The pharmaceutical industry is made up of companies that research, develop, make, and sell drugs and treatments used to treat or eradicate diseases and vaccinate people. This includes some of the largest and best-known companies in the world, such as Pfizer Inc., Merck & Co., and AbbVie Inc. A number of pharmaceutical companies have experienced
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The airline industry is composed of companies that offer a variety of air transportation and travel services for consumers and cargo. Services include flight transport, aircraft leasing, hotel booking, car rentals, and travel management services. Some big names in the U.S. airline industry include Southwest Airlines Co., Delta Air Lines Inc., and United Airlines Holdings
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The Biden administration is moving closer to developing a digital currency for the U.S., saying it will help strengthen the nation’s role as a global financial leader. Today, it released a framework outlining the regulation of digital assets, including cryptocurrency and other items of value that exist only in digital form. The framework includes ways to make the
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Some may be trying to call a bottom with stocks, but many more believe the rout could continue. With this, it’s best to stay cautious. Instead of diving into more speculative stocks, stick with the best bear market stocks instead. What do I mean when I say, “bear market stocks?” Stocks that perform well during
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Until the summer of 2022, most financial traders didn’t spend much time thinking about 1life Healthcare (NASDAQ:ONEM) stock. They’re definitely paying attention now, though, as Amazon (NASDAQ:AMZN) is preparing to merge with 1life Healthcare. The merger deal’s not finalized yet, though. Therefore, sensible investors might choose to accumulate a few shares of ONEM stock but also
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Rising interest rates are cooling off the U.S. housing market. The average interest rate on a 30-year mortgage, the most popular U.S. home loan, has risen to 6% for the first time since the 2008 financial crisis. Consequently, mortgage loan applications in the U.S. are down 64% from this time last year. Higher interest rates
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Following the Ethereum Merge on September 15, Ethereum‘s rival, who advocates the proof-of-work consensus mechanism, launched ETHPoW on its mainnet. Key Takeaway The mainnet for the Ethereum proof-of-work chain has launched. The ETHW token is now available on over ten exchanges, with over 1.7 billion transactions taking place. The price of ETHW has fallen sharply,
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July brings a busy earnings season to Wall Street. Amidst fears of an impending recession, investors are increasingly looking for value stocks with sound fundamentals. For instance, JPMorgan Chase (NYSE:JPM) suggests the value rotation play has been at its highest level in four years. Meanwhile, ETF Trends writes, “value equities are trouncing their rivals this year, and while the
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The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates by aggressively hiking interest rates, according to the World Bank. Global inflation has been rising at the fastest pace in decades, due to supply constraints, the Russian invasion of Ukraine and elevated energy prices.  In a new report, World Bank economists warned that the
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The Federal Trade Commission (FTC) will send more than $415,000 to 3,508 consumers who financed a vehicle through one of four Tate’s Auto dealerships in Arizona or New Mexico after January 1, 2013, and later had the vehicle repossessed. According to the FTC lawsuit that led to the refund, the dealerships deceived consumers, many of
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After his attempt at a dot-com company failed, Nicholas Woodman traveled to Australia and Indonesia. While he was abroad, he realized that he could sell waterproof cameras. In 2002, Woodman founded Woodman Labs, the parent company of GoPro (GPRO). GoPro makes some of the most versatile cameras in the world. These products are capable of
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FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multi-billion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of
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