FOX BusinessAuctions Sale of Chinese painting shows art value rising in pandemic verified_publisherFOX Business - Fox BusinessA Chinese painting from 1924 is expected to fetch at least $45 million in an auction in Hong Kong, as collectors' appetite for art continues to rise even amid economic uncertainty brought about by the...
FOX BusinessUnited States North Carolina Walgreens accidently administers saline instead of COVID-19 vaccine verified_publisherFOX Business - Daniella GenoveseA Walgreens in North Carolina accidentally inoculated some patients with saline rather than the COVID-19 vaccine, according to a report. The mix-up occurred at one of the company's pharmacies in Monroe,...
FOX BusinessHealth J&J COVID-19 vaccine was paused over blood-clot treatment concerns verified_publisherFOX Business - Fox BusinessU.S. health authorities came close to simply warning about a blood-clotting risk from Johnson & Johnson's Covid-19 vaccine, but decided to recommend pausing use out of concern doctors would improperly...
FOX BusinessCoronavirus (COVID-19) Netflix, Johnson & Johnson earnings top week ahead verified_publisherFOX Business - Lucas ManfrediThe upcoming week will have a slew of earnings from dozens of big names including Coca-Cola, Johnson & Johnson, United Airlines and Netflix to name a few. Investors will also pay close attention to some...
FOX BusinessCoronavirus (COVID-19) Oregon officials weigh mandating COVID-19 rules in all businesses indefinitely verified_publisherFOX Business - Bradford BetzWith many states lifting COVID-related restrictions amid a more widely available vaccine, Oregon is poised to go in completely the opposite direction as health officials consider mandating masks and social...
FOX BusinessKroger Kroger closes 2 Southern California stores over $4 per hour 'hero pay' ordinance verified_publisherFOX Business - Peter AitkenRetail chain Kroger closed two California stores Saturday after Long Beach City approved a coronavirus "hero pay" ordinance. Hero pay ordinances bump pay for workers in retail stores and pharmacies with...
FOX BusinessTaxes Former Speaker Paul Ryan predicts 'big migration' from high-tax NYC to cities in Texas, Florida verified_publisherFOX Business - Evie FordhamFormer House Speaker Paul Ryan predicted a "big migration" from high-tax cities like New York City and said Republicans' 2017 cap on state and local tax deductions, combined with the coronavirus pandemic,...
FOX BusinessOrganized Labor Teachers union boss slammed over tone-deaf tweet on moms leaving workforce verified_publisherFOX Business - Caitlin McFall ,The president for the American Federation of Teachers took to Twitter Friday evening to announce that over 100 percent of mothers with young children left their jobs amid the coronavirus pandemic to handle...
FOX BusinessTim Scott Sen. Tim Scott predicts the economy will 'explode' later this year verified_publisherFOX Business - Marisa SchultzSen. Tim Scott offered a very optimistic view of a post coronavirus economy and predicted tremendous growth in the second half of 2021. "I look forward to the third and fourth quarter of this year where...
FOX BusinessSmall Business A $16 billion COVID-19 rescue program for music venues fails to launch verified_publisherFOX Business - Amara OmeokweThousands of performance venues thought last week would mark the end of a long wait for rescue funds from a federal program designed to help them survive the coronavirus pandemic. They were wrong. The...
FOX BusinessInternal Revenue Service IRS delivering more 'plus-up' stimulus checks to Americans who already filed their taxes this week verified_publisherFOX Business - Megan HenneyMore than 700,000 Americans who already filed their 2020 tax returns will receive a supplemental stimulus check this week, the IRS said. The so-called "plus-up" payments will be sent to taxpayers who receive...
FOX BusinessPfizer Moderna CEO: Regulators should handle COVID-19 vaccine safety, review verified_publisherFOX Business - Alexandria HeinModerna CEO Stephane Bancel said on Friday he believes it’s the regulators' responsibility to collect and compare safety data regarding COVID-19 vaccines after a report revealed that Johnson & Johnson...
FOX BusinessPandemics COVID-19’s toll on US business? An extra 200,000 closures verified_publisherFOX Business - Fox BusinessThe economic toll from the COVID-19 pandemic has been tough to measure, but new estimates from the Federal Reserve suggest it wasn’t as bad as feared for smaller businesses. The pandemic resulted in the...
FOX BusinessCoronavirus (COVID-19) J&J privately asked rival Covid-19 vaccine makers to probe clotting risks verified_publisherFOX Business - Jenny Strasburg ,Johnson & Johnson privately reached out to Covid-19 vaccine rivals to ask them to join an effort to study the risks of blood clots and speak with one voice about safety, but Pfizer Inc. and Moderna Inc....
FOX BusinessU.S. Politics Progressive Dems urge Biden to lift intellectual property protections for COVID vaccines verified_publisherFOX Business - Megan HenneyIn a letter delivered to the White House on Thursday, the senators urged Bidden to "prioritize people over pharmaceutical company profits" and lift certain intellectual property barriers in order to allow...
FOX BusinessChild Tax Credit Child tax credit to begin for families in July, IRS says verified_publisherFOX Business - Megan HenneyThe IRS plans to begin distributing the new $3,000 child tax credit authorized under President Biden's $1.9 trillion stimulus plan beginning in July. Commissioner Chuck Rettig confirmed this week while...
FOX BusinessCapital Markets Stock futures mixed after record day verified_publisherFOX Business - Ken MartinU.S. equity futures are trading mixed the day after the Dow closed above 34,000 for the first time. The major futures indexes suggest a gain on the Dow and a decline on the Nasdaq. Wall Street notched...
FOX BusinessLVCVA Las Vegas hotels hiring hundreds as travel confidence returns verified_publisherFOX Business - Stephanie BennettAs more people get vaccinated against COVID-19, many are starting to feel safe enough to start traveling again. The Las Vegas Strip is already seeing that demand and hotels are needing to hire more staff,...
FOX BusinessWorld Economy March retail sales surged 9.8% as consumers spent $1,400 stimulus checks verified_publisherFOX Business - Megan HenneyA fresh round of stimulus checks and the accelerated rollout of coronavirus vaccines sent retail sales surging in March as American consumers returned to stores and restaurants. Retail sales soared 9.8%...
FOX BusinessSouthwest Airlines Southwest Airlines makes rewards points less valuable overnight verified_publisherFOX Business - Jeanette SettembreTravelers will have to use more points to redeem flights and other rewards onboard Southwest Airlines. The Dallas-based carrier on Wednesday lowered the value of its Rapid Rewards points, requiring travelers...
FOX BusinessCapital Markets Stock futures rise ahead of bank earnings, economic data verified_publisherFOX Business - Ken MartinU.S. equity futures are trading higher ahead of the release of a slew of economic reports. The major futures indexes suggest a gain of 0.5% when trading begins on Wall Street. The Labor Department will...
FOX BusinessAirlines Analyst skeptical that air travel will ever rebound to pre-pandemic rates: 'Not by a long shot' verified_publisherFOX Business - Yael HalonAmerican Airlines announced Wednesday that it expects to fly at more than 90% of pre-pandemic seat capacity on domestic flights this summer, but travel analyst and Boyd Group International President Mike...
FOX BusinessPhil Murphy NJ Gov. Phil Murphy wants to give $40M worth of stimulus payments to illegal immigrants: Report verified_publisherFOX Business - Fox BusinessNew Jersey’s Democratic Gov. Phil Murphy is reportedly looking to give out stimulus payments to undocumented immigrants in his state. Murphy is considering executive action to provide about $40 million...
FOX BusinessUnited States Pace of US economic recovery accelerates, Fed says verified_publisherFOX Business - Jonnelle Marte ,The U.S. economic recovery accelerated to a moderate pace from late February to early April as consumers, buoyed by increased COVID-19 vaccinations and strong fiscal support, opened their wallets to spend...
FOX BusinessInternal Revenue Service IRS sends 2 million stimulus checks to Social Security, VA beneficiaries verified_publisherFOX Business - Brittany De LeaThe IRS on Wednesday announced it had sent out another 2 million economic impact payments under the American Rescue Plan, with a focus on Veterans Affairs and Social Security beneficiaries. The checks,...
FOX BusinessInvesting Goldman lifts Dow, Nasdaq slips 1%, Coinbase surges 31% to $328 verified_publisherFOX Business - Fox BusinessU.S. stocks finished the session mixed as investors weighed strong earnings from Goldman Sachs and Wells Fargo against new data that showed consumer prices may be rising at an inflationary pace. The Dow...
FOX BusinessSports Betting Mobile sports betting money tempts cash-strapped states verified_publisherFOX Business - Fox BusinessStates around the country are realizing what gamblers figured out long ago: The future of sports betting — and tax money to be made from it — is online. But they’re also realizing that extra tax money...
FOX BusinessBusiness New commercial real estate trend accelerated by COVID verified_publisherFOX Business - Caroline JoyceThe COVID-19 pandemic is accelerating the new trend of turning commercial real estate graveyards into housing. "The demand for office space is continuing to change. I would say it has accelerated what...
FOX BusinessUnited Airlines United to resume pre-pandemic boarding process verified_publisherFOX Business - Jeanette SettembreUnited is resuming its pre-pandemic boarding process. Beginning Thursday, the Chicago-based carrier said its passengers will no longer have to board the plane from back to front and instead carry out "Better...
