WASHINGTON (Reuters) – Former President Donald Trump’s acquittal on charges of inciting a deadly attack on the U.S. Capitol left Democrats and Republicans deeply divided on Sunday even as his Democratic successor, Joe Biden, sought to move on with his political and economic agenda.The U.S. Capitol is seen through ice-covered tree branches after the Senate voted to acquit former U.S. […]
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Tom Finke is the former CEO of the $345 billion asset manager Barings and a board member of Invesco. Finke and his partner raised $115 million via their SPAC Adara Acquisition Corp. (ADRA) this week. Finke breaks down why he is jumping on the SPAC bandwagon and shares what to look for in SPACs. Visit the Business section of Insider […]
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PARIS (Reuters) – A COVID-19 vaccine candidate developed by Sanofi and U.S. group Translate Bio “will not be ready this year,” the French drugmaker’s chief executive told Le Journal du Dimanche newspaper.Slideshow ( 2 images )Clinical trials of this vaccine, which will be based on a technology known as mRNA — on which lean approved vaccines of Pfizer/BioNTech and Moderna […]
Read moreFox Business Flash top headlines for February 12 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. OMAHA, Neb. — Hundreds of meatpacking workers have been vaccinated against the coronavirus but the union that represents many of them says several hundred thousand more have not, despite the risks they continue to face at work. Continue Reading Below […]
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Another year, another filing. A bitcoin-based exchange-traded fund could see the light of day in 2021 after a changing of the guard at the Securities and Exchange Commission and some promising developments in the corporate arena, Jeff Kilburg, founder and CEO of KKM Financial and a partner at Valkyrie, told CNBC on Monday. At least 10 firms have filed and […]
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SHANGHAI (Reuters) – China refused to give raw data on early COVID-19 cases to a World Health Organization-led team probing the origins of the pandemic, one of the team’s investigators said, potentially complicating efforts to understand how the outbreak began.FILE PHOTO: People wearing face masks descend a stairwell following the coronavirus disease (COVID-19) outbreak, in Shanghai, China January 26, 2021. […]
Read moreBRASILIA, Feb 12 (Reuters) – Funds and speculators on U.S. futures markets increased their bearish bets against the Brazilian real for a fifth week in a row, the longest streak in almost a year, data showed on Friday. The latest Commodity Futures Trading Commission data on Friday showed that funds increased their net short position by 2,917 contracts to 17,366 […]
Read moreTreasuries moved to the downside during trading on Friday, extending the decline seen over the course of the previous session. Bond prices came under pressure in early trading and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 4.2 basis points to 1.200 percent. With […]
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WASHINGTON (Reuters) – U.S. consumer sentiment unexpectedly fell in early February amid growing pessimism about the economy among households with annual incomes below $75,000, even as the government is poised to deliver another round of COVID-19 relief money.FILE PHOTO: Instacart employee Eric Cohn, 34, searches for an item for a delivery order in a Safeway grocery store while wearing a […]
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