Crypto platform Coinbase late Thursday reported first-quarter earnings of $3.05 per share, or $771.51 million, on revenue of $1.8 billion from $585 million in the previous period. The results were mostly in line with investor expectations and matched the company's preliminary report that was released ahead of its April...
The U.S. Food and Drug Administration late Monday authorized the emergency use of Pfizer Inc. PFE, +0.71% and BioNTech SE BNTX, +10.15% COVID-19 vacccine for children between the ages of 12 and 15. Acting FDA commissioner Janet Woodcock called the expansion of the emergency use a "significant step in...
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 156 million on Friday, and India set another record with 414,188 new cases in a 24-hour period, as Pfizer Inc. and BioNTech SE started the process of applying for full regulatory approval of their vaccine. ...
This article previously referenced incorrect estimates for Peloton’s quarterly performance. It has been updated. Peloton Interactive Inc. executives expect to take a financial hit from the recall of its treadmills, but they believe continuing strong demand for the company’s exercise bikes and the clearing a delivery backlog should come...
Inflation is back, and the question for investors is whether it is a blip caused by pent-up demand as the economy opens up. If you believe a sustained period of high inflation has begun, this is the time to reconsider your investment allocation. Economists cite contradictory evidence when...
U.S. stocks fell Friday on the last trading day of the month, as one of the busiest weeks of the first quarter earnings reporting season came to a close, with investors weighing blockbuster results from most large technology companies and good economic data, while keeping one eye on expectations...
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 150 million on Friday, and India set yet another one-day case record, as the Indian army opened its hospitals in the latest effort to address a dire humanitarian crisis. India counted 386,452 new cases in...
Stocks ended lower Friday as investors shrugged off largely strong earnings reports and economic data, dragging the Dow Jones Industrial Average and the Nasdaq Composite to weekly losses but leaving solid monthly gains intact. The Dow DJIA, -0.54% fell around 186 points, or 0.5%, to close near 33,875, according...
The Biden administration will restrict travel from India beginning May 4, the White House said Friday. "The policy will be implemented in light of extraordinarily high COVID-19 caseloads and multiple variants circulating in India," a statement said. The administration is acting on the advice of the Centers for Disease...
It’s easy to imagine retiring to a beautiful place, but chances are many other people are thinking the same way, which means it can be expensive. As part of her Where Should I Retire series, Silvia Ascarelli helps a couple who wish to retire and move to a small...