U.S. investors cut their use of leverage in July, marking the first month since the onset of the pandemic that saw a reduction in the use of margin debt to buy securities like stocks, potentially a warning sign for markets buoyed by heavy use of borrowed money.
Pfizer CEO Albert Bourla told Fox News the company has a system in place to turn around a variant-specific jab within 95 days in the likelihood a vaccine-resistant COVID strain emerges, but experts warn that strategy will backfire.
The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.
Facebook has been accused by a UK child protection watchdog of fuelling a spike in online grooming of children during the pandemic – with “risky design features” in Instagram and other popular apps being exploited by offenders.
Military, defense minister believe a credible threat of an Israeli attack on Tehran’s nuclear facilities is only way US will be able to negotiate better deal with Islamic Republic
Former University of Georgia football legend Herschel Walker has filed to run for U.S. Senate in Georgia, becoming the most prominent Republican to line up to challenge incumbent Sen. Raphael Warnock (D-Ga.).
The U.S. income tax system is “very progressive,” and it’s increasingly taking on the role of providing social benefits to households, according to the Tax Foundation.