Moderna’s shares fell as much as 9.4% in midday trading on Thursday after a report said the biotech company’s late-stage trial for a possible coronavirus vaccine would be delayed, possibly a few weeks. The company, which is working with the National Institutes of Health, was expected to begin a phase …
Read More »US coronavirus cases skyrocket by more than 50,600 in a record one-day jump
People wait in line at a COVID-19 testing site during the new coronavirus pandemic, Tuesday, June 30, 2020, in Miami Beach, Florida. Lynne Sladky | AP The United States reported more than 50,600 additional cases of coronavirus on Wednesday, the largest increase in a single day since the outbreak began, …
Read More »Dr. Scott Gottlieb says he believes the worst of the US coronavirus epidemic “will end in January.”
The worst of the US coronavirus outbreak will end in January with a vaccine or because enough people in the country will have already been infected and have some immunity, former Food and Drug Administration Commissioner Dr. Scott said Thursday. Gottlieb. The restrictions and guidance put in place to curb …
Read More »Mortgage rates reached a new all-time low before the weekend of July 4
Could average mortgage rates fall below 3%? If the recent trend continues, it is a clear possibility. The 30-year fixed-rate mortgage averaged 3.07% for the week ending July 2, six basis points less than the week before, Freddie Mac FMCC, + 1.59% reported Thursday. In comparison, these loans had an …
Read More »Pfizer’s shares rise as the company reveals the timeline for the coronavirus vaccine.
Text size Daniel Acker / Bloomberg Shares of the large pharmaceutical company Pfizer continue to rise one day after the company revealed promising and detailed data on a trial of its experimental vaccine Covid-19. Analysts said the highly aggressive timeline the company outlined on Wednesday was exciting, but far from …
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