Coronavirus

Pace of US economic recovery accelerates, Fed says

The U.S. economic recovery accelerated to a moderate pace from late February to early April as consumers, buoyed by increased COVID-19 vaccinations and strong fiscal support, opened their wallets to spend more on travel and other items, the Federal Reserve said on Wednesday.

Federal advisory panel to meet Wednesday on J&J vaccine

A federal advisory panel will meet Wednesday to debate whether and how Johnson & Johnson's Covid-19 vaccine should continue to be used in the U.S., following reports of rare but severe blood clots among a few recipients.