US FDA advises to weigh on updating initial COVID vaccine doses

(Reuters) -The US Food and Drug Administration (FDA) said on Friday it planned to hold a meeting of outside experts next month to discuss whether initial doses of COVID-19 vaccines need to be updated to combat circulating variants.While updated booster doses From Pfizer and Moderna are already approved for adults as well as children as …

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‘Supply problem’ is keeping housing unaffordable, says expert

While many forecasts point to home prices declining next year amid slowing home sales, housing will remain unaffordable for many homebuyers, according to one expert. “We have a supply problem with housing,” Marc Norman, associate dean at the NYU Schack Institute of Reality Estate, told Yahoo Finance Live (video above). “We’ll see the price declines, …

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US puts 3 dozen more Chinese companies on trade blacklist

BANGKOK (AP) — The US Department of Commerce is adding 36 Chinese high-tech companies, including makers of aviation equipment, chemicals and computer chips, to an export controls blacklist, citing concerns over national security, US interests and human rights. The inclusion of the companies in the trade “Entity List” means that export licenses will likely be …

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Panama to shut down First Quantum’s giant copper mine

The miner said on Friday it was doing everything possible to support its operations in Panama, “including through all available legal means.” It also expressed disappointment at what it considers “unnecessary actions” by the government. According to Ibrahim Asvat, lawyer and part of Panama’s negotiating team, the mine closure is not immediate. “What the national …

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More from Fed’s Daly: I don’t know why markets are so optimistic on inflation

I don’t know why markets are so optimistic about inflationInflation risk are still to the upsideI don’t see a dramatic slowdown in labor market yetWe are resolute to get inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price Level of goods and services in an economy or …

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Nasdaq Bear Market: 5 Astounding Growth Stocks You’ll Regret Not Buying on the Dip

Professional and everyday investors have taken their lumps this year. Following a relatively calm 2021, each of the three major US stock indexes plummeted into a bear market at some point in 2022. The growth-focused Nasdaq Composite (^IXIC -0.97%) is the index that’s fared worst of all, with a peak decline of 38% from its …

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