A growing number of prominent Wall Street institutions are making the prediction that 2020 will be the year for Europe’s stock market to overshadow its American counterpart as the coronavirus takes divergent paths across the two economic powers. Despite the United States struggling to curb the deadly COVID-19 disease, the …
Read More »
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 »
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 …
Read More »
American Airlines AAL, -1.98% It has come under scrutiny for its decision not to block intermediate seats on flights in the name of preventing coronavirus transmission, but many other airlines have taken the same stance. The airline announced last week that starting Wednesday, July 1, it will resume booking flights …
Read More »
An emerging strain of flu in China is drawing scientists’ attention just as the world is battling the worst pandemic since the 1918 Spanish flu. Chinese researchers identified a new strain of influenza that is infecting pigs in China and that has characteristics of the so-called swine flu, or H1N1, …
Read More »