Month: June 2022
Signs are growing of a top in both inflation and job gains
The U.S. economy looks to be on the verge of hitting two highs simultaneously — peaks in inflation and job creation that could be important influences on the path of monetary policy. May’s nonfarm payrolls report corroborated other recent evidence that while the jobs market remains strong, future gains could be tempered. At the same […]
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Bitcoin rises after snapping longest-ever losing streak as investors seek a market bottom
A young woman walks past a Bitcoin symbol in the window of a company that offers blockchain application services. Sean Gallup | Getty Images News | Getty Images Bitcoin rose over the weekend as cryptocurrency investors continue to look for a bottom following a rough six months of selling. The largest cryptocurrency by market cap […]
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Novavax faces high stakes FDA review this week that will decide the fate of its Covid vaccine in the U.S.
In this photo illustration the Food and Drug Administration (FDA) and Novavax logos are seen behind a medical syringe and vials. Pavlo Gonchar | LightRocket | Getty Images Novavax’s Covid-19 vaccine will face the scrutiny of the Food and Drug Administration’s independent immunization experts this week, a crucial step on the path toward U.S. regulatory […]
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Bill Gates has 5 book recommendations for your 2022 summer reading list: ‘Compelling without sacrificing any complexity’
Bill Gates isn’t particularly interested in breezy beach reads this summer. The billionaire bibliophile and Microsoft co-founder is back with his latest list of reading recommendations – this time, with five new titles for the summer season. And, as Gates admits in a post on his Gates Notes blog published Monday, this year’s list comes […]
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Apple’s about to announce new iPhone, iPad software: Follow along for live updates
Here’s what you can expect Apple website displayed on a laptop screen and Apple logo displayed on a phone in this illustration photo. Jakub Porzycki | Nurphoto | Getty Images Apple’s annual developer conference, WWDC, is all about catering to software developers. They’re the folks who build apps for the Mac, iPhone, iPad, Watch and […]
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Amazon sellers reject efforts by an executive to rally their opposition to Big Tech antitrust bill
Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon is so concerned about potential antitrust reforms swirling through Congress that a senior executive recently tried lobbying third-party sellers on an online forum that […]
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U.S. has more than 36,000 Jynneos monkeypox vaccine doses immediately available in national stockpile
The United States has more than 36,000 doses of the Jynneos monkeypox vaccine immediately available in the strategic national stockpile, according to the Health and Human Services Department. The Centers for Disease Control and Prevention is sending the vaccine to people who have had high risk exposures to the virus in an effort to stop […]
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Paramount sued over ‘Top Gun’ copyright as ‘Maverick’ soars at the box office
Tom Cruise in “Top Gun: Maverick” Source: Paramount Tom Cruise’s “Top Gun: Maverick” had another blockbuster weekend at the box office, but the studio behind the film could be feeling the heat from a lawsuit filed Monday. The family of the author whose article inspired the original 1986 “Top Gun” is suing Paramount Pictures for […]
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DOJ moves to seize 2 planes from Russian oligarch Roman Abramovich
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images A federal judge in New York on Monday signed a warrant authorizing the seizure by the Justice Department of two jets […]
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Stocks making the biggest moves midday: Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more
Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies — Solar stocks jumped after the Biden […]
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