Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors’ ability to assess US stock valuations, even as the market’s tumble creates potential bargains. Without a doubt, stocks are far cheaper than at the start of the year, following a 23% year-to-date decline … Read more
Eighty-nine per cent of the country’s adult population has been fully vaccinated against COVID-19 while over 75 per cent of children in the 12-14 age group have received the first dose, Union Health Minister Mansukh Mandaviya said on Thursday. The cumulative vaccine doses administered in the country have exceeded 195.67 crore, according to the Health … Read more
Blistering inflation is threatening to reignite twin declines in US stocks and bonds, leaving investors with few places to hide from a Federal Reserve that appears headed for its most aggressive policy tightening in decades. Friday gave a hint of what investors may see in coming weeks. The benchmark S&P 500 index fell nearly 3% … Read more
A rally that lifted US stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades. Despite a rocky week, the S&P 500 is still up … Read more
SAN FRANCISCO (KGO) – The nation is battling the latest wave of COVID-19 cases and new data shows the Bay Area is getting hit harder than other areas of the state. However, when talking about COVID news, we’m used to hearing troubling information. Despite the latest wave, there is some good news. UCSF’s Dr. Monica … Read more
A vaccine festival organized by an east London council only managed to jab 435 people, according to a Freedom of Information request. The four-day Summer Festival at Langdon Park in Poplar cost Tower Hamlets Council £ 237,000 to put on, the BBC reported. This equates to a cost of £ 535 per person vaccinated. The … Read more
A vaccine festival organized by an east London council only managed to jab 435 people, according to a Freedom of Information request. The four-day Summer Festival at Langdon Park in Poplar cost Tower Hamlets Council £ 237,000 to put on, the BBC reported. This equates to a cost of £ 535 per person vaccinated. The … Read more
The Nasdaq and the S&P 500 gained on Monday, boosted by megacap stocks and a 20% jump in Twitter shares, even as the global mood remained cautious amid talks of more sanctions against Russia over its invasion of Ukraine. Micro-blogging site Twitter Inc surged 24.1% to become the best performing stock on the S&P 500 … Read more
Investors moved $ 13.2 billion to cash and $ 2.1 billion to gold over the last week, data from BoFA Global research showed. US stocks saw $ 3.1 billion in outflows, their largest in nine weeks. The firm’s latest survey showed fund managers’ cash positions earlier this month at their highest since March 2020. Side-by-side … Read more
Goldman Sachs Group Inc said it was closing its operations in Russia, becoming the first major Wall Street bank to exit the country following Moscow’s invasion of Ukraine. Wall Street’s main indexes fell on Thursday, with technology stocks leading the declines after data showed consumer prices surged in February, cementing the case for an interest … Read more