Consumers begin their Black Friday specials shopping as Macys opens their doors at 5pm on Thanksgiving Day on November 28, 2019 in New York. Bryan R. Smith | AFP | Getty Images Retailers could end up having a strong finish to 2020, despite all of the challenges that the coronavirus pandemic has dealt the industry,… Read […]
Continue readingThe vaccine being developed by AstraZeneca and the University of Oxford can prevent 70.4% of people from getting COVID-19, and up to 90% if a lower dose is used. justin tallis/Agence France-Presse/Getty Images AstraZeneca and the University of Oxford said on Monday that their COVID-19 vaccine candidate was found to be as much as 90% […]
Continue readingThe U.K. has ordered 40 million vaccine doses from Pfizer and BioNTech – enough for up to a third of the population. justin tallis/Agence France-Presse/Getty Images The U.K.’s medicines regulator said on Monday that a decision on whether to approve the Pfizer-BioNTech coronavirus vaccine will be made in the “shortest time possible,” after receiving data […]
Continue readingStocks fell on Friday as rising new coronavirus cases, coupled with questions around central-bank funding for key emergency programs, cast doubt on a swift economic recovery. The Dow Jones Industrial Average dropped 219 points, or 0.8%. The S&P 500 dipped 0.7%. The Nasdaq Composite was down 0.4%, erasing an earlier gain. Boeing and Salesforce were… Read […]
Continue readingPresident Trump speaks on prescription drug prices in July. Getty Images President Donald Trump on Friday announced rules intended to lower U.S. drug prices, as he continues to contest the results of the Nov. 3 election and it’s unclear whether the incoming Biden administration will accept the new regulations.
Continue readingRetailers have been particularly hard-hit by the coronavirus-induced recession forcing many stores to close, resulting in layoffs. VALERIE MACON/AFP via Getty Images Unemployed Americans have seen their benefits shrink over the past few months, and the holiday season will bring yet another financial blow — and it’s not related to shopping for presents.
Continue readingTyson is facing wrongful death lawsuits tied to its handling of the coronavirus pandemicTyson Foods Inc. TSN, -2.51% says COVID-19-related expenses in fiscal 2020 reached $540 million, with the meat producer spending $200 million in the fiscal fourth quarter alone.
Continue readingAn oil and gas processing plant in Louisiana. AFP via Getty Images Like World Wide Wrestling champ Randy Orton, energy stocks came from “outta nowhere” this month to beat the heck out of the rest of the market.
Continue readingCharles Evans, President of the Federal Reserve Bank of Chicago, speaks during a conference at the Federal Reserve Bank of Chicago on June 04, 2019 Scott Olson/Getty Images Chicago Federal Reserve President Charles Evans said Friday he was disappointed that the Treasury Department decided not to extend some Fed emergency loan programs to small businesses […]
Continue readingWhile the pandemic is transforming the way many people will be celebrating Thanksgiving this year, here’s one change to be thankful for: the cost of buying the turkey and the trimmings to feed your family is the lowest it’s been in 10 years.
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