire co-founded, owns Instagram.

“This is some meme materials,” one follower of “Zuck” wrote in response to the post.

“Fantastic!” another follower wrote.

A third wrote, “When you get your antitrust lawsuit thrown about by a judge. Let’s GOOOOO Zuck!

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Health

Why U.S. will not hit Fourth of July objectives

Biden’s government says it will miss its July 4th vaccination target

All that free beer, donuts, and baseball tickets won’t be enough to keep up with the pace of vaccinations.

President Joe Biden’s goal of getting at least one shot in the arms of 70% of US adults before the July 4th holidays is missed.

According to a CNBC analysis of CDC data, by then about 67% of adults will be at least partially vaccinated at the current vaccination rate.

Zoom In Icon Arrows pointing outwards

The president said he hoped Independence Day would mark a turning point in the pandemic.

Yet vaccination efforts have come up against a wall in some states, despite the fact that the Delta variant of the disease is rapidly spreading across the country.

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From Krispy Kreme to cold money, there is now no shortage of incentives to entice Americans into the Covid vaccine. But vaccination rates stay below 70% and are likely to stay there, according to Iwan Barrankay, professor of business and public policy at Wharton.

“These incentives are a great idea and they are very engaging, but there is simply no evidence that these incentives address the barriers,” Barankay said.

“We get into a population of people who are vehemently against it or who have a life situation that is too complicated,” he said. This group will not be swayed by vaccine sweeteners like cash gifts, sports tickets and free food, he added.

For some, socio-economic barriers remain, such as childcare or time off work to get vaccinated.

Barrankay has spent years researching what works to encourage patients to take their medication. Financial incentives are not compelling for patients with complicated lives, he said. Low income, inadequate housing, lack of transportation, and caring for others in the household are all factors that can get in the way.

In some cases, there is no incentive that you can offer people.

Ivan Barankay

Wharton professor

For others, there are also behavioral barriers, including skepticism about the vaccine, that can be even more difficult to overcome.

“In some cases, there is no incentive you can give people,” Barankay said.

Some Americans, especially those in black, Hispanic, and rural communities, are more reluctant to get Covid vaccinations.

“People are influenced by others around them,” said Barrankay. “If you can change someone’s behavior in a community, it has a multiplier effect, but it is much more difficult work.”

Still, as vaccination rates plateau, public and private groups continue to increase the stakes – from million dollar payouts and even marijuana or a lap around a NASCAR track – to encourage more vaccinations.

In May, Maryland hosted the first of its $ 40,000 lottery draws for people who were vaccinated. Forty consecutive days of the drawing for a prize of $ 40,000 will end on July 4th with a final drawing for a payout of $ 400,000.

Ohio also hosts a series of cash prize draws with its own “Vax-a-Million” contest.

In the private sector, Krispy Kreme was one of the first in March to introduce a nationwide Covid vaccine incentive, offering a free glazed donut to every adult with a vaccination card. The company said it has already given away more than 1.5 million donuts. (The offer is still valid for the rest of the year.)

And Anheuser-Busch recently said it would buy “a round of beer” to anyone over the age of 21 once Biden’s 70% target is reached on July 4th.

A handful of states have reported that vaccination incentive programs have increased local vaccination rates in some populations following recent declines.

For its part, Ohio said its vaccination rates doubled in some counties after the state vaccine lottery was announced.

Recent data shows that the Gambit could be effective with certain groups and have few overall drawbacks, according to a Morning Consult report.

The survey of 2,200 adults, including nearly 1,600 unvaccinated people, found that men are more likely than women to say that these offers would get them to sign up for a vaccination.

Democrats, more than Republicans, also said they were more likely to get vaccinated if they could get free goods or services, and when broken down by generations, millennials were the most likely to say that certain freebies would encourage them to get vaccinated.

A separate survey by Blackhawk Network found that money is the most popular motivator over a sweepstakes, paid time off, free food or drink, or other commodity.

About 66% of unvaccinated adults said they would accept a monetary incentive, and 44% said they would even get vaccinated for $ 100 or less. Blackhawk Network surveyed more than 3,000 adults in June.

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Health

Covid danger low for many People to assemble over Fourth of July weekend, Gottlieb says

Dr. Scott Gottlieb told CNBC on Friday that most Americans should be comfortable gathering together safely on Independence Day weekend, citing high Covid vaccination rates and low virus infection rates in many parts of the country.

However, the former Commissioner of the Food and Drug Administration said there are certain places where people should be more careful.

“There is a very low prevalence across the country. You have to be based on where you are, ”said Gottlieb in“ Squawk Box ”. He noted that in his home state of Connecticut, new daily cases are small, “so it’s a pretty safe environment to get together right now.”

“In some parts of the country where prevalence is increasing – Missouri, parts of Nevada, Arkansas, Oklahoma – I think people should exercise more caution,” added Gottlieb, who sits on the board of directors at Covid vaccine maker Pfizer.

Gottlieb’s comments come before the July 4th weekend as U.S. health officials closely monitor the Covid Delta variant, which is believed to be significantly more transmissible than dominant strains earlier in the pandemic.

Coronavirus cases in the country are dramatically lower than their peak in January when the country recorded over 300,000 new infections in a single day, but has been trending upward in recent days, according to a CNBC analysis of Johns Hopkins University data.

The US recorded an average of about 12,700 new Covid cases per day in the past week, the analysis showed. That’s 9% more than a week ago.

“We don’t want to worry people, but we’re following these numbers very, very carefully,” said CDC Director Dr. Rochelle Walensky NBC News after a White House briefing Thursday.

The number of deaths continues to decline. The seven-day average of new Covid deaths is 249, according to CNBC analysis, a 19% decrease from a week earlier.

“There are kind of isolated parts of the country where the number of infections is increasing. The rest of the country looks very good,” said Gottlieb. “I think what you are seeing is a decoupling between places with high vaccination rates and places with low vaccination rates. You also see, frankly, a decoupling between the cases and extreme death and the disease that caused this virus.”

In countries with high vaccination rates, but also increasing cases due to the Delta variant, such as Great Britain and Israel, “hospitals and deaths are no longer increasing” as they did earlier in the global health crisis, said Gottlieb.

“For a while, we thought it was just the delayed effect where hospital admissions weren’t seen until three or four weeks after the number of cases rose, just like deaths,” said Gottlieb, who headed the FDA from 2017 to 2017 2019 in the Trump administration.

“But at this point we have enough trending to suggest that now you will only see decoupling and not see the extreme results of the virus in parts of the world where vaccination rates are high. and that includes the United States. “

Because of this, Gottlieb said, it’s important to make sure more Americans get a coronavirus vaccine, which will reduce both the spread of the virus and the risk of getting seriously ill or dying from the disease.

Nearly 156 million Americans are fully vaccinated, according to the CDC. Just over 181 million people have received at least one dose; Pfizer and Moderna vaccines require two vaccines while Johnson & Johnson’s are a single dose.

However, there are geographical gaps in vaccination coverage. CDC’s Walensky said Thursday that fewer than 30% of residents are vaccinated in about 1,000 U.S. counties, most of which are in the Southeast and Midwest.

Overall, 47% of the US population is fully vaccinated.

“Preliminary data for the past six months suggests that 99.5% of deaths from Covid-19 in the US have occurred in unvaccinated people … the suffering and loss we see now are almost entirely preventable,” Walensky said .

Gottlieb said despite being fully vaccinated, he is still looking for ways to be cautious as the pandemic is not completely lagging behind the country.

“For example, if I am going to a restaurant and there is an opportunity to sit outside, I will eat outside. I think where you can be a kind of nervous Bayesian and lower your statistical probability of coming into contact with the virus, why not? ”Said Gottlieb. “But I wouldn’t hold back from meeting friends and family on this holiday because the virus is spreading in very small numbers in certain parts of the country.”

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Health

5 issues to know earlier than the inventory market opens Friday, July 2

Here are the top news, trends, and analysis investors need to start their trading day:

1. Stock futures rise according to the June job report

Traders work on the floor of the New York Stock Exchange on November 4th. 2020.

NYSE

US stock futures rose Friday morning following the release of the better-than-expected June job report. All major street indices closed on Green Thursday as Wall Street got off to a positive start into the second half of 2021 after a strong first half. The S&P 500 rose 0.5% to 4,319.94, its sixth record high in a row. The Dow Jones Industrial Average added 131 points, ending the session at 34,633.53. The 30-person Dow has risen three sessions in a row and is at its highest level since June 4th. The tech-heavy Nasdaq rose 0.13% to 14,522.38 on Thursday. The key averages are all positive for the week and at the level of their second consecutive weekly gain.

2. The US created 850,000 jobs in June

A company is advertising an Aid sign on April 9, 2021 in Pawtucket, Rhode Island.

Spencer Platt | Getty Images

The number of employees outside the agricultural sector rose by 850,000 in June, the Ministry of Labor said on Friday. The number is better than the 706,000 jobs economists were expecting, Dow Jones estimates. However, the unemployment rate rose to 5.9%, while the projections forecast a decline to 5.6%. Average hourly wages rose 0.33% in June and 3.6% year-on-year; both numbers correspond to the estimates. The Department of Labor’s April and May employment reports fell short of Wall Street’s expectations as companies across all industries said they were having difficulty filling vacancies.

3. Robinhood applies for the highly anticipated IPO

Pavlo Gonchar | LightRakete | Getty Images

In its highly anticipated IPO on Thursday, Robinhood Markets announced that it has 18 million retail clients and more than $ 80 billion in client assets. The free stock trading pioneer said it was profitable in 2020, posting net income of $ 7.45 million on net sales of $ 959 million as the number of accounts funded more than doubled that year. In 2019, Robinhood lost $ 107 million on net sales of $ 278 million.

Robinhood ended the first three months of this year in a loss of $ 1.4 billion, related to the emergency funding it closed during the peak of the Reddit-fueled GameStop madness in January. Revenue for the quarter rose 309% to $ 522 million, compared to $ 128 million in the first quarter of 2020. Approximately 38% of Robinhood’s revenue comes from options trading accounts. Stocks make up 25% of sales, while crypto makes up 17%.

Founded in 2013, the company plans to raise $ 100 million when it goes public. It intends to list on the Nasdaq and trade under the ticker “HOOD”.

4. Virgin Galactic plans to launch Richard Branson on July 11th

Sir Richard Branson stands on the trading floor of the New York Stock Exchange (NYSE) in front of the trading of Virgin Galactic (SPCE) in New York, USA, 28 October 2019.

Richard Branson Virgin Galactic IPO NYSE

Space tourism company Virgin Galactic has scheduled its next test flight for July 11th and company founder Sir Richard Branson intends to be on board. The timing is particularly noteworthy as British billionaire Jeff Bezos plans to launch into space. The Amazon founder and richest person in the world is due to launch his own company Blue Origin on July 20th. Virgin Galactic’s shares rose about 30% in pre-trading hours to about $ 56 each. The planned launch will be Virgin Galactic’s fourth test space flight to date. Branson founded Virgin Galactic in 2004 and the company began trading on the New York Stock Exchange in October 2019.

5. Toyota outperforms GM in the US for the first time in a quarter

A Toyota Tundra pickup truck is seen at a dealership in San Jose, California.

Yichuan Cao | NurPhoto | Getty Images

Toyota Motor sold more vehicles in the US than General Motors in the second quarter. This is the first time the Japanese automaker has done this in a three-month period. On Thursday, Toyota said it had sold 688,813 vehicles in America from April to June, almost ousting GM’s 688,236 vehicles. Toyota’s results exceeded analysts’ expectations; GMs fell short. Toyota may become the best-selling automaker in the US, depending on where Ford’s results come in. GM’s Crosstown rival reported the number on Friday morning, and analysts are forecasting US sales of 645,000 vehicles in the second quarter. The last time GM wasn’t America’s best-selling automaker for a quarter was in the third quarter of 1998 when Ford oversold them, according to Edmunds.

The automotive industry has coped with semiconductor shortages and messed up production schedules at a time when consumer demand for new vehicles was strong. Toyota and other Japanese automakers have weathered the chip crisis better than their US rivals so far.

Correction: The Nasdaq closed at 14.522.38 on Thursday. In a previous version the number was incorrectly specified.

– Follow the whole market like a pro on CNBC Pro. Get the latest on the pandemic with coronavirus coverage from CNBC.

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World News

Virgin Galactic to launch Richard Branson on July 11, aiming to beat Jeff Bezos to house

The founder of Virgin, Sir Richard Branson, in Sydney, Australia.

James D. Morgan | Getty Images

Virgin Galactic announced Thursday that the space tourism company will attempt to launch its next test space flight with founder Sir Richard Branson on July 11th.

Branson wants to knock his billionaire Jeff Bezos into space, because he wants to start his own company Blue Origin on July 20th.

“After more than 16 years of research, development and testing, Virgin Galactic is at the forefront of a new commercial space industry that will open space to mankind and change the world forever,” Branson said in a statement. “I am honored to confirm the journey of our future astronauts and make sure we deliver the unique customer experience that people have come to expect from Virgin.”

This will be Virgin Galactic’s fourth test space flight to date and its first mission with a crew of four on board as the company launched its final space flight on May 22 with just two pilots.

Virgin Galactic’s shares rose 20% during after-hours trading, from $ 43.19 on Thursday’s closing.

In addition to Branson, three Virgin Galactic mission specialists will be present: Chief Astronaut Instructor Beth Moses, Senior Operations Engineer Colin Bennett, and VP of Government Affairs Sirisha Bandla. Virgin Galactic pilots Dave Mackay and Michael Masucci will fly the company’s VSS Unity spacecraft.

Virgin Galactic says it will live stream the space flight for the first time, a feed that will be available on Twitter, YouTube and Facebook.

On June 25, the company announced that the Federal Aviation Administration had granted a license to fly passengers on future space flights and Virgin plans to begin flying paying passengers in early 2022.

Branson founded Virgin Galactic in 2004 to build a space tourism company. The company’s spacecraft takes off from a carrier aircraft before accelerating to more than three times the speed of sound.

The Virgin Galactic spacecraft then spends a few minutes in weightlessness over 50 miles (80 kilometers) – the limit the US officially recognizes as space – before slowly turning around and sliding back to Earth to land on a runway.

Virgin Galactic only competes with Bezos’ Blue Origin in suborbital space tourism, as Elon Musk’s SpaceX puts passengers into orbit on longer journeys, such as to the International Space Station.

In June, Bezos announced that it would be flying Blue Origin’s first passenger flight on the New Shepard rocket. Bezos is slated to hit the market on July 20 and will fly with his brother Mark, winner of a $ 28 million public auction, and legendary aerospace pioneer Wally Funk.

This is the latest news. Please check again for updates.

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Health

5 issues to know earlier than the inventory market opens Thursday, July 1

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Stock futures steady after turning in a strong first half of 2021

The New York Stock Exchange welcomes executives and guests of Clear Secure, Inc. (NYSE: YOU), on June 30, 2021, in celebration of its Initial Public Offering.

NYSE

U.S. stock futures were steady Thursday on the first day of the third quarter on Wall Street. Investors hope the second half of 2021 remains as strong as the first half. The Dow Jones Industrial Average on Wednesday rose 210 points, moving within 0.8% of its latest record close in early May. Dow stock Walgreens Boots Alliance rose about 2% in the premarket after the drug store chain reported strong quarterly results and outlook. It also unveiled more details about its turnaround strategy. The S&P 500 on Wednesday ticked higher for its fifth-straight record close. The Nasdaq fell slightly from a record close in the prior session.

2. Wall Street’s June, second-quarter and year-to-date numbers

Wednesday was the last day of June, the second quarter, and the first half of the year.

  • Ahead of the new trading day, the S&P 500 was up 14.4% year to date. The Dow and Nasdaq were each up more than 12% so far in 2021. The S&P 500 and Nasdaq turned in gains for June. The Dow fell modestly. All three benchmarks were up solidly in the second quarter.
  • U.S. oil prices rose around 2.5% on Thursday to above $75 per barrel, the highest level since 2018. As of Wednesday’s settle, West Texas Intermediate crude was up strongly in June and in the second quarter. WTI has risen more than 51% for the year.
  • Bitcoin fell roughly 3% on Thursday but remained above $33,000. The world’s biggest cryptocurrency by market value, which saw an all-time high in April near $65,000 and recent lows below $29,000 last week, closed out the first half of the year down about 47% from its record.

3. Bond yields tick higher after new Covid-era low jobless claims

The 10-year Treasury yield, which began 2021 below 1% and spiked to 14-month highs above 1.77% in March, ticked higher Thursday to around 1.47%. Investors got another read on the U.S. labor market before the bell. After two straight weeks above 400,000, the government reported a lower-than-expected 364,000 new filings for unemployment benefits for last week, a new pandemic-era low. The government releases its June employment report Friday.

4. Krispy Kreme’s IPO prices below expected range, set to debut again

Krispy Kreme doughnuts go into production at the opening of the store at Harrods in London, Britain, October, 3, 2003.

David Bebber | Reuters

Krispy Kreme returns to the public markets Thursday, the morning after pricing 29.4 million initial public offering shares below the expected range at $17 per share. The IPO raised nearly $500 million, valuing the doughnut chain at $2.7 billion. Krispy Kreme, founded in 1937, was taken private by Keurig-owner JAB Holding in a $1.35 billion deal in 2016. It first went public in 2000. The company is set to begin trading Thursday on the Nasdaq under the ticker symbol “DNUT.”

In what was the biggest U.S. listing by a Chinese company since 2014, ride-hailing giant Didi started trading Wednesday morning and ended the day with a valuation of more than $68 billion. A slew of other firms, including Clear Secure and LegalZoom, popped in debuts Wednesday.

5. Trump Organization and its CFO indicted by Manhattan grand jury

Trump Organization chief financial officer Allen Weisselberg looks on as then-U.S. Republican presidential candidate Donald Trump speaks during a news conference at Trump Tower in Manhattan, New York, May 31, 2016.

Carlo Allegri | Reuters

The Trump Organization’s chief financial officer, Allen Weisselberg, surrendered to the Manhattan district attorney’s office on Thursday after a grand jury indicted him and former President Donald Trump’s company in a criminal case over its business dealings. The indictments against the firm and Weisselberg, handed up by a New York grand jury, are expected to be unsealed in court Thursday afternoon in Manhattan, a Trump representative told NBC News. NBC previously reported the charges center around allegations of Weisselberg and other Trump Organization executives receiving benefits without reporting them properly on their tax returns.

— NBC News and Reuters contributed to this report. Follow all the market action like a pro on CNBC Pro. Get the latest on the pandemic with CNBC’s coronavirus coverage.

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Health

Biden administration says it will not hit Fourth of July objectives

The Biden administration said Tuesday that it is unlikely to meet President Joe Biden’s goal of getting 70% of American adults to receive one or more vaccinations by July 4th.

White House Covid Tsar Jeff Zients said the government has reached its 70 percent target for people 30 and older and is well on its way to achieving it by July 4th for those 27 and older.

“We believe it will take a few more weeks to reach 70% of adults with at least one vaccination, including those aged 18-26,” he said.

Still, Zients insisted that the White House “exceeded our highest expectations” in its vaccination program and achieved a vision for Biden in March of gathering friends and family safely to celebrate the holiday.

Biden set two goals in early May: to have 70% of adults in the United States given at least one vaccination, and to fully vaccinate 160 million American adults by Independence Day.

About 65% of American adults will have had one or more injections by Monday, according to the Centers for Disease Control and Prevention. A CNBC analysis of the CDC data shows that with the current vaccination schedule, about 67% of adults are at least partially vaccinated by the fourth.

According to CDC data, around 144 million people aged 18 and over are fully vaccinated, on the way to reaching around 151 million if the current pace of daily vaccinations reported remains constant.

United States President Joe Biden speaks during an event in the South Court Auditorium of the White House on June 2, 2021 in Washington, DC.

Alex Wong | Getty Images

When Biden first announced his two goals on May 4th, the US was well on its way to scoring both. However, according to CDC data, the vaccination rate has fallen in the weeks since the seven-day average from 2.2 million vaccinations per day in all age groups to 1.1 million on June 21.

The government has easily met its previous vaccination goals in the first 100 days of the president’s tenure. Biden initially targeted 100 million vaccinations in 100 days, which was criticized as being too easy, and achieved it on day 58. The White House raised the target to 200 million vaccinations, which it surpassed on the 92nd day of the presidency.

Amid the vaccination campaign, nationwide case numbers have dropped to levels not seen since the early days of the pandemic, although the risk of disease remains for the unvaccinated.

Zients said many younger Americans are less eager to get a vaccination and stressed the importance of vaccinations for this age group due to the spread of the Delta variant.

Biden warned on Friday that the highly contagious variant, first identified in India, appears to be “particularly dangerous” for young people.

“The data is clear: if you are not vaccinated, there is a risk that you will become seriously ill, or die, or spread,” Biden said during a White House press conference.

Sixteen states and the District of Columbia have already reached Biden’s goal, led by Vermont, Hawaii and Massachusetts, where more than 80% of adults are at least partially vaccinated.

Other states are lagging behind, 17 of which are below the 60% mark. These include Mississippi, Louisiana, Wyoming, and Alabama, each of which less than 50% of its adult residents hit one or more shots.

“Our work doesn’t stop on July 4th or at 70%,” said Zients, calling Biden’s goals a “goal worth striving for in order to make progress in a short period of time.”

“We want every American in every community to be protected and free from fear of the virus,” Zients said.

– CNBC’s Berkeley Lovelace Jr. contributed to this report.

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Politics

The White Home publicly acknowledges the U.S. is prone to miss Biden’s July Four vaccination objective.

The White House on Tuesday publicly acknowledged that President Biden does not expect to meet his goal of having 70 percent of adults at least partially vaccinated by July 4 and will reach that milestone only for those aged 27 and older.

It would be the first time that Mr. Biden has failed to meet a vaccination goal he has set. If the rate of adult vaccinations continues on the current seven-day average, the country will come in just shy of Mr. Biden’s target, with about 67 percent of adults partly vaccinated by July 4, according to a New York Times analysis.

White House officials have argued that falling short by a few percentage points is not significant, given all the progress the nation has made against Covid-19. “We have built an unparalleled, first of its kind nationwide vaccination program,” Jeff Zients, the White House pandemic response coordinator, said at a new briefing. “This is a remarkable achievement.”

In announcing the goal on May 4, Mr. Biden made a personal plea to the unvaccinated, saying getting a shot was a “life and death” choice. According to the latest figures from the Centers for Disease Control and Prevention, 150 million Americans have been fully vaccinated and 177 million have received at least one dose.

But health experts warn that the falloff in the vaccination rate could mean renewed coronavirus outbreaks this winter when cold weather drives people indoors, with high daily death rates in areas where comparatively few people have protected themselves with shots.

“I give credit to the Biden administration for putting in place a mass vaccination program for adults that did not exist,” said Dr. Paul Offit, the director of the Vaccine Education Center at Children’s Hospital of Philadelphia. “But now we’ve hit a wall.”

Unless tens of millions more Americans get vaccinated in the next few months, he said, “I think, come winter, we are going to again see a surge. And that surge is going to occur exactly where you would expect it to occur — in areas that are unvaccinated or under-vaccinated.”

Young adults aged 18 to 26 have so far proven particularly hard to persuade. “The reality is many younger Americans that felt like Covid-19 is not something that impacts them, and they’ve been less eager to get the shot,” Mr. Zients said.

He said it would take “a few extra weeks” to reach more of that group to achieve the goal of 70 percent of adults at least partially vaccinated.

Lazaro Gamio contributed reporting.

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Health

Biden is on observe to fall in need of vaccinating 70% of American adults by the Fourth of July

President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Wednesday, June 2, 2021.

Samuel Corum | Bloomberg | Getty Images

With less than three weeks to go until Independence Day, President Joe Biden’s latest vaccination goals are in jeopardy.

The country is not on pace to hit his two main targets outlined in early May: fully vaccinating 160 million adult Americans and administering at least one shot to 70% of adults across the U.S. by July 4, according to a CNBC analysis of Centers for Disease Control and Prevention data.

About 65% of adults are at least partially vaccinated as of Wednesday, CDC data shows. Roughly 13.6 million would have to receive their first shot over the next 18 days to get that figure to 70%, an average of about 756,000 new vaccinations each day. The U.S., however, is averaging 336,000 newly vaccinated adults per day over the past week.

If the U.S. maintains that latest seven-day average, 67% of adults will be at least partially vaccinated by that day.

When asked about the consequences of missing the 70% target at a news briefing last week, the White House’s chief medical advisor, Dr. Anthony Fauci, said the Fourth of July would not be the end of the country’s vaccination efforts as the risk of infection and illness remains for those who haven’t gotten a shot.

“If you don’t meet the precise goal and you fall short by a few percent, that doesn’t mean you stop in your effort to get people vaccinated,” Fauci said. “We want to reach 70% of the adult population by the Fourth of July. I believe we can, I hope we will, and if we don’t we’re going to continue to keep pushing.”

Fauci emphasized that people who don’t get vaccinated, are still at risk. “If you get vaccinated, you dramatically, dramatically diminish the risk of getting infected and almost eliminate the risk of serious disease,” he said.

Fauci, the nation’s top infectious disease expert, also stressed the importance of vaccination in preventing the delta variant, which was first identified in India and is rapidly emerging as the dominant strain in the U.K, from taking hold in the United States.

White House Covid czar Jeff Zients told reporters Thursday that the U.S. would cross the 70% mark and “continue across the summer months to push beyond 70%,” but did not specify whether he expects the country to reach that mark by the goal deadline.

Biden’s goal of 160 million fully vaccinated adults is also on track to fall short if the pace of shots does not pick up in the next few weeks. Nearly 142 million adults have completed a vaccination program, on pace to land at around 152 million on the Fourth of July assuming the current pace of daily reported vaccinations holds steady.

When Biden first announced the two goals on May 4, the country was on pace to hit both. But the vaccination rate has fallen in the weeks since, from a seven-day average of 2.2 million shots per day across all age groups on the day of the announcement to 1.2 million per day as of June 16, according to the CDC.

The White House has doubled down on recent efforts to boost the vaccination rate. Biden announced June as a “national month of action” in which his administration would mobilize national organizations, community- and faith-based partners, celebrities, athletes, and other influential groups to be part of the vaccination campaign. The White House also asked pharmacies to extend hours for the month of June and partnered with Uber and Lyft to offer free rides to vaccination sites.

States are also offering incentives ranging from free beer to $1 million lotteries to try to convince Americans to get jabbed. 

Though the nationwide rate is still about 5 percentage points away, 14 states and the District of Columbia have already crossed the 70% milestone. New York is the latest to get there, and Gov. Andrew Cuomo announced Tuesday that the state would lift most of its Covid restrictions as a result. 

Other states lag, with 22 of them below the 60% mark. That includes Mississippi, Alabama, Louisiana and Wyoming, which have each reached less than 50% of adult residents with one or more shots.

The U.S. has undoubtedly made progress in fighting Covid, and nationwide case counts are down to levels not seen since the start of the pandemic, which U.S. officials attribute to the country’s vaccination campaign. American life is closer to its pre-pandemic normal than at any point since last March now that the CDC’s lifted most of its mask recommendations and started to ease travel restrictions.

Even so, pockets of the U.S. with low vaccination rates are a risk for the country’s ability to control the pandemic, said Dr. Wafaa El-Sadr, a professor of epidemiology and medicine at Columbia University. 

“Once you have an unvaccinated population, that’s a vulnerable population likely to see surges in cases,” she said. Ongoing spread means the potential for new variants to emerge, with the possibility that one will be able to evade the protection offered by vaccines.

“It is valuable to have aspirations and very ambitious targets ahead of us and I think we should do our best to reach those targets,” El-Sadr said of Biden’s July 4 goals. “If we don’t reach them, it doesn’t mean that we accept it as a failure and stop doing what we’re doing. It means we redouble our efforts.”

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Health

Biden doubles down on U.S. efforts to get extra People vaccinated by the Fourth of July

President Joe Biden speaks on Covid-19 response and vaccinations in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House, in Washington, DC, on June 2, 2021.

Mandel Ngan | AFP | Getty Images

President Joe Biden on Wednesday doubled down on his administration’s efforts to get more Americans vaccinated against Covid-19 by July 4, a date the president has said he hopes will mark a turning point in the pandemic in the U.S.

In early May, Biden announced his administration’s new goals in the fight against the coronavirus: getting 70% of U.S. adults to receive at least one dose of a Covid vaccine and having 160 million adults fully vaccinated by Independence Day.

Speaking from the White House on Wednesday, Biden announced June as the “national month of action” to get more Americans vaccinated by July 4. He urged unvaccinated Americans to get the shots, saying they are still at risk of becoming seriously ill, dying and spreading the disease to others, especially once the U.S. approaches the fall.

“Getting a vaccine is not a partisan act,” Biden said, noting that the Pfizer and Moderna Covid vaccines were authorized under former Republican President Donald Trump.

“I don’t want to see the country that is already divided be divided in a new way: between places where people live free from fear of Covid and places, when the fall arrives, deaths and severe illnesses return,” he said. “The vaccine is free, safe and effective.”

The president outlined his administration’s approach to its nationwide vaccine campaign, which he said would mobilize national organizations, community- and faith-based partners, celebrities, athletes and other influential groups.

In details released ahead of Biden’s speech, the White House also said the administration has asked pharmacies to extend their hours for the month of June and disclosed it is partnering with child-care providers to offer free services to all parents getting vaccinated or recovering from the shots.

KinderCare and Learning Care Group as well as more than 500 YMCAs will offer the child services, Biden said later Wednesday.

The administration is also organizing efforts to call and text people in areas with low vaccination rates and is challenging mayors to compete with each other to see which city can increase shot rates the quickest, according to an email from the White House.

Other administration efforts include “Shots at the Shop,” an initiative that will engage Black-owned barbershops and beauty salons across the country to support local vaccine education and outreach efforts.

Biden and Vice President Kamala Harris will also lead a tour – called the “We Can Do This” National Vaccination Tour – which will highlight “the ease of getting vaccinated, encourage vaccinations, and energize and mobilize grassroots vaccine education and outreach efforts,” according to the White House.

On Wednesday, Biden also touted the White House’s partnership with Uber and Lyft to offer free rides to vaccination sites until July 4.

“America is heading into a summer dramatically different from last summer,” he said. “Safely vaccinated people are shedding their masks and greeting one another with a smile.”

As of Tuesday, more than 162 million U.S. adults, or 62.8% of people 18 and over, have received at least one Covid vaccine, according to data compiled by the Centers for Disease Control and Prevention. More than 133 million U.S. adults are fully vaccinated, according to the CDC.

There was an average of 1.2 million Covid shots administered every day over the last week in the U.S. But some of the data over the long holiday weekend is incomplete, so vaccination rates may be higher.

Public health experts say Biden’s vaccination goal may pose a challenge for his administration as the U.S. has already inoculated those most enthusiastic about getting a vaccine.

Kevin Hensley is given the J&J COVID vaccine in coordination with the Cook County Health Dept. and the Chicago White Sox. Recipients were given a $25 card for discounts on concessions before Game One of a doubleheader at Guaranteed Rate Field on May 29, 2021 in Chicago, Illinois.

David Banks | Getty Images

In order to administer millions of more inoculations in the next four weeks, the White House has said the president will take additional steps to encourage more people to get vaccinated and make it easier for them to do so.

In addition to the steps announced Wednedsay, the Biden administration has worked to make getting a vaccine “as easy as ever” with many vaccination sites across the U.S. offering walk-ins.

The administration in April launched a massive campaign to persuade more Americans to take the vaccines, which is using social media and virtual events where celebrities and athletes answer people’s lingering questions about the vaccines.

The CDC has updated its public health guidance to say that fully vaccinated people no longer need to wear a face mask or stay 6 feet away from others in most settings, whether outdoors or indoors. Many public health experts say the change was designed to encourage more people to get vaccinated.