WHO asks wealthy nations to hold off on Covid vaccine boosters at least through September

The World Health Organization on Wednesday called for a halt of Covid-19 booster shots, citing vaccine inequity around the world.

Yellen says enacting Biden's agenda is key to keeping U.S. the 'world?s pre-eminent economic power'

Yellen is trying to rally the public behind the bipartisan infrastructure bill and Democrats' even bigger $3.5 trillion spending plan.

Why Nvidia?s $40 billion bid for Arm could be in jeopardy

Nvidia's $40 billion bid to buy U.K.-based chip designer Arm from Japan's SoftBank has started to look increasingly uncertain.

The IRS has seized $1.2 billion worth of cryptocurrency this fiscal year ? here's what happens to it

The IRS has seized $1.2 billion worth of cryptocurrency this fiscal year. Here's what happens to it.

Dow falls more than 200 points as jobs data, GM earnings disappoint

U.S. stock futures were little changed early Wednesday morning after the S&P 500 rose to another fresh record during the regular session.

'Made in China' products are running into new logistics problems

Access to cheap manufacturing in China is becoming a disadvantage for some Chinese businesses selling overseas due to the pandemic and trade tensions.

Bezos' Blue Origin calls Musk's Starship 'immensely complex & high risk' for NASA moon missions

Jeff Bezos? Blue Origin blasted NASA?s decision to award Elon Musk?s SpaceX the sole contract to build a lunar lander.

Elon Musk's photos show SpaceX rolling out its massive rocket booster for Starship

SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight.

Chinese e-commerce giant JD.com has gaming ambitions. This is its strategy

China's JD.com is investing in its gaming business from partnering with companies to inform their device development to expanding its own e-sports team.

Bipartisan infrastructure bill inches through Senate as Schumer pledges to stay until it passes

The Senate is voting on amendments to the bipartisan infrastructure plan as Majority Leader Chuck Schumer aims to vote on it this week.

Bitcoin vs. gold: Here?s what billionaire Ray Dalio thinks

Why billionaire Ray Dalio would choose buying gold over bitcoin.

General Motors misses Wall Street second-quarter earnings expectations, raises 2021 guidance

GM said quarterly earnings were dragged down by some $1.3 billion in warranty recall costs, including $800 million related to the Chevrolet Bolt EV.

Amazon plans to cut waste following backlash over the destruction of unused products

Amazon has launched two programs as part of an effort to give products a second life when they get returned to businesses that sell items on its platform.

Germany?s Commerzbank reports second-quarter loss as restructuring, write-off charges bite

Commerzbank on Wednesday reported a net second-quarter loss due to restructuring costs and an exceptional write-off to an outsourcing project.

From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise

Economists are concerned that strict measures by the government to control the Covid-19 outbreak would hurt the Chinese economy.

Inflation pressure to test Bank of England's patience at key meeting, economists warn

Economists broadly expect the Bank of England's Monetary Policy Committee to raise its inflation forecasts on Thursday after two straight months of overshoots.

Indian shares hit record highs as investors focus on earnings and interest rate decision

The Nifty 50 index rose 0.79% to 16,258.05, led by gains in financial services and metals sub-indexes which were up 2.44% and 0.45%, respectively.

China's crackdown on housing speculation levels the playing field, major Asian real estate group says

Capitaland Group's Andrew Lim says the real estate firm is seeing opportunities emerge in China amid a credit crunch.

Facing calls to quit, Malaysia's prime minister says he will prove his legitimacy in parliament

Prime Minister Muhyiddin Yassin, who came to power in March last year, has governed with a razor-thin majority in the 222-seat parliament.

Security concerns over chip shortage are pushing governments to act, Moody?s says

Semiconductor chips are ubiquitous ? without them, a lot of products from smartphones to cars to household appliances won't be able to work.

With delta, is it even safe to go to music festivals or outdoor concerts? Here's what experts say

Lollapalooza welcomed thousands of people to Chicago for a four-day music festival. Attendees had to show proof of vaccination or a negative Covid test within 72 hours. But does that mean outdoor music festivals are safe?

Australia's vaccinations need to rise before country can set up travel bubbles, let students in

Australia's trade minister, Dan Tehan, says relaxing border restrictions and letting foreign students back in are still "very much part of the roadmap."

CDC issues new eviction ban effective through Oct. 3

The Centers for Disease Control and Prevention issued a new eviction ban across most of the country until October as the delta variant surges.

The SEC needs more power from Congress to fully regulate crypto, Chair Gensler says

SEC Chairman Gary Gensler said Tuesday that Wall Street's top regulator needs Congress to grant it more power to oversee the crypto market.

Robinhood surges more than 24%, blows past $38 IPO price

Robinhood went public last Thursday on the Nasdaq under ticker HOOD.

Investors have misconstrued China's crackdown as anti-capitalist, billionaire Ray Dalio says

Chinese tech and education stocks sold off last week after the country continued its crackdown on tech, and stepped up restrictions on its education industry. 

Square's Afterpay acquisition proves Jamie Dimon is right to fear 'increasingly smaller role' of Wall Street

Square's Afterpay deal again highlights Wall Street's 'increasingly smaller role' in finance, as payments and fintech companies attract younger consumers.

Incident with multiple tankers in Gulf of Oman raises concerns in oil market

U.S. officials say they are still looking into a situation in the Gulf of Oman, where there's one hijacked ship and the status of several others is unclear.

Biden calls on Cuomo to resign after bombshell sexual harassment report

President Joe Biden called on Democratic New York Gov. Andrew Cuomo to resign Tuesday, following a report that Cuomo sexually harassed 11 women.

Dow climbs more than 200 points, S&P 500 closes at record as industrial stocks rise

Stocks tied to the economic recovery rose on Tuesday even as travel stocks were held back by concern about the delta variant of Covid.


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