The Food and Drug Administration has recently extended its approval of GSK’s respiratory syncytial virus vaccine to include adults between the ages of 50 to 59 who are at higher risk of contracting severe illness from the virus. This vaccine, called Arexvy, is the first of its kind to be authorized by the FDA for
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Bitcoin bears could be facing trouble as a recent analysis shows that open interest on the shorts’ side is slowly increasing, aligning with the spot buying volume. This situation often leads to short squeezes, potentially pushing the price of Bitcoin towards $100,000. One key indicator to watch is the Spot Cumulative Volume Delta (CVD). This
A new and exciting public-private partnership is on the horizon for the University of Maryland’s main College Park campus. A $345.5 million green revenue bond issuance for the NextGen Energy Project is set to hit the primary market next week. With the help of conduit issuer Maryland Economic Development Corp. and sole manager Wells Fargo
In a groundbreaking announcement, Memeland, a prominent Web3-focused venture studio, has introduced MemeDay as a new tradition aimed at celebrating community unity within the Web3 space. This inaugural celebration, scheduled for June 9th, is set to blend the vibrant culture of memes with the principles of Web3 technology, creating a unique and festive experience for
President Vladimir Putin recently outlined his vision for Russia’s economic future at the St Petersburg International Economic Forum. He emphasized the need to reduce imports, increase the use of non-Western currencies in trade settlements, and expand the country’s domestic financial markets. Putin highlighted the significant growth in trade with Asia and the shift towards using
Investors looking for opportunities in the stock market may want to consider diving into the world of artificial intelligence (AI). According to experts at Morgan Stanley, buying stocks with a rising exposure to AI could lead to outperformance later this year. The AI revolution has been a driving force behind the current bull market rally,
In early European trade, the U.S. dollar remained relatively stable, hovering around the same levels as the previous day. This was despite the anticipation of key U.S. employment data being released later in the day. The Dollar Index, which tracks the dollar against a basket of other currencies, showed no significant movement at 104.060. This
The fate of exchange-traded funds (ETFs) linked to the cryptocurrency ether lies in the hands of how quickly issuers respond to the U.S. Securities and Exchange Commission’s (SEC) inquiries, according to Chair Gary Gensler. While the SEC recently gave the green light to Nasdaq, CBOE, and NYSE to list spot ether ETFs, the trading commencement
The U.S. Department of Transportation has recently made changes to its Transportation Infrastructure Finance and Innovation Act program, specifically focusing on clarifying interest rates for its longest-term loans. This amendment is a part of the 2021 Infrastructure Investment and Jobs Act, which introduced several key provisions to enhance the program. One notable change is the
The municipal bond market experienced a firming trend on Thursday, marked by a slowdown in the primary market and a return of muni mutual fund inflows. This positive momentum was reflected in triple-A yields, which registered declines ranging from three to eight basis points across different maturities. Both Refinitiv Municipal Market Data and ICE Data