Apr 11, 2017

Children's chances of surviving leukemia depend on where they live

AP

Worldwide disparities in childhood leukemia survival rates have narrowed in recent years, but there are still wide gaps between developed and developing nations, a new study shows. In some countries, the five-year rate of survival is nearly twice as high as in others.

Why it matters: The findings underscore the need for more advanced medical diagnosis and treatment options in low- and middle-income countries where 80% of childhood leukemia cases occur.

What the data show: Researchers looked at individual leukemia patient data for nearly 90,000 children from 198 cancer registries in 53 countries. The five-year survival rate for acute lymphoblastic leukemia was 92% in Germany, 89% in the UK, and 88% in the United States for the most recent data available. It was 69% in China and just 52% in Colombia.

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Fed will lend up to $2.3 trillion amid coronavirus crisis

Fed Chairman Jerome Powell at a press conference in March. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve announced Thursday that it will support the coronavirus-hit economy with up to $2.3 trillion in loans to businesses, state and city governments — made possible in part by Treasury funds set aside in the government stimulus package.

Why it matters: The Fed has taken more action amid the coronavirus outbreak than it has in any other financial crisis in U.S. history in an effort to blunt the effects of the resulting economic shutdown.

DetailsArrowUpdated 16 mins ago - Economy & Business

Senate Democrats block Republicans' $250 billion PPP injection

Illustration: Sarah Grillo/Axios

Before the Paycheck Protection Program formally launched last Friday, we knew two things: The rollout would be rocky, and the initial $250 billion wouldn't be enough for America's small businesses.

The state of play: Banks and government officials have been working to smooth out the process. On Thursday, Senate Majority Leader Mitch McConnell's attempt to pump another $250 billion into the program via unanimous consent was blocked by Democrats, who are proposing an alternative that includes billions more for hospitals and states.

Go deeperArrowUpdated 18 mins ago - Economy & Business