Things to Know: US Hospitalizations plunge, but still high

Thursday, February 25, 2021 | The Associated Press

In this Nov. 28, 2020 file photo, a shopper wears a face mask and he walks past a store displaying a hiring sign in Wheeling, Ill. The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards. Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday, Feb. 25. It is the lowest figure since late November. (AP Photo/Nam Y. Huh, File)

Here’s what’s happening Thursday with the coronavirus pandemic in the U.S.:


— The number of people hospitalized with COVID-19 in the U.S. has dropped by 80,000 in six weeks, and nearly 17% of the nation’s adult population has gotten at least one dose of a vaccine. The U.S. has seen a dramatic turnaround since December and January, when hospitals were teeming with patients after holiday gatherings and pandemic fatigue caused a surge in cases and deaths. Health officials acknowledge the improvement but point out that hospitalizations are still at about the same level as earlier peaks in April and July and right before the crisis worsened in November. Deaths are still persistently high, though much lower than the peak in early January, when they sometimes exceeded 4,000 per day.

— The Black Lives Matter Global Network Foundation is formally expanding a $3 million financial relief fund that it quietly launched earlier this month to help people struggling to make ends meet during the ongoing coronavirus pandemic. It plans to make 3,000 microgrants of $1,000 each to people who it believes need it most. If approved, the money is deposited directly into recipients’ bank accounts or made available on prepaid debit cards. The Survival Fund was launching Thursday as the nation waits for Congress to take action on a nearly $2 trillion relief package that includes $1,400 direct stimulus payments to individuals who earn less than $75,000 in annual income.

— Having trouble booking a COVID-19 vaccine appointment online? You’re not alone. To cope, some people have turned to bots that scan websites and send alerts when slots open up. Bots provide relief to people struggling to score appointments. But not all public health officials are fans. Some say they give even more of an advantage to tech-savvy people. One Massachusetts clinic canceled appointments after learning that out-of-towners used a bot to scoop them up. Health officials are putting in measures to prevent the use of bots and say phone scheduling is available if people can’t navigate the websites.

THE NUMBERS: According to data through Wednesday from Johns Hopkins University, the seven-day rolling average for daily new cases in the U.S. fell over the past two weeks, from roughly 104,298 on Feb. 10 to 65,763 on Wednesday. Over the same period, the seven-day rolling average for daily new deaths also fell, from nearly 2,588 on Feb. 10 to about 2,141 on Wednesday.

QUOTABLE: “I think helping others has to do something to your brain chemically because if we had not been doing everything that we’re doing, I think this would have been a much scarier time,” said Sofia Moncayo, a volunteer leading a food distribution program through a church in New York City. “Being able to dig in and help others, it really gives you perspective and helps you believe that you’re going to be OK too.”

ICYMI: Older people are learning to shop online for the first time during the pandemic. Spending for people 65 and older shot up 60% last year from a year earlier. And even though they still spend less than the total population, they are the fastest-growing group of online shoppers by age group. It’s not easy for many, and children and nursing-home staff often have to help. Grocery delivery services are trying to cater to them. But there are many barriers. Millions can’t shop online at all, because they don’t have internet or devices.

ON THE HORIZON: Georgia Gov. Brian Kemp is announcing that teachers are up next for COVID-19 vaccinations, after weeks of waiting. Kemp spokesperson Mallory Blount says the Republican governor was announcing on Thursday vaccination plans that will include teachers. Kemp has also faced pressure to open vaccinations to people with disabilities and frontline workers such as those who work in poultry processing plants. The state is nearing 1 million test-indicated COVID-19 infections and reached 17,000 confirmed and probable virus deaths Wednesday.


Find AP’s full coverage of the coronavirus pandemic:

Featured Article: Why do commodities matter?

7 Internet of Things Stocks That Are a Perfect Fit to Our Connected Future

When you say the Internet of Things (IoT) you may get different responses. I like to think of it broadly as being about connection. It’s about devices that can connect with each other, and with the internet. And this provides users with the solutions that are making our lives more convenient.

The most basic, and ubiquitous, example of an IoT device is the smartphone that many of us have with us at all times. But think about what that has led to. Home assistants, security cameras, fitness apps, and so much more are all enabled by the internet of things.

IoT took on even more importance in the pandemic as businesses had to find a way to ensure the security and viability of their networks even as their employees were scattered remotely. This created demand for edge and cloud computing solutions that are also facilitated by the internet of things.

And yes, this is just the start. The need for more and more data is powering demand for IoT solution in areas such as autonomous vehicles.

But the good news is that this is an area that is still very much in its growth phase. And that means there is no lack of companies that you can find to trade in this sector. To help you get started, we’ve put together this special presentation that highlights seven such companies and the reasons why we believe they merit adding to your portfolio.

View the "7 Internet of Things Stocks That Are a Perfect Fit to Our Connected Future".

MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.