Politics
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures soar as stocks look to get back on track The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Nasdaq futures bounced nearly 2% on Thursday, boosted by a 14% pop in […]
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Moderna asks FDA to authorize Covid vaccine for kids under 6 years old
Moderna on Thursday asked the Food and Drug Administration to authorize its Covid vaccine for children ages 6 months to 5 years old. The vaccine was about 51% effective against infection from the omicron variant in children under 2 years old and about 37% effective among 2- to 5-year-old kids, according to a company press […]
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Merck sold $3.2 billion of its Covid oral antiviral treatment, driving first-quarter revenue growth
Medicine pill is seen with Merck logo and words ‘Molnupiravir’ and ‘COVID-19’ displayed on a screen in the background in this illustration photo taken in Poland on November 5, 2021. Jakub Porzycki | NurPhoto | Getty Images Merck sold $3.2 billion of its oral antiviral treatment for Covid in the first quarter, fueling the company’s […]
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ECB dove says rate hike may come during the third quarter
European Central Bank Governing Council member Ignazio Visco has added his voice to heated discussions on when the ECB will begin to raise its benchmark interest rate. Rates in the euro zone have been negative following the region’s sovereign debt crisis, and the ECB has confirmed that it will conclude its net asset purchases in […]
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Putin warns of ‘lightning fast’ retaliation to intervention in war; White House plans more aid for Ukraine
Blinken says Europe has ‘ambitious’ plans to cut energy reliance on Russia U.S. Secretary of State Antony Blinken listens during a Senate Foreign Relations Committee hearing in Washington, U.S., April 26, 2022. Blinken and the defense secretary on Monday committed a total of $713 million in foreign military financing for Ukraine and 15 allied and […]
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Turkey wants to be neutral in the Ukraine war. But a treaty from 1936 has it on a tightrope
A Russian submarine passes Istanbul as it transits the Bosporus in February 2022. Turkey is the gatekeeper between the Black Sea and the Mediterranean. Ozan Kose | Afp | Getty Images There’s a Turkish saying, “Did your ships sink in the Black Sea?” The expression is asked when a person is lost in thought, trying […]
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Op-ed: The four big threats to China’s economy
William Rhodes and Stuart Mackintosh have identified four distinct but overlapping economic risks for China. Future Publishing | Future Publishing | Getty Images The following commentary is co-authored by William R. Rhodes, CEO of William R. Rhodes Global Advisors, former chairman and CEO of Citibank, and author of “Banker to the World: Leadership Lessons from […]
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Fellow NC Republican calls for insider trading probe of Rep. Madison Cawthorn’s crypto holdings
U.S. Representative Madison Cawthorn speaks during a rally hosted by former U.S. President Donald Trump in Selma, North Carolina, U.S. April 9, 2022. Erin Siegal | Reuters A Republican senator on Wednesday called on Congress to investigate his GOP colleague Rep. Madison Cawthorn, who has come under fire as ethics watchdogs raise suspicions of possible […]
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Boeing lost $1.1 billion on Trump Air Force One contract; CEO regrets deal
Boeing disclosed Wednesday that it has lost a whopping $1.1 billion in costs related to its deal with the Trump administration to modify two 747 jumbo jets to serve as Air Force One — and CEO Dave Calhoun admitted the aviation giant “probably” should not have cut the deal in the first place. Even more […]
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Trump appeals New York contempt ruling, fine over failure to comply with subpoena
Former U.S. President Donald Trump arrives at Trump Tower in Manhattan on August 15, 2021 in New York City. James Devaney | GC Images | Getty Images Former U.S. President Donald Trump has appealed a contempt ruling and a $10,000-per-day fine over his failure to comply with a subpoena by New York state’s attorney general […]
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