First Republic Bank shares plunge 60%

Shares of First Republic Bank plunged nearly 60% in premarket trading on Monday, even after the regional lender announced measures to bolster its balance sheet. Shares of other regional banks and financial firms are also faltering, indicating lingering jitters despite an aggressive federal response announced Sunday night to protect Silicon Valley Bank and Signature Bank […]

The US agency’s assessment that supports the theory that the covid-19 leaked from a laboratory raises more questions than answers, and generates a backlash from China

The US Department of Energy’s assessment that covid-19 likely arose from a laboratory accident in China has reignited a fierce debate and refocused attention on the origin of the pandemic. But the determination that this is a “low confidence” assessment, made in a recently updated classified report, leaves open more questions than answers, as the […]

New York rats can have the coronavirus that causes covid-19, according to a study

The millions of Norway rats living with New Yorkers are among the animals that can contract the virus that causes covid-19, according to a new study. However, reports of the virus spreading from any type of animal to humans remain rare. Pets, such as cats, dogs, and hamsters; zoo animals, such as big cats, primates, […]

The US economy added 311,000 jobs in February

The US economy added 311,000 jobs in February, according to the Labor Department’s monthly employment snapshot released Friday. That’s a retracement from January’s successful jobs report, when a revised 504,000 jobs were added, but it shows the job market is still evolving. The unemployment rate rose to 3.6% from 3.4%. Economists expected a net gain […]

Subscribe Now

Never miss any important news. Subscribe to our newsletter.