Moderna plans to submit its Covid-19 shot for regulatory approval in the US and the EU on Monday, making it the second western vaccine maker on track to start distribution in December. The Boston-based biotech’s new trial data showed its vaccine’s efficacy rate was 94.1 per cent and there were no serious safety concerns. Stéphane
Month: November 2020
Frank Calderoni, CEO of Anaplan. Adam Jeffery | CNBC In the final leg of 2020, stocks have delivered a record-breaking rally. The Dow Jones Industrial Average recently closed above 30,000 for the first time, with the other major U.S. stock indexes hovering close to record highs. Encouraging updates on the advancement of a coronavirus vaccine
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca is likely to run a new global trial of its Covid-19 vaccine candidate, according to CEO Pascal Soriot. He told Bloomberg News that the drugmaker may launch a fresh study testing the vaccine at a lower dosage, rather than
At $7 million, Atherton, California’s 94027 remains the most expensive Zip code for the fourth … [+] consecutive year. Getty Images A market defined by intense demand for relatively tight supply has pushed home value growth to record levels across the country. To get an idea of where home prices have been resilient in the
People walk into a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Strong, Covid-induced demand from homebuyers over the summer caused an exceptionally strong spike in home prices. Values jumped 7% annually, in September, up from a 5.8% annual gain
COVID-19 related curbs on economic activity in Massachusetts triggered a downgrade on Wednesday from S&P Global Ratings, which lowered its rating on the commonwealth’s Series 2004 special obligation dedicated tax revenue bonds and Series 2005 revenue refunding bonds two notches to BBB-plus from A. The outlook is negative. “The downgrade reflects a significant drop in
As concerns about the Trump trade continue to rise, investors are pouring money into Emerging Market ETFs. Vanguard FTSE Emerging Markets ETF: https://www.zacks.com/funds/etf/VWO/profile?cid=CS-YOUTUBE-FT-VID IShares MSCI Emerging Markets Index Fund: https://www.zacks.com/funds/etf/EEM/profile?cid=CS-YOUTUBE-FT-VID IShares Core MSCI Emerging Markets ETF: https://www.zacks.com/funds/etf/IEMG/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, in a detailed pitch to bury the tensions of the Trump era and meet the “strategic challenge” posed by China. A draft EU plan for revitalising the transatlantic partnership, seen by the Financial Times, proposes new co-operation on
Source: Goodfon Instrument The VanEck Vectors Russia ETF (BATS:RSX) is a fund that offers exposure to equities from Russia, which include publicly-traded companies that are incorporated in Russia or that are incorporated outside of Russia but have at least 50% of their revenues/related assets in Russia. Source: VanEck Source: TradingView Note: The RTS Index is
For more than a century the sprawling lignite mines in Australia’s Latrobe Valley provided the fuel that powered the southern state of Victoria. At its peak five coal-fired power plants burnt the soft, brown sedimentary rock — one of the dirtiest sources of energy — casting vast plumes of toxic smoke into the atmosphere that accounted for
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. By one firm’s analysis, PayPal and Square clients have been buying the majority of the new bitcoin
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters Check out the companies making headlines in midday trading. Moderna — The drugmaker’s stock jumped 11% after AstraZeneca’s CEO said the
New York apartment owners are open to generous concessions to renters getty Here’s The “2020 State of the American Renter Report” from Zumper.com, the largest privately held rental marketplace in the United States. This year’s report included Zumper’s 2020 Annual Renter Survey Results and 2020 US Rental Market Analysis. It’s no surprise that the country’s rental market
As many as 35 million Americans are facing the possibility of eviction due to an inability to make housing payments on time. In some states, such as Mississippi, Florida, and West Virginia, the proportion of renters facing the possibility of eviction exceeded 50% earlier this year. If you’re among the millions of Americans caught in the late
The pre-thanksgiving feast of economic data released on Wednesday showed momentum seen earlier in the quarter is waning, according to one analyst, while another saw “malaise,” as the number of coronavirus cases rises and governments add restrictions. “After the data today, it does appear as if the momentum from the start of the quarter is
The UK is poised to become the first western country to approve a Covid-19 vaccine, with the independent regulator set to grant approval within days. Deliveries of the vaccine developed by BioNTech and Pfizer would begin within hours of the authorisation, according to government officials. The first injections could take place from December 7. The
Bitcoin’s (BTC) rise above $20,000 will have to wait as the price saw a strong correction which and turned away from reaching a new all-time high. Data suggests that whales decided to book profits when Bitcoin was close to $19,000 and this pulled the price lower. This fall could have resulted in the liquidation of
It has taken just 10 months, in UK prime minister Boris Johnson’s flamboyant assessment, for “the scientific cavalry” to arrive. When three groups announced in quick succession this month that the vaccines they had developed against Covid-19 had proved highly effective in clinical trials, the news offered not only a blazing ray of hope for a
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
Traders work the floor of the New York Stock Exchange. NYSE Stocks next week will come off one of their best months ever into a busy week of economic data and the ongoing tensions between the spreading virus and positive news on vaccines and treatments. Another highlight of the week is expected to be Tuesday’s
Here’s your holiday gift guide for the home Unsplash Not sure what to get everyone on your list this year? You likely aren’t alone. After such a defining period, where most of us have ended up spending more time than ever at home, what could be more appreciated and useful right now than gifts for
Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
Federal Reserve officials discussed providing more guidance on their bond-buying strategy during their Nov. 4-5 policy meeting. “Many participants judged that the Committee might want to enhance its guidance for asset purchases fairly soon,” according to meeting minutes published Wednesday by the Fed. In addition, “most participants judged that the guidance for asset purchases should
Global stocks were on track for their best month on record on Friday, propelled by a series of Covid-19 vaccine breakthroughs and optimism over Joe Biden’s victory in the US presidential election. MSCI’s index of developed and emerging markets is up almost 13 per cent so far in November with a slim gain of 0.1
SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test of the rocket to date.
Check out the companies making headlines in midday trading. Deere — Shares of the equipment maker slipped more than 1% despite the company betting top and bottom line estimates during the fourth quarter. Deere earned $2.39 per share during the period, ahead of the $1.49 expected by analysts surveyed by Refinitiv. The company said in
Pet adoption and foster rates have soared during the pandemic. But for those living in dense urban … [+] areas, finding pet-friendly accommodations isn’t always easy. getty More dogs and cats are finding homes during the coronavirus pandemic, as many people have turned to furry friends to fill the emotional void while they social distance
In this Tuesday, July 17, 2012 photo, a single family home is offered for sale in the Hollywood area of Los Angeles. Average rates on fixed mortgages fell again this week to record lows, creating more incentive for buyers to enter the recovering housing market. Mortgage buyer Freddie Mac said Thursday, July 19, 2012, that
The municipal market firmed Wednesday as it got ready for the Thanksgiving holiday and looked ahead to next week’s supply slate. IHS Ipreo estimates volume for the week of Nov. 30 will be $7.68 billion, up from the under $1 billion seen this week. The calendar is composed of $6.99 billion of negotiated deals and
The German audit watchdog has told prosecutors that EY may have acted criminally during its work for Wirecard, a step that significantly escalates the legal and reputational risks for the accounting firm. People familiar with the matter said that Apas, the watchdog, had sent a report to prosecutors. It is the first time a government