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Delta variant now makes up 83% of U.S. COVID cases, CDC director says

The more transmissible Delta variant now accounts for 83% of COVID-19 cases in the United States, Centers for Disease Control and Prevention director Rochelle Walensky said during a Senate hearing Tuesday.

Why it matters: The "dramatic increase," up from 50% on July 3, has led to a rise in virus-related deaths, Walensky told lawmakers.


  • COVID fatalities have risen by nearly 48% since last week to an average of about 239 per day, according to Walensky.

What they're saying: The CDC director also said that the percentage of cases from the Delta variant is "even higher" in some parts of the country, "particularly in areas of low vaccination rates."

  • "To date, our data indicates that vaccines are available to neutralize the circulating variants in the United States and provide protection against severe disease, hospitalization, and death," Walensky added.
  • "The message from CDC remains clear: the best way to prevent the spread of COVID-19 variants is to prevent the spread of disease and vaccination is the most powerful tool we have."
  • "Each death is tragic and even more heartbreaking when we know that the majority of these deaths could be prevented with a simple, safe, available vaccine."

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Senate confirms Biden's first judicial nominee as Schumer vows to restore "balance" to courts

The Senate voted 66-33 on Tuesday to confirm Julien Xavier Neals to be U.S. District Judge for the District of New Jersey.

Why it matters: Neals is President Biden's first judicial nominee to be confirmed, as Democrats begin a push to "restore the balance" of the courts after the GOP-led Senate confirmed a record number of conservative judges under former President Trump.

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How Softbank's VisionFund rode the pandemic to an $8 billion net profit last quarter

SoftBank's Vision Fund went from being in the red, with an annual operating loss of $18 billion at one point, to an $8 billion net profit in its most recent quarter — thanks in no small part to the past year's unexpected events.

Why it matters: While the Vision Fund's bet on a global shift to digital services is likely correct, it's hard to believe its financial performance would have rebounded so quickly had 2020 gone differently.

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