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Congress deliberates a $52 billion semiconductor bill — Here are 2 stocks that could benefit
In today's world, the markets cannot be separated from politics. Case in point – the semiconductor subsidy bill currently before Congress. The bill, which holds the promise of some $52 billion worth of subsidies for the US semiconductor industry, was stalled in the Congressional processes for several months but last week got a boost from House Speaker Nancy Pelosi. In a move not sees as particularly coincidental, Pelosi's husband just last month exercised a call option to purchase more than $5 m
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- American City Business Journals
Novavax's Covid vaccine up for review by CDC advisory committee
Gaithersburg's Novavax Inc. is on the cusp of rolling out its Covid-19 vaccine to the public. It's a necessary step before Novavax's Covid shot can go into any arms. As part of its regular review of such vaccines, the CDC committee provides recommendations for how the products should be administered, including the timing, dosage and any reason certain patients shouldn't receive it based on their health conditions.
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Apple reportedly set to slow hiring and spending
Yahoo Finance Live anchors Dave Briggs, Seana Smith, and Rachelle Akuffo discuss a new report that Apple will be slowing down hiring and spending in some of its divisions. The stock is dragging markets lower.
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10 Blue Chip Dividend Stocks with Over 5% Yield
In this article, we discuss blue-chip dividend stocks with over 5% yield. You can skip our detailed analysis of dividend stocks and their returns over the years, and go directly to read 5 Blue Chip Dividend Stocks with Over 5% Yield. In May 2022, US inflation reached its 40-year high, with the consumer price index […]
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Short Sellers Wind Down Pot Stock Bets as Congress Mulls Action
(Bloomberg) -- Cannabis short sellers are ratcheting down their bets that the beleaguered sector will continue its slide.Most Read from BloombergThis Could Be the Start of a Dollar 'Doom Loop' Like No OtherGhana Declares First Marburg Virus Disease OutbreakA Goldman Legend, Crypto Star and Top Banker Warn of Next Big RiskStock Optimism Evaporates With Apple Hiring Plans: Markets WrapShort interest in pot stocks has tumbled to $632 million from $3.14 billion in May 2021, even as share prices plun
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Sesen Bio Pauses Clinical Development Of Its Lead Bladder Cancer Candidate In US
Based on a thorough reassessment Sesen Bio Inc (NASDAQ: SESN) has decided to voluntarily pause further development in the U.S. of its lead asset, Vicineum, for non-muscle invasive bladder cancer (NMIBC). The decision was based on a reassessment of the incremental development timeline and associated costs for an additional Phase 3 clinical trial following recent discussions with the FDA. This decision enables Sesen Bio to conserve cash while assessing potential strategic alternatives. Additionall
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Most Americans Are Behind on Retirement Savings – Are You One of Them?
When it comes to retirement savings, American workers have a lot of work to do. A recent Insured Retirement Institute survey found that workers between ages of 40 and 73 have insufficient retirement savings to cover their income needs, and they … Continue reading → The post Most Americans Are Behind on Retirement Savings – Are You One of Them? appeared first on SmartAsset Blog.
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Apple faces class-action lawsuit over Apple Pay
Yahoo Finance legal reporter Alexis Keenan breaks downs the class-action lawsuit against Apple alleging obstruction of competition from third-party e-commerce platforms and transaction fees.
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Trader Behind Huge Fed Funds Wager Bags $14 Million in First Day
(Bloomberg) -- A trader is pocketing big profits for breaking with the pack and placing a sizable bet that the Federal Reserve won't increase the size of its interest-rate hikes. Most Read from BloombergThis Could Be the Start of a Dollar 'Doom Loop' Like No OtherA Goldman Legend, Crypto Star and Top Banker Warn of Next Big RiskGhana Declares First Marburg Virus Disease OutbreakStock Optimism Evaporates With Apple Hiring Plans: Markets WrapOn Friday, someone purchased October futures with a noti
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Bezos-Backed Arrived Homes Released Its Largest Batch Of Single-Family Rental Offerings To Date
The real estate investment platform Arrived Homes, backed by Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, has launched its largest batch of new offerings with a total of 14 new single-family rental properties. Seven of the 14 rental homes hit the platform last week on July 13, with the remaining seven being available as of today. So far, five of the properties have been fully funded with a total value of about $1.4 million. The rental property investment platform allows individual investor
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Source: https://finance.yahoo.com/news/h-stens-unveils-biggest-custom-210000901.html
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