All posts by: r4ibom

A World Health Organization team of experts wrapped up their visit to the Chinese city of Wuhan with the conclusion that the coronavirus that causes COVID-19 is unlikely to have leaked from a Chinese lab and most probably jumped to humans from a yet-to-be-identified animal.

Stocks trade mostly higher, trimming a modest early decline, a day after major benchmarks score another round of all-time highs on optimism over the potential for another large round of aid spending.

Canopy Growth Corp. shares soared 11% Tuesday, after the Canadian cannabis company posted a wider-than-expected loss for its fiscal third quarter, but revenue that beat estimates, and offered an upbeat outlook that sees the company achieving profitability in the second half of 2022.

Neera Tanden, President Biden’s pick to lead the Office of Management and Budget, said she regretted past comments she made while running a center-left think tank and pledged to be nonpartisan if confirmed to the role by the Senate.

Oil futures move up on Tuesday, shaking off earlier weakness, as signs of improving energy demand set prices back on track to stretch a streak of gains that’s lasted all month.

President Joe Biden and Treasury Secretary Janet Yellen will meet Tuesday with a handful of top U.S. chief executives to discuss the proposed $1.9 trillion COVID relief plan, the White House said, as Democrats aim to rush the proposal through Congress.

Two U.S. carrier groups are conducting exercises in the waters disputed by China, raising Beijing’s ire just as France announced one of its attack submarines had sailed through the zone.

Reddit Inc. doubled its valuation to $6 billion in a new round of funding that comes as the social-media company has added users through the COVID-19 pandemic and more recently has gained attention for its role in the recent Wall Street trading frenzy.

The $1.9 trillion coronavirus aid package making its way through Congress is set to be the venue for a new debate between Democrats and Republicans — how best to get more money to families with children.

Analysts and investors debate whether Tesla’s bitcoin gambit is a smart move, particularly given wild swings in the price of the cryptocurrency and the company’s own shares.

Elon Musk’s Tesla Inc. announces that it acquired $1.5 billion in bitcoins in January and said it could accept the world’s No. 1 digital asset for payment in the future.

Analysts and investors debate whether Tesla’s bitcoin gambit is a smart move, particularly given wild swings in the price of the cryptocurrency and the company’s own shares.

Deploying National Guard troops at the U.S. Capitol — which a pro-Trump mob stormed last month — will cost about $483 million, the government estimated Monday.

Former President Donald Trump faces a second impeachment trial in the Senate this week, after the House last month voted to approve a charge of inciting an insurrection.

U.S. 10-year Treasury rates on Monday retreat, and prices edge higher, after yields momentarily climbed near to a one-year high.

Some 17 million workers would see their wages boosted as a result of a $15 minimum wage, separate research by the Congressional Budget Office found.

Queen Elizabeth II will be a major, if unlikely, beneficiary of big oil’s latest push to diversify toward a more sustainable future.