A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters More data will be needed from AstraZeneca‘s coronavirus vaccine trials to determine the drug’s safety and efficacy following concerns from experts in the U.S., scientists from the University of Oxford and the
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At 86 years old, Giorgos Hatziparaskos is one of the last bakers in Greece making phyllo pastry by hand. With the help of his wife and son, he keeps the business going thanks to tourists visiting the Greek island of Crete. MORE BUSINESS INSIDER VIDEOS: How Millions Of Pounds Of Coffee Are Processed At Hawaiian
Read ‘Why bond yields are so low’ : http://on.ft.com/2e9kOE0 Negative yielding bonds are bonds which have a negative interest rate. It means that when a person buys those bonds, instead of generating profit, they lose money. Why would anyone buy such bonds then? Some institutions are forced legally, others are betting and hope to make
Luis Alvarez | DigitalVision | Getty Images Whether 2021 will bring higher taxes for small-business owners may depend on the outcomes of the two Georgia Senate races that will be decided in January. Indeed, two contests in the Peach State are heading to runoff at the start of 2021. Those races are between GOP Sen.
VioletaStoimenova | E+ | Getty Images Occasionally, a financial advisor grabs national attention by swindling clients out of millions, evading arrest via a bizarre escape plan or, sometimes, both. Luckily, there are ways investors can guard against high-profile cons or more under-the-radar criminality, according to financial experts. “These guys are very convincing in a very
At 67 years old, the CEO of Whole Foods, John Mackey, has built an empire of grocery stores. He does, however, have at least one regret: He has no children. “I just love children,” Mackey told Freakonomics Radio host Stephen Dubner in an episode released Nov. 4. How does Mackey think he would have been as a
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose on Friday morning as traders wrapped up a strong week amid decreasing political uncertainty and positive vaccine news. Dow Jones Industrial Average futures traded higher by 55 points, or 0.2%. S&P 500 futures also gained 0.2% and Nasdaq 100 futures
A man walks past a sign at an AstraZeneca site in Macclesfield, central England. Phil Noble | Reuters LONDON — Government ministers and experts in Britain have openly backed a coronavirus vaccine from AstraZeneca and Oxford University, after doubts were raised in the U.S. this week. Housing Minister Robert Jenrick became the latest in a
Lisa Lickers, her husband and their blended family before the arrival of their baby. Source: Lisa Lickers Navigating the terrain of a blended family’s financial life is tricky enough in normal times. Add a pandemic into the mix, and things can get downright exhausting. “Stressful financial situations bring to the surface underlying family dynamics,” said
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. By one firm’s analysis, PayPal and Square clients have been buying the majority of the new bitcoin
Neiman Marcus now offers a virtual gift advisor service, and an in-store concierge service, to help customers pick out items on their wish lists. Source: Neiman Marcus Santa Claus will be busy delivering packages curbside, by appointment, at Neiman Marcus this holiday season. This is just one of the new initiatives that the luxury department
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose slightly on Tuesday night following a banner day for three of the for major market benchmarks. Dow Jones Industrial Average futures traded higher by 21 points, or 0.1%. S&P 500 futures also climbed 0.1% and Nasdaq 100 futures advanced 0.2%.
Japanese automaker Nissan has a history of saving itself from the brink of disaster. Right now it is trying to repeat the trick. Like all other automakers, the company is losing money from the coronavirus pandemic. But it’s also trying to recover from some self-inflicted wounds by former Nissan executives, including ex-CEO Carlos Ghosn. Now
Air traffic controllers at Atlanta Hartsfield-Jackson International Airport are in charge of 909,431 takeoffs and landings at the world’s busiest airport (in a normal year). But the job isn’t easy. Not only are lives on the line, but any mistake at Atlanta could cause a ripple effect of delays across the country and the world.
This year, instead of the traditional turkey, Nicole Beckler’s Thanksgiving table will feature two Cornish hens: the perfect sized birds for a dinner for two. Beckler, a travel agent based in Florida, downsized her dinner after deciding against flying to New Jersey to celebrate the holiday with her family. “Since New Jersey is kind of
Cars line-up as the Los Angeles Regional Food Bank distributes food outside a church in Los Angeles on Nov. 19, 2020. Mike Blake | Reuters Ahead of the Thanksgiving holiday, a temporary drive-through to distribute food to those in need was set up near Lancaster, California, north of Los Angeles, on Tuesday. At least 2,000
SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test of the rocket to date.
From treetop dining to underwater villas, the Maldives is coming up imaginative ways to help travelers stay socially distanced while still enjoying a vacation. The island nation reopened to visitors on July 15, and more than 57,000 tourists have visited since. More airlines set to resume flights this month and next. Earlier in November, the
Check out the companies making headlines in midday trading. Deere — Shares of the equipment maker slipped more than 1% despite the company betting top and bottom line estimates during the fourth quarter. Deere earned $2.39 per share during the period, ahead of the $1.49 expected by analysts surveyed by Refinitiv. The company said in
Capitol Building in Washington, D.C. DEA / M. BORCHI | De Agostini | Getty Images Nearly 14 million American workers are collecting unemployment benefits through programs that will lapse at the end of the year without congressional action. Expiring aid would leave many without income at a time when protections for renters, homeowners and student
AJ Watt | Getty Images Are you stocking up on cold and flu meds for the winter? Buying an at-home Covid-19 test kit? If so, you are running out of time to use this tax-advantaged account for those purchases. Health-care flexible spending accounts, which may be available at your job, allow you to stash pre-tax
Richard Newstead | Moment | Getty Images Drones have arrived on Wall Street. Goldman Sachs, the world’s top mergers advisor, is among investment banks using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. After Covid-19
Tiffany & Co. gift boxes seen in a store window. Alex Tai | SOPA Images | LightRocket | Getty Images Many Americans are spending their days working from home in leggings and casualwear during the coronavirus pandemic. They have few, if any, parties or gatherings where they dress up — never mind show off a
Federal Reserve officials took part in a detailed discussion about their asset purchase program during the meeting earlier this month, at which some members said they expect several changes to be enacted. The Fed on Wednesday released minutes from its Nov. 4-5 policy meeting. Officials at that meeting voted to keep benchmark short-term borrowing rates
Clark Duke, Kailey Crawford and Cloris Leachman voice Thunk, Sandy and Gran in “The Croods: A New Age” Universal The week of Thanksgiving is typically a robust time at the box office, but this year the coronavirus pandemic has crippled the film industry, leaving little doubt that the November holiday will suffer the same fate.
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‘Tis the season to shore up your savings. In the days leading up to Black Friday, financial experts caution against overspending, particularly amid an economic crisis due to the coronavirus pandemic — and consumers are listening. One campaign, called “In the Black Friday,” spearheaded by the National Financial Educators Council, encourages consumers to avoid debt
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
For Rep. Alexandria Ocasio-Cortez, being a member of Congress requires being “on-call 24/7,” she recently told Vanity Fair. But despite the demands, AOC has trick to staying both productive and upbeat. “I try to focus less on ‘productivity’ and focus more on impact,” Ocasio-Cortez, 31, wrote in an Instagram story Saturday night. Ocasio-Cortez, who sits on the
Take a look at some of the biggest movers in the premarket: Gap (GPS) – Gap reported quarterly earnings of 25 cents per share, missing consensus estimates by 7 cents a share. The apparel retailer’s revenue beat forecasts, however. Gap’s bottom line was hurt by increased marketing and shipping costs resulting from a shift to