(Reuters) -The U.S. government has awarded Moderna (NASDAQ:MRNA) $590 million to advance the development of its bird flu vaccine, as the country doubles down on efforts to tackle increasing infections in humans. This is in addition to $176 million awarded last year to complete late-stage development and testing of a pre-pandemic mRNA-based vaccine against the…
MEXICO CITY (AP) — Behaving at their best, a dozen dogs attended Mass at Mexico City’s cathedral Friday, waiting for their turn to de doused with holy water. The blessing of the animals is a long-time Catholic tradition celebrated on January 17. On this day, Mexican Catholic congregations and priests welcome pups, cats and the…
WASHINGTON (Reuters) – The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia’s current financing program, the fund said, paving the way for a disbursement of about $250 million. The East African nation struck the four-year, $3.4 billion program deal last July, after it undertook far-reaching reforms including the…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and would begin employing “extraordinary measures” to keep from breaching the cap and triggering a potential catastrophic default. Yellen, in a letter on Friday to congressional leaders just three days before the Biden administration turns…
By Tom Polansek CHICAGO (Reuters) – U.S. poultry producers should ramp up testing and monitoring of turkeys for bird flu before they are slaughtered to ensure the virus stays out of the food supply, the U.S. Department of Agriculture said on Friday. The agency is advising enhanced safety measures in Minnesota and South Dakota, where…
(Reuters) – Security company SailPoint on Friday made public its paperwork for an initial public offering in the United States. Ebullient equity markets, falling interest rates and hopes of a friendlier market environment for deals under the incoming Trump administration has rejuvenated the U.S. IPO market. SailPoint will list its shares on the Nasdaq Global…
By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and indicating no major deterioration in government finances before President-elect Donald Trump takes office on Monday. The CBO “baseline” estimates are based on current laws and assume that…
Investing.com– The S&P 500 ended a strong week on a high Friday, as bullish bets on stocks continued just days ahead of President-elect Donald Trump inauguration on Monday, which marks the transfer of presidential power. At 4:00 p.m. ET (21:00 GMT), the Dow Jones Industrial Average rose 334 points, or 0.8%, the S&P 500 gained…
Investing.com — Shares of Moderna (NASDAQ:MRNA) jumped 5% following reports that it had been awarded $590 million for the development of a bird flu vaccine. The funding, provided by the Department of Health and Human Services, is intended to expedite the creation of mRNA-based vaccines through the Rapid Response Partnership Vehicle Consortium, with the backing…
Investing.com —Â Truist Securities maintained a neutral outlook on real estate investment trusts for 2025, factoring improving fundamentals but impact of long-term interest rates and tight yield spreads. It forecasts a 10% total return for the sector, with 4.5% and 6.3% average funds from operations growth in 2025 and 2026, respectively. Truist upgraded CubeSmart (NYSE:CUBE), Elme…
