Economy - Finance > Market

Novavax eyes bringing its COVID-19 vaccine to the U.S. market

1 month ago   |   By Fast Company

American biotechnology company Novavax says its COVID-19 vaccine has shown to have 90.4% effectiveness in a Phase 3 clinical trial.
American biotechnology company Novavax said today that the COVID-19 vaccine it's developing has shown to have 90.4% effectiveness in a Phase 3 clinical trial conducted in the United States and Mexico.
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Crispin Odey believes inflation will bring a 'golden period' for M&A. He highlights why his bet on Distell could be a big winner

Crispin Odey believes inflation will bring a 'golden period' for M&A. He highlights why his bet on Distell could be a big winner

1 month ago   |   By Business Insider

Summary List Placement Inflation is on every investor's mind, and for $2.5 billion one hedge fund manager, a rise in prices is welcomed.
Crispin Odey, the British founder of the Odey Asset Management, wrote to investors in his $71 million Odey Special Situations fund that inflation is here to stay, despite "the stipulation by the US Federal Reserve... that the recent pick up in inflation is related to the post-covid reopening trajectory and therefore is likely to be temporary in nature."
While inflation is seen as one of the few things that would reign in the record-setting equity markets...
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Flagship Pioneering, The Investor Behind Moderna, Raises $3.4 Billion For New Fund

1 month ago   |   By Forbes

Flagship Pioneering, the investor behind Covid-19 vaccine maker Moderna, said today that it had raised $3.4 billion for a new fund.
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July 24th COVID-19, New Cases, Hospitalizations, Vaccinations

July 24th COVID-19, New Cases, Hospitalizations, Vaccinations

The 7-day average cases is the highest since May 3rd. The 7-day average hospitalizations is the highest since May 22nd. This data is from the CDC . According to the CDC, on... Read more ...

The DL on CockroachDB

The DL on CockroachDB

As college students at Berkeley, Spencer Kimball and Peter Mattis created a successful open-source graphics program, GIMP, which got the attention of Google. The duo ultimately... Read more ...

Vatican closes 2020 with shortfall, but better than forecast

VATICAN CITY - The Vatican closed out 2020 with a deficit of 66.3 million euros , which was better than projected and even lower than pre-pandemic 2019, according to figures... Read more ...

Student Loan Cancellation Won't Stimulate The Economy, According To New Research

Student loan cancellation isn't a financial stimulus. Read more ...

This Week in Apps: Clubhouse opens up, Twitter talks bitcoin, Snap sees...

This Week in Apps: Clubhouse opens up, Twitter talks bitcoin, Snap sees record quarter

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry... Read more ...

'We can expect fireworks': 6 experts sound off on their expectations for...

'We can expect fireworks': 6 experts sound off on their expectations for Robinhood's hugely anticipated IPO

Summary List Placement Robinhood's mission since it was founded in 2013 has been to "democratize finance for all." Years later, ahead of its hotly-anticipated initial public... Read more ...

Schedule for Week of July 25, 2021

Schedule for Week of July 25, 2021

The key report this week is the advance estimate of Q2 GDP. Other key reports include June New Home Sales, Personal Income and Outlays for June, and Case-Shiller house prices... Read more ...

Jeremy Grantham's GMO says stocks are overvalued by every metric, but there...

Jeremy Grantham's GMO says stocks are overvalued by every metric, but there are 3 strategies investors can use to weather a crash

Summary List Placement Billionaire Jeremy Grantham's investment firm says stocks are too pricey, outlining their view as US equities sit at record highs, with the team offering... Read more ...

Jeremy Grantham's GMO says stocks are overvalued by every metric, but there...

Jeremy Grantham cofounded the asset management firm GMO. Boston Globe/Getty Images Stocks worldwide are expensive and US stock valuations are at concerning levels, Jeremy... Read more ...

Amazon wants a ‘key' to your apartment building

The online shopping giant is pushing landlords around the country - sometimes with financial incentives - to give its drivers the ability to unlock apartment-building doors... Read more ...