Jun.14 — President Trump took to social media to explain what looked like a slow, unsteady descent of a ramp at the U.S. Military Academy at West Point on Saturday. …read more […]
Why are gas prices going up? The national average gasoline price continues to rise after record low fuel costs during coronavirus stay-at-home orders. …read more […]
Investor jitters over rising coronavirus cases in key parts of the country stirred up an extension of last week’s pullback in equities. …read more […]
(Bloomberg) — U.S. and Japanese equity futures retreated and the dollar climbed against major peers after a coronavirus outbreak in China added to concerns of a resurgence in the pandemic.S&P 500 futures opened about 1% lower. Beijing closed the city’s largest fruit and vegetable supply center and locked down nearby housing districts after dozens of people associated with the wholesale market tested positive for the coronavirus. That’s after second-wave concerns intensified in some U.S. locations last week. Crude oil retreated.The prospect of another wave of Covid-19 just as economies continue to reopen is keeping traders on edge and pushed global …read more […]
Journal Editorial Report: The week’s best and worst from Kim Strassel, Mary O’Grady and Dan Henninger. Image: Everett Collection …read more […]
Journal Editorial Report: A virus, race and Joe Biden confront the President. Image: David Dee Delgado/Getty Images …read more […]
The latest developments surrounding COVID-19 and its continued impact on the U.S. economy will take center stage in a busy week ahead. …read more […]
Iraq has agreed with major oil companies operating its giant southern oilfields to cut crude production further in June, Iraqi officials working at the fields told Reuters on Sunday. Baghdad aims to improve its compliance with its output cut targets under a global deal with OPEC and its allies to reduce oil supply. Iraq has agreed with Russia’s Lukoil to start an additional cut of 50,000 barrels per day (bpd) as of June 13 to lower production from the West Qurna 2 field to around 275,000 bpd. …read more […]
The coronavirus pandemic paired with unprecedented government stimulus efforts to reverse the financial fallout changed the outlook dramatically. …read more […]
Biotech stocks came under pressure along with the broader market in the week ended June 12, as a worsening pandemic situation and its impact on the economy led to an across-the-board sell-off in the global markets.The week kickstarted with the rumor of a big-ticket acquisition. AstraZeneca plc (NYSE: AZN) reportedly approached Gilead Sciences, Inc. (NASDAQ: GILD) with a bid, although experts and analysts shrugged off the possibility of a deal materializing.The FDA promptly approved Viela Bio Inc’s (NASDAQ: VIE) drug for treating neuromyelitis optica spectrum disorder.More importantly, five biopharma companies debuted on Wall Street, raising a combined $983.25 million. The …read more […]
A new analysis chose 36 American activities and asked four public health experts weigh in on the risk of coronavirus exposure for each activity. …read more […]
Thermal imaging stocks have gotten a lot of attention in 2020 due to the product’s potential role in detecting people who may be infected with COVID-19. These devices are playing a role in allowing companies to safely reopen businesses as the economy recovers, but thermal imaging also has a wide range of other applications that could generate some big long-term gains for investors.Amazon.com, Inc (NASDAQ: AMZN) is already using thermal imaging devices in its warehouses and Whole Foods stores. General Motors Company (NYSE: GM) and Wynn Resorts, Limited (NASDAQ: WYNN) have also said they will be using the cameras.In addition …read more […]
Recently, shares of companies in severe financial distress — including Chapter 11 bankruptcy — have been very popular for day traders, a sign that has many concerned. …read more […]
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