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Stuck Between a Strong Labor Market and an Inverted Yield Curve

Edward Kim | Equities.com |

How aggressive will the Fed get with interest rates in the near term?


How Aggressive Will the Fed Get in 2022?

Edward Kim | Equities.com |

Overnight futures are modestly lower after an up week for stocks.


Supreme Court Justice Thomas's Wife Virginia Urged Overturning 2020 Election

Equities Staff | Equities.com |

Virginia Thomas and Mark Meadows traded 29 texts about overturning the election.


Russell 2000 Enters Bear Market Territory for First Time in Nearly Two Years

Equities Staff | Equities.com |

Small caps tumbled Thursday to their lowest level in over a year, with the Russell 2000 Index falling 2.3% to close at 1,931.29.


Joan Didion, Revered Essayist and Novelist, Dies at 87

AP News | Equities.com |

Joan Didion, the revered author and essayist whose precise social and personal commentary in such classics as “The White Album” and “The Year of Magical Thinking” made her a uniquely clear-eyed critic of turbulent times, has died. She was 87.

Didion’s publisher Penguin Random House announced the author’s death on Thursday. She died from complications from Parkinson’s disease, the company said.


Pfizer and Moderna Boosters Provide 'Significant Increase' in Protection From Omicron Variant: Study

Reuters | Equities.com |

Getting a third dose of either Pfizer-BioNTech's (PFE) or Moderna's (MRNA) COVID-19 vaccine offers a "significant increase" in protection against the Omicron variant in elderly people, according to a Danish study published on Wednesday.

The study, which is not yet peer-reviewed, investigated the effectiveness of COVID-19 vaccines that use so-called mRNA technology against the Delta variant and the new, more infectious Omicron variant.


US Companies Must Prove Imports From China's Xinjiang Region Are Made Without Forced Labor

AP News | Equities.com |

President Joe Biden signed a bill into law Thursday to block imports from China’s Xinjiang region unless businesses can prove the items were made without forced labor, the latest in a series of intensifying U.S. penalties against the Asian power for alleged abuses.

The measure had to overcome some initial hesitation from the White House, as well as corporate opposition, to win final passage last week in the Senate, following earlier House passage. Biden also signed a separate bill Thursday funding research into a cure for Lou Gehrig’s disease.


At Least 64 Lives Lost in Kentucky, More Than 100 Still Missing, After Tornado Disaster

Reuters | Equities.com |

At least 64 people, including six children, lost their lives in Kentucky after a raft of tornadoes tore through six states, with power still out for thousands and strangers welcoming survivors who lost everything into their homes.

While the toll from the deadly twisters was lower than initially feared, Kentucky Governor Andy Beshear said he expects it to increase as searchers continue to sift through a flattened landscape of twisted metal, downed trees and homes reduced to rubble.


Omicron Variant Reached Europe Earlier Than Previously Thought

AP News | Equities.com |

Economic powerhouses Japan and France reported their first cases of the omicron variant Tuesday, while new findings indicate the mutant coronavirus was already in Europe close to a week before South Africa sounded the alarm.

The Netherlands’ RIVM health institute disclosed that patient samples dating from Nov. 19 and 23 were found to contain the variant. It was last Wednesday, Nov. 24, that South African authorities reported the existence of the highly mutated virus to the World Health Organization.


Former Trump Chief of Staff Mark Meadows To Cooperate With House Panel Investigating Jan. 6 Insurrection

AP News | Equities.com |

Mark Meadows, Donald Trump’s former chief of staff, is cooperating with a House panel investigating the Jan. 6 Capitol insurrection, putting off for now the panel’s threat to hold him in contempt, the committee’s chairman said Tuesday.

The panel “will continue to assess his degree of compliance,” Mississippi Rep. Bennie Thompson said in a statement. He said Meadows has produced records and will soon appear for an initial deposition.


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