Dr. Scott Gottlieb explained why he’s optimistic about Merck‘s Covid antiviral pill after the drugmaker asked the Food and Drug Administration Monday to authorize its pill to treat people with mild to moderate Covid symptoms. “The topline data from this Merck study was probably the best treatment effect we’ve seen from orally available antiviral drug
Deal-making activities worldwide could hit a record $6 trillion by the end of the year as businesses continue to embrace cheap financing and the pandemic recovery, KPMG has said. Global mergers and acquisition volumes have so far surpassed $4.3 trillion this year, according to Refinitiv data, moving closer to the all-time high of $4.8 trillion
Georgijevic | E+ | Getty Images Although many women lack investing confidence, their portfolios still outperform their male counterparts, according to Fidelity Investments’ 2021 Women and Investing Study. On average, women investors achieve positive returns and surpass men by 40 basis points, or 0.4%, an analysis of annual performance across 5.2 million accounts from January
Ben Rains takes a look at where the broader market stands as Wall Street prepares to enter the busy portion of the third quarter earnings season during the week of October 11. The episode then dives into two technology and modern entertainment companies, Netflix (NFLX) and Snap (SNAP), ahead of their Q3 financial results next
In this article JNJ MRNA Anjali Sundararaman, a student nurse at San Francisco State University, administers a dose of Moderna COVID-19 vaccine to Cuixia Xu during a vaccination clinic at the Southeast Health Center in the Bayview-Hunters Point neighborhood in San Francisco, California on Monday, Feb. 8, 2021. Stephen Lam | San Francisco Chronicle |
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images Global supply-chain hiccups caused by the coronavirus have put a damper on economic growth, but the problem will be a fleeting one,
In this article CSG.N-CH LeoPatrizi | E+ | Getty Images More than a year and a half of concerns about inflation, rising interest rates and extreme government spending have increased the uncertainty of the investment markets. For this reason, it is imperative for seasoned and novice investors alike to protect their portfolios. I like to
seksan Mongkhonkhamsao | Moment | Getty Images It’s a question millions of Americans would love the chance to ask: What should I do after my student loans are canceled? The Biden administration has already given more than 450,000 borrowers reason to think about that, after forgiving the debt for certain disabled borrowers and others who
Kieferpix | iStock | Getty Images Time out of work — either planned or not — can have a major impact on your retirement savings. In September, there were still 2.7 million Americans who had been unemployed for 27 weeks or more, according to the latest jobs report from the U.S. Bureau of Labor Statistics.
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In this article MRK The Merck logo at the Merck campus in Rahway, New Jersey. Brendan McDermid | Reuters Merck said Monday it asked the Food and Drug Administration to authorize emergency use of its experimental antiviral pill to treat mild-to-moderate Covid-19 in adults. The U.S. drugmaker’s request came after phase three clinical trial data
Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days. U.S.-listed start-up Xpeng
In 2019, revenue from personal income taxes made up 24 percent of total tax revenue across OECD countries. Countries tax labor income in various ways through payroll taxes, personal income taxes, and, in some cases, surtaxes. Between 2018 and 2021, eight European countries in the OECD changed their top personal income tax rates. Of these eight countries, four cut their
Tyson Fury (left) and Deontay Wilder exchange punches during their fight for the WBC heavyweight championship on October 9, 2021 in Las Vegas. Tom Hogan | Anadolu Agency | Getty Images Tyson Fury says Deontay Wilder did not want to show “sportsmanship or respect” after he had knocked out the American in their third WBC
Traders work the floor of the New York Stock Exchange. NYSE Stock futures edged lower Sunday night after finishing near the flat line Friday after investors shook off concerns about a much weaker-than-expected labor market report released on Friday. Dow Jones Industrial Average futures fell 33 points, or 0.08%. S&P 500 and Nasdaq 100 futures
Damir Khabirov | iStock | Getty Images The expansion of the child tax credit is aimed at lifting millions of American families out of poverty. Yet an omission in its legislative language may leave behind a group that would most benefit from it: struggling student loan borrowers. The American Rescue Plan, the $1.9 trillion stimulus
Daniel Craig stars as James Bond in “No Time To Die.” Source: MGM “No Time to Die” tallied an estimated $56 million during its domestic opening weekend, the fourth-best debut of any James Bond film in the franchise’s nearly 60-year history. The film hauled in $23.3 million on Friday, $18.1 million on Saturday and is
In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the
McBride Inlet in Alaska’s Glacier Bay National Park, which ParkSleepFly rated as America’s most underrated national park. Andrew Peacock | Stone | Getty Images Ever since Covid-19 first made social distancing a thing, Americans looking to escape lockdown boredom and work-from-home isolation have sought out open spaces at the country’s 63 national parks — and
In this article SAVE A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Spirit Airlines‘ CEO Ted Christie on Friday told staff to get inoculated against Covid-19 ahead of forthcoming federal vaccine mandates for large companies. President Joe Biden last month said the government