U.S. stocks fell on Thursday, with Big Tech leading the declines after stronger-than-expected consumer prices data raised fears the Federal Reserve will act aggressively to counter inflation. The Labor Department data showed consumer prices leapt 7.5 percent in January on a year-over-year basis, topping economists’ estimates of 7.3 percent, leading to the biggest annual increase…
Euro Drops After US Jobs Data Fuels Dollar Rebound
LONDON—The euro dipped on Monday after a surge last week that followed a hawkish shift by the European Central Bank, as traders turned to the dollar betting the jump in U.S. jobs created in January could lead to faster Federal Reserve rate hikes. The European common currency dropped 0.2 percent to as low as $1.1415,…
Banks Open Fixed Income Front in Europe’s Data Price Battle
LONDON—The price of bond market data has risen by half over the past five years, which could prompt some users to quit the market and damage liquidity, industry body AFME said on Thursday. Big banks and asset managers already say that data on share trades is too expensive—a complaint rejected by exchanges—and the Association for…
Beijing Olympics App Records Audio and Collects Data, Revealed by Experts | China Insider With David Zhang
February 1, 2022
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2022CCPChinaChina Human RightsChina InsiderdataEpochTVOlympicPeng Shuaisocial controlSpecial TopicsSpytechnologytheftWinter Games
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The invasion of privacy is serious. Should we be worried about our data being watched by China? A mobile app riddled with trouble, “My 2022” is mandated for all that attend the Winter Games this week. What will Beijing do with the data collected from the athletes, officials, and journalists there? And how easy is…
Moderna CEO Says Data for Omicron-Specific Shot Likely Available in March
January 18, 2022
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Business & EconomyCCP VirusCEOCompaniesdatamarchModernaOmicronStephane BancelUSUS NewsVaccineVaccines & Safety
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Moderna Inc.’s vaccine candidate against the Omicron coronavirus variant will enter clinical development in the next few weeks and the company expects to be able to share data with regulators around March, CEO Stephane Bancel said on Monday. “The vaccine is being finished … it should be in the clinic in coming weeks. We are…
Wall Street Opens Higher as Producer Prices Data Eases Rate Hike Fears
Wall Street’s main indexes opened higher on Thursday after weaker-than-expected producer prices data eased concerns about a faster pace of interest rate hikes from the Federal Reserve, while Delta Air Lines led gains among carriers on strong earnings. The Dow Jones Industrial Average rose 22.17 points, or 0.06 percent, at the open to 36,312.49. The…
Futures Extend Gains as CPI Data in Line With Expectations
U.S. stock index futures extended gains on Wednesday after consumer prices data came largely in line with expectations, easing some concern about faster-than-expected policy tightening by the Federal Reserve. At 8:33 a.m. ET, Dow e-minis were up 147 points, or 0.41 percent, S&P 500 e-minis were up 18 points, or 0.38 percent, and Nasdaq 100…
Wall Street Set for Weaker Start After Mixed Payrolls Data
January 7, 2022
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LONDON—Wall Street headed for a lower start on Friday as investors sought to interpret a ‘mixed bag’ of payrolls numbers before the final session of a rollercoaster first trading week of the year. U.S. employment rose by a less-than-expected 199,000 jobs last month as the impact of a resurgent pandemic bites, well below the 400,000…
Dollar Retreats Modestly Before US Job Data
LONDON—The dollar retreated slightly on Friday but was still on course to gain over the week before the release of U.S. labor data that investors think could reinforce the case for early Federal Reserve interest rate hikes. The euro rose 0.13 percent to $1.1315 in morning trading in Europe but was down about 0.5 percent…
US Recommends Approving Google, Meta Undersea Data Cable to Asia
WASHINGTON—The Biden administration on Friday recommended Alphabet’s Google and Facebook parent Meta get permission to use an undersea cable system to handle growing internet traffic with Asia. The administration urged the Federal Communications Commission (FCC) to grant licenses for the companies to send and receive data on the existing 8,000-mile Pacific Light Cable Network. The…
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