The Trump administration has rescinded a rule that would have required international students to transfer schools or leave the country if their universities teach fully online next semester due to the coronavirus pandemic. The United States Immigration and Customs Enforcement Service (ICE) announced the decision as a court hearing began …
Read More »Wall Street waves, led by energy and materials
(Reuters) – Wall Street rose on Tuesday, with the Dow Jones Industrial Average finishing more than 2% higher when investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. In widespread trade, Moderna Inc increased 18% after the biotech company’s experimental vaccine for COVID-19 showed …
Read More »Trump downplays police violence against blacks, says ‘more white people’ were killed
WASHINGTON (Reuters) – President Donald Trump on Tuesday praised US police departments and downplayed police violence against blacks, saying “more white people” are killed by police officers. During a CBS News interview, the Republican president was asked why blacks continued to die at the hands of law enforcement. “And also …
Read More »Fed officials warn of ‘thick fog’ looming for the US economy as recovery concerns deepen
WASHINGTON (Reuters) – The US economy will recover more slowly than expected amid a surge in new cases of coronavirus across the country, and a broad second wave of the disease could cause economic pain to deepen again Federal Reserve officials warned Tuesday. FILE PHOTO: A pedestrian walks past a …
Read More »Modern Phase 1 results show that the coronavirus vaccine is safe and induces an immune response
CHICAGO (Reuters) – Moderna Inc’s (MRNA.O) The experimental vaccine for COVID-19 was shown to be safe and elicited immune responses in all 45 healthy volunteers in an early-stage study, US researchers reported Tuesday. The volunteers who received two doses of the vaccine had high levels of anti-virus antibodies that exceeded …
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