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The Week That Was In COVID: Russia Approves 1st COVID-19 Drug, INO Sues Vaccine Supplier...

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US Labs Required To Give More Data Along With Coronavirus Test Results

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909 COVID Deaths Reported In US In Last 24 Hours

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Apple Offers Covid-19 Testing For Employees Returning To Offices

Apple Inc. is taking necessary precautions including Covid-19 testing for those employees returning to work at its headquarters in Silicon Valley, Bloomberg reported citing people familiar with the process. The company, which opened its main Apple...

Elon Musk Calls For Breakup Of Amazon
FDA OKs Merck's Recarbrio For Hospital And Ventilator Associated Bacterial Pneumonia
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U.S. Government Data Shows Unbelievable Rebound In Employment In May

A closely watched report released by the Labor Department on Friday claimed employment in the U.S. unexpectedly showed a substantial rebound in the month of May. The Labor Department said non-farm payroll employment jumped by 2.51 million jobs in May...

European Economics Preview: Germany Factory Orders Data Due
Japan Household Spending Sinks 11.1% On Year In April
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Trump Presses New York Governor, NYC Mayor To Quell Violence

President Donald Trump pressed New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio to seek additional deployments of federal troops to quell violence amid protests over the death of George Floyd in police custody. Although the protesters...

Democratic Leaders Condemn Use Of Tear Gas Against Protesters Ahead Of Trump's Visit
Trump Vows To Deploy Military To Curb Unrest
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U.S. Stocks Rally, Nasdaq Hits Record High On Unbelievably Strong Jobs Data

Stocks moved sharply higher during trading on Friday following the release of a Labor Department report showing an unexpected jump in employment in the month of May. With the rally on the day, the tech-heavy Nasdaq reached a new record intraday high.

European Stocks Close On Buoyant Note On ECB Bond-buying Program, U.S. Jobs Data
Asian Shares Advance Ahead Of U.S. Jobs Data
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A Message From RTTNews On 'Blackout Tuesday'

Standing with much of the music industry, RTTNews Music is participating in "Blackout Tuesday" in an effort to show our support for black musicians and the black community at large.

COVID-19: Drugs in Development
The Week That Was In COVID: Russia Approves 1st COVID-19 Drug, INO Sues Vaccine Supplier...
U.S. Stocks Rally, Nasdaq Hits Record High On Unbelievably Strong Jobs Data
Nasdaq Poised To End Session At New Record Closing High
Bitcoin To Soar As High As $28,000 This Year: Bloomberg
US Labs Required To Give More Data Along With Coronavirus Test Results
U.S. Stocks Soar On Much Better Than Expected Jobs Data
Salmon Exporter Kvarøy Arctic Joins Blockchain-based IBM Food Trust Network
Apple Offers Covid-19 Testing For Employees Returning To Offices
US Court Blocks Bayer's Dicamba Weed Killer
U.S. Government Data Shows Unbelievable Rebound In Employment In May
Top Stories

Apple CEO Condemns Killing Of George Floyd; Says Racial Injustice Exists In U.S.

Apple chief executive officer Tim Cook condemned the killing of an unarmed black man, George Floyd, and called for the creation of a "better, more just world for everyone," according to reports citing a memo to employees.

Asian Markets In Positive Territory

asianmarkets2 dec19 31may20 Asian stock markets, led by Hong Kong, are notably higher on Monday following the mostly positive cues from Wall Street Friday on relief that U.S. President Donald Trump did not announce new tariffs or a withdrawal from the phase one trade agreement with China. In addition, official data released over the weekend showed that China's factory activity expanded in May.

European Economics Preview: Eurozone Final Factory PMI Data Due

preview aug27 01jun20 Final Purchasing Managers' survey results from euro area and the UK are due on Monday, headlining a light day for the European economic news. At 3.00 am ET, PMI survey results are due from Poland, Turkey and Hungary. At 3.15 am ET, IHS Markit is scheduled to issue Spain's manufacturing PMI data. The indicator is seen at 38.0 in May versus 30.8 in April.

European Shares Seen Up As US-China Trade Tensions Ease

stockmarkets aug17 01jun20 European stocks look set to open a tad higher on Monday after data showed the Chinese economy moved from contraction into expansion in May. The official manufacturing PMI dropped to 50.6 in May from 50.8 in April, while the Caixin/Markit manufacturing...
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White House

Trump Vows To Deploy Military To Curb Unrest

georgefloyd jun02 As police officers are targeted by rioters and looting takes place in several places amid widespread protests across the U.S. over the death of George Floyd in police custody, President Donald Trump vowed to use federal troops to end the unrest. In an address to the nation on Monday evening, Trump said he strongly recommends that state governors deploy the National Guard to dominate the streets.
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Congress
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Economy
ukhouse nov01 05jun20UK house prices fell for a third successive month in May, though activity started picking up slightly, after the lockdown restrictions imposed to slow the spread of the coronavirus, or Covid-19, were partly eased.

European Economics Preview: Germany Factory Orders Data Due

ECB Slashes Eurozone Growth Forecasts, Sees 8.7% Contraction This Year

U.S. Labor Productivity Decreases Much Less Than Initially Estimated In Q1

U.S. Trade Deficit Widens More Than Expected To $49.4 Billion In April

U.S. Weekly Jobless Claims Drop Less Than Expected To 1.877 Million

ECB Boosts Emergency Asset Purchases Amid Economic Slump Due To Covid-19

European Economics Preview: Eurozone Interest Rate Announcement Due

U.S. Factory Orders Show Another Steep Drop In April

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Health

US Labs Required To Give More Data Along With Coronavirus Test Results

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The U.S. Department of Health and Human Services (HHS) directed laboratories testing patients for coronavirus to also report data based on their age, sex, race and ethnicity along with test results. The new requirements were released on Thursday in response to lawmakers' demands for a better picture of the pandemic. Also, the government wants to know why the deadly respiratory disease is having
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Markets
Canadian shares turned in a stellar performance on Friday to end the week on an upbeat note after data showed a surprise improvement in jobs growth in the month of May.
Business
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Tesla Chief Executive Officer Elon Musk has called for a breakup of Amazon after the online retail giant refused to publish an upcoming book about COVID-19. Writer Alex Berenson said on Twitter that Amazon refused to publish his booklet about the coronavirus as it did not comply with the company's guidelines. Berenson is a former New York Times reporter.
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Stock Alerts NEW

Stock Alert: Guess' Up 7%

Stock Alert: Azul Rises 13%

Stock Alert: American Airlines Climbing 25% As Co. Is To Restore More Flights

Stock Alert: JD.com Hits New High

Stock Alert: Cinedigm Surges

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Latest Updates on COVID-19
Slideshow iconCountries that tamed coronavirus
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COVID-19: Drugs in Development
Cryptocurrency

Bitcoin To Soar As High As $28,000 This Year: Bloomberg

Bitcoin price could more than double this year to breach its record, and increase as high as $28,000, according to Bloomberg. Its June Crypto Outlook report cites a slew of factors such as quantitative easing, the coronavirus pandemic, the falling stock market and crude oil as the reason for the meteoric rise. The report says "something has to really go wrong for bitcoin not to appreciate in val Read More
FDA Monitor

Biotech Stocks Facing FDA Decision In June 2020

The FDA has been focusing mainly on COVID-19-related review since March. But that said, the regulatory decision on drugs proposed for rare tumors and life-threatening diseases has not been deferred. Now, let's take a look at the biotech stocks awaiting a regulatory decision in the month of June. Read More
Biotechnology

FDA OKs Merck's Recarbrio For Hospital And Ventilator Associated Bacterial Pneumonia

The U.S. Food and Drug Administration approved Merck & Co. Inc.'s combination antibiotic Recarbrio for the expanded indication in the treatment of adults with hospital-acquired and ventilator-associated bacterial pneumonia (HABP/VABP). The drug had received initial approval in the U.S. in July 2019 to treat patients with complicated urinary tract infections and complicated intra-abdominal infecti Read More
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Economic Calendar
DateIndicatorPeriodCountry
06/05/20 15:0Consumer CreditAPR United States
06/05/20 13:0Baker Hughes - Rig CountJUN 5 United States
06/05/20 10:0Ivey Purchasing Managers IndexMAY Canada
06/05/20 8:30Net Change in EmploymentMAY Canada
06/05/20 8:30Unemployment RateMAY Canada
06/05/20 8:30Avg Weekly HoursMAY United States
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FDA Calendar
Event DateSymbolDrug NameEvent Name
09/03/20BMYCC-486 (NDA)FDA decision on CC-486 for maintenance treatment of adult patients in remission with Acute Myeloid Leukemia
08/30/20MOR, MPSYY.PKTafasitamab (BLA) FDA decision on Tafasitamab for the treatment of relapsed or refractory diffuse large B cell lymphoma.
08/30/20INCYTafasitamab (BLA)FDA decision on Tafasitamab for the treatment of relapsed or refractory diffuse large B cell lymphoma
08/30/20MOR, MPSYY.PKTafasitamab (BLA)FDA decision on Tafasitamab for the treatment of relapsed or refractory diffuse large B cell lymphoma
08/30/20XNCRTafasitamab (BLA)FDA decision on Tafasitamab for the treatment of relapsed or refractory diffuse large B cell lymphoma
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