Trump downplays GSA move to ascertain Biden as ‘apparent winner’

Trump tells GSA to begin transition, promises to keep up legal fight Republican National Committee Chair Ronna McDaniel joins ‘Hannity’ to share her reaction President Trump took to Twitter late Monday to respond to those who see the General Services Administration’s decision to make federal resources available to Joe Biden’s transition team as a sign that his legal challenge is losing steam. […]

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US stocks waver as stimulus friction and rising virus cases overshadow vaccine hopes

Reuters / Lucas Jackson US stocks fluctuated on Friday as soaring COVID-19 cases and disagreement on new stimulus offset positive developments for vaccine distribution. Pfizer and BioNTech both gained ahead of plans to apply for emergency-use authorization for their experimental coronavirus vaccine. The FDA’s vetting process is set to take a few weeks, teeing the shot up for an early […]

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Stock futures mixed as jobless claims fall, Disney earnings on tap

Fox Business Flash top headlines for November 11 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Stocks were mixed early Thursday as traders digested better-than-expected initial jobless claims and prepare for additional earnings from some of the biggest companies in the S&P 500. Continue Reading Below Dow futures were lower by 250 points, a decline […]

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US stocks waver as virus resurgence catches up with vaccine optimism

Lewis Krauskopf/Reuters US stocks stalled on Thursday as investors weighed vaccine hopes and market momentum against continually soaring COVID-19 cases and new economic restrictions. At least 142,755 new coronavirus cases were reported in the US on Wednesday, according to The New York Times, marking the second straight day of record increases. Some cities have implemented new restrictions to curb the […]

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Dow climbs 370 points as likelihood of divided government extends healthcare and tech rallies

Lucas Jackson/Reuters US stocks rallied further on Thursday as investors turned increasingly bullish toward the prospect of a divided government. Healthcare and tech stocks drove indexes higher. A split government would be unlikely to further regulate and tax the industries as Democrats had hoped. New US weekly jobless claims came in at 751,000 for the week that ended on Saturday. […]

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Biogen shares soar as FDA reviewers support Alzheimer’s drug

Save articles for later Add articles to your saved list and come back to them any time. Biogen's experimental Alzheimer's disease therapy appears effective despite conflicting clinical-trial results, according to a report by staff of the US Food and Drug Administration, a positive sign that a drug the company once wrote off could gain approval. The treatment, called aducanumab, has […]

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