[ad_1] Despite last week’s sharp pullback, bitcoin appears on track to post its highest monthly price close on record. The number one cryptocurrency in terms of market value fell more than $ 3,000 to $ 16,242 on November 26, removing excess leverage from the derivatives market. The decline was short-lived and prices recovered more than … Read more
[ad_1] 124 year old man Dow Jones Industrial Average (DJ INDICES: ^ DJI) made history last week. After briefly falling below 19,000 at the deepest part of the 2019 coronavirus disease (COVID-19) -induced bear market in March, the iconic index closed above 30,000 for the first time. This is a psychologically significant achievement in an … Read more
[ad_1] Drugmaker Moderna said it would ask the Food and Drug Administration on Monday to clear its coronavirus vaccine for emergency use. The first injections can be done as early as December 21 if the process goes smoothly and approval is granted, Stéphane Bancel, chief executive of the company, said in an interview. Moderna’s claim … Read more
[ad_1] Moderna said Monday he would seek emergency clearance from the Food and Drug Administration for his coronavirus vaccine after new data confirmed the vaccine is over 94% effective in preventing Covid-19 and that it was safe. Moderna is the second drugmaker to seek emergency use from the FDA after Pfizer, another leader in the … Read more
[ad_1] Tesla (TSLA) has obtained tax exemptions for “new energy vehicles” in China for its new Model Y manufactured at Gigafactory Shanghai. This is one of the last steps before the electric SUV can be delivered to customers nationwide. As we have already reported, Tesla has adopted a new vehicle introduction strategy for the Model … Read more
[ad_1] An image of the London skyline, taken during the evening. Prisma by Dukas | Universal Images Group | Getty Images Data giant S&P Global has agreed to buy IHS Markit in a $ 44 billion deal that will be the biggest merger of 2020, creating a heavyweight in the increasingly competitive market financial information. … Read more
[ad_1] Since the 1980s, Donald Trump has liked to criticize American presidents and ruminate on how he could do things better. It probably won’t be too different once President-elect Joe Biden takes office in January. “I don’t expect states to make uniform decisions,” he told POLITICO. “Some may prefer long-term care facilities or the elderly, … Read more
[ad_1] RALEIGH, NC – Here are the latest updates on COVID-19, the disease caused by the novel coronavirus, in North Carolina. Have questions about the COVID-19 vaccine? Send them to us here MONDAY MORNING STORY LINES Wake County is simplifying the process to get a free COVID-19 test. You no longer need to complete a … Read more
[ad_1] The ongoing Bitcoin (BTC) rally has been primarily driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM) supporting this narrative. At the same time, the gold market has seen significant exits in recent weeks. On November 24, independent financial researcher Jan Nieuwenhuijs reported that gold … Read more
[ad_1] * Dollar index hits 31-month trough, kiwi hits 2.5-year high * Aussie and euro mark three-month peaks vs greenback * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E By Tom Westbrook SYDNEY, Nov 30 (Reuters) – The dollar touched a more than two-year low on Monday and is set to log its largest monthly fall … Read more