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Pfizer’s Omicron vaccine demonstrates a strong immune response after a month

At the end of last week, Pfizer Inc along with its partner, BioNTech SE, announced that their Omicron vaccine (against the BA.4/5 subvariants) produced a strong immune system response in older people in a month.

7 November 2022
Amazon is freezing hiring for several months

Amazon is changing its hiring policy on the back of an unpredictable economic situation.

7 November 2022
ECB shouldn’t stop raising rates while core inflation is increasing

According to Francois Villeroy de Galhau, governor of the Bank of France, the European Central Bank has no choice but to raise interest rates until core inflation reaches its highest levels.

7 November 2022
JPMorgan makes its first DeFi transaction on a public blockchain

One of the major banks, JPMorgan, has successfully accomplished its first international transaction via decentralized finance (DeFi) on a public blockchain. The transaction was made on November 2 through Project Guardian.

3 November 2022
Wells Fargo mortgage staff braces for layoffs

According to CNBC, mortgage origination volume has dropped again in recent weeks. As a consequence, there are fears that the bank will have to lay off more workers.

3 November 2022
Pfizer: Our RSV vaccine for expectant mothers prevents severe infections in infants

Pfizer Inc said Tuesday that its pilot respiratory syncytial virus (RSV) vaccine has shown effectiveness in preventing severe infections in infants.

3 November 2022
Amazon stock offers upside potential

Analysts at Tigress Financial maintained a "Buy" recommendation, but lowered their target price on Amazon stock from $232 to $192 to reflect a revised valuation and growth rate adjustment.

3 November 2022
Mastercard CEO: Crypto still has a long way to go

According to Mastercard CEO Michael Miebach, cryptocurrencies still have a long way to go before becoming mainstream.

3 November 2022
Strengthening dollar pressures oil, but supply concerns keep prices up

The U.S. dollar is strengthening due to the Fed's hawkish policy choice. Nevertheless, oil prices remain stagnant due to general supply concerns.

3 November 2022
Dollar takes a breather, but its retreat is unlikely to last long

The U.S. dollar fell slightly on Thursday as investors adjusted to the Federal Reserve’s possible decision to continue raising interest rates further on. On Wednesday, the U.S. central bank raised its benchmark funds rate again by 75 basis points.

3 November 2022