All posts by: r4ibom

JPMorgan analysts said that with the U.S. set to be open again on Independence Day, restaurants are poised to benefit from a pent-up desire to dine out, which has been restricted because of the COVID-19 pandemic.

President Biden’s $2.3 trillion infrastructure plan would devote $400 billion to providing seniors more medical care at home, with the aim of shifting treatment away from institutions and hospitals as the U.S. faces a looming surge in its aging population.

The U.S. is facing another surge in new COVID-19 cases in some states, led by Michigan, but the White House has spurned Michigan Gov. Gretchen Whitmer request for corresponding surge in vaccines for her state, even as daily vaccinations hit a record of more than 4.6 million over the weekend.

U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.

Oil futures finish higher on Monday, as reports that Yemen’s Iran-backed Houthi rebels attacked Saudi oil facilities lifted tensions in the oil-rich Middle East. Support from sizable progress in European efforts to vaccinate against COVID-19 also offset some pressure from a global rise in cases of the virus.

A new report estimates that Las Vegas Raiders fans spend more money than any other NFL fan base.

Caregivers are crucial to the nation’s infrastructure and need business and government support.

The Iranian government alleged on Monday that Israel was behind a blackout that followed an explosion at the Natanz nuclear site, with foreign minister Javad Zarif threatening to “take revenge against the Zionists.”

Former U.K. Prime Minister Gordon Brown took aim at the man who defeated him, saying lobbying for any commercial purposes brings “public service into disrepute.”

Gold futures on Monday head slightly lower, potentially extending a retreat after bullion scored its biggest daily gain in month last week.

Cybersecurity giant Darktrace has announced plans to float in London, in what will be the first major test of investor appetite for tech listings following Deliveroo’s disastrous stock market debut in March.

U.S. stock-index futures on Monday head modestly lower in a week that will see the unofficial start of first-quarter earnings, headlined by some of the nation’s largest banks, including JPMorgan Chase & Co. and Goldman Sachs Group.

Ant Group Co., the financial-technology giant controlled by billionaire Jack Ma, will apply to become a financial holding company overseen by China’s central bank, overhauling its business to adapt to a new era of tighter regulation for internet companies.

Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of M&A in the U.S., the company’s chair and chief executive told MarketWatch ahead of the group’s earnings on Monday.