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Dollar falls as investors eye more US stimulus; sterling sinks NEW YORK (Reuters) - The U.S. dollar index traded near a 2-1/2-year low on Monday after weak U.S. jobs data heightened expectations of economic aid, while sterling slumped as Britain and the European Union made a last-ditch attempt to strike a trade ...
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An underperforming Exxon Mobil faces a new climate threat: Activist investors Exxon Mobil has been a laggard in the oil and gas sector and has seen its market value decline by hundreds of billions of dollars. Pension giant CalSTRS is supporting a new activist fund effort to replace Exxon board members. Activists see this as a perfect ...
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Trump Administration Passed on Chance to Secure More of Pfizer Vaccine WASHINGTON — Before Pfizer's coronavirus vaccine was proved highly successful in clinical trials last month, the company offered the Trump administration the chance to lock in supplies beyond the 100 million doses the pharmaceutical maker agreed to sell ...
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Dollar near 2018 lows as traders eye more US stimulus; sterling sheds 1% LONDON (Reuters) - The U.S. dollar index remained near Friday's two-and-a-half-year low on Monday as weak U.S. jobs data last week heightened expectations of economic aid, while sterling sank as Britain and the European Union made a last-ditch ...
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Pfizer tells US officials it cannot supply additional vaccine until late June or July Pfizer has told the Trump administration it cannot provide additional doses of its coronavirus vaccine until late June or early July because other countries have rushed to buy up its supply, according to multiple individuals familiar with the situation. Support our ...
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Is Goldman Sachs Going to Florida? Goldman Sachs is one of Wall Street's best-known firms, its identity indelibly tied to New York. Yet it may move at least some parts of a major division to Florida, with costs and the pandemic in mind. DealBook has confirmed that the bank has explored moving ...
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FCC announces billions in awards to provide rural areas with broadband access SpaceX joins Charter Communications, LTD Broadband and the Rural Electric Cooperative Consortium in receiving large grants. Elon ...
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G7 finance officials back need to regulate digital currencies: Treasury WASHINGTON/BERLIN (Reuters) - Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies, the U.S. Treasury Department said in a statement on Monday after a ...
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Why Dow, S&P can keep climbing the market's wall of worry, according to history Since WWII, there have been 36 years in which the S&P 500 recorded an 11-month rise of 10% or more. In a majority of those trading scenarios since 1945, both the Dow Jones Industrial Average and S&P 500 posted additional gains in the final month of the ...
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Countdown to America's first coronavirus vaccine: What to watch this critical week For a nation ravaged by the pandemic, this week marks a pivotal moment — the final push by federal regulators to clear the first experimental coronavirus vaccine for a besieged populace. If all goes as expected over the next few days, the Food and Drug ...
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