Dr Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases prepares to testify ahead of a Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington, U.S., June 30, 2020. Kevin Dietsch | Reuters The coronavirus has mutated in a way that might […]
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Trump administration calls for masks throughout air travel, other guidelines for Covid-19 era
A man seats in front of a closed newstand at LAX Airport at the start of the Memorial Day holiday weekend during the novel coronavirus, COVID-19, pandemic in Los Angeles, California on May 22, 2020. Apu Gomes | AFP | Getty Images The Trump administration on Thursday said air travelers […]
As coronavirus cases soar, Texas issues statewide order requiring face coverings
Medical workers treat a coronavirus disease (COVID-19) patient at the United Memorial Medical Center’s coronavirus disease (COVID-19) intensive care unit in Houston, Texas, U.S., June 29, 2020. Callaghan O’Hare | Reuters Texas Gov. Greg Abbott issued an executive order Thursday requiring residents across the state to wear a face-covering in […]
Judge sends Ghislaine Maxwell to New York to face criminal child sex charges linked to Jeffrey Epstein
NEW YORK, NY – SEPTEMBER 20: Ghislaine Maxwell attends day 1 of the 4th Annual WIE Symposium at Center 548 on September 20, 2013 in New York City. (Photo by Laura Cavanaugh/Getty Images) Laura Cavanaugh | Getty Images A federal judge in New Hampshire on Thursday ordered Ghislaine Maxwell sent […]
June jobs report beats expectations—Five experts on what it means for the economic recovery
Stocks moved higher on a strong June jobs report, though concerns of a rising number of coronavirus cases in the U.S. lingered. Here are five experts on what the jobs report says about the road to recovery. Austan Goolsbee, former chairman of the Council of Economic Advisors, sees a stalemate […]
Texas issues statewide order requiring face coverings
Medical workers treat a coronavirus disease (COVID-19) patient at the United Memorial Medical Center’s coronavirus disease (COVID-19) intensive care unit in Houston, Texas, U.S., June 29, 2020. Callaghan O’Hare | Reuters Texas Gov. Greg Abbott issued an executive order Thursday requiring residents across the state to wear a face-covering in […]
For markets in week ahead, investors will gauge the severity of the coronavirus spread
A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City. Noam Galai | Getty Images Stocks in the week ahead will focus on the severity of the spread of the coronavirus, during what should […]
Tech IPOs are being badly mispriced, as Lemonade and Agora double in market debuts
Technology is moving at warp speed during the coronavirus pandemic, but the IPO process is stuck in place. For a second straight week, a tech company has more than doubled in value upon its stock market debut. Last week, it was Chinese cloud software developer Agora, which surged 150% in […]
Stocks rise after better-than-expected jobs report to close out winning week
Stocks rose on Thursday following a better-than-expected U.S. jobs report as the economy tries to recover from the coronavirus pandemic. The Dow Jones Industrial Average closed 92.39 points higher, or 0.4%, at 25,827.36. The Nasdaq Composite hit a record high, climbing 0.5% to 10,207.63. The S&P 500 also gained 0.5% to […]
Moderna stock falls by as much as 9.4% after report says late-stage coronavirus vaccine trial delayed
Moderna‘s stock fell by as much as 9.4% in midday trading Thursday after a report said the biotech company’s late-stage trial for a potential coronavirus vaccine will be delayed, possibly by a few weeks. The company, which is working with the National Institutes of Health, was expected to begin a phase 3 […]