[MarketWatch, AP Photo] September is a notoriously weak month for investors and October also has the hallmarks of a rough patch for Wall Street, with the Nov. 3 presidential election looming. A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to […]
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[NPR, AP] People wait in a queue to register their names before giving their nasal swab samples to test for COVID-19 at a government health center in Hyderabad, India on Saturday. India’s coronavirus cases have crossed 4 million. India passed 4 million reported cases of COVID-19 on Saturday. Since July, […]
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[Business Insider, Reuters] Two drug companies at the forefront of the US race to develop a coronavirus vaccine, Moderna and Pfizer, are expected to join a pledge that promises to put safety before speed. In an early draft obtained by the Wall Street Journal, the companies promise to only seek emergency FDA […]
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[DeCrypt] Texas Securities Commissioner issued the cease and desist order for a crypto fraud scheme that promises large returns. The Texas Securities Commissioner on Thursday demanded the immediate shutdown of a cryptocurrency investment program it alleges is operated by a would-be guru, one Eric Darwin Balusek, a.k.a. “Bitcoin Pope”. Texas […]
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[The New York Post] Residents of seven Midwest states need to be on high alert for catching COVID-19 over Labor Day weekend, Dr. Anthony Fauci cautioned. “There are several states that are at risk for surging, namely North Dakota, South Dakota, Iowa, Arkansas, Missouri, Indiana, Illinois,” Fauci, the director of […]
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[The New York Times] After taking the heaviest employment hit, women make a sharp rebound. Black unemployment rates are higher than those for other demographics Unemployment rates by race for men, women and over all The pandemic-induced downturn sent the unemployment rate for women skyrocketing, but the figure is also falling relatively quickly as […]
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[MarketWatch, Getty Images] Critical information for the U.S. trading day On no obvious catalyst, the winners of 2020 were absolutely hammered on Thursday — a sea of red for the likes of Apple, Microsoft, Tesla TSLA and Zoom Video Communications ZM . And the selling wasn’t limited to technology stocks — small-caps RUT and value stocks VLUE also fell. […]
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(CNN) The US Centers for Disease Control and Prevention is asking states to get ready to distribute a coronavirus vaccine by as early as next month. The CEO of Pfizer says he thinks it’s possible his company will have enough data to ask the US Food and Drug Administration for […]
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[Forbes, Getty Images] Bitcoin has declined sharply this week, losing over 5% in under 24 hours and causing traders to nervously eye the psychological $10,000 per bitcoin level. The bitcoin price lost $1,000 in a matter of hours, falling under $11,000 per bitcoin on Thursday morning with the U.S. stock market posting […]
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[CBS NEWS] Air travel is getting bumpier for travelers who decline to wear face masks. Delta Air Lines has added 270 passengers to its no-fly list for refusing to comply with the carrier’s requirement to don a mask while aboard one of its flights to curtail the spread of the coronavirus. […]
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