Day: July 22, 2022
Biden administration considering public health emergency in response to monkeypox outbreak
The Biden administration is considering declaring a public health emergency in response to the growing monkeypox outbreak, a senior White House health official said on Friday. Dr. Ashish Jha, the White House Covid response coordinator, said the administration is looking at how a public health emergency declaration might bolster the U.S. response to the outbreak. […]
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Vince McMahon retires as WWE chief amid probes into alleged misconduct of pro wrestling boss
Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment CEO Vince McMahon announced Friday that he was retiring after decades of leading the company founded by his father, a move that comes a month after WWE’s board […]
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Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more
Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as growth in travel and entertainment spending helped American […]
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More advisors turn to alternative investments to further diversify their clients in volatile market
Marko Geber | DigitalVision | Getty Images After battling downturns in the stock and bond markets, more financial advisors looking to further diversify their clients are turning to alternative investments, according to a recent survey from Cerulli Associates. Falling outside of traditional asset classes, alternative investments are typically added to portfolios for more diversification, income and the […]
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3 takeaways from the Investing Club’s ‘Morning Meeting’ on Friday
We look ahead to our busiest week for earnings, including reports from Apple, Meta, Amazon and Google. Source
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Trump aides at heart of explosive Jan. 6 claims have hired private lawyers, committee member says
U.S. Representative Zoe Lofgren (D-CA) speaks during the second public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, at Capitol Hill, in Washington, U.S. June 13, 2022. Jonathan Ernst | Reuters Presidential security officials at the center of an explosive allegation about then-President Donald Trump’s […]
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The 8 best options for small business funding
For many small businesses, access to funding can be a matter of life and death. The stakes are especially high given that 18.4% of U.S. businesses fail within the first year, 49.7% after five years and 65.5% after 10 years, according to a LendingTree analysis of data from the U.S. Bureau of Labor Statistics. One […]
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Apple’s new car software could be a trojan horse into the automotive industry
Apple is using the iPhone’s popularity to push itself into the auto industry. Automakers are a little unsure how they feel about this. Apple announced the next generation of its car software CarPlay in June. It takes over the user interface on all interior screens, replacing gas gauges and speed dials with a digital version […]
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Travel spending is back, and it’s not just consumers, American Express earnings show
Spending on travel and entertainment came roaring back in the second quarter, and it wasn’t just consumers making the purchases, according to the latest results from American Express . The company said consumer spending in the category topped pre- Covid pandemic levels for the first time in April. Notably, there also was a significant uptick […]
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Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto giant
Herbert Diess, CEO of Volkswagen Sean Gallup | Getty Volkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. Oliver Blume, currently the CEO of Volkswagen subsidiary Porsche, will succeed Diess as of September 1. The automaker didn’t provide a reason for Diess’s departure. Diess joined Volkswagen from […]
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