Month: January 2021

FT’s Robert Armstrong looks at the surging stock prices of Tesla, Bitcoin and Nasdaq index stalwarts which the Federal Reserve could view as a tech-led asset bubble See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community tab for more stories or
0 Comments
For anyone that works, commuting might just be the worst part of the day. So with WFH and less time commuting, could we see a drastic change in the cities we live in? #WFH #FutureOfWork #BloombergQuicktake ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and
0 Comments
Andrea Herrera, president of Amazing Edibles Gourmet Catering and founder of Boxperience Angela Garbot For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues.              Since last March, the firm shifted from catering weddings and corporate events to providing first-responder meals and
0 Comments
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
0 Comments
Employees store coffins, some marked with “infection risk” as others have “corona” scrawled in chalk, in the mourning hall of the crematorium in Meissen, eastern Germany, on January 13, 2021, amid the new coronavirus COVID-19 pandemic. cremation. Jens Schlueter | AFP | Getty Images The World Health Organization said Friday that coronavirus vaccines aren’t “silver
0 Comments
Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday. While the ETF’s constituents have yet to be announced, shares of space companies Virgin
0 Comments
President-elect Joe Biden plans to use FEMA and the National Guard to build coronavirus vaccine clinics across the United States, according to new details of his Covid-19 vaccination plan released by his transition team on Friday. The Biden administration will also “quickly jumpstart” efforts to make the vaccines available at local pharmacies across the U.S.,
0 Comments
Getty Images Tax season is swiftly approaching, and after the roller coaster of 2020, this might be the year to get extra help filing your return. The coronavirus pandemic saw many changes to the tax code that could impact filers who generally would have had a straightforward return, potentially complicating your return. “For the average
0 Comments
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $1.34 a
0 Comments
Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the
0 Comments
The U.S. has shipped over half a million doses of antibody treatments that have the potential to keep high-risk Covid patients out of hospitals if given early enough in their infection. This would help already overburdened hospitals avoid additional strain, but the drugs are still being underutilized despite their promising results, Trump administration health officials
0 Comments
President-elect Joe Biden puts on a mask after receiving his second dose of the Pfizer/BioNTech COVID-19 vaccination at ChristianaCare Christiana Hospital on January 11, 2021 in Newark, Delaware. Alex Wong | Getty Images Senior officials of the incoming Biden administration say the president-elect still supports forgiving $10,000 in student debt per borrower although there’s no
0 Comments
A man enters a building with rental apartments available on August 19, 2020 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images Manhattan apartment rentals nearly doubled in December, signaling a possible turnaround in the city’s struggling real estate market. The number of new leases signed in December jumped
0 Comments
Wall Street may be in for a surprise. Ally Invest’s Lindsey Bell believes investors are underestimating the strength of earnings season, which kicks off Friday with the banks. “That’s my biggest call going into this earnings season,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Thursday. Refinitiv predicts S&P 500 fourth-quarter earnings results
0 Comments
Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters The Biden administration’s plan to release nearly every available dose of Pfizer and Moderna’s coronavirus vaccines to states shouldn’t cause any supply issues down the road, a
0 Comments