Nick R. Hamilton, Author at Slay News

Bitcoin Outflows over $100 Million for January First Week, Crypto Market over $200M

During the first week of the year, cryptocurrencies suffered a total outflow of value equivalent to $207 million, according to a report by digital assets hedge fund CoinShares. The report indicates a persistent bearish outlook for January. This is the fourth straight week of outflows, now totaling $465 million and…

Novartis Seeks Emergency Use FDA Approval for New Covid Therapy

Swiss pharmaceutical corporation Novartis has announced that positive data from a clinical trial of COVID-19 therapeutic drug ensovibep has prompted the firm to seek emergency use approval from the United States Food and Drug Administration (FDA). The comapny wishes exercise an option to in-licence the antiviral from development partner Molecular…

European Central Bank Policymakers Surprised by Record High Inflation

Policymakers at the European Central Bank (ECB) say they are surprised by Europe's inflation rate soaring to a record high last month. Eurozone inflation hit a new record high of 5 percent in December 2021. The spike raises more questions about the competency of the ECB monetary policy, which claimed…

Moderna CEO Claims 4th COVID-19 Shot Will Be Needed by Fall

Moderna’s Chief Executive Officer Stephane Bancel has claimed that people may need a fourth COVID-19 shot by the fall of 2022. Bancel warned that people will need to get a second "booster" as the efficacy of third shot will likely decline in the next few months. “I still believe we’re…

Pfizer: COVID-19 Vaccine Data for Children Under 5 to Be Updated by April

Pharmaceutical giant Pfizer has amended its COVID-19 vaccine trial for younger children, announcing that results can be expect in just a few weeks, a researcher revealed Wednesday. Dr. Alejandra Gurtman said that the study has been adjusted from two doses to three doses in light of the growing body of…

Marjorie Taylor Greene Says Facebook Censoring Her after Twitter Suspension

Rep. Marjorie Taylor Greene (R-GA) has accused social media giant Facebook of censoring her personal account, just days after she was permanently banned by Twitter. According to screenshots of Facebook’s messages to her, it appears that platform suspended Greene from posting or commenting for 24 hours. “Facebook has joined Twitter…

Twitter Permanently Suspends Marjorie Taylor Greene’s Account

Twitter has suspended the personal account of Rep. Marjorie Taylor Greene (R-GA) after claimings she was posting "medical misinformation" relating to the COVID-19 pandemic. “We permanently suspended Marjorie Taylor Greene for repeated violations of our COVID-19 misinformation policy,” a Twitter spokesperson said in a Sunday statement to news outlets. The…

IKEA Raises Prices by 9% Across Global Markets as Supply Chain Issues Persist

Swedish home furniture giant IKEA has announced that it is raising prices by an average of 9 percent across its global markets. The company insists it has been forced into the price hike after being hit with supply chain issues that are currently wreaking havoc across the world, prompting businesses…

Elon Musk Dumps Another $1 Billion in Tesla Shares, Exercises Options to Buy Stock

Elon Musk has just sold about $1.02 billion worth of his holdings in Tesla, according to reports. The latest sell-off edges the tech entrepreneur closer to his sales target of 10 percent that he had promised Twitter followers last month. Meanwhile, Musk has bought millions of shares via options at…

Larry Summers Warns of Recession, Slams Student Loan Debt Relief

President Obama's former U.S. Treasury Secretary Larry Summers has warned that America is fast heading toward recession under Joe Biden. Summers issued the warning while blasting the Democrats' push for student loan debt relief. He described the debt forgiveness as a "regressive" policy that mostly benefits high-income households. In a…