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This is a very unique and extreme combination of exceptions that the US government made for Pfizer, that they didn’t make for Moderna or any other COVID-19 ‘vaccine’ manufacturer or subcontractor ... The NIH and Moderna own dozens of COVID-19 mRNA nanotechnology patents and were expecting BIG payouts from global COVID-19 ‘vaccine’ sales, especially from Pfizer. Per Pfizer’s December 12, 2022, mRNA Portfolio presentation by Navin Katyal, Pfizer has captured 63% of the global mRNA vaccine market. ... If one company received the royalty payouts on the global sales of Pfizer’s COVID-19 mRNA ‘vaccine’ alone, that company would likely be...

It's no secret that the conditions were ripe for a steep drop in PC demand this holiday, but now it's clear just how bad that plunge really was. Gartner and IDC estimate PC shipments fell by more than 28 percent year-over-year in the fourth quarter of 2022. That's the steepest quarterly decline Gartner has ever recorded — no mean feat when it began tracking the computer market in the 1990s. Both analyst groups also saw yearly shipments fall by more than 16 percent in 2022 compared to the year earlier. Some manufacturers suffered more of a blow than others. The...

The number of homes under contract fell again last month as high mortgage rates and home prices weakened buyer demand. Pending home sales, a forward-looking market indicator, declined for the fifth consecutive month in October, falling by 4.6 percent, according to the National Association of Realtors’ (NAR) Pending Home Sales Index. The number of pending transactions decreased year-over-year by 37 percent. “October was a difficult month for home buyers as they faced 20-year-high mortgage rates,” NAR Chief Economist Lawrence Yun said in a statement. “The West region, in particular, suffered from the combination of high interest rates and expensive home...

The Biden administration on Monday notified Congress it has approved a possible $323 million arms sale to Finland as the country seeks to join NATO. The administration approved the potential sale of 40 tactical missiles and 48 Joint Standoff Weapons, made by Raytheon, in addition to accompanying equipment, training and support, the State Department said in a release. Finland, which shares a border with Russia, is in the process of joining NATO along with Sweden. Both countries sought to enter the alliance earlier this year. This State Department said the proposed sale “will support the foreign policy and national security...

New home sales jumped last month despite consistently high mortgage rates that experts say have hampered affordability and pushed potential buyers out of the market. Sales of new single-family homes rose by 7.5 percent in October at a seasonally adjusted annual rate of 632,000, according to Census Bureau data released on Wednesday. But the new sales fell behind the October 2021 estimate by 5.8 percent. The median sales price of new single-family homes sold in October was $493,000, while the average sales price was $544,000. New sales numbers follow separate data released last week that shows existing home sales declining...

An October surge in retail sales is raising doubts about how close the U.S. economy actually is to a recession. Americans spent far more money on consumer goods and services in October than economists had expected, according to Census Bureau data released Wednesday. While high interest rates and stubborn inflation have taken a chunk out of retailers’ profits, it’s done little to keep down sales as a whole. U.S. retailers made $694.5 billion in sales last month, according to the Census Bureau, an increase of 1.3 percent from September. Sales beat expectations of a smaller 1 percent increase, according to...

Corning stock fell more than 4% on Tuesday after the company reported a weaker-than-expected outlook for the current quarter. “We now expect smartphones to be down about 12% for the year, and we expect notebook and tablet demand to decline 15%,” said Wendell Weeks, Corning CEO.

Surrey, British Columbia Fewer guns mean safer communities. That’s why the Government of Canada is implementing some of the strongest gun control measures in a generation. Handguns are the weapon of choice in most firearm-related crimes, which is why limiting the number of handguns is a critical part of our plan to protect Canadians from violence. Prime Minister Justin Trudeau today announced the national freeze on the sale, purchase, and transfer of handguns comes into effect. From now on, people cannot buy, sell, or transfer handguns within Canada, and they cannot bring newly acquired handguns into the country. A national...

The US housing market remains in “free fall” after a survey showed a “disastrous” decline in homebuilder confidence, a prominent economist warned on Tuesday. Homebuilder confidence plunged for the 10th consecutive month in October, falling to its lowest level since 2012, according to the National Association of Home Builders’ monthly survey. The latest downtick came as mortgage rates spiked to levels not seen since the Great Recession. The survey’s results were “disastrous” and indicated there is “no bottom yet” for the housing market’s current slump, according to Ian Shepherdson, chief economist at Pantheon Macroeconomics. “The plunge in the NAHB index...

New home sales in the United States shrank 8.1% from a month earlier to a seasonally adjusted annual rate of 590,000 in June of 2022, well below market expectations of 660,000. It is the lowest reading since April of 2020, as the housing market is cooling due to a rise in mortgage costs. Sales fell in the West (-36.7%), the Northeast (-5.3%) and the South (-2%) but rose in the Midwest (42.3%)

Japan's Toyota Motor Corp (7203.T) on Monday said it missed its global production target for April as COVID-19 outbreaks and a parts shortage slowed its post-pandemic recovery. The world's largest automaker by sales produced 692,259 vehicles last month, a 9.1% drop from the same month last year, and falling short of an earlier plan of making about 750,000 vehicles worldwide.

The green is flowing in New Jersey. The Garden State raked in over $24 million dollars in recreational marijuana sales in the industry’s first month, according to the state Cannabis Regulatory Commission. Since a dozen dispensaries in New Jersey first opened for operation on April 21, recreational marijuana sales averaged nearly $5 million per week for a total of $24,201,875.38 from 212,433 transactions, NJ.com first reported. Jeff Brown, executive director for the CRC, said there is still room for substantial growth in the market as the commission approved an additional five dispensaries across the state.

US Existing Home Sales were 5.61M SAAR in April, down -2.4% from March’s -3.0% MoM reading. But median prices YoY for existing home sales printed at 14.85%, still hot, hot, hot. With 3 consecutive declines in MoM existing home sales, how can prices still be raging at 14.85%? First, inventory for sale in April remains low compared to 2010 (yellow line). Second, The Federal Reserve’s Stimulypto (excessive monetary easing) is still out there in force despite Jerome “Slowhand” Powell signaling rate increases (green line). 30Y mortgage rates are still rising. Where do we go from here? 30 year mortgage rates...

Americans’ credit cards are taking a beating – as was evident in the plunge in the savings rate and the surge in revolving consumer credit – to enable them to keep the dream alive and spend beyond their means and that over-reach enabled them to increase retail sales spending by 0.5% MoM – as expected in March. Notably, the rise in retail sales year-over-year is decelerating dramatically (up only 6.9% YoY – the lowest since Feb 2021)…Source: BloombergThe relative weakness was driven by a huge drop in non-store retailer sales (online) MoM leaving sales up just 1.8% YoY.However, before everyone...

Retail sales in the U.S. declined sharply in December, indicating that the worst inflation in decades is hitting consumers harder than analysts expected. Total retail sales dropped 1.9 percent in December, typically a month of robust holiday shopping, Commerce Department data showed Friday. The figures are not adjusted for inflation, suggesting that price-adjusted purchases were even weaker. The Consumer Price Index rose 0.5 percent in December. The results were far worse than analysts expected. The median estimate by analysts was for sales to be flat to down just one-tenth of a percentage point. Retail sales were better than expected in...

Americans slowed their spending by more than expected in November, suggesting that the fastest inflation in decades and shortages have become a drag on the economy and that many Americans got their holiday shopping early this year. Retail sales rose by a seasonally adjusted 0.3 percent in November from October, a significant slowdown from the 1.8 percent jump in the prior month, the Commerce Department said Wednesday. Economists had expected sales to grow by 0.8 percent.

New York (CNN Business): Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results the full year, thanks greatly to its Covid-19 vaccine. The company reported adjusted earnings of $7.7 billion, up 133% from a year earlier. Revenue soared to $24.1 billion, up 134%. Both easily cleared results forecast by analysts. The vaccine business alone was responsible for more than 60% of the company's sales, as vaccine revenue rose to $14.6 billion from only $1.7 billion a year earlier. The company said its Covid vaccine sales accounted for $13 billion...

Total new vehicle sales in September dropped to 1.01 million vehicles, down 37% from 1.6 million vehicles in March, when there were still enough new vehicles to sell. The industry-standard Seasonally Adjusted Annual Rate (SAAR) of sales – which adjusts for the number of selling days per month and for seasonal factors, and converts the monthly sales into what sales would be for an entire year – plunged for the fifth month in a row, by 29% year-over-year, to 12.2 million units SAAR, the lowest, outside of the two lockdown months, since June 2011 ,according to data from the Bureau...

New York (CNN)Sales of reusable face masks, which had started to cool down earlier in the summer, have reversed course as the Delta variant spreads across the United States. Weekly mask sales in dollars had been declining in June and into July, according to Adobe Analytics' Digital Economy Index, which tracks sales data directly from a majority of the top 100 US web retailers. They've been rising since the week beginning July 21. According to the latest data, mask sales for the week beginning Aug. 4 were up 40% over the prior week.

There’s a reason you might not find your favorite Coca-Cola Zero Sugar flavor soon — the cans will look way different. Deseret News Coke Zero is getting a makeover. Here’s what to expect Herb Scribner 1 day ago 1 Comment | 15 Leaked Kremlin documents support claim that Russia has compromising… A Delta pilot is reportedly suing the airline for $1 billion after accusing them… There’s a reason you might not find your favorite Coca-Cola Zero Sugar flavor soon — the cans will look way different. a close up of a bottle: Cans of Coca-Cola and Diet Coke sit in...