COVID

Bitcoin’s (CRYPTO: BTC) correlation with equities has been significantly declining as the world moves further from the peak of the COVID-19 pandemic, according to a new report. The analysis by NYDIG, a Bitcoin services company, makes a case for Bitcoin's value in portfolio construction...

Key Takeaways: News of marketing approval for China’s first mRNA vaccine falls flat with investors, who worry the drug is being rushed to market before Phase 3 trials are complete As the pandemic abates, the market for the vaccine is shrinking rapidly By Ellie Si Timing is everything, so...

The last-mile mobile health services provider DocGo Inc (NASDAQ: DCGO) announced fourth-quarter revenue of $108.8 million Monday, representing a 10% year-over-year decline, which beats the consensus estimate of $103.82 million. DocGo's Q4 Report: The revenue...

Silicon Valley Bank, a unit of SVB Financial Group (NASDAQ: SIVB), was shut down on Friday by the California Department of Financial Protection and Innovation because of "inadequate liquidity and insolvency." The Federal Deposit Insurance Corporation was named as the receiver...

Key Takeaways: Jiumaojiu’s net profit tumbled 86.2% in 2022, while its revenue dropped by 4.2%, mainly due to impact from the pandemic The restaurant operator’s business could bounce back with a resumption of dining out in 2022, but challenges remain, including intense competition...

China's National Health Commission (NHC) has reported that nearly 60,000 people have died of Covid since the country abandoned its zero-Covid policy in early December.  A prominent government scientist now says that the possibility of a Covid-19 rebound in China over the next two...

China's National Health Commission (NHC) has reported that nearly 60,000 people have died of Covid since the country abandoned its zero-Covid policy in early December.  Health officials from the NHC said that cases have surged across the nation, according to Reuters.  Chinese...

China has officially reopened its borders to international tourists for the first time since it imposed COVID-19 restrictions in March 2020.  Reuters reports that Mainland China opened sea and land crossings with Hong Kong and ended a requirement for incoming travelers to quarantine. ...

China could see more than one million COVID-19 deaths in 2023, a report released by the U.S.-based Institute of Health Metrics and Evaluation (IHME) suggests.  According to the IHME, the COVID-19 virus would peak at the start of April 2023, and deaths in China will soar to 322,000, Reuters...

Researchers at JPMorgan Chase & Co (NYSE: JPM) say the U.S. cryptocurrency market displays signs of "herd-like behavior" because many investors bought digital currencies at their peak. The report, titled "The Dynamics and Demographics of U.S. Household Crypto-Asset Use,"...

On Sunday, protests spread across Shanghai and Beijing against China's strict 'zero COVID' policies. It's been almost three years since China has followed some of the strictest COVID restrictions in the world. After a deadly fire in northwestern Urumqi, people have been protesting...

Foreign investors have sold a record net 17.9 billion yuan ($2.5 billion) of mainland China shares through trading links with Hong Kong on Monday, with the year-to-date investment level turning into a small net outflow. If the trend continues through the end of the year, it would be the first...

Update: According to the latest information, the Pan American Health Organization (PAHO) has been informed by the Argentina Ministry of Health that legionella has been confirmed as the cause of a cluster of pneumonia cases. A total of 11 cases have been identified so far, including four deaths...

As COVID-19 continues to mutate and form new variants, the FDA is calling on the major vaccine manufacturers to create a new composition of the vaccine for adults. What Happened: The agency has called on Moderna, Inc. (NASDAQ: MRNA), Pfizer, Inc. (NYSE: PFE), and Novavax, Inc. (NASDAQ: NVAX)...

By Kathryn Petralia Kabbage from American Express has been tracking recovery trends and growth outlook of U.S. small businesses. Polling 563 small business leaders, our latest installment exhibits how small businesses are adapting to a shifting market as they look beyond pandemic-wrought...