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FDA authorizes the first coronavirus vaccine, a rare moment of hope in the deadly pandemic The Food and Drug Administration on Friday gave emergency use authorization to the nation's first coronavirus vaccine, launching what scientists hope will be a critical counteroffensive against a pathogen that has killed more than 290,000 Americans, ...
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FDA says it 'will rapidly work toward' approval of Pfizer-BioNTech coronavirus vaccine The thumbs' up from the FDA's vaccine advisory committee was the culmination of an all-day meeting during which the panel heard presentations on the safety and effectiveness of the vaccine, including plans to monitor its longer-term safety.
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Year-end Santa rally could depend on the big week ahead for markets As the year comes to a close, there's one big last big week so full of events that it will make a difference to markets. In the week, Congress needs to wrap up stimulus, the Fed will discuss policy changes, and Tesla will be the biggest stock ever added to the ...
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Regulators want to break up Facebook. That's a technical nightmare, insiders say. Facebook has spent years integrating Instagram and WhatsApp: weaving their ad systems, user profiles, databases and other technology with Facebook. What to the public appear as distinct products are one giant social network on the back end. Support our ...
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Powell Wins a Place in Pantheon of Fed Chiefs Alongside Volcker Jerome Powell was a middle-ranking Treasury Department official in the early 1990s when he first encountered legendary central banker Paul Volcker. "I was frightened of even meeting him," the Federal Reserve chair recalled last year. "I was just so ...
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Small-business loans to big companies prompt Congress to overhaul PPP rules Ongoing revelations about how big businesses and chains were able to secure hundreds of millions of dollars in funding from the Paycheck Protection Program are shaping discussions in Congress about which employers should be eligible if another $300 ...
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How Many Vaccine Doses Will Your State Get? Though federal regulators are responsible for deciding when a vaccine can be safely used, it is largely up to the states to determine how to deploy the doses they receive. Recipients of both vaccines will need two doses administered weeks apart. Distribution is ...
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Dollar up as risk sentiment sours, sterling dips on Brexit fears NEW YORK (Reuters) - The greenback bounced on safe haven buying on Friday as risk appetite fell due to concerns over delayed U.S. fiscal stimulus amid a surge in COVID-19 cases and the increasing likelihood that Britain will exit the European Union ...
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US producer prices rise moderately; COVID-19 seen taming inflation WASHINGTON (Reuters) - U.S. producer prices barely rose in November, supporting views that inflation would remain benign in the near term as a flare-up in new COVID-19 infections restrains the labor market and demand for services. FILE PHOTO: ...
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Oil pulls back amid New York coronavirus curbs NEW YORK (Reuters) -Oil prices turned lower on Friday, as demand worries due to new coronavirus-related restrictions on business in New York overshadowed progress toward vaccination programs. FILE PHOTO: The OML 25 Shell flow station, which was ...
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