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Business

Moderna climbs 5% as Fauci calls its early COVID-19 vaccine data quite promising (MRNA)

https://markets.businessinsider.com/news/stocks/moderna-stock-price-gains-after-positive-dr-fauci-vaccine-comments-2020-5-1029227174

The Bank of England admitted for the first time its considering negative interest rates, but analysts dont believe it will follow through

https://markets.businessinsider.com/news/stocks/negative-interest-rates-possible-bank-of-england-says-020-5-1029222740

Global stocks slip after Trump accuses China of a disinformation and propaganda attack

https://markets.businessinsider.com/news/stocks/global-stocks-slip-trump-accuses-china-disinformation-propaganda-attack-2020-5-1029222943

The coronavirus pandemic could cost the global economy a nightmarish $82 trillion over 5 years, a Cambridge study warns

https://markets.businessinsider.com/news/stocks/coronavirus-pandemic-cost-global-economy-82-trillion-cambridge-study-2020-5-1029218887
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Modernas vaccine results added more than $5 billion to the big 4 airlines market values

https://markets.businessinsider.com/news/stocks/moderna-vaccine-news-5-billion-big-4-airlines-market-caps-2020-5-1029214063

Dow spikes 912 points as vaccine progress spurs economic-reopening optimism

https://markets.businessinsider.com/news/stocks/stock-market-news-today-moderna-coronavirus-vaccine-economic-reopening-optimism-2020-5-1029212428

Fed’s Powell says an economic recovery could take until the end of 2021 — but doesn’t see a full-blown depression taking hold

https://markets.businessinsider.com/news/stocks/federal-reserve-jerome-powell-economic-outlook-recovery-coronavirus-avoid-depression-2020-5-1029211161

Global stocks rise despite Feds Powell warning that the coronavirus downturn could last until late 2021

https://markets.businessinsider.com/news/stocks/global-stocks-rise-fed-powell-warns-slow-coronavirus-economic-recovery-2020-5-1029210289
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There are fears the US faces a coronavirus-driven meat shortage, but analysts say theres actually plenty to go around: We have the meat

https://markets.businessinsider.com/news/stocks/meat-shortage-us-impact-beef-pork-cattle-herd-2020-5-1029208748

The Mormon Churchs secretive $100 billion fund slashed its Exxon, Marriott, and Wells Fargo stakes last quarter

https://markets.businessinsider.com/news/stocks/mormon-church-100-billion-fund-cut-exxon-marriott-wells-fargo-2020-5-1029208392

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