AstraZeneca on Wednesday said the coronavirus vaccine it’s developed with Oxford University has been approved by the U.K. government. AstraZeneca AZN, +1.05% AZN, +3.31% said the COVID-19 vaccine has been approved for emergency supply in the U.K. so that vaccinations may begin early in the new year. It said the …
Read More »: FDA grants Moderna authorization for a second COVID-19 vaccine
One week after authorizing the first COVID-19 vaccine for Americans, the Food and Drug Administration granted a second emergency authorization Friday, to Moderna Inc.’s COVID-19 vaccine. Moderna said it would begin delivering the vaccine to the U.S. government immediately, and expects to deliver 20 million doses by the end of …
Read More »: Pence to get COVID-19 vaccine Friday, Biden to get his next week: reports
Vice President Mike Pence plans to get the coronavirus vaccine live on TV on Friday, and President-elect Joe Biden will get his early next week, according to reports late Wednesday. Axios reported that Pence will get his shot Friday morning at the White House, and wants it to be carried …
Read More »: Economic forecasts haven’t accelerated after good vaccine news. That’s puzzling, experts say
Stock markets certainly have reacted to the good news on the rollout of a COVID-19 vaccine. The S&P 500 SPX, -0.79% has gained about 6% since Pfizer PFE, -1.67% first announced its vaccine was more than 90% successful in treating COVID-19, as has the MSCI World 892400, -0.46%. But that’s …
Read More »Capitol Report: White House denies report saying it passed when Pfizer offered additional vaccine doses
Pfizer’s coronavirus vaccine could be approved by the FDA as soon as this week. AFP/Getty Images Trump administration officials on Monday denied a New York Times report that said they passed when Pfizer offered in late summer to sell the U.S. government additional doses of its COVID-19 vaccine candidate. Now …
Read More »Health-care workers and nursing-home residents should be the first to get COVID-19 vaccine, CDC committee says
Health-care workers and nursing-home residents should be the first in line for the fast-approaching COVID-19 vaccine shots, a federal government advisory panel voted Tuesday. The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices supported the recommendations in a 13-1 vote. The recommendations aren’t binding but they can …
Read More »NewsWatch: The Fed and the promise of a vaccine aren’t enough to protect investors from a ‘reckoning,’ top economist warns
MARKETWATCH FRONT PAGE Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a recent interview. See full story. Is COVID testing free? Where can I get a rapid test? Your complete guide to coronavirus …
Read More »Asia Markets: Asian stocks mixed amid questions over effectiveness of one vaccine
A currency trader passes by screens showing the Korea Composite Stock Price Index, right, and the foreign exchange rate at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 27, 2020. AP BEIJING (AP) — Asian stock markets were mixed Friday as …
Read More »Potential for a vaccine drives Wall Street; rates remain steady, low
Mortgage interest rates remain well below 3%, with Freddie Mac’s latest 30-year fixed-rate mortgage average coming in at 2.84%. While that’s an increase from a week ago, it’s still far below the 3.75% we saw last year at this time. Freddie Mac’s Chief Economist Sam Khater notes that rates increased …
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