Oil finished higher on Monday, with prices staying above $ 40 a barrel as positive test results for a coronavirus vaccine helped offset concerns about energy demand linked to the surge in global cases of COVID-19 above 14.5 million. Risk appetite received a boost “following news that a coronavirus vaccine …
Read More »AstraZeneca Covid-19 data looks positive, but falls short of last week’s hype
Text size Jason Alden / Bloomberg Data on the Covid-19 vaccine in development by AstraZeneca and the University of Oxford published in The Lancet on Monday looked positive, but the stock fell after rising last week due to high expectations for the data. Shares of the US deposit receipt for …
Read More »Why could pooled evidence be a breakthrough in the fight against COVID-19?
Hopes of a COVID-19 summer pardon have been dashed as cases rose in June. As infections increase, so does the need for testing. In late June, Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, announced that health officials were considering conducting pooled tests for COVID-19 …
Read More »The proportion of Americans who default on their mortgage payments falls to the lowest level in two months.
Fewer Americans now have agreements with their mortgage servicers to skip their monthly payments. Getty Images / iStockphoto Fewer than 4 million homeowners in the US skip their mortgage payments, according to new estimates by the Mortgage Bankers Association released Monday. The business group reported that only 7.8% of mortgage …
Read More »Chipotle earnings preview: digital menu exclusives could drive sales
Chipotle Mexican Grill Inc. may launch digital-only menu items that drive sales, according to UBS analysts. Chipotle CMG, + 2.42% Digital sales increased 81% in the first quarter. The company has focused on improving its online business, such as installing Chipotlanes that enable rapid digital order picking, despite the coronavirus …
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