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Oil slumps on Omicron fears; posts biggest monthly fall in 20 months NEW YORK, Nov 30 (Reuters) - Oil prices tumbled on Tuesday after Moderna's chief cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial markets and heightening worries about oil demand.
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Sky high home prices push Fannie Mae and Freddie Mac to back loans of nearly $1 million The increase, up $98,950 from $548,250 in 2021, is the largest percentage increase and dollar increase in the history of the measurement going back to 1980.
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5 things to know for November 30: Coronavirus, Supply chain, China, Barbados, Twitter At least 19 countries have reported cases of the variant, and 70 countries and territories have imposed travel restrictions. The economic outlook was also darkened by Moderna's CEO, who said vaccines may struggle with this variant.
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FDA advisers vote to recommend authorization of a pill to treat Covid-19 (CNN) Advisers to the US Food and Drug Administration voted 13-10 Tuesday to recommend emergency use authorization of a pill made by Merck and Ridgeback Biotherapeutics to help treat Covid-19. Members of the FDA's Antimicrobial Drugs Advisory Committee ...
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Biden discusses holiday supply chain issues with business CEOs NPR's Noel King talks with Mattel CEO Ynon Kreiz about supply chain problems and Monday's White House meeting that President Biden had with top retail executives. NOEL KING, HOST: The holidays are fast approaching, and the Biden administration is ...
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Stocks and oil fall on renewed worries about Omicron. Global stocks fell on Tuesday, following a short respite the day before, as traders were once again unnerved by the new Omicron variant of the coronavirus and its potential ability to evade existing vaccines. Oil prices also dropped.
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Education Department Addresses Student Loan Forgiveness Richard Cordray, Chief Operating Officer of Federal Student Aid, reviewed the status of broad student loan forgiveness during a U.S. Department of Education conference for college financial aid administrators. Student Loan Forgiveness and Debt Relief.
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Biden meets with retailers and grocers to discuss supply chain as holiday season begins Washington (CNN) President Joe Biden met with the CEOs of a number of major retailers and grocers on Monday to discuss the holiday shopping season, part of the administration's ongoing effort to emphasize the strength of the nation's supply chains amid ...
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Executive behind Facebook-backed Novi crypto wallet to leave company Marcus, who joined Facebook from PayPal, has run Novi, the company's financial technology business, since May 2018. He was responsible for stewarding the launch of Libra, an as-yet-unlaunched cryptocurrency that was rebranded Diem after the project faced ...
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250+ Cyber Monday deals you can still shop today Procrastinators, rejoice! Cyber Monday has come and gone, but quite a few deals are here to stay. If you missed out on some of the shopping from yesterday's major sales, you're in luck! Quite a few retailers have kept the discounts going this week, so you ...
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