Novavax posts first profitable quarter as Covid vaccine rolls out around the world
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
Total mortgage application volume rose 2.5% for the week ended April 29 compared with the previous week, according to the MBA's seasonally adjusted index.
Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones estimate.
Wednesday's rate hike will push the federal funds rate to a range of 0.75%-1%.
The changes would tailor the Community Reinvestment Act's approach to making sure banks are not engaging in "redlining."
Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared.
The level of workers who retired then came back a year later is running around 3.2%, just about where it was before the pandemic.
Nonfarm payrolls grew by 428,000 for the month, a bit above the Dow Jones estimate of 400,000. The unemployment rate was 3.6%.
Hiring in the manufacturing, transportation and health-care sectors helped the U.S. economy add more than 400,000 jobs in April.