Tag: Businesses in COVID-19

US Bank Stocks Rise as Industry Welcomes Powell Renomination

November 22, 2021
bankBusiness & EconomyBusinesses in COVID-19Companieseconomic policiesEconomieseconomyExecutive Branchjerome powellJoe BidenMarket WatchMarketsPoliticsRenominationstocksUSUS NewsUSA
0 Comment

NEW YORK—U.S. bank stocks rose on Monday as senior bankers and industry figures welcomed Federal Reserve Chair Jerome Powell’s nomination by President Joe Biden for a second four-year term. Biden, in a statement emailed to reporters, paid tribute to the “decisive action” which the Fed had taken in response to the COVID-19 pandemic. And senior…

Read More

Pfizer to Ask for Approval of COVID-19 Vaccine for Children 12–15

November 22, 2021
AMERICABusiness & EconomyBusinesses in COVID-19CCP VirusPfizerUSUS NewsVaccineVaccines & Safety
0 Comment

Pfizer and its German partner on Monday said they plan to file for expanded approval from U.S. regulators for their COVID-19 vaccine after a new study indicated the shot remains effective for over four months. Vaccinated children 12 to 15 saw 100 percent effectiveness against COVID-19 in an ongoing clinical trial, Pfizer and BioNTech said…

Read More

Florida Reports 18 Consecutive Months of Private Sector Job Growth and 12 Consecutive Months of Labor Force Increases

November 22, 2021
AMERICABusiness & EconomyBusinesses in COVID-19CCP ViruseconomyFloridaGov. Ron DeSantisjob growthLocal NewsRegional-Local NewsUSUS Newsvaccine mandates
0 Comment

Florida has reported 18 consecutive months of private-sector job growth, the office of Republican Gov. Ron DeSantis announced on Friday. The sunshine state continues to make economic progress, with more job growth, labor force increases, and a decline in the unemployment rate, owing in part to its “successful policies that put Floridians and businesses first,” the…

Read More

Thanksgiving Turkey Costs Soar Nearly 16 Percent From Last Year

November 22, 2021
Business & EconomyBusinesses in COVID-19economyinflationpriceThanksgivingTurkeyUSUS News
0 Comment

Americans are paying more for Thanksgiving turkeys this year, with a new survey from NielsenIQ indicating that turkey prices have risen nearly 16 percent compared to a year ago. According to NielsenIQ data, the price of whole uncooked turkeys in the four weeks before Nov. 6 rose 15.6 percent from the same period in 2020….

Read More

84 Percent of Americans Who Say US Economy Is In Bad Shape Blame Inflation

November 22, 2021
Business & EconomyBusinesses in COVID-19consumer sentimenteconomyinflationPoliticsUSUS News
0 Comment

A new CBS/YouGov poll showed that nearly two-thirds of Americans said the U.S. economy is in bad shape—the worst outcome since the depths of the pandemic last summer—while 84 percent of those who gave the economy a negative rating blamed inflation. The poll, carried out between Nov. 15-19 on a nationally representative sample of 2,058…

Read More

Germany’s Economy Is Taking a Breather but Inflation Isn’t, Bundesbank Warns

November 22, 2021
BundesbankBusiness & EconomyBusinesses in COVID-19CompaniesEconomieseconomyEuropeGermanyGold & CommoditiesinflationWorld
0 Comment

FRANKFURT—The German economy is taking “a breather” as a lack of goods and labour as well as new restrictions designed to fight the coronavirus pandemic put an end to its recent boom, the country’s central bank said on Monday. The Bundesbank also warned that inflation in Europe’s largest economy was likely to stay well above…

Read More

Oil Prices Under Pressure From Both Supply and Demand Factors

November 22, 2021
AmericasAsia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusCompaniesdemandeconomic policiesEconomieseconomyGold & CommoditiesIndiaInternationalLocal NewsMarket WatchMarketsMiddle EastOilpriceRegional-Local NewssupplyTexasUKUSUS NewsWorld
0 Comment

LONDON—Oil prices rose on Monday but remained under pressure from rising COVID-19 cases in Europe, raising concerns about both oversupply and weak demand. Prices of the Brent and U.S. West Texas Intermediate (WTI) crude benchmarks fell more than $1 in early trading, hitting their lowest since Oct. 1. By 1007 GMT, Brent was up 31…

Read More

Futures Rise as COVID-19-Sensitive Sectors Recover

November 22, 2021
Business & EconomyBusinesses in COVID-19CompaniesCOVID-19economic policiesEconomieseconomyEuropefuturesGold & CommoditiesinflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsSectorsstockUSUS NewsWorld
0 Comment

U.S. stock index futures rose on Monday as energy and bank stocks recovered slightly from last week’s losses, although anticipation of several economic readings this week kept gains in check. Nasdaq futures hit a record high as demand for technology stocks remained strong. Heavyweights, including most FAANG majors, rose in premarket trade. Tech had largely…

Read More

Euro Slides as Austria’s Fourth National COVID-19 Lockdown Begins

November 22, 2021
AustriaBusiness & EconomyBusinesses in COVID-19CCP VirusCompaniesCOVID-19economic policiesEconomieseconomyeuroEuropeForexglobalinflationInternationalInvestmentlockdownMarket WatchMarketsUKUSUS NewsWorld
0 Comment

London—The euro fell on Monday to trade close to a 16-month low on growing concerns over the impact of new COVID-19 restrictions in Europe, with Austria starting a full lockdown and Germany considering following suit. Austria began its fourth lockdown, the first introduced since vaccines became widely available, shutting Christmas markets, bars, cafes, and theatres….

Read More

World Stocks Off to a Cautious Start; Euro Struggles

November 22, 2021
Asia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusCompanieseconomic policiesEconomieseconomyeuroEuropeGold & CommoditiesInternationalInvestmentLocal NewslockdownMarket WatchMarketsNew YorkNY NewsRegional-Local NewsstocksUSUS NewsWorld
0 Comment

LONDON—World stocks kicked off the week on a cautious note on Monday after posting a second consecutive weekly drop, and the euro struggled as traders weighed the risks of European lockdown restrictions and prospects of a faster Federal Reserve taper. Though Wall Street futures held comfortably in positive territory in early London trading, major European…

Read More