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Goldman Sachs gets even gloomier on the US economy

By Julia Horowitz, CNN Business Goldman Sachs is becoming increasingly pessimistic about the US economy as coronavirus support from the government phases out and consumer spending remains on an uncertain path. What’s happening: Over the weekend, the Wall Street bank downgraded its forecast for America’s economic growth, which is closely monitored by the investment community.

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Merck seeks FDA emergency use authorization for antiviral Covid-19 treatment molnupiravir

By Jamie Gumbrecht and Maggie Fox, CNN Merck said Monday it is seeking US Food and Drug Administration emergency use authorization for its experimental antiviral Covid-19 treatment, molnupiravir. If authorization is granted, the drug, made by Merck and Ridgeback Biotherapeutics, would be the first oral antiviral treatment to fight Covid-19. It comes in capsule form.

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Malaysia and Singapore ease international travel restrictions in pivot to living with Covid

By Rhea Mogul, CNN Singapore and Malaysia have each revealed plans to start reopening their borders as the Southeast Asian neighbors move away from their zero-Covid strategies toward living with the virus. Malaysian Prime Minister Ismail Sabri Yaakob said Sunday the country would end its domestic and international travel restrictions for fully vaccinated residents from

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Judge rejects plea agreements from US Navy engineer and wife charged with conspiracy to sell classified information to foreign country

By Ellie Kaufman, CNN A federal judge in West Virginia rejected proposed plea agreements made between federal prosecutors and a US Navy nuclear engineer and his wife who pleaded guilty to conspiring to sell classified information to a foreign country in exchange for thousands of dollars in cryptocurrency. Judge Gina Groh rejected the plea agreements,

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