Novavax says its Covid vaccine is 90% effective, plans to submit data to FDA in third quarter

With an abundance of vaccines already available in the United States, it’s possible that the government would donate the Novavax doses to other countries.

S&P 500 hovers near a record with Fed meeting looming, tech shares gain

The Fed’s two-day policy meeting will likely dominate investor behavior this week.

Bank of America CEO Brian Moynihan says consumer spending is 20% higher this year than 2019

Nearly all spending categories have recovered with the exception of travel, according to the Bank of America CEO.

Electric truck maker Lordstown Motors shares slide after CEO and CFO resign

Electric vehicles maker Lordstown Motors Corp said on Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned.

Airport screenings top 2 million a day for first time in pandemic

U.S. airport screenings topped 2 million people a day for the first time in the pandemic,

Bitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto

Elon Musk said Sunday that Tesla will resume bitcoin transactions once the firm confirms there is “reasonable” clean energy usage by miners.

Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia’s acquisition

Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s sale to Nvidia is blocked by regulators,...

Forget Going Back to the Office—People Are Just Quitting Instead

How to Quit Your Job Gracefully

The 60/40 rule of investing is dead, experts say — it’s time to get more creative

Stocks making the biggest moves premarket: Novavax, Lordstown Motors, Phillips, Chipotle and others

Names on the move ahead of the open.

The basic inequity in the tax system is hard to swallow

The challenge in fixing it is avoiding oscillation between economically destructive extremes. Read More

Crypto and crude take off as the markets await this week’s crucial Fed meeting

U.S. futures are in the green, following Europe higher. Read More

G-7 wants to rival China’s Belt and Road plan — but it won’t stop Beijing, expert says

The G-7 infrastructure plan is part of a broad collective push back against China on issues ranging from human rights abuses to non-market practices.

‘The selfie summit’: Why some economists and activists are disappointed with the G-7

The leaders of the G-7 issued a joint statement on Sunday promising to enact measures on Covid-19 vaccines, China and global corporate tax.