Author: Admin
If Supreme Court reverses Roe v. Wade, up to half of U.S. expected to ban or severely restrict abortion
Pro-life and pro-choice demonstrators during a protest outside the U.S. Supreme Court in Washington, D.C., U.S., on Tuesday, May 3, 2022. Al Drago | Bloomberg | Getty Images Up to 26 states, or about half of the United States, are expected to quickly ban or more severely limit abortions if the Supreme Court reverses its […]
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These ETFs offer protection to investors worried about a recession, Citi says
Investors looking to ride out the uncertainty and cushion their portfolios may find a good defensive play in these minimal volatility funds, Citi says. Source
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Tim Hortons’ comeback takes hold as coffee chain forecasts another year of Canadian same-store sales growth
Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high single digits in 2022 as the coffee chain’s turnaround takes hold in its home market. The Restaurant Brands International chain also said Tuesday during an investor presentation that […]
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Southwest to offer free Wi-Fi on some flights as it tests service upgrades
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more customers. The carrier has outfitted 40 of its Boeing 737s with upgraded hardware for its Wi-Fi service, according to a memo to employees sent […]
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First Apple store union vote set to start June 2 in Atlanta
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple store employees in Atlanta will vote to potentially form the first unionized Apple retail location starting on June 2nd, […]
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The Fed’s aggressive hiking campaign will lead to a recession, according to CNBC survey
The Federal Reserve is expected to hike interest rates and cut its balance sheet aggressively over the next 16 months, according the May CNBC Fed Survey, and most respondents believe the process will end in a recession. A rate hike of half a percentage point (50 basis points) is expected to be announced Wednesday by […]
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Paxlovid prescriptions to treat Covid increased tenfold in U.S. since late February, Pfizer says
Pfizer on Tuesday said prescriptions for its oral antiviral to treat Covid-19 have increased tenfold in the U.S. since late February, as more pharmacies and other locations receive supply. CEO Albert Bourla, in an earnings call Tuesday morning, said nearly 80,000 patients were treated with Paxlovid in the U.S. the week ending April 22, up […]
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The Fed is expected to raise rates by a half point. Investors wonder if it will get more aggressive
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. Graeme Jennings | Reuters The Federal Reserve is widely expected to raise its fed funds target rate by a half-percentage point Wednesday, but investors will […]
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The one short-term trading strategy that even Warren Buffett does
Warren Buffett, a disciplined buy-and-hold value investor, said he’s dabbled in a short-term trading strategy popularized by hedge funds — merger arbitrage. Source
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Stocks making the biggest moves midday: Chegg, Expedia, BP and more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after the entertainment giant reported first-quarter revenue below expectations. The […]
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