Tag Archives: drop

New daily COVID-19 cases drop to below 10,000 in the U.S. Is the end finally in sight?

WASHINGTON — Last September, with COVID-19 vaccines still some three months from being made publicly available, the nation was recording about 40,000 new cases per day. In an interview with MSNBC, Dr. Anthony Fauci called that number “unacceptably high,” especially since people were bound to travel over the forthcoming Labor Day weekend. Shortly after that, cold weather would drive people indoors, where the virus would spread much more easily than it did in the open air. “I’d like to… Source link

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Google union pushes company to drop deadnames from ID badges

The Alphabet Workers Union launched a campaign Tuesday to push Google to allow employees to use their chosen names on ID badges. The move comes after Phares Lee, a transgender man who works at a Google data center in South Carolina and is employed by security subcontracting firm G4S, asked to have his deadname removed from his badge and was denied. Lee came out as transgender during his initial interview with G4S. “I was assured [Google] was inclusive, yet when I asked about a badge in… Source link

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Bitcoin Eyes Second-Biggest Monthly Drop on Record

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

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Pending home sales unexpectedly drop in April

A leading indicator of the health of the housing market is showing signs that the hot housing market may be cooling off. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 4.4% in April from the previous month. The results are a huge disappointment, with analysts expecting a 0.4% increase, according to Bloomberg consensus estimates. And it reverses a pending home sales rebound in March. The NAR… Source link

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The Lakers and Knicks drop their playoff openers and Lefty sets a record

WATCH THE VIDEO ABOVE to see today’s piping-hot, fresh-outta-the-oven episode of THE RUSH with Jared Quay! We’ll let you know everything you didn’t know you needed to know about sports. Other stuff too. But mostly sports. It’s Monday, May 24th, 2021, and here’s what Jared’s cookin’ up: The Suns rise in the West and take down the Lakers in game 1 Hawks’ Trae Young spoils the return to the playoffs for the Knicks PLUS: Phil Mickelson sets a record at the PGA Championship THE RUSH… Source link

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Stocks could drop 20% when Fed fights inflation: hedge fund founder

Inflation fears already roiled the market this week with the Nasdaq falling nearly 2%, but one hedge fund founder is sounding the alarm over a potential 20% collapse that could be sparked by the Federal Reserve signaling an end to accommodative pandemic-era monetary policy later this year. Satori Fund founder Dan Niles recently told Yahoo Finance that this week’s hotter-than-anticipated inflation data coupled with other central banks around the world already coming off their easy money… Source link

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Vaccinated Americans are ready to drop their masks after CDC shift. But they’re not ready to socialize with the unvaccinated.

On Thursday, the Centers for Disease Control and Prevention announced that fully vaccinated Americans are so unlikely to transmit COVID-19 or fall ill from the virus that they no longer need to wear masks in most indoor situations. According to a new Yahoo News/YouGov poll, the CDC’s surprise shift could finally signal the beginning of the end of masking in the U.S. — while also ushering in a new era defined by growing divisions between vaccinated and unvaccinated Americans. The survey of… Source link

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Alphabet, Facebook Drop as Citi Warns of Ad Growth Slowdown

(Bloomberg) — Alphabet Inc. and Facebook Inc. tumbled on Monday, leading a broad move lower in internet stocks after Citigroup Inc. warned about the outlook for digital advertising, a key source of revenue for the sector. The firm downgraded both names to neutral from buy, writing that “caution is in order” for companies that derive revenue from digital advertising. While ad budgets are expected to continue shifting online, growth is likely to decelerate, and “historically, that… Source link

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Stocks trade mixed as tech shares drop, Nasdaq turns negative

undefined Stocks traded mixed on Monday, with the S&P 500 and Dow looking to kick off May on a high note while the Nasdaq declined. The S&P 500 added about 0.4%, while the Dow jumped by 0.9%. On Friday, the S&P 500 ended ended lower, but still closed out its best month since November with a monthly advance of more than 5%. In April, the communication services and consumer discretionary sectors led gains in the S&P 500, returning to a leadership position after lagging earlier in 2021 amid a… Source link

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Bitcoin Plunges in Biggest Intraday Drop Since February

(Bloomberg) — Bitcoin plunged the most in more than seven weeks, just days after reaching a record. The biggest crypto coin fell 8.5% to $55,810.32 as of 2:52 p.m. in Singapore on Sunday, after declining as much as 15.1% to $51,707.51. Ether, the second-largest token, dropped almost 18% before paring losses. Several online reports attributed the plunge to speculation the U.S. Treasury may crack down on money laundering that’s carried out through digital assets. Bitcoin hit a record high of… Source link

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