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'Increasingly alarmed.' Joe Manchin goes after the Fed on inflation New York (CNN Business) Democratic Senator Joe Manchin is taking the Federal Reserve to task over inflation. In a Thursday letter to Fed Chairman Jerome Powell, Manchin called for the US central bank to immediately reverse course and remove stimulus ...
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United Airlines mandates Covid-19 vaccines for all employees United Airlines will join the growing list of companies that are requiring employees get vaccinated against Covid-19, the first major US airline to implement such a mandate. A United executive said it was not considering a similar rule for passengers, and that ...
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Nearly One Million Jobs Added In July: Will The Delta Variant Derail The Growth? The unemployment rate dropped to 5.4%, signaling the economy is improving. The U.S. Department of Labor reported, "Notable job gains occurred in leisure and hospitality, in local government education and in professional and business services.".
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Indonesia just had its biggest-ever IPO Hong Kong (CNN Business) An e-commerce company has just pulled off Indonesia's biggest initial public offering ever. It's the latest sign that Southeast Asia's startup community is taking off. Jakarta-based Bukalapak began trading on the Indonesian Stock ...
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DeJoy maintains financial ties to former company as USPS awards it new $120 million contract The U.S. Postal Service will pay $120 million over the next five years to a major logistics contractor that Postmaster General Louis DeJoy previously helped lead and with which his family maintains financial ties, according to DeJoy's financial disclosure ...
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After A 325% Rise, Here's Why Moderna Stock Has Further To Run In November 2020, I estimated that its Covid-19 vaccine — now branded SpikeVax -- could add as much as $35 billion to Moderna's revenues. Since then its stock has soared 325% from $98 to $416, as of August 5. I think its shares have further to rise.
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Biden hails strong July jobs report; US added 943000 jobs, unemployment rate falls to 5.4% Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4% – another sign that the U.S. economy continues to bounce back with surprising vigor from last year's coronavirus shutdown. "What is indisputable now ...
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US markets regulator approves Nasdaq proposal to require corporate board diversity The proposal requires that companies have two diverse directors, including one who identifies as female and another as an underrepresented minority or LGBTQ+, or explain why they do not. Companies also have to publicly disclose the diversity of their boards ...
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How To Buy The Required Travel Insurance For Cruises If you've booked a cruise, make sure you know whether the cruise line will be requiring guests to be vaccinated. Disney Cruise Line now follows Royal Caribbean and Carnival as the latest cruise line that is requiring travel insurance for unvaccinated ...
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A Ride to Space on Virgin Galactic? That'll Be $450000, Please. Mr. Branson founded Virgin Galactic in 2004, and he originally expected commercial flights to begin by 2008. But development of the rocket plane proved much more difficult and slow than planned. Mr. Branson finally got his flight in July as one of six people ...
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