A flurry of vaccine announcements dominated pandemic headlines on Monday
Outside the Box: Republicans and Democrats actually agree that America must be a tech leader. Here’s what this means for the U.S. economy and jobs.
Federal funding for science and technology is pouring into chip-manufacturing, clean tech, AI and other emerging innovations.
: CES 2023: Tech legislation is shifting from antitrust focus to broadband, cybersecurity
“We have done nothing regarding privacy, advertising oversight. It’s been goose eggs. We have to look to what [more aggressive] Europe and California [regulators] are doing,” Sen. Mark Warner, D-Va., said.
Bond Report: Treasury yields bounce to begin week
Treasury yields bounce back from lowest levels since mid-December as investors monitor China’s reopening and await this week’s U.S. inflation data
Bond Report: Treasury yields pull back to mid-December levels
Treasury yields retreat to near mid-December levels.
: European drugmakers including AstraZeneca pony up for U.S.-listed biopharmas
European drugmakers announced a trio of deals around a billion dollars each to buy U.S.-listed biopharmas at hefty premiums
Futures Movers: Oil ends higher on hopes for increased China demand
Oil prices end higher after both Brent and West Texas Intermediate posted losses of more than 8% last week on worries about a global economic downturn.
Need to Know: Powell won’t stop rate hikes until he ‘terrifies’ the wealthiest of investors, says this CIO
Our call of the day comes from a CIO’s chat with another CIO who says the Fed doesn’t think big investors haven’t seen enough of a scare.
: U.S. subpoenas hedge fund dealings with Binance: report
U.S. hedge funds are being subpoenaed to hand over information of its dealings with cryptocurrency platform Binance as part of a federal investigation into potential money-laundering breaches at the crypto companies, the Washington Post reported over the weekend.
Market Snapshot: Dow erases 300-point gain as stocks end mostly lower
The Dow Jones Industrial Average fumbles a big gain, with stocks pulling back from early highs after Fed officials emphasize expectations for rates to rise.