Destiny USA mall reopens as the coronavirus disease (COVID-19) restrictions are eased in Syracuse, New York, U.S., July 10, 2020. REUTERS/Maranie Staab(Reuters) – Household spending rose modestly over the last four months, but consumers’ expectations for how much more they’ll be able to spend a year from now surged, according to a survey released Monday by the New York Federal […]

(Reuters) – Moderna said on Monday it believes its COVID-19 vaccine protects against new variants found in Britain and South Africa, although it will test a new booster shot aimed at the South Africa variant after concluding that the antibody response could be diminished.FILE PHOTO: Vials with a sticker reading, “COVID-19 / Coronavirus vaccine / Injection only” and a medical […]

The risk of a stock market correction is increasing as February approaches, BofA said in a note on Monday. Investors should take some profits as a number of indices begin to test upside price targets, according to the note. February also represents a historically bearish month for the market, with negative average returns going back to 1928, BofA said. Sign […]

In this article Trading in the stock market used to require a mastery of all sorts of Wall Street jargon. These days you also need to be fluent in emoji: If a post on a Reddit Wall Street message board contains icons of rocket ships pointing upward, you best pay attention. Some of Reddit’s favorite rockets are soaring again on […]

The futures traded lower on Monday as Wall Street returns for a full week of trading and more review of President Biden’s plans for the first 100 days of his administration, which already includes a record-setting 30 executive orders that have been signed. With fourth-quarter earnings reports continuing to stream in, many across Wall Street will not only be examining […]

NEW YORK (Reuters) – U.S. corporate share buyback levels are slowly increasing after last year’s pandemic-driven drop-off in spending, and investors are eager to see how much buybacks may support market gains.FILE PHOTO: Traders wearing masks work, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the […]

FILE PHOTO: A scientist presents a silicon wafer during a media presentation in one of the low particle pollution nanofabrication clean rooms of the Swiss Federal Institute of Technology (EPFL) in Ecublens, near Lausanne May 16, 2011. REUTERS/Valentin FlauraudBERLIN (Reuters) – Taiwan’s GlobalWafers made what it said was a final attempt to save a 4.35 billion euro ($5.3 billion) bid […]

LONDON (Reuters) – Renewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal-power shrank, a report showed on Monday.FILE PHOTO: Middelgrunden offshore wind farm is pictured outside Copenhagen, Denmark November 27, 2019. Picture taken November 27, 2019. REUTERS/Andreas Mortensen/File PhotoRenewable sources such as wind and […]