Month: March 2021

Dr. Anthony Fauci, Director at the National Institute Of Allergy and Infectious Diseases attends a U.S. Senate Health, Education, Labor, and Pensions Committee hearing to examine the COVID-19 response, focusing on an update from federal officials, on Capitol Hill in Washington, March 18, 2021. Anna Moneymaker | Pool | Reuters The highly contagious variant first
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Federal Reserve Chair Jerome Powell arrives for a news conference following the Federal Open Market Committee meeting in Washington, December 11, 2019. Joshua Roberts | Reuters Federal Reserve Chairman Jerome Powell reiterated his commitment to an “all-in” approach to the recovery, pledging in a commentary piece for The Wall Street Journal to keep policy loose.
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Today, Zach Burks is the 28-year-old founder of Mintable, an NFT, or nonfungible token, marketplace that’s backed by billionaire Mark Cuban. But in 2012, Burks was a recent high school graduate heading off to serve in the U.S. Army. Before he left, he bought something called bitcoin at $5.50, and it defined the trajectory of
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Norm Betts | Bloomberg | Getty Images Visa shares dropped sharply in midday trading Friday after a report said the Justice Department has opened an investigation into its debit card business and possible anticompetitive practices. The department’s antitrust division has started to collect information on whether Visa, the largest card network in the United States,
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In the wake of the devastating effects of covid-19 on nursing home residents and their staffs, pressure is building on long-term care facilities from congressional Democrats who are exploring ways to accelerate the shift of Medicaid long-term services and supports from nursing facilities to home and community based services (HCBS).  Some states are demanding tougher
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India will likely take at least three to four months to complete Covid-19 inoculation efforts for frontline workers and people above 60, or with underlying health conditions, the executive director of Serum Institute of India said Thursday. In January, the South Asian country rolled out the world’s largest vaccination campaign for some 300 million people
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Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters FedEx on Thursday reported better-than-expected profits and revenues in its most recent quarter after what its CFO called an “unprecedented” peak holiday shipping season, despite severe weather
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10’000 Hours Millions of Americans will get a tax break on their unemployment benefits this tax season. But certain income rules limit who can qualify. Fortunately, there are a few tax maneuvers involving individual retirement accounts, health savings accounts and write-offs for business equipment that may help workers skirt those restrictions. “There’s a little ray
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During market pull-backs, investors in different generations tend to behave differently. Plan participants close to retirement are more inclined to prematurely exit the market and younger people tend to remain invested. Market, “sequence of returns”1 and longevity risks address those concerns; but longevity risk has likely been the most influential factor over the past several
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Hong Kong billionaire Li Ka-shing’s flagship firms reported that their annual profits were dragged down last year due to the “unprecedented challenges” of the coronavirus pandemic. CK Hutchison experienced its first profit decline since it was restructured in 2015. The conglomerate with businesses that span ports, retail, infrastructure, energy and telecommunications said its profit came
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SpaceX headquarters in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images A SpaceX engineer pleaded guilty to a Department of Justice charge of insider trading, the agency announced on Thursday, after using information obtained on the dark web to trade public securities with non-public information. The DOJ’s criminal case against James Roland Jones
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