Finance

  • Finance

    Coronavirus newest: UK inflation picks as much as lengthen rise from 4-year low

    Brussels is about to announce plans to plough thousands and thousands of euros into analysis on new coronavirus variants because it seeks to step up its response to the quickly evolving pandemic. Ursula von der Leyen, European Fee president, is getting ready to announce €150m in funding for analysis into novel mutant strains Texas, which has been hit laborious by snow and freezing temperatures, expects this week’s vaccine deliveries to start on Wednesday “on the earliest” after the US Facilities for Illness Management and Prevention and its supply companions postponed vaccine shipments on Friday because of the incoming winter storm. Scottish kids will start returning to nurseries and colleges subsequent…

    Comments Off on Coronavirus newest: UK inflation picks as much as lengthen rise from 4-year low
  • Finance

    A famous West African chef and a Dean & Deluca alum have a new ‘it’ grain that could unseat quinoa

    While on a walk in 2010 around Brooklyn’s Clinton Hill neighborhood, Teverow saw a man cooking a whole animal on the sidewalk and had one overriding thought: I have to go talk to him. It was Pierre Thiam, one of the world’s leading West African chefs. “It was a lamb, and I was humiliated because I assumed it was a baby pig,” Teverow told Fortune. (A pig would not have passed muster in Senegal, Thiam’s birthplace, which is a predominantly Muslim country.) The pair would occasionally cross paths after that initial meeting, and Teverow had ordered Thiam’s first cookbook: “Yolélé! Recipes From the Heart of Senegal.” (Yolélé is a Fulani…

    Comments Off on A famous West African chef and a Dean & Deluca alum have a new ‘it’ grain that could unseat quinoa
  • Finance

    The S&P 500 is on its best bull run in 87 years. Here’s why

    This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Happy Friday, Bull Sheeters. Solid U.S. labor data couldn’t save the Dow and S&P 500 from finishing in the red yesterday. But the benchmark S&P 500 is still up more than 50{4bae5313c1ffa697ce99995897f7847f1ebf3bca0fb7c37396bb602eb24323d3} since its March lows as it nears a new all-time high. Alas, U.S. futures point to a flat open today. Let’s check in on the action. Markets update Asia The major indexes are mostly higher, with the Shanghai Composite leading the way, up 1.2{4bae5313c1ffa697ce99995897f7847f1ebf3bca0fb7c37396bb602eb24323d3} in afternoon trade. China’s industrial output continues to crank into…

    Comments Off on The S&P 500 is on its best bull run in 87 years. Here’s why
  • Finance

    Why this August equities rally is so unusual

    This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Buongiorno, Bull Sheeters. The August rally has been truly impressive. The S&P 500 has gained ground on all but one trading session this month. Alas, this morning investors have hit pause on equities, with U.S. futures slightly down, and Europe and Asia mixed. Let’s check in on the action. Markets update Asia The major Asia indexes are mostly higher with Japan’s Nikkei up 1.8{4bae5313c1ffa697ce99995897f7847f1ebf3bca0fb7c37396bb602eb24323d3} in afternoon trade. Facing a potential U.S. ban, Tencent Holdings, operators of the popular WeChat messaging platform, is trying to placate investors…

    Comments Off on Why this August equities rally is so unusual
  • Finance

    Sumner Redstone, Viacom founder and old-fashioned media mogul, dies at 97

    © 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Info | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html.S&P Index data is the property of Chicago Mercantile Exchange…

    Comments Off on Sumner Redstone, Viacom founder and old-fashioned media mogul, dies at 97
  • Finance

    What is Trump’s payroll tax holiday and how will it affect you? Everything you need to know

    Amid a standstill in Congress over a fresh round of stimulus, President Trump issued several executive orders over the weekend to fast-track some economic aid initiatives to deal with the continued fallout from the coronavirus pandemic. One key order is a so-called payroll tax holiday—which would put a moratorium on paying certain payroll tax until next year. The order has already been met with a lot of criticism, including that the tax deferral wouldn’t help the people who might need it most who have lost their jobs and aren’t currently paying payroll tax. Meanwhile, there’s a catch: the order is only a deferral of the taxes, so it won’t forgive…

    Comments Off on What is Trump’s payroll tax holiday and how will it affect you? Everything you need to know