Dow and S&P 500 power to a record closin...
The S&P 500 ended the year at an all-time closing high, securing a gain of just over 16% for the year, or 18% with reinvested dividends. This marked a back-to-back year of double-digit gains for t...
Following Pfizer, the FDA officially approves...
The US Food and Drug Administration (FDA) formally approved the emergency use authorization for the Modena vaccine on the 18th. The FDA issued a statement stating that "there are now two vaccines that...
US allows emergency COVID-19 vaccine in bid t...
WASHINGTON (AP) — The U.S. gave the final go-ahead Friday to the nation’s first COVID-19 vaccine, marking what could be the beginning of the end of an outbreak that has killed nearly 300,000 Ameri...
The White House proposes a new $916 billion s...
The White House announced a $916 billion stimulus plan on Tuesday to finally break the months-long deadlock over new aid to the corona virus hitting the US economy, after President Donald Trump resign...
Former Fed Chair Janet Yellen reportedly Bide...
Former Federal Reserve Chair Janet Yellen will serve as the 78th Treasury Secretary of the U.S., the Wall Street Journal reported Monday afternoon, citing people familiar with President-elect Joe Bide...
Moderna announces that the effectiveness of t...
Moderna (16th) issued a statement on Twitter on Monday, saying that preliminary analysis of data from more than 30,000 American volunteers showed that Moderna's vaccine mRNA-1273 actually prevented al...
Pfizer Analysts Raise Odds Of Success For Cor...
The more than 90% efficacy with 94 cases suggests the final analysis with 164 cases will in all likelihood exceed the FDA's efficacy criteria of 50%, Risinger said in a note.
Based on th...
U.S. non-agricultural employment data in Sept...
Data released by the U.S. Department of Labor last Friday showed that employment growth in the United States in September slowed more than expected, and more than 300,000 Americans once again lost the...
Cineworld, the world’s second largest c...
As the coronavirus continues to exert pressure on the film industry, Cineworld, the world’s second largest theater operator, said on Sunday that it is considering temporarily closing all its theaters ...
President Trump infected with covid-19
Although U.S. stocks closed down on Friday, the three major U.S. stock indexes all recorded gains this week. The Dow rose 1.9% a week, the S&P 500 index rose 1.5%, and the Nasdaq rose 1.5%.
The...