President Biden is going all-in on solar. Yesterday, the Biden administration released its blueprint mapping out how the U.S. could produce 45% of its electricity using solar power by 2050. The plan indicates that the U.S. would have to double the amount of solar energy produced each...
Investors were cautious this morning after yesterday’s losses. The major benchmarks started today’s session red. Fear of rising infection rates and policy debates in Washington continue to weigh heavily on equities. Several firms, including Morgan Stanley, Credit Suisse, and Citigroup, have cautioned investors that the bull case...
Stocks were little changed to kick off the holiday-shortened week. A rash of downgrades came last week and over the weekend amid rising fears around the impact that the resurgence of the pandemic will have on the economic recovery. Investors seemed cautious to start the day.
Stocks gave up early gains this morning after the Labor Department reported disappointing job creation numbers for August. Just 235,000 non-farm payrolls were added last month, much less than the 720,000 economists had expected.
Fed officials are watching employment data closely as it will...
Stocks were looking up this morning after the release of better-than-expected jobless data. Last week’s unemployment claims totaled 340,000 versus the Dow Jones expectation of 345,000. The news boosted the three benchmarks higher in early trading.
Biopharma is a great place to look for...