loom
Most factors point to the upside for a break above 1.34, yet risks loom large
GBP/USD has been resuming its gains amid upbeat news from the vaccine front and US politics. Monday’s upside move failed to break the 1.34 level, but sterling has another chance, FXStreet’s Analyst Yohay Elam reports. Key quotes “AstraZeneca and the University of Oxford published promising results from their Phase 3 coronavirus vaccine trial. While the …
As Brexit Deadlines Loom, the Posturing and Bickering Flare Again
LONDON — Bellicose threats to walk away from the bargaining table. Defiant assertions of British sovereignty and promises not to become a “client state” of Europe. Ominous talk of a hard border rising again across Ireland. Seven months after Britain exited the European Union, its negotiations with the bloc over a permanent trade agreement have …
Pentagon Pumps $3B Into Industry As COVID-19 Delays Loom « Breaking Defense
Army soldiers conduct COVID-19 coronavirus testing PENTAGON: The Pentagon’s acquisition chief today said she expects major defense programs to be delayed by around three months due to COVID-19 closures and disruptions, while DoD rushes to pump $3 billion into the defense industry to bolster programs at greatest risk. Speaking to reporters here this morning, Lord …
Netflix scores big with ‘Breaking Bad’ but streaming wars loom large
Last week, Netflix (NFLX) scored two big wins — one financial, the other content-related — just as the streaming wars enter their most competitive phase to date. ‘El Camino: A Breaking Bad Movie’ debuted with 6.5 million viewers in its opening weekend after dropping on the streaming platform the previous week, according to Deadline, citing Nielsen data. …
Pennsylvania touts stronger fiscal health but clouds loom
HARRISBURG, Pa. (AP) — Gov. Tom Wolf and state Treasurer Joe Torsella celebrated Tuesday with what they said will be Pennsylvania’s largest deposit into its budgetary reserve account in nearly two decades. The expected $317 million comes after strong corporate and sales tax collections drove the state past its revenue expectations by almost 3%. It …
