Monthly Archives: December 2021

Bob Dole dies at 98, leaving lasting legacies on Social Security and food assistance

Senator Bob Dole at the Capitol in Washington DC in 1996. (Yunghi Kim/The Boston Globe via Getty Images) Bob Dole, a former Senate majority leader who unsuccessfully ran for president against Bill Clinton, died Sunday. He was 98 years old. He is survived by his wife Elizabeth Dole, who was also a U.S. senator, and a daughter, Robin, from a previous marriage. One of the giants of American politics in the 20th century, Dole will be remembered for his heroism in World War II, his time as Senate… Source link

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Behind crypto’s ugly weekend, ‘cascading’ selloffs and dashed hopes for Bitcoin $100K

“Hodl” no more? The grim weekend cryptocurrency drubbing that dragged Bitcoin (BTC) under $50,000 and ravaged other digital coins has decisively tempered the bullishness of investors — some of whom were predicting a run at $100,000 just weeks ago. Fueled by uncertainty over the Federal Reserve inching toward tighter monetary policy in the face of surging inflation, and global fears over the new Omicron variant of COVID-19, the dramatic crash was super-charged by liquidations in the crypto… Source link

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We’re preparing for ‘a potential perfect storm’ with Omicron and winter

The news of a new COVID variant Omicron comes at a time where the U.S. is heading into the winter, adding a dose of uncertainty at a time when cases, hospitalizations, and deaths are rising as people increasingly gather indoors. “The winter months already were a time that we were expecting to have some surge, just by the nature of people going indoors, the cold dry air, which makes it more easily transmissible with viruses,” Dr. Elizabeth Clayborne, an emergency physician at UM Capital… Source link

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Wall Street’s 2022 outlook for stocks

A version of this post was originally published on TKer.co. Wall Street’s top stock market strategists are telling clients where they see the stock market heading in the year ahead. Some high-level themes I’m seeing in their reports: Stocks are likely to rise, but gains will be limited because valuations are high. Earnings growth should be strong, fueled by consumer spending and capital expenditures. Risks include supply chains issues persisting, labor shortages continuing, and monetary… Source link

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Yandex (NASDAQ:YNDX) Receives Consensus Recommendation of “Buy” from Analysts

Yandex (NASDAQ:YNDX) has received a consensus recommendation of “Buy” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $83.29. Several equities analysts have commented on YNDX shares. UBS Group raised shares of… Source link

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Bryce Young and Alabama rout Georgia

ATLANTA – The ball buzzed nearly 60 yards in the air, a perfect parabola from Alabama’s Bryce Young that hummed through the dread of Mercedes-Benz Stadium. All afternoon long, Georgia fans partied toward a coronation here, as they entered the game 12-0, boasting a generational defense and championship thirst. Georgia supporters dominated the tailgates, distinctly outnumbered Alabama fans in the stands and saw the SEC title game as the first step toward winning the school’s first… Source link

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Google Pixel repairs resulted in leaked pics and a privacy nightmare

After game designer and author Jane McGonigal sent her Pixel 5a to Google for repair, someone allegedly took and hacked her device. This is at least the second report in as many weeks from someone claiming they sent a Google phone in for repair, only to have it used to leak their private data and photographs. McGonigal posted a detailed account of the situation on Twitter on Saturday and advised other users not to send their phones in for repair with the company. Yeah, don’t send your… Source link

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3 reasons behind the crypto crash that dragged Bitcoin below $50K

Why is the cryptocurrency market crashing? It’s always hard to pinpoint an exact cause, but in this case, there seem to be a number of factors at work. Just to give you an idea of the magnitude of the drop (though the price of bellwether Bitcoin (BTC-USD) had recovered a bit by early Saturday afternoon to above $48,000, from a low of around $45,000), understand that BTC was testing $57,000 just Friday. The move from then to this afternoon’s levels represents a 14.2% drop. Other digital… Source link

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