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 »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 …
Read More »Funding for $ 300 per week unemployment benefits could run out in six weeks
An additional $ 300 a week in federal unemployment benefits will likely take a few weeks to reach out to workers and funding could be depleted a month and a half later, a Labor official said. The official said states should be able to start making the payments after applying …
Read More »Airline shares rise as travel demand increases, reaching new post-COVID-19 heights
Airline shares were broadly higher on Tuesday, stimulated by a continuing rebound in demand from travelers for fresh post-COVID-19 highs and notable analyst remarks that stimulate investor interest. The US Global Jets exchanged trade found JETS, + 1.03% rose 3% to a nearly two-month high in morning trading. The ETF …
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