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July 13, 2020 11:11 am ET Order Reprints Print Article Text size Maddie Meyer/Getty Images Shares of Moderna are up 239% so far this year, and the biotech company, which has no approved drugs, has a market capitalization of more than $24 billion. But in a note out Monday morning, Jefferies analyst Michael Yee writes…

Sens. Kamala HarrisKamala Devi HarrisJaime Harrison seeks to convince Democrats he can take down Lindsey Graham Senators push foreign media to disclose if they are registered as foreign agents Warnock raises almost M in Georgia Senate race in second quarter MORE (D-Calif.) and Elizabeth WarrenElizabeth WarrenThe Hill's Campaign Report: Biden chips away at Trump's fundraising…

Right NowThe I.M.F. said the global economy would shrink 4.9 percent in 2020 and recover more slowly than expected, even as pandemic restrictions ease.I.M.F. predicts deeper global downturn even as economies reopen.ImageThe International Monetary Fund in Washington.Credit...Olivier Douliery/Agence France-Presse — Getty ImagesThe International Monetary Fund said Wednesday that the global economy faces an even deeper…

John Bolton never cared much about China: Peter NavarroWhite House trade adviser Peter Navarro argues former National Security Adviser John Bolton focused most of his attention on Iran instead of holding China accountable for human rights violations, information warfare and trade.Stock futures sank Monday evening before recovering after top White House trade advisor Peter Navarro clarified…

Right NowThe S&P 500 fell more than 2 percent, and was on track for its sharpest daily decline in more than a month.U.S. stocks tumble amid a spate of glum forecasts.Stocks plunged on Thursday, a third-straight day of declines on Wall Street, as investors considered a space of grim forecasts about the economy and an…