A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024.Adam Glanzman | Bloomberg | Getty ImagesThe Food and Drug Administration has refused to start a review of Moderna's application for its experimental flu shot, the company announced Tuesday, in another...
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Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’
Strategy CEO Michael Saylor brushed off concerns about the company's credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. "If bitcoin falls 90% for the next four years, we'll refinance the debt," the executive said Tuesday...
Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches
Gabriel Bouys | AFP | Getty ImagesThe Vatican Bank Tuesday launched two equity indexes tracking stocks that align with Catholic values. Its first foray into thematic investment products sets the bank up to potentially roll out other financial products, including ETFs in the future. The bank, which reports to the Committee...
The delayed January jobs report will be released Wednesday. Here’s what to expect
A 'now hiring' sign is displayed in a business's window in Manhattan on Jan. 9, 2026, in New York City.Spencer Platt | Getty ImagesThe jobs report Wednesday will give markets a lot to consider, as investors parse through fresh data and a batch of revisions. Economists expect that January's nonfarm...
Elon Musk wants to be a trillionaire — here’s how SpaceX may get him there
Elon Musk's journey to becoming the world's first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO's wealth.Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845...