All posts by: r4ibom

“The rich get richer” doesn’t even begin to truly capture what’s been happening during the coronavirus pandemic.

Saxo Bank global macro strategist Kay Van-Petersen is ringing the potential death knell for major cities in the company’s annual ‘Outrageous Predictions’ report

The Food and Drug Administration will now make the final decision on whether to authorize the experimental vaccine.

The cost of consumer goods and services rose modestly in November but inflation more broadly was still quite low, reaffirming the economy faces little threat of building price pressures in the near future. The consumer price index increased 0.2% last month.

U.S. stock indexes headed lower early Thursday, ahead of a decision by Food and Drug Administration committee on a vaccine approval, and further talks in Washington on another financial-aid package to combat the impact of the coronavirus pandemic, while U.S. weekly jobless claims rose to a three month high.