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The Food and Drug Administration recently granted emergency use authorization for Novavax’s updated protein-based Covid vaccine in individuals aged 12 and older. This development presents a new player in the competition against Covid, joining the ranks of Pfizer and Moderna in offering vaccination options for the fall and winter seasons. Novavax’s vaccine specifically targets the
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In recent times, the American Dream of owning a home has become increasingly unattainable for many individuals. This can be attributed to the combination of higher mortgage rates and a shortage of houses in comparison to the demand for them. The median sales price for homes has continued to rise, reaching $422,600 in July, a
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Bitcoin’s price experienced a slight decline on Thursday, as investors expressed caution leading up to an upcoming U.S. inflation reading that could impact future decisions regarding interest rate cuts. Despite this short-term dip, the world’s largest cryptocurrency has faced significant challenges throughout the month of August, with a notable drop of nearly 9%. Factors Contributing
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A recent lawsuit has been filed by the American Sustainable Business Council against Texas Comptroller Glenn Hegar and Attorney General Ken Paxton. The lawsuit challenges the constitutionality of a 2021 Texas law that penalizes financial firms for “boycotting” the fossil fuel industry. The plaintiffs argue that the law infringes on their free speech and association
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The municipal bond market remained relatively stable despite the rise in U.S. Treasury yields and mixed equities performance. According to LSEG Lipper, municipal bond mutual funds experienced inflows for the ninth consecutive week, with investors adding $1.047 billion, following the previous week’s $512.9 million of inflows. High-yield municipal bonds continued to show strength, with inflows
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