German Chancellor Angela Merkel and French Emmanuel Macron have reportedly approved an EU’s investment deal with China, according to SCMP. Germany, currently holding the EU Council's presidency, announced that the…
Senate Republican, John Thune, said the U.S. government is at risk of a partial shutdown over the weekend, reports Bloomberg. Thune believes some senators will object extending short-term funding as…
Roku shares jumped as much as 7.4% to $349.98 in premarket trading on Thursday, after agreeing to carry AT&T Inc.’s HBO Max. The deal allows AT&T to potentially reach millions…
Texas led other nine U.S. states to sue Google on Wednesday for cooperation with Facebook to maintain dominance in the online advertising, Reuters reports. The states asked Google to compensate…
Novartis has agreed to acquire U.S. based neuroscience company Cadent for up to $770 million, according to press release. Cadent will receive $210 million upfront payment and will be eligible…
The Federal Reserve kept the target range for the federal funds rate at 0-0.25 until economic conditions stabilize, according to Bloomberg. Fed will also continue bond buys until ‘substantial‘ progress…
U.S. Liquefied Natural Gas (LNG) exports hit a peak of 93% capacity utilization in November, according to the Energy Information Administration (EIA) press release. The peak saw LNG exports reach…
U.S retail sales fell 1.1% in November, a second consecutive month, dimming hopes of economic recovery from the pandemic recession, according to CNBC. Retail sales were weighed down by restrictions…
Bitcoin rose as much as 7% on Wednesday to set a new record high of $20,787 as the digital coin continues to catch the eye of Wall Street firms. Bitcoin…
Australia will challenge China at the World Trade Organization over Beijing’s imposition of hefty tariffs of its barley exports, according to Bloomberg. Trade Minister Simon Birmingham said, on Wednesday, the…
A Bank of America survey showed a record 87% of fund managers expect long-term higher Treasury yields, Reuters reports. Another 76% see a steeper yield curve. The higher yields reflect…
The U.S. Food and Drug Administration said on Tuesday, the experimental vaccine from Moderna is 94.1% effective in preventing symptomatic COVID-19, FDA reports. The vaccine was found effective across racial…