Shares of Moderna Inc (NASDAQ: MRNA) are up nearly 25% on Tuesday after the biotech firm said its experimental vaccine for melanoma showed promising results in a small study. What’s next for its mRNA vaccine? When given in combination with Merck &
With the FOMC meeting just 2 days away, the Bureau of Labour Statistics released its much-awaited, final CPI print of the year. Overall inflation had eased to 7.1% YoY, from 7.7% in the previous month, coming in below economists’ polls of
S&P 500 opened more than 2.0% up this morning after the U.S. Bureau of Labour Statistics said consumer prices weren’t up as much as expected in November. Cramer reacts to the CPI print Versus a year ago, consumer prices were up 7.1%
The most-awaited US November inflation report was just released a couple of hours ago. It showed that inflation, while elevated, is falling. Financial markets have waited for the report to prepare for what the Federal Reserve will say and do tomorrow
Investors are smiling as the US inflation print for November came in at 7.1% this afternoon. This beats even the most optimistic of analysts, with 7.3% the consensus forecast ahead of the announcement. It is the lowest level since December 2021.