Here is another cloud on the horizon for e-cigarette companies. A new Stanford study links vaping to a “substantially increased risk” of COVID-19 in teens and young adults. The nationwide sample of more than 4,000 participants conducted in May found that people who were armed were five to seven times …
Read More »Modern stockrally disappears as analysts weigh on what US government deal means for COVID-19 vaccine prices
The rally in shares in Moderna Inc. jumped through news late Tuesday that the U.S. government ordered 100 million doses of its COVID-19 vaccine candidate on Wednesday as analysts waited for what the order meant for prices. Modern MRNA, + 1.94% is widely regarded as a front-runner in the race …
Read More »Russia’s states to reopen slowed the recovery of the US
WASHINGTON (AP) – A top official at the Federal Reserve criticized the decision by many states to open businesses this spring before the virus came under full control, saying these choices have hindered an economic recovery in the US Eric Rosengren, president of the Federal Reserve Bank of Boston, said …
Read More »Texas passes cases of 500K; infection rate rises to new high
AUSTIN, Texas (AP) – Texas on Tuesday passed 500,000 confirmed cases of coronavirus as a Republican government. Greg Abbott suggested meetings for family and neighborhood are behind a sharp increase in the rate of positive testing, which has climbed to record levels just as schools begin to open across the …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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