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U.S. to restrict travel from India effective May 4 as Covid surge devastates the country

April 30, 2021 by admin

The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus cases, White House press secretary Jen Psaki said Friday. The policy will …

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Amazon sales surge 44% as it smashes earnings expectations

April 29, 2021 by admin

Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon shares climbed as much as 4% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s …

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Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks

April 28, 2021 by admin

Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected. Apple stock rose over 4% in extended …

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S&P 500 closes flat near a record high ahead of Big Tech earnings

April 27, 2021 by admin

The S&P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings. The broad equity benchmark ended the day less …

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S&P 500 rises slightly to all-time high ahead of big earnings, Nasdaq hits new record close

April 26, 2021 by admin

The S&P 500 rose slightly to a new record high on Monday as investors geared up for one of the busiest weeks of the first-quarter earnings season. The broad equity …

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U.S. to give India raw materials for vaccines, medical supplies to help fight Covid surge

April 25, 2021 by admin

WASHINGTON – The Biden administration said that it will immediately make raw materials needed for India’s coronavirus vaccine production available as the country works to counter the surge of Covid-19 …

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Biden recognizes atrocities against Armenians as genocide in historic break from past U.S. presidents

April 24, 2021 by admin

Following the arrest of Armenian intellectuals and community leaders in Constantinople – now known as Istanbul – by Ottoman authorities, roughly 1.5 million Armenians were killed in the events known …

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CDC panel recommends U.S. resume use of J&J Covid vaccine, saying benefits outweigh risks

April 23, 2021 by admin

A Centers for Disease Control and Prevention advisory panel on Friday recommended the U.S. resume using the Johnson and Johnson Covid-19 vaccine, saying the benefits outweighed the risk. The recommendation, …

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Dow closes more than 300 points lower following reports of Biden eyeing capital gains tax hike

April 22, 2021 by admin

U.S stocks reversed lower in a swift fashion on Thursday after reports that President Joe Biden is slated to propose much higher capital gains taxes for the rich. The Dow …

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Dow closes 300 points higher to snap a 2-day drop, small caps jump more than 2%

April 21, 2021 by admin

U.S. stocks rose on Wednesday to recover from two straight days of losses as investors piled into shares most sensitive to the economic recovery. The Dow Jones Industrial Average gained …

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