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5 issues to know earlier than the inventory market opens Monday, June 7

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

1. Dow, S&P 500 stand less than 1% of record closing highs

A trader on the New York Stock Exchange, June 4, 2021.

Source: NYSE

2. Jeff Bezos will fly Blue Origin’s first passenger space flight next month

Jeff Bezos drives a Rivian R1T electric truck through the Blue Origin launch facility in Texas.

Blue origin

Jeff Bezos will fly on the first passenger flight of his space company Blue Origin. The company plans to launch the mission on July 20, the Amazon billionaire announced on Monday. Bezos and his brother Mark will join the winner in a public auction held for one of the seats. The bid for the auction was $ 2.8 million before Bezos announced he would be on board. Bezos’ Blue Origin and Elon Musk’s SpaceX are two of the largest commercial space companies.

3. Elon Musk Says Tesla has officially canceled the Model S Plaid Plus

Musk, co-founder and CEO of Tesla, tweeted on Sunday that the electric automaker canceled the most expensive variant of its flagship sedan, the $ 150,000 Model S Plaid Plus.

Tesla had promised that a Plaid Plus version of its new Model S would give drivers 1,100 horsepower, 520 miles of range on a fully charged battery, and zero to 60 mph in less than two seconds. The remaining high-end version of the Model S Plaid for $ 119,900 should have a battery capable of 390 miles with 1,020 horsepower and similar acceleration.

4. AMC stocks rose after skyrocketing in a wild week of trading

Pedestrians pass an AMC theater in New York.

Scott Mlyn | CNBC

AMC Entertainment’s shares rose 8% in the premarket on Monday after rising more than 80% in a wild week despite declines on Thursday and Friday. The cinema chain sold additional shares in two tranches last week, raising around $ 817 million. CEO Adam Aron told YouTube host and AMC shareholder Trey Collins that the company plans to issue an additional 25 million shares.

Emily Blunt, Millicent Simmonds and Noah Jupe star in “A Quiet Place Part II”.

Parent

The cinema business, decimated by the Covid pandemic, showed further signs of a return to normal. A Quiet Place Part II fell 59% to $ 19.5 million after a stellar opening over Memorial Day holiday weekend last weekend. However, the Paramount sequel has raised $ 88.6 million in the US and Canada. Warner Bros.’s “The Conjuring: The Devil Made Me Do It” topped the weekend box office and debuted with a profit of $ 24 million.

5. G-7 agrees on global tax reform; Yellen talks about the Biden agenda, tariffs

British Chancellor of the Exchequer Rishi Sunak (center), US Treasury Secretary Janet Yellen (right) attends the first day of the G-7 Finance Ministers’ Meeting on June 4, 2021 at Lancaster House in London.

Stefan Rousseau | AFP | Getty Images

The Treasury Ministers of the most advanced economies, known as the Group of Seven, have backed a US proposal requiring companies around the world to pay at least 15% tax. Treasury Secretary Janet Yellen tweeted that a “global minimum tax would end the race to the bottom in corporate taxation and ensure fairness for the middle class and working people in the US and around the world.”

Former Federal Reserve chairman Yellen said in a Bloomberg interview that President Joe Biden’s $ 4 trillion spending agenda would be positive for the country even if it led to a surge in interest rates. “If we had a slightly higher interest rate environment in the end, that would actually be a plus for society and the Fed,” said Yellen.

– The Associated Press contributed to this report. 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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Business

5 issues to know earlier than the inventory market opens Monday, Could 17

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

1. The stock jump in the late week gushes on Monday before the market

People walk past the New York Stock Exchange on Wall Street on May 10, 2021 in New York City.

Angela Weiss | AFP | Getty Images

US stock futures fell on Monday after Friday’s strong rally. However, Friday’s gains of more than 1% for the Dow Jones Industrial Average and S&P 500 and over 2% for the Nasdaq were not enough to offset the sharp declines early last week. The Dow and S&P 500 both saw more than 1% weekly declines, while the Nasdaq fell over 2% on its worst weekly performances since February. The roller coaster ride on inflation concerns hit stocks early last week. The Dow was down 3.4%, the S&P 500 was down 4% and the Nasdaq was down 5%. All three stock benchmarks made up some of those Thursday and Friday losses.

2. 10-year return below 1.7% even if inflation subsides

Bond yields were mostly lower on Monday after 10-year government bond yields rose to over 1.7% on Wednesday during last week’s worst stock sale. This was the highest 10-year return level in more than a month after a 14-month high in March. Fears of inflation and whether the Federal Reserve will be able to keep the promised line with interest rates close to 0% and massive asset purchases rocked the markets. On Wednesday, the government reported that consumer prices accelerated at their fastest pace in more than 12 years in April as the US economic recovery kicked off. The Fed released minutes of its April meeting on Wednesday.

3. AT&T agrees to merge WarnerMedia with Discovery

John Stankey, President & Chief Operating Officer of AT&T and Chief Executive Officer of WarnerMedia, speaks on stage at the HBO Max WarnerMedia Investor Day presentation at Warner Bros. Studios on October 29, 2019 in Burbank, California.

Presley Ann | Getty Images Entertainment | Getty Images

AT&T on Monday announced a deal to combine its WarnerMedia movie and media content division with Discovery, which will pave the way for one of Hollywood’s biggest power players to better compete with streaming media giants like Netflix and Disney. AT & T’s shares were up 4% and Discovery was up 10%. AT&T shareholders would own 71% of the new company. Discovery shareholders would own 29%. The transaction would assemble properties like CNN, HBO and Warner Bros. from WarnerMedia, as well as the HGTV, TLC and History channels from Discovery. In 2018, AT&T acquired Time Warner, since then renamed WarnerMedia, for an equity value of $ 85 billion.

4. Elon Musk clarifies that Tesla did not sell Bitcoin.

Elon Musk, CEO of Tesla, stated in a tweet early Monday that the electric vehicle maker “did not sell Bitcoin”.

Bitcoin partially rebounded on Monday, trading above $ 45,000 per unit. The price of the world’s largest cryptocurrency fell below that level on Sunday after Musk apparently hinted on a Twitter exchange that Tesla might or might not sell the rest of its Bitcoin holdings. He “actually” replied to a sympathetic tweet.

All of this happened days after Musk said Tesla planned to hold onto its Bitcoin even though it stopped using it to buy electric cars until Bitcoin mining can become more energetically sustainable.

5. CDC Director Defends New Mask Policy; Businesses go their own way

People enjoying the sunshine on the steps of the MET in New York City as the CDC lifts restrictions on wearing masks for those who are fully vaccinated.

Adam Jeffery | CNBC

CDC director Dr. Rochelle Walensky urged people to be honest and only drop their Covid masks if they are fully vaccinated. The sudden change in CDC guidelines over the past week has left some people confused as it is not overriding local mask regulations. Local governments and businesses are grappling with the question of whether to follow the CDC’s new guidelines. Starbucks said, “Facials will be optional for vaccinated customers starting Monday, May 17, unless local regulations require it by law.” Walmart and Costco led the way on Friday.

– Follow all market action like a pro on CNBC Pro. With CNBC’s coronavirus coverage, you’ll get the latest information on the pandemic.

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Restaurant Revitalization Fund Will Open Monday, Could 3

A $ 28.6 billion grant fund for restaurants, bars, caterers and other food businesses will open Monday, the government said Tuesday, providing an extra lifeline to some of America’s hardest hit small businesses.

The Restaurant Revitalization Fund, launched last month by the US $ 1.9 trillion rescue plan, will offer grants of up to $ 10 million to replace lost sales. The amount any business can receive is generally the difference between 2019 and 2020 gross earnings minus certain other federal aids such as paycheck protection program loans.

The money is expected to go quickly. Eligible companies have lost hundreds of billions of dollars, according to Congress estimates, but lawmakers have allocated funds to cover only a fraction of that amount.

“Restaurants are at the heart of our neighborhoods and are the driving force behind business on major highways across the country,” said Isabella Casillas Guzman, the head of the Small Business Administration that will pay out the grants. “They are among the hardest hit companies and need support to weather this pandemic. We want restaurants to know that help is here. “

All eligible companies can apply from Monday. However, for the first 21 days, the Small Business Administration will only approve claims from companies that are majority owned by people who fall into one of the priority groups set by Congress: women, veterans, and people who are socially and economically disadvantaged. The agency said the latter group includes those who meet certain income and wealth limits and are Black, Hispanic, Native American, Asian-Pacific American, or South Asian American.

Applicants belonging to these groups are asked to certify their eligibility for the exclusivity period themselves. This three-week priority period alone should exhaust the fund.

Listed companies, companies with more than 20 locations and permanently closed restaurants are not eligible for grants.

Applications can be submitted through a Small Business Administration website and some point-of-sale systems. Technology companies Clover, NCR Corporation, Square and Toast work with the agency to enable applications for their clients.

Eager restaurateurs are preparing for the application – and are campaigning for additional funds to prevent eligible applicants from being excluded.

“This is great news, but the $ 28.6 billion won’t be enough,” Russell Jackson, a New York City chef, wrote on Twitter in a message urging Congress to “replenish the program as needed.”

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Business

5 issues to know earlier than the inventory market opens Monday, April 12

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

1. Stocks will fall after record deals for the Dow and S&P 500

Traders on the floor of the New York Stock Exchange.

Source: NYSE

Dara Khosrowshahi, CEO of Uber, speaks at a product launch event in San Francisco, California on September 26, 2019.

Philip Pacheco | AFP via Getty Images

Uber posted record gross bookings for March on Monday, suggesting a pickup in demand for hail drives. The tech giant’s amusement ride was hit hard by pandemic lockdowns last year. However, Uber benefited from a boom in food delivery that helped contain losses in 2020. Uber’s shares rose 2% on the Monday ahead of the market.

2. Powell says it is “highly unlikely” that the Fed will raise rates this year

Federal Reserve Chairman Jerome Powell speaks at a virtual press conference in Tiskilwa, Illinois on December 16, 2020.

Daniel Acker | Bloomberg | Getty Images

Federal Reserve chairman Jerome Powell reiterated the central bank’s commitment to maintaining loose monetary policy despite seeing a rapidly recovering economy from the depths of the pandemic. “I think it is highly unlikely that we will raise interest rates this year,” Powell said in an interview that aired on Sunday on “60 minutes”. “I am able to guarantee that the Fed will do whatever it takes to support the economy for as long as it takes to complete the recovery,” he added. This support includes near-zero short-term lending rates and $ 120 billion monthly bond purchases.

3. The Covid variant evades a certain vaccination protection

A health worker delivers a dose of the Pfizer-BioNtech COVID-19 coronavirus vaccine at a mobile clinic near Moshav Dalton, northern Israel, on February 22, 2021.

Jalaa Marey | AFP | Getty Images

According to a new Israeli study, the coronavirus variant discovered in South Africa may evade some of the protection provided by the two-shot vaccine manufactured by Pfizer-BioNTech. The researchers found that the prevalence of the strain in patients who received both doses of the vaccine was about eight times higher than in patients who were not vaccinated.

View of Regeneron Pharmaceuticals corporate, research and development headquarters on Old Saw Mill River Road in Tarrytown, New York.

Lev Radin | LightRocket | Getty Images

Regeneron plans to ask the FDA to approve the use of Covid antibody therapy as a preventive treatment. In a Phase 3 clinical trial, the company announced that the drug cocktail reduced the risk of symptomatic infections in individuals by 81%. The therapy was given to then-President Donald Trump shortly after he was diagnosed with coronavirus last year.

4. CEOs Meet for White House Chip Summit; Biden meets legislators on infrastructure

President Joe Biden speaks as he announces gun violence prevention measures in the Rose Garden of the White House in Washington on April 8, 2021.

Kevin Lamarque | Reuters

5. Microsoft in advanced talks to buy Nuance for approximately $ 16 billion

Satya Nadella, CEO of Microsoft, speaks during the Future Decoded Tech Summit on February 25, 2020 in Bengaluru, India.

Samyukta Lakshmi | Bloomberg | Getty Images

Microsoft is in advanced talks to buy voice recognition company Nuance Communications, a person familiar with the discussions told CNBC. A transaction could be announced as early as Monday, the person said, adding that Microsoft is ready to pay about $ 56 per share. Nuance’s shares rose nearly 24% to over $ 56 on the Monday leading up to its IPO. By purchasing Nuance, Microsoft’s speech software capabilities can be expanded. After purchasing LinkedIn for $ 27 billion in 2016, Nuance would be Microsoft’s second-largest acquisition at $ 16 billion. Microsoft’s stocks haven’t changed much.

– Follow all market action like a pro on CNBC Pro. Get the latest information on the pandemic on CNBC’s coronavirus blog.

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5 issues to know earlier than the inventory market opens Monday, April 5

Trader on the New York Stock Exchange.

Source: NYSE

1. Dow futures rose more than 200 points on Monday following Friday’s blowout job report. While the US stock market was closed on Good Friday, the government continued to release its monthly employment data. The number of non-farm workers rose 916,000 last month, a much stronger number than expected and the highest number since the 1.58 million added in August 2020, as states expanded their economies a year after the pandemic and Covid vaccinations began further opened. The 10-year government bond yield rose higher on Monday but stayed below its recent 14-month high. On Thursday, the S&P 500 rose 1.2% to close above 4,000 for the first time. The Dow Jones Industrial Average rose 0.5% but did not hit the record high. The tech-heavy Nasdaq rose 1.8% and was within 4.6% of its record high in February.

2. Treasury Secretary Janet Yellen on Monday will call for a minimum tax for businesses around the world to keep businesses from moving to find lower tax rates. “We are working with the G20 countries to agree on a global minimum tax rate for companies that can stop the race to the bottom,” Yellen will report on Monday morning at a conference of the Chicago Council on Global Affairs. This comes from a confirmed report by Axios from CNBC. The remarks come as President Joe Biden tries to raise the corporate tax rate to fund a $ 2 trillion infrastructure improvement plan.

3. Missouri Republican Senator Roy Blunt on Sunday called on the president to cut his infrastructure plan to around $ 615 billion and focus on rebuilding physical infrastructure such as roads and bridges. The fourth-placed GOP Senator argued on Fox News Sunday that only 30% of Biden’s proposal focused on traditional infrastructure. Blunt said a price cut would allow the White House to run the bill through both houses of Congress. Senate Minority Chairman Mitch McConnell, R-Ky., Said last week the $ 2 trillion package will not receive Republican support.

4. GameStop fell 14% on the Monday leading up to its IPO after it announced it would sell up to 3.5 million shares as the video game retailer plans to capitalize on its share surge after a trading frenzy sparked by Reddit earlier this year. GameStop announced that it would use the proceeds from the share offering to accelerate the transition of its business model to e-commerce. This plan is led by a top shareholder and board member, Ryan Cohen, co-founder of online pet dealer Chewy. GameStop closed at $ 191 per share on Thursday. It traded up to $ 483 in late January. Before Reddit trading hit, the stock started the year under $ 20.

Tesla shares rose more than 7% in the pre-market after the electric automaker announced on Friday that it had shipped nearly 185,000 vehicles in the first quarter. This is a record for the Elon Musk-run company and above estimates for 168,000 deliveries. All vehicles produced in the quarter were Model 3 sedans and Model Y crossover SUVs. Tesla did not produce any of its more expensive Model S sedans and Model X SUVs. However, 2,020 Model S and X vehicles were delivered from inventory. Tesla’s most recent shipments were up more than 100% over the same period last year.

5. The US hired Johnson & Johnson to build the Emergent BioSolutions facility, which ruined 15 million doses of the drug maker’s unique Covid vaccine, a senior health official said Saturday. The government also banned AstraZeneca from using the facility. According to the New York Times, Emergent BioSolutions employees at the facility in question mixed mixed ingredients for the J&J and AstraZeneca vaccines. AstraZeneca, whose vaccine has not been approved in the US, said it will work with the Biden administration to find an alternative manufacturing location.

– Associated Press and Reuters contributed to this report. Get the latest information on the pandemic on CNBC’s coronavirus blog.

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Business

5 issues to know earlier than the inventory market opens Monday, March 29

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

1. US futures tumble after Friday’s records for the Dow, S & P 500

Traders on the floor of the New York Stock Exchange.

Source: NYSE

US stock futures fell Monday after a late Friday rally the Dow Jones Industrial Average and S&P 500 rose over 1.4% and nearly 1.7%, respectively, as stocks reopened from a successful reopening benefited from Covid, achieved an outperformance. The Dow and S&P 500, both closing at record highs, posted weekly gains roughly in line with Friday’s progress. Dow’s Boeing stock rose 3% in the pre-market on Monday after Southwest Airlines placed a huge aircraft order. Southwest’s shares rose slightly.

The Nasdaq offset a loss of nearly 1% on Friday and closed 1.2%. However, the tech-heavy index still fell 0.6% over the course of the week. With just three days left in March, the Nasdaq posted a slight monthly loss while the Dow and S&P 500 stood ready to post solid gains for the month.

The 10-year government bond yield remained stable on Monday, trading below its most recent 14-month high. The rapid surge in yields this year has been problematic for growth stocks, including many technical names, as higher interest rates undermine the value of future earnings and depress market valuations.

2. Credit Suisse and Nomura are affected by the fallout from the US hedge fund

Credit Suisse Bank.

NurPhoto | NurPhoto | Getty Images

Credit Suisse warned Monday of a “highly significant” slump in its first quarter results after the Swiss-based bank began exiting positions in a large US hedge fund that collapsed on margin calls last week. Japanese company Nomura is currently evaluating a potential loss of an estimated $ 2 billion. The shares of Nomura and Credit Suisse were added on the Monday before the IPO.

The hedge fund at the center of the fallout is Archegos Capital Management, which was forced to liquidate positions late last week. The moves of the multi-billion dollar US family office founded by former Tiger stock analyst Bill Hwang sparked a wave of selling pressure on US media stocks and Chinese Internet ADRs on Friday.

3. The cargo ship ever to block the Suez Canal is partially floating

A view shows the Ever Given container ship in the Suez Canal in this satellite image from Maxar Technologies captured on March 28, 2021.

Maxar Technologies | Reuters

The giant container ship Ever Given, which blocked the Suez Canal, was partially floated again early Monday, days after the ship got stuck and halted a major global trade route. The Suez Canal Authority said the ship’s course has been corrected by 80% and further maneuvers will continue if the water level rises later in the day. It remains unclear when the waterway will be opened to traffic again as hundreds of ships waited to enter the Suez. Maritime data showed that at least 10 tankers and container ships changed course to avoid the congestion, including U.S. ships carrying natural gas for Cheniere and Shell / BG Group.

4. Biden to advance infrastructure before health and family care

President Joe Biden will hold his first formal press conference in the East Room of the White House in Washington, USA on March 25, 2021.

Leah Millis | Reuters

President Joe Biden will split his sweeping plan to improve the nation’s infrastructure into two parts. Biden will unveil the first part of his plan on Wednesday, which will focus on issues such as rebuilding roads and railways. The second part – including childcare and health care reforms, aspects of infrastructure sometimes referred to as social infrastructure – will be released “in just a few weeks,” White House press secretary Jen Psaki said Sunday. Overall, the legislation is expected to cost more than $ 3 trillion.

5. Fauci only warns the USA “on the corner” of the Covid pandemic

Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases at the NIH, speaks about the daily press conference at the White House in Washington on January 21, 2021.

Jonathan Ernst | Reuters

With the possibility of safe summer barbecues in just a few months and the promise of widespread supplies of Covid vaccines in the US by the end of May, many Americans may feel that the nation has finally taken action against the pandemic. The Chief Medical Officer of the White House, Dr. Anthony Fauci, however, warned that America was really only “on the corner”.

According to a CNBC analysis of the Johns Hopkins University data, daily daily US cases rose 12% in the past seven days, despite being well below their January high. Almost half of people aged 65 and over have taken all the necessary recordings, according to CDC data. However, only 20% of the adult population are considered fully vaccinated.

– Get the latest on the pandemic using CNBC’s coronavirus blog.

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UK lockdown eases on ‘Pleased Monday’; Germany and France hospital fears

Medical workers will monitor Covid-19 patients on Tuesday March 16, 2021 in an additional intensive care unit (ICU) set up to deal with the pandemic at the Ambroise Pare Clinic in Paris, France.

Bloomberg | Bloomberg | Getty Images

LONDON – The Covid crisis in Europe seems to diverge further this week as the public health situation deteriorates in France and Germany. However, the UK is taking another step to ease the lockdown on Monday.

Germany has already extended its lockdown to April 18, but Chancellor Angela Merkel has urged German states to do more against infections and suggested that the federal government give regions (which were largely free to make their own decisions) a certain amount Measures could withdraw control) to better contain the crisis. This is happening even though Merkel is turning around to introduce a strict Easter ban.

“We have to break this third wave,” Merkel told ARD on Sunday. “We have a legal obligation to curb the spread, and right now that’s not happening.”

She added that additional restrictions like curfews may be needed to prevent the virus from growing “exponentially,” Deutsche Welle reported. Germany reported 9,872 new cases on Monday, data from the Robert Koch Institute showed, bringing the total number of infections to over 2.7 million. To date, nearly 76,000 people have died from the virus.

On Saturday, the country’s intensive care doctors called for a two-week lockdown to avoid overloading the health system. Similar calls were made in France on Sunday, with cases continuing to rise to worrying levels.

The French government has already partially closed more than a dozen regions, including Paris, but cases are increasing and hospitals are struggling.

On Sunday, doctors in Paris warned in the Le Journal du Dimanche newspaper that high-flying infections could soon overwhelm the capital’s hospitals, forcing them to choose which patients to treat.

France reported 37,014 new coronavirus cases on Sunday, data from the Ministry of Health showed, bringing the total number of infections to over 4.5 million. To date, over 94,000 people have died from the virus in the country.

Deutsche Bank strategists discovered this on Monday “”Investors are increasingly concerned about the rising number of cases in multiple regions, which in turn increases the prospect of further restrictions and restrictions on economic activity. “

“Nice Monday”

As mainland Europe struggles with a spike in cases, the UK is further easing lockdown measures from today after lifting its roadmap on June 21 to lift all restrictions on social contact.

Dubbed “Happy Monday” in the UK media, Brits can now gather outdoors in groups of up to six and team sports can begin again. The “stay at home” rule has also ended, but the government advises caution, saying that people should continue to work from home whenever possible.

Travel abroad is still prohibited unless there is a substantial reason and a fine of £ 5,000 (US $ 6,887) has been imposed on anyone attempting to vacation abroad. The government plans to announce later this week – ahead of schedule – how international travel is expected to resume.

Swimmers jump into the water at Hillingdon Lido in west London as England’s third Covid-19 lockdown restrictions ease, allowing outdoor sports facilities to open on March 29, 2021.

ADRIAN DENNIS | AFP | Getty Images

Non-essential shops, hairdressers, beauty salons, and outdoor drinking and eating in pubs and restaurants will all be allowed on April 12, providing much-needed relief for the British after a year of lockdowns and coronavirus losses. The country has reported over 4.3 million coronavirus cases and over 126,000 deaths.

A bright spot in the country’s pandemic experience was the introduction of vaccinations, which began in earnest in December. It was the first country to introduce coronavirus vaccines en masse. So far, 57% of the country’s adults had received a first dose of a coronavirus vaccine, meaning 30 million adults have now received a first shot.

Britain’s bold vaccination program has been praised for its speed and agility, but has been criticized on the continent where the introduction of gunfire has been slower.

Drug maker AstraZeneca was in the line of fire for delaying vaccine supplies to the block. However, so far the EU has stopped preventing vaccine exports to the UK and both sides have pledged to work together to resolve a dispute over vaccine supplies.

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Health

Six States Open Vaccines to All Adults on Monday

Chris Adams, 36, spent the past year of the pandemic living with his grandparents in Wichita, Kan. And being “extremely strict” about social distancing. “I never went out,” he said.

But starting Monday, when all adults in Kansas are eligible for the coronavirus vaccine, Mr. Adams plans to find a vaccination site with an appointment available. “I look forward to seeing my friends again,” he said.

Kansas is one of six states – Louisiana, North Dakota, Ohio, Oklahoma, and Texas are the others – that will extend eligibility for the vaccine to all adults on Monday. Minnesota will follow on Tuesday and Indiana on Wednesday.

Kansas Governor Laura Kelly urged residents to make appointments last week, saying, “Given the expected increase in supply by the federal government, we must embrace every vaccine dose quickly.”

While vaccine eligibility continues to grow across America – nearly all states have pledged to question every adult by May 1 – the US also reported an increase in new cases last week. About 75,000 new cases were reported on Friday, a sharp increase from the 60,000 the previous Friday.

States in the northeast caused about 30 percent of the country’s new cases in the past two weeks, up from 20 percent in the first few weeks of February.

In New York, there were an average of 8,426 new cases per day, an 18 percent increase from the average two weeks earlier, according to a New York Times database. In New Jersey, an average of 4,249 new cases were reported daily for the past week, up 21 percent from the average two weeks earlier. And on Friday, Vermont set a daily record with 283 new infections. It is the first state to have a case report since January 18.

For many, the vaccine can’t come soon enough.

Nicole Drum, 42, a writer in metropolitan Kansas City, Can., Cried Friday when she found out she would be eligible to receive the vaccine by Monday. She started calling pharmacies and checking for available appointments online, “within minutes of the news being posted,” she said.

Ms. Drum called about 10 places to no avail. She got luckier on a county website and booked an appointment for Wednesday.

She said she intended to wear a special “I believe in science” t-shirt for her appointment. “I got myself a fun outfit that gave me the vaccine,” she said with a laugh.

She also plans to take her 4-year-old son with her because she wants him to see “how research, science, and people coming together can really help contain things like this,” she said.

“I want him to know that there is no need to be constantly afraid of big, scary things because there are always helpers trying to find out,” said Ms. Drum. “Although the solution might be a stab in the arm that hurts a bit, it’s worth it.”

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World News

Your Monday Briefing – The New York Occasions

We report on a visit by President Biden’s Defense Minister to Afghanistan and on India’s race for a second wave of the coronavirus.

Defense Secretary Lloyd Austin landed in Kabul on Sunday morning and was the first member of President Biden’s cabinet to enter the country that is home to America’s longest war.

The trip comes at a crucial time: The US is expected to withdraw its forces from the country on May 1st. Mr Biden said in an interview last week that meeting the deadline was “difficult”. He has not announced any specific plans for the withdrawal.

Mr. Austin’s arrival in Kabul came on Nowruz, the Persian New Year – a date on which the Islamic State committed to launch attacks in Afghanistan. The trip was supposed to remain confidential until two hours after he left, but local reporters reported his visit after meeting with Afghan President Ashraf Ghani.

The stakes: A US withdrawal could increase the risk of the Taliban’s takeover of the country’s most important cities. When asked about Afghans’ concerns about withdrawal, Mr. Austin said: “We have done a lot to work with the Afghan security forces. And I don’t want to speculate about what might or might not happen in the future. “

The payment: Around 3,500 US soldiers are now stationed in Afghanistan. American troops have been permanently present in the country since 2001.

The coronavirus is once again spread across India. Confirmed infections have increased from a low of around 9,800 in February to around 31,600 daily. In the past two weeks, deaths from the virus have increased 82 percent.

The outbreak is concentrated in the state of Maharashtra, home of Mumbai. Entire districts are closed again. Scientists are investigating whether a new strain is more virulent in the state, like variants in the UK, South Africa and Brazil.

Officials are under pressure to aggressively promote tests and vaccinations, particularly in Mumbai. Increased vaccination in India could have an impact worldwide. India is a crucial link in the vaccine supply chain: it has dispensed or sold tens of millions of doses to other countries even though it has difficulty vaccinating its own people.

The Foreign Minister has said the availability of vaccines in India will determine how many doses go overseas. India’s slow vaccination campaign has also been plagued by public skepticism.

Here are the latest updates and maps of the pandemic.

In other developments:

The Chinese government has changed the political landscape in Hong Kong. His plan to drastically overhaul the local electoral system by demanding absolute loyalty from candidates running for office leaves political groups across the political spectrum wondering what participation, if any, is still possible.

Moderates aren’t sure they would pass Beijing’s litmus test, and opposition leaders aren’t sure they will try again to run candidates. The changes are also likely to reduce the number of directly elected seats in the local legislature, meaning the majority of lawmakers will be elected by allies of the government.

Quote: “If we keep playing this game, it’s like accepting what they are doing,” said a pro-democracy activist. “That would make me feel like an accomplice.”

Context: The changes to the voting system signal the exemption of a promise central to Hong Kong since its return to Chinese control in 1997: that its residents could one day choose their own leaders instead of being subject to the whims of London or Beijing.

Chandro Tomar may look like your typical Indian grandmother, but she is anything but: at 89, she is considered the oldest professional sniper in the world, and she has dozens of medals to show off. She is also a feminist icon in India.

In memory: Nawal el Saadawi, an Egyptian author, activist and doctor who became a symbol of the struggle for women’s rights in the patriarchal Arab world and who campaigned against female genital mutilation. She was 89 years old.

Caity Weaver, a member of the Times styles desk, ventured to Santa Fe, New Mexico to try Equus, a horse riding experience with a long list of famous clients including Bette Midler and Jeff Bezos. The program’s website encourages customers to imagine creating the life you truly deserve. In a recent conversation she reflected on her experience researching a story about whether we can learn from horses.

What did you know about Equus before you arrived in Santa Fe?

Little. They purposely don’t have a lot of photos on their website. The founders told me that they don’t want people to come up with a certain idea of ​​what their experience will be, because if it doesn’t work out, customers might be disappointed.

So what increased it to “I have to try”?

One thing that you keep asking yourself when you have an interesting experience is: is someone actually paying for it? And often the answer is no. But the customer list was so impressive – Margaret Atwood, Microsoft, many other names I recognized. So I was curious to probably get out whatever they wanted to get out. I would love if my life was as good as Bette Midler’s – I think.

What is something fun or unexpected that you learned?

Candace Croney, professor of animal behavior and wellbeing at Purdue University, told me to think of horses the way you think of cats – they are not like a dog that wants to be with you and want attention. A horse doesn’t really want to be the main thing – maybe it wants to be petted and petted, maybe not. I didn’t learn this before I left, but if I ever meet another horse I’ll just picture it like a big cat.

That’s it for today’s briefing. Until next time. – Carole

PS The New York Times Climate Hub, a 10-day event of live journalism, thought leaders and action on climate change, will be held in Scotland this November, alongside the United Nations Climate Change Conference (COP26).

The latest episode of “The Daily” is about the career of New York Governor Andrew Cuomo.

You can reach Carole and the team at briefing@nytimes.com.

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Your Monday Briefing – The New York Instances

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Good Morning.

We cover Protests in Spain, Great Britain Gap with the EU and the final blow to it hopes for democracy in Hong Kong.

For more than a week, the streets of Barcelona, ​​Madrid and other Spanish hubs have erupted in sometimes violent demonstrations. What began as a protest against the arrest of the Spanish rapper Pablo Hasél has become a collective outcry from a generation that has struggled through years of economic difficulties and sees a lost future even after the end of the pandemic.

Barcelona was once one of the best and most fun places in Europe to be young. The coronavirus crisis, which devastated tourism and the economy contracted by 11 percent last year, was catastrophic for young adults in Spain. Meanwhile 40 percent of the Spanish youth are unemployed, the highest rate in Europe.

“It’s not the same now for a person who is 60 years old – or a 50 year old with life experience and everything that is fully organized – as it is for a person who is now 18 years old and feels like every hour is against to lose this pandemic It’s like losing your whole life, ”said Enric Juliana, opinion columnist at La Vanguardia, Barcelona’s leading newspaper.

Here are the latest updates and maps of the pandemic.

In other developments:

As trade disputes mount, the UK and EU have dealt politically and diplomatically with a speed and bitterness that has surprised even pessimists about the relationship.

Tensions have increased since a new trade deal formalized Brexit on January 1st. Britain refused to grant full diplomatic status to the European Union envoy in London while European leaders responded to vaccine shortages and briefly threatened to tear up the trade deal with Northern Ireland after Brexit.

As a sign of the impending fighting, Bank of England Governor Andrew Bailey warned last week of a “serious escalation” in tensions if the EU tried to force banks to postpone the opening of euro-denominated derivatives trading from London to London Continent.

Analysis: “These are not just teething troubles,” said Kim Darroch, former UK permanent representative to the EU, quoting the government’s statement on the Brexit problems. “There are structural problems that arise when you are not in the internal market. This is what a ‘hard Brexit’ looks like. “

Context: As always with Brexit, much of the antagonism is driven by domestic politics, with the UK’s swift introduction of vaccines serving as ammunition for both the UK’s pro-Brexit cause and anti-UK sentiment within the bloc.

The Hong Kong authorities on Sunday indicted 47 pro-democracy people for violating the strict new national security law of Chinese territory. Police said each person was charged with a single conspiracy to commit subversion. You will face trial today in a courthouse in the West Kowloon area and could face life in prison if convicted.

The 47 helped organize an informal election in July to select candidates for office from within Hong Kong’s pro-democracy political camp. In doing so, the authorities violated the provisions of the Security Act, according to which the functions of the Chinese or Hong Kong government must not be disrupted, disrupted or undermined.

Context: The charges mark the latest escalation in the Chinese government’s efforts to bring Hong Kong firmly under control and represent the most energetic application to date of the far-reaching security law that has cemented the Communist Party’s control over the territory.

The black warriors of the separate American armed forces were called the “Harlem Hellfighters”. They were denied a farewell parade in New York and assigned to the French army because their own compatriots refused to fight by their side. Above the American cemetery and the Maas-Argonne memorial in France, where the bodies of some black Americans of the 369th Infantry Regiment were buried.

It took the U.S. Army more than a century to adopt the nickname as the official special designation for the regiment, an award that was just approved by the Army in September and announced this year by the New York National Guard on the eve of Black History Month.

Myanmar: Security forces in Myanmar opened fire on demonstrators in several cities on Sunday, killing at least 18 people. It was the largest one-day toll since the protests began after the February 1 coup.

Jamal Khashogghi: Although the US has accused the Crown Prince of Saudi Arabia of ordering the assassination of the Saudi dissident, the Biden government is cautious about causing a rupture with a key Arab partner. Tensions surrounding the publication of an intelligence assessment of Mr Khashogghi’s assassination could hamper future interaction between the two countries.

Snapshot: Above, a nurse calms a patient in the intensive care unit at Homerton Hospital, London. While the UK government has been developing plans for a gradual reopening, the fight against Covid-19 in the country’s cramped intensive care units is relentless and full of patients and doctors almost in despair. Our reporters and photographers went behind the front.

Long lost letters: For more than 70 years a cache with more than 700 letters lay undisturbed in the wreck of the SS Gairsoppa, protected from the Atlantic by well-positioned mail bags. Now the restorers at the London Postal Museum are putting together these undeliverable messages from the past.

“Marijuana Light”: A once-ignored hemp derivative called Delta-8-THC has become a big seller for Americans looking for a loophole related to marijuana laws.

What we read: That bittersweet article in The New Yorker about the queer foster families who were a haven for LGBT youth in the 1970s.

Cook: Tartiflette, a casserole with potatoes and bacon from the Alps, bakes golden and wonderfully sticky thanks to its top layer of soft, spicy rind cheese.

Listen: For the past six weeks, the top Billboard song was “Drivers License” by 18-year-old Olivia Rodrigo. That’s how she did it.

Do: Some homeowners have turned renovation projects into a creative outlet during the pandemic, from a redesigned washroom to a new home theater.

Start March off with a bang. At home, you have ideas for what to read, cook, see, and do while being safe at home.

The Times Book Review is 125 years old – – a moment to celebrate, but also for introspection. Reviewer and former editor of the book review, Parul Sehgal, looked back critically on his legacy. This is an edited excerpt from her thoughts on why now is the right time to delve into the past.

You could say my assignment was to review the book review, to include the coverage of “women, people of color, LGBTQ writers” and the changing customs in the review. But what revelatory news could I possibly bring? The word “archive” is derived from the ancient Greek Arkheion, which is sometimes translated as “the ruler’s house”. Who walks there with any illusions?

What could these reviews contain? Some misjudgments, of course – masterpieces that were misunderstood in their day. Some supernaturally sensitive assessments. Fluorescent condescension and stereotype. Above all, the pleasant and dubious gratifications of feeling superior to the past.

And yet. For the past few years, The Times has looked at racial and gender imbalance in its reviews. A survey of nearly 750 books rated by The Times in 2011 across all genres found that nearly 90 percent of the authors rated were white.

But what about the ratings themselves: the language, the criteria? How was your work positioned when “women, people of color, LGBTQ writers” were reviewed? Which patterns can we follow, which consequences? And what do we do with this knowledge – how can it be made useful? What do we really see when we know?

That’s it for this briefing. I wish you a good start to the week.

– Natasha

Thank you
To Theodore Kim and Jahaan Singh for the break from the news and to Parul Sehgal for the backstory. You can reach Natasha and the team at briefing@nytimes.com.

PS
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