U.S. federal health agencies recommended pausing the use of Johnson & Johnson's single-dose COVID-19 vaccine after six recipients developed a rare disorder involving blood clots.
Business & Financial News, U.S & International Breaking News
S&P 500, Nasdaq up as tech stocks rise after J&J vaccine pause
The S&P 500 and the Nasdaq rose on Tuesday as investors flocked to the perceived safety of technology-related stocks as the U.S. pause in the rollout of Johnson & Johnson's COVID-19 vaccine sparked fears of a delay in a broader economic rebound.
Iran to begin 60% uranium enrichment after nuclear site incident
DUBAI (Reuters) -Iran said on Tuesday it would start enriching uranium to 60% purity, a move that would take the fissile material closer to the 90% suitable for a nuclear weapon, a day after Tehran accused arch-foe Israel of sabotaging a key nuclear site.
Singapore's Grab to go public in world's biggest $40 billion SPAC merger
SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.
U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens
WASHINGTON (Reuters) -U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand, kicking off what most economists expect will be a brief period of higher inflation.
Citizens lead the call for police reform since George Floyd's death
Last summer, millions of ordinary Americans took to the streets to protest racism, police violence and the killing of George Floyd.
Bitcoin hits record before landmark Coinbase listing on Nasdaq
LONDON (Reuters) -Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.
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