The COVID-19 vaccine candidates developed by Moderna Inc. and BioNTech and Pfizer Inc. will require strict standards for cooling, and that may hinder how they are distributed to the hundreds of millions of Americans who expect to receive them. Shares of Modern MRNA, -3.54% were 3.6% lower in trading on …
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The Federal Open Market Committee on Thursday announced that it has approved changes in its written policy strategy that are widely seen as leading to an easier position of monetary policy over time. In a statement, the Fed said it had adopted an “average inflation target” and acknowledged the benefits …
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A worker from the Chinese company Shanghai Zhenhua Heavy Industries runs past one of the two blue giant portico cranes Malaccamax, during their unloading on 23 July 2020, at the port of Fos-sur-Mer, on the outskirts of Marseille, southern France. clement mahoudeau / Agence France-Presse / Getty Images The US …
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The numbers: New unemployment benefits fell to just over $ 1 million in late August, resuming a downward trend, perhaps signaling the resumption of a slow or painful recovery in the U.S. labor market. Initial unemployment claims, a rough measure of redundancies, were rejected by 98,000 to 1 million in …
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A divergence between the S&P 500 and VIX indices raises a ‘red flag’ for the stock market rally, warned former hedge fund investor Jesse Felder. Getty Images It’s a waiting game for investors early on Thursday. Markets are waiting patiently and somewhat nervously for Federal Reserve President Jerome Powell’s keynote …
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