Potential homebuyers may be hitting the limit of what they can afford. Pending home sales fell 2.2% in September compared with August.
(RTTNews) - OncoSec Medical Incorporated (ONCS) announced the FDA has approved the Investigational New Drug application for a first-in-human phase 1 trial for CORVax12, a DNA-encodable vaccine against SARS-CoV-2. The company is developing the DNA-encodable vaccine with Providence Cancer Institute, a part of Providence St. Joseph Health.
Pinterest led by Chairman, Co-Founder, President and CEO Ben Silbermann and Co-Founder, Chief Design and Creative Officer, Evan Sharp ring the opening bell celebrating the IPO of Pinterest at the New York Stock Exchange in New York, April 18, 2019. Brendan McDermid | Reuters Shares of Pinterest surged more than 38% Thursday, as investors rallied around the company's blowout third quarter earnings that indicated advertising demand revved up after a difficult period due to the Covid-19 pandemic. Shares in tech companies Facebook, Google-parent Alphabet, Amazon and Twitter were also up, helping recover some of Wednesday's losses. Pinterest's boost from a rebound in advertising likely signals positive things for its tech peers that also have major advertising businesses. Alphabet, Facebook, Twitter and Amazon, which has a growing advertising business, are all scheduled to report earnings Thursday afternoon. Analysts went into Pinterest's earnings with high expectations, especially after Snap's third-quarter earnings showed "continued resilience" from direct-response advertising, which is used by marketers to elicit an immediate response like clicking a link. The industry is also seeing the beginnings of a recovery in brand advertising, which was harder-hit during the
Konica Minolta Becomes a Co-Presenter of the Inaugural Women’s Professional Golf Tournament in Tampa...
Ramsey, NJ, Oct. 29, 2020 (GLOBE NEWSWIRE) --
The US economy staged a record-setting rebound from the coronavirus crisis in the third quarter, the feds said Thursday — but there’s still a long way to go before the nation makes a full recovery. America’s gross domestic product — the value of all goods and services produced here — grew by roughly 7.4 percent from July to September as consumers and businesses emerged from the pandemic-related lockdowns that led to a 9 percent contraction in the second quarter. That growth equates to an annual rate of 33.1 percent, by far the largest since modern record-keeping began in 1947 and nearly twice the previous record surge of 16.7 percent in the first quarter of 1950, the US Commerce Department data show. Economists were expecting an annualized 31.9 percent jump after the second quarter’s 31.4 percent plunge. But the recovery is not complete — last quarter’s GDP of $21.1 trillion was still about 2.7 percent below the $21.7 trillion recorded in the fourth quarter of last year, before COVID-19 sparked the worst economic downturn since the Great Depression. “A record surge in third-quarter GDP will likely mark the beginning of the recovery, after a recession which abruptly started in the fourth