​​#news Summary of the most interesting news: August 11. | Warren Buffett SAYS

​​#news
Summary of the most interesting news: August 11.

Cyclical stocks gained momentum in trading, helped by the passage of the infrastructure bill and higher bond yields. Energy, industrials and financial sectors rose more than 1%. The Asian stock market traded mostly in the green zone.
The current spike in inflation should not prompt the Fed to prematurely tighten monetary policy as more labor market data are needed. The unemployment rate at the end of 2021 is expected to be 4.5%. - Charles Evans, president of the Chicago Fed.
We still expect stocks to rally in the second half of the year. Reaching the peak of the delta wave, the low probability of a new wave in the fall could be a positive surprise for the markets - Thomas Lee, managing partner at research firm Fundstrat.
$ICPT Intercept plans to use a cache of $75.7 million to repurchase its common stock in closed transactions at a price per share of $16.75 equal to the closing price of the Company's common stock on August 10, 2021.
American cybersecurity company NortonLifeLock (NLOK) is buying antivirus software developer Avast for $8.6 billion.
WarnerMedia (AT&T) is in talks to sell its TMZ entertainment brand to Fox.
Annual inflation in Germany accelerated in July to a 28-year high of 3.8% y/y, 0.9% m/m
Delta variant of coronavirus makes it impossible to form collective immunity to COVID - Oxford vaccine creator Andrew Pollard.
The "iota" variant of the coronavirus, first detected in New York City in the fall of 2020, is transmitted 15 to 25 percent faster than others, according to a study by the city's health department and Columbia University experts. It is noted that the "iota" variant increases the risk of mortality by up to 82% in patients aged 65-74
Mail.ru Group will invest an additional $60.3 million in the JV AliExpress Russia.