US opinion on the economy deteriorated in May due to concerns about job prospects, but remained relatively strong despite high inflation. Consumer confidence fell slightly after a modest increase in April, falling to 106.4 from 108.6, according to The Conference Board’s monthly survey, amid the fastest increase in US consumer prices in more than four … Read more
Americans’ outlook for the world’s biggest economic system progressed barely in April, in spite of ongoing concerns about inflation and the conflict in Ukraine, a survey launched Tuesday said. But with inflation at a 40-years high and drivers seeing soaring charges at the fuel pump, feelings about the existing situation worsened really, according to The Conference Board’s … Read more
THE HAGUE: Europe’s drug watchdog launched an accelerated review Thursday of a Covid-19 vaccine by Franco-Austrian biotech firm Valneva, for which the EU has already signed a deal for up to 60 million doses. The jab — which uses “inactivated” viruses rather than the new mRNA technology of the Pfizer or Moderna shots — showed … Read more
