The Top Vaccine Stocks that Could Still Run Higher

The Top Vaccine Stocks that Could Still Run Higher

With COVID-19 cases rocketing across the U.S., we need a vaccine immediately. Fortunately, we may be close to one. Just yesterday, Moderna (MRNA) announced its vaccine was found to induce immune responses in every volunteer in a Phase 1 study. “These early results,...

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Three Top Ways to Trade Boiling Tensions with China

Three Top Ways to Trade Boiling Tensions with China

Tensions are boiling between the U.S. and China. Just this morning, China said it plans to sanction Lockheed Martin (LMT) over its role in a $620 million U.S. arms deal with Taiwan.   “China firmly opposes U.S. arms sales to Taiwan,” said Chinese Foreign...

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State-run Air India working to contain costs

State-run Air India working to contain costs

BENGALURU (Reuters) - State-run airline Air India Ltd said on Thursday it was working to contain costs by reducing debt, aircraft lease rentals, as well as staffing and operating expenses. Air India wants to reduce its dependence on the exchequer for funds, chairman...

Bank of America profit slumps as heavy loan losses loom

Bank of America profit slumps as heavy loan losses loom

By Noor Zainab Hussain and Imani Moise (Reuters) - Bank of America Corp <BAC.N> saw its profit more than halve in the second quarter as it set aside $5 billion to cover potential loan losses, while warning that it would struggle as long as interest rates stayed...

ECB says ample stimulus still needed to support economy

ECB says ample stimulus still needed to support economy

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank defended its huge pandemic stimulus package on Thursday and said it expected to have to use the full amount of planned debt purchases to help the euro zone stay afloat during a...

Wall Street opens lower as virus fears eclipse upbeat retail sales

Wall Street opens lower as virus fears eclipse upbeat retail sales

(Reuters) - U.S. stocks opened lower on Thursday as concerns about the economic toll of another round of coronavirus-driven shutdowns across the United States offset data showing a higher-than-expected rise in domestic retail sales in June. The Dow Jones Industrial...

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