The International Monetary Fund further downgraded expectations for the global economy in 2020 and 2021, projecting negative growth for all regions of the world for the first time in the history of its forecasts. The IMF on Wednesday released an update of its World Economic Outlook, in which it projected the global economy contracting by […]
The intense demand for a coronavirus vaccine has all types of players in the treatment race. Novavax (NVAX) is the latest biotech company to announce that it is entering its vaccine in clinical trials. It’s recombinant technology, already tested in a late-stage flu...
Federal Reserve Bank of Dallas President Robert Kaplan told Yahoo Finance on Wednesday that plummeting oil prices will have to result in some bankruptcies and restructurings. But he clarified that the Fed will not step in to save insolvent companies that had...
The coronavirus pandemic means health care companies are as busy as they’ve ever been — one reason why Cigna (CI) is expecting a strong year despite a decline in non-coronavirus related medical procedures, its CEO told Yahoo Finance in an interview. The COVID-19...
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