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CDC Director warns about Delta-hit areas of U.S; Pfizer CEO predicts ‘normal life’ within a year

Yahoo Finance Live discusses the 'dire' Delta variant surge, Pfizer CEO Albert Bourla's latest comments, and more.

Video Transcript

BRIAN SOZZI: A new warning on the COVID-19 front has emerged. Yahoo Finance's senior health care reporter Anjalee Khemlani has the details. Anjalee?

ANJALEE KHEMLANI: That's right, Brian. We've got some news this morning. Over the weekend, a lot of discussion around COVID-19 and its impact on US hospital systems. The CDC director saying that it has put, really, a strain on some hospitals, as we've seen. And some of them are in, quote, unquote, dire straits.

We continue to see this happen. A new article out in "The New York Times" today highlighting just where some of those unvaccinated individuals are. And that has been largely credited with the surges in some of these systems, specifically in states that vote Republican.

Meanwhile, we know that the Pfizer CEO did speak to several news outlets and has said that we will be able to come back to normal life next year. He follows what Moderna's CEO Stephane Bancel has previously said as well. Both have said though, that this is based on the virus not entirely going away and likely the need for annual boosters, which is a point they have made from the beginning.

We know that data has yet to really back that up. We're still studying that on whether or not further boosters will be needed, though we know that some level of immunity does wane over time, especially in the face of new variants. So a lot to really still be known right there. Back to you.

BRIAN SOZZI: Angelique Khemlani, thanks so much.

One doesn't have to look too far to find the ongoing impacts of the pandemic. Today's Yahoo Finance Stat of the Day are actually several stats out of Goldman Sachs. "TSA traveler throughput and hotel activity have declined by roughly 5% from their July averages, while restaurant spending has been flat. Meanwhile, office attendance in large cities is still just 1/3 of its pre-pandemic level."