A logo of Hyundai Motor is seen on a glass door at a company branch in Seoul on July 23, 2015 Jung Yeon-Je | AFP | Getty Images South Korean automakers Hyundai Motor and Kia Motors said Monday they are not in talks with Apple to develop an autonomous vehicle. […]
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Stock futures higher following best week since November
U.S. stock index futures rose in overnight trading on Sunday, as the major averages looked to accelerate gains following the best week since November. Futures contracts tied to the Dow gained 75 points, or 0.27%. S&P 500 futures were 0.3% higher, while Nasdaq 100 futures advanced 0.33%. The S&P 500 […]
Biden says it will be very difficult to achieve Covid herd immunity before summer’s end
Healthcare workers administer Pfizer-BioNTech Covid-19 vaccines at a vaccination site inside a church in the Bronx borough of New York, on Friday, Feb. 5, 2021. Angus Mordant | Bloomberg | Getty Images President Joe Biden won’t commit to achieving herd immunity to the coronavirus in the U.S. by the end […]
Reddit rebellion is a sign of ‘irrational exuberance,’ but market bull Ed Yardeni suggests it’s different this time
As the Reddit rebellion tries to make a comeback, one long-time market bull is seeing euphoria at dot-com bubble levels. According to Ed Yardeni, it’s happening because the government is unintentionally setting the stage for retail investors to wage highly speculative bets. “There’s just so much liquidity that has been […]
Biden says there will be ‘extreme competition’ with China, but won’t take Trump approach
President Xi Jingping. Getty Images WASHINGTON – President Joe Biden said his administration was ready for “extreme competition” with China but that his approach would be different than his predecessor. “I’m not going to do it the way Trump did. We are going to focus on the international rules of […]
GOP Sen. Pat Toomey says conviction of Trump is ‘very unlikely’ as Senate trial is set to start
U.S. Senator Pat Toomey (R-PA) questions Treasury Secretary Steven Mnuchin during a hearing on “Examination of Loans to Businesses Critical to Maintaining National Security” before the Congressional Oversight Commission at Dirksen Senate Office Building, in Washington, December 10, 2020. Sarah Silbiger | Pool | Reuters One of Donald Trump‘s harshest […]
U.K coronavirus strain is doubling in the U.S. every 10 days, study finds
The mutant coronavirus strain first identified in the United Kingdom remains at low levels in the United States but is doubling its reach approximately every 10 days, according to a study published by researchers on Sunday. The study bolstered modeling done by the Centers for Disease Control and Prevention, which […]
Here are all the Super Bowl ads that have been released so far
Cheetos’ Super Bowl ad will feature a snack-themed rendition of Shaggy’s “It Wasn’t Me.” Frito-Lay This year’s Super Bowl will be an extravaganza of first-time Super Bowl advertisers. Super Bowl mainstay ads for such products as Pepsi, Coke and Budweiser aren’t being bought for this year’s game, though Pepsi is […]
Biden says Iran must return to negotiating table before U.S. lifts sanctions
U.S. President-elect Joe Biden attends a briefing to deliver remarks on the U.S. response to the coronavirus disease (COVID-19) outbreak, at his transition headquarters in Wilmington, Delaware, December 29, 2020. Jonathan Ernst | Reuters WASHINGTON – President Joe Biden said the United States will not offer sanctions relief as a […]
Yellen says U.S. could return to full employment next year if Congress passes $1.9 trillion stimulus
Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters The U.S. could return to full employment in 2022 if President Joe Biden‘s $1.9 trillion coronavirus rescue package is passed, Treasury […]