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U.S. stock futures pointed to a higher open on Monday as Treasury yields rebounded to quell fears of a possible recession.US Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
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Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
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The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Target is launching its biggest brand yet, Good & Gather. Target expects the grocery label will be a multibillion-dollar brand by the end of 2020.Retailread more
Parents in Germany who choose not to vaccinate their children against the measles could face a $2,800 fine.
Health Minister Jens Spahn submitted a bill to Chancellor Angela Merkel this week that would require vaccinations in an effort to combat the rising rates of the disease.
"In a free country I have to be able to rely on the fact that my counterpart does not endanger me unnecessarily. That, too, is a condition of freedom," Spahn said in an interview with German newspaper Bild am Sonntag. "No child in Germany would have to die from this disease."
Parents of eligible school-age children will be fined for not getting their children vaccinated, and unvaccinated children under 6 will not be allowed to participate in preschool programs. Educators and people coming into close contact with children at schools also need to be vaccinated, Spahn said.
"We want to protect all children from getting infected with measles," he said.
Measles is highly contagious but preventable with the measles, mumps and rubella vaccine.
Germany currently has reported some of the highest measles cases in the European Union, with 651 reported incidents from last March to February 2019, according to data from the European Centre for Disease Prevention and Control. There were nearly 12,000 reported cases overall in the EU.
Worldwide, rates of the measles are rising. In the first two months of 2019, more than 34,000 people in Europe were infected with measles, according to the World Health Organization.
Last year, 72 people across Europe died from measles, according to the WHO.
Germany's isn't the first government to use monetary fines as a way to encourage vaccinations. New York Mayor Bill de Blasio announced April 9 that residents of the borough of Brooklyn had 48 hours to get the MMR vaccine or face $1,000 in fines. The city health department said Tuesday it's so far threatened to fine 84 people for failing to comply with the order.