The administration will purchase 100 million doses each of the vaccines made by Pfizer and Moderna to be delivered by summer and will additionally increase supply to states now, a senior official says.
Business & Financial News, U.S & International Breaking News
Biden takes steps to narrow racial divide, saying America is 'ready to change'
President Joe Biden on Tuesday issued a firm call to heal America's racial divide, taking several steps and promising more to confront racism and inequality that he said has plagued the United States for far too long.
Nissan to cut around 160 office-based UK jobs
Nissan will cut around 160 office-based jobs in Britain as the Japanese company faces reduced sales amid plans to turn around its performance.
S&P, Nasdaq slip from record levels as earnings season gains speed
The S&P and Nasdaq slipped on Tuesday from record closing levels as investors digested a batch of corporate earnings results, while an expected policy announcement from the Federal Reserve on Wednesday helped to limit moves.
GameStop closes up 92.7%, extending Wall Street's retail frenzy
Individual investors continued to pile into niche stock market plays on Tuesday, causing a scramble by short-seller funds to cover losing bets, with companies like GameStop skyrocketing for the fourth straight day even as others caught up in the buying frenzy reversed gains.
U.S. judge blocks deportation freeze in swift setback for Biden
A federal judge in Texas on Tuesday temporarily blocked a move by new U.S. President Joe Biden to halt the deportation of many immigrants for a 100-day period, a swift legal setback for his ambitious immigration agenda.
Tesla's report could trigger $7 billion payout to Musk
Tesla's quarterly report on Wednesday could trigger a $7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker's soaring stock are keen to hear the company's target for 2021 deliveries.
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