The Biden administration offered new proposals on taxing multinational companies in a bid to secure an international agreement aimed at reducing tax avoidance, particularly by big pharmaceutical and technology companies.
Oil prices headed modestly lower Thursday morning, with the commodity's retreat being attributed, at least partly, to a delayed reaction to a bigger-than-expected increase in U.S. gasoline stocks, which suggests slack in energy demand.
One strategist's argument is that bitcoin will rise as it becomes a bigger share of what he calls the $15 trillion anti-fiat market, which right now is dominated by gold.
Spain and Italy have joined other European countries in limiting the use of the AstraZeneca COVID-19 vaccine to the elderly, over concerns of possible links to very rare blood clotting.
Investors should expect other "eye-popping" sales numbers from retailers in the coming weeks, amid a "weird" year in which the COVID-19 pandemic wreaked havoc on the retail and restaurant segments.