The reaction to a potential COVID-19 vaccine breakthrough for young children out of Moderna (MRNA) may have some traders scratching their heads. Shares of the biotech fell 3% on Wednesday on positive interim data released by Moderna for its coronavirus vaccine for children under six years old. Moderna said the shots were about 44% effective in preventing Omicron in children six months up to two years old. “We believe these latest results from the KidCOVE study are good news for parents of… Source link
Read More »The one thing markets aren’t worried about isn’t tied to Russia-Ukraine: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 11, 2022 The post-pandemic era arrived while you were worried about Russia To paraphrase Jay-Z (I’m a Brooklynite, sue me): The market has 99 problems, but COVID-19 doesn’t seem to be one. Well, at least not anymore, given investors’ ever-lengthening list of concerns. Spiraling inflation that hasn’t been seen in decades is… Source link
Read More »What Google Search Isn’t Showing You
When I recently Googled “best toaster” on my phone, thinking about replacing the appliance in my apartment kitchen, the search immediately yielded a carrousel of images of products from various high-design brands: Balmuda, Hay, Smeg. (Guilty: I had definitely searched for the Japanese Balmuda’s steam-enabled toasters before.) Lower down on the results page were ads for online retailers such as Amazon and Wayfair, then another carrousel of “Popular Toasters” with user-review… Source link
Read More »Google updates Chrome logo after 8 years, still isn’t shiny and chrome enough
Huge news from Google HQ: the company is changing the Chrome web browser logo for the first time in eight years. And it’s stunningly—well, not all that different. To be fair, the new logo is clearly different to the previous one, when viewed side-by-side anyways. It’s brighter, cleaner, and Google has taken the design equivalent of a 10,000 LED light to the front of the logo to eradicate any hint of shadow. That may not be the exact logo you end up seeing on your device, however. Google is… Source link
Read More »Why one area of the economy isn’t seeing inflation
Inflation in December was the hottest in nearly 40 years, according to the Federal Reserve’s favored gauge, released this morning. U.S. consumers have been confronted with higher prices for everything from gasoline to groceries, cars to dishwashers. There’s one industry, though, that’s undergoing a pricing war that has prevented increases. Have you looked at your mobile phone bill lately? “At a time when seemingly every other industry in America is raising prices, the wireless industry… Source link
Read More »Elimination isn’t ‘going to be possible with this virus,’ virologist says
Angela Rasmussen, a virologist and at the Vaccine and Infectious Disease Organization at the University of Saskatchewan, told Yahoo Finance Live that ending the COVID-19 pandemic isn’t likely to end anytime soon. “Endemicity is what we’re really talking about,” she said. One reason COVID-19 may be here to stay is because of its ability to infect different animals. “I don’t think that elimination is going to be possible with this virus. This virus infects a number of different animal species… Source link
Read More »Urban Meyer says defender who isn’t playing is playing more
Urban Meyer has struggled adapting to NFL life, and the Jacksonville Jaguars head coach especially has been at odds with his new city’s motto: “It’s easier here.” Nothing, it turns out, has been easy this season for the Jags or for Meyer. But has Meyer done enough to help his own cause? On Sunday morning came an explosive report from NFL media that indicated Meyer has called out his assistant coaches in an embarrassing fashion in front of the team and also had a heated exchange with wide… Source link
Read More »Why Paypal buying Pinterest isn’t really that weird
Huh?! That was the general first hot take on the news that crossed the wires Wednesday afternoon that PayPal was exploring a deal to buy Pinterest. It was a logical initial reaction as PayPal is a payments platform that happens to own Venmo and is dabbling in crypto. And Pinterest lets you lay out your dream meal on a digital vision board. But now that the news has sunk in, some on Wall Street are starting to see some merit to the deal even if it took 10 hours. “We see technology companies… Source link
Read More »Reminder to Democrats: Bernie Sanders isn’t president
Liberal Democrats think they’re having a moment. They’re tying up President Biden’s legislative agenda because it doesn’t tax the rich enough or lavish adequate spending on the needy. Since Democrats have tiny majorities in both the House and Senate, a few defectors can squash Biden’s entire plan. Liberals are reveling in their leverage. They shouldn’t be. The so-called progressive wing of the Democratic party may have enough heft to block action, as it has with the so-called… Source link
Read More »GameStop says it isn’t just selling video games — it’s also ‘evolving’ into a tech company
GameStop (GME) apparently no longer sees itself as a retailer under the dual leadership of new chairman Ryan Cohen and CEO Matt Furlong, but rather as a tech company perhaps some day worthy of being in the same discussion as an Apple (AAPL), Microsoft (MSFT), and Google (GOOG, GOOGL). “GameStop has two long-term goals: delighting customers and delivering value for stockholders. We are evolving from a video game retailer to a technology company that connects customers with games,… Source link
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