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 »
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 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 …Read More »
Airline stocks suffered big losses on Monday, after data from the US Transportation Security Administration showed that travel demand declined last week to break a streak of 12-week increases from the bottom. of COVID-19 in mid-April. The drop in demand comes as the number of new cases of COVID-19 in …Read More »