Category: United States

A vaccine against malaria has been shown to be 77% effective in providing protection against the mosquito-borne disease that kills an estimated 400,000 people globally each year. The findings, published by scientists at the University of Oxford and their partners in a preprint study with the Lancet, come from a Phase 2 trial, which involved 450 children aged five […]

The price of bitcoin dropped below the psychologically important $ 50,000 level on Friday, as worries over rising U.S. taxes filtered over to cryptocurrencies, adding to recent pressure already simmering on those alternative investments. Bitcoin prices BTCUSD, -5.11% last changed hands at $ 49,225, a slide of nearly 10% over 24 hours and a level […]

Investors learned plenty of lessons from the worst pandemic in more than a century. One of the biggest was that technology companies wouldn’t only survive, but thrive from a chaotic upheaval to daily living and working. What comes next for tech companies is harder to predict, however, according to Ryan Jacob, the top-performing fund manager […]

The bond world isn’t exactly known for embracing technology, particularly since until fairly recently most fixed-income trades were still conducted by telephone. But bond traders in the notoriously niche $ 600 billion commercial mortgage-backed securities market (CMBS), now have more ways than ever to tap Big Data when betting on a recovery — or decline […]

Mattel Inc. stock rallied late Thursday after the toy maker reported a narrower-than-expected quarterly loss and said its sales surged nearly 50%. Mattel MAT, +0.14% said it lost $ 115 million, or 33 cents a share, in the first quarter, compared with a loss of $ 211 million, or 61 cents a share, in the […]

Peter Andersen, a Boston-based money manager, started 2021 feeling upbeat. “I think this is going to be one of the historic recoveries, up there with the end of major wars,” he told MarketWatch around the turn of the year. “There’s enormous demand from consumers. Can you imagine when we get the all-clear and start moving […]

The global tally of confirmed cases of the coronavirus-borne illness COVID-19 has climbed above 144 million, as India remained the world’s hotspot with daily cases rising to a world record of nearly 315,000, and as new cases in the U.S. climbed back above 60,000. Meanwhile, as the U.S. has already reached President Biden’s updated goal […]

On Tuesday a Minneapolis jury found former Minneapolis police officer Derek Chauvin guilty on three criminal counts, including second degree murder, in the killing of George Floyd.  It was also my 50th birthday. I live in Washington, D.C., and had planned to pick up a carry-out dinner from a restaurant a few blocks away from the White […]

George Floyd’s death last year and the following mass protests put the spotlight on Black-white inequality in all forms, including the challenges for Black-owned businesses. Since that time, data suggests consumers have increasingly put their money where their mouth is, by spending more at Black-owned businesses and restaurants. The question is how much can that […]

Olympic athletes will not be allowed to take a knee, raise a fist or otherwise protest on fields of play or medal podiums, the International Olympic Committee said Wednesday, in an announcement upholding its current ban on political demonstrations. Olympic athletes have long been prohibited from making political statements or protests at the Summer or […]

With any purchase, people want to know if they’re getting a good deal. But when it comes to buying a home in today’s market, it’s hard to answer that question. Americans are laser-focused on the state of the housing market as the country enters the peak spring home-buying season. Data on search trends from Google […]

WASHINGTON — President Joe Biden is poised to formally recognize the Armenian genocide of the early 20th century, U.S. officials said, a rare step that would further inflame ties with Turkey. Biden is expected to describe as genocide the deportation, starvation and massacres of Armenians at the hands of the Ottoman Turks beginning in 1915, […]

After a middling selection of offerings over the past few months, Netflix Inc. is gearing up as summer arrives, with some fan-favorite series returning in May, along with some big-name original movies. The biggest of the bunch looks to be Zack Snyder’s zombie/casino-heist mashup, “Army of the Dead” (May 21), a gleefully violent caper movie […]

The U.S. Department of Agriculture (USDA) outlined a plan on Tuesday to extend the free school-lunch program for every K-12 student to the spring of 2022. The program being extended is the USDA’s National School Lunch Program Seamless Summer Option (SSO) which traditionally was only available during summer months. See also: The spending life of […]

Amazon.com Inc. and Facebook Inc. continued to lead the so-called FAANG companies in spending on Washington lobbying during this year’s first quarter with outlays of $ 4.80 million and $ 4.79 million, respectively, according to disclosures filed Tuesday. The Q1 disclosures come after Jeff Bezos’s e-commerce company and Mark Zuckerberg’s social-media giant spent record amounts […]

Endeavor Group Holdings Inc., the Los Angeles–based entertainment powerhouse and owner of the William Morris Agency, sports and modeling agency IMG and mixed-martial-arts outfit UFC, set terms for its second attempt to go public, giving it a valuation of $ 10 billion. A previous effort to complete an initial public offering was canceled in October of […]

In 1980 Lauren Sugerman was hired as an elevator constructor at Westinghouse Elevator Company primarily because she was a woman, she said.  Even though the company needed to hire more women to meet the requirements of a lucrative federal contract to build elevators for public housing projects, the men who interviewed her tried doing everything they […]

When the U.S. Senate surprisingly fell into Democratic hands after the Georgia runoff race, the financial market impact was monumental. The move was most obviously seen in the bond market — the yield on the U.S. 10-year Treasury BX:TMUBMUSD10Y shot up to as high as 1.75% from 0.92%. That is because the razor-thin majority in […]

President Joe Biden will pledge to cut U.S. greenhouse gas emissions at least in half by 2030, according to reports Tuesday. It’s a vow anticipated by climate-policy watchers and one those advocates consider a crucial reflection of U.S. commitment as the White House convenes a virtual Earth Day summit for 40 world leaders. The voluntary […]