U.S. airlines will begin their flurry of fourth-quarter earnings reports on Jan. 12, when Delta Air Lines Inc. announces its results. But investors interested in the airline space might be Read more
Tag: Political/General News
China stops issuing visas to Japanese and South Korean visitors as spat over test mandates for Chinese tourists widens
China stopped issuing visas for visitors from Japan and South Korea on Tuesday in apparent retaliation for COVID-testing measures imposed on travelers from China, the Associated Press reported. China had warned Read more
Pentagon drops COVID-19 vaccine mandate for troops
WASHINGTON — The Pentagon formally dropped its COVID-19 vaccination mandate Tuesday, but a new memo signed by Defense Secretary Lloyd Austin also gives commanders some discretion in how or whether Read more
18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers
It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more
China takes first steps to punish countries that imposed testing mandates for Chinese travelers
China on Tuesday suspended visas for South Koreans to enter the country for tourism or business in apparent retaliation for South Korea’s COVID-19 testing requirements for Chinese travelers, the Associated Press Read more
Mega Millions jackpot surges to $1.1 billion: What time is tonight’s drawing?
The Mega Millions jackpot keeps growing. There’s a $1.1 billion top prize at stake on Tuesday night, following the news that no one won Friday’s drawing. While that doesn’t come Read more
California Rep. Katie Porter announces Senate run before Sen. Dianne Feinstein reveals own plans
Rep. Katie Porter, a California Democrat, on Tuesday announced she’s running for Senate in 2024. “California needs a warrior in the Senate—to stand up to special interests, [and] fight the Read more
The Fed is not a ‘climate-policy maker,’ Powell says
The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
Moderna, CureVac and Ocugen offer updates on COVID vaccines, while China cracks down on critics of government’s pandemic response
A flurry of announcements relating to COVID vaccines dominated headlines on the pandemic on Monday, with Moderna telling investors it expects to generate some $5 billion in sales in 2023. Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more