business news
Texas reports what may be the first U.S. death from monkeypox
Monkeypox virus, illustration. Thom Leach | Science Photo Library | Getty Images Texas health officials said Tuesday that a person diagnosed with monkeypox died in what may be the nation’s first-known fatality from the virus. The patient was an adult with a severely compromised immune system who lived in the Houston area, health officials said. […]
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We’re using Tuesday’s down market to buy more of our two newest stocks
We are looking around the portfolio for stocks to buy — but for now, we are sticking with our two most recent initiations. Source
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Bed Bath & Beyond will unveil its turnaround plan Wednesday. Here are 5 issues investors want addressed
A pedestrian walks by a Bed Bath and Beyond store on November 04, 2021 in Larkspur, California. Justin Sullivan | Getty Images 1. A potential cash infusion A key part of the announcement will be clarity around how Bed Bath plans to replenish its cash coffers to pay suppliers, take care of other expenses and […]
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British isles inflation could top 22% as power selling prices soar, Goldman Sachs warns
Goldman Sachs has explained that the U.K. is probable to slide into recession in the fourth quarter 2023. Richard Baker | In Photographs | Getty Pictures LONDON — U.K. inflation could soar earlier mentioned 22% upcoming year if energy charges proceed their upward spiral, U.S. expense bank Goldman Sachs warned. In a exploration be aware […]
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Lucid and Nikola move to raise additional funds as rising costs squeeze EV startups
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle makers Lucid Group and Nikola are moving to raise additional funds, as both companies aim to boost production amid sharply rising battery costs and new federal […]
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Facebook is shutting down its video game streaming app immediately after struggling to obstacle Amazon’s Twitch
Jakub Porzycki | Nurphoto by means of Getty Pictures Fb strategies to close down its Facebook Gaming application, which allows users check out and enjoy video online games on-need. Setting up Oct. 28, Fb Gaming will no extended be accessible on iOS and Android, when gaming features will keep on to be available by means […]
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Trump’s Truth Social reportedly barred from Google Play retail outlet about articles moderation considerations
Donald Trump’s social media app “Real truth Social” in Apple’s Application Retail outlet on an Iphone 12. Christoph Dernbach | Picture Alliance | Getty Photos Fact Social, the would-be Twitter competitor established by Trump Media and Know-how Group, stays unavailable on the Google Perform retailer. In accordance to a report from Axios, Google stated the […]
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Cannabis drinks crop up as companies bet on the growing market for legal marijuana
Grainwave, a Belgian-Style white ale, THC infused, non-alcoholic cannabis beer at the Ceria Brewing Co. at the Keef Cola facility December 13, 2018. Andy Cross | Denver Post | Getty Images You can smoke it, vape it and eat it. Now as more U.S. states legalize recreational marijuana, companies are betting people will also want […]
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Home prices weakened in June, but were still much higher than a year ago, says S&P Case Shiller
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Home prices in June were 18% higher than during the same month last year, according to the S&P CoreLogic Case-Shiller Indices. That’s a weaker pace than in May of this year, which […]
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