Wednesday, 31 August 2022

Mumbai logs 638 new Covid-19 cases, 4 deaths in 24 hours | Details here

Mumbai logs 638 new Covid-19 cases, 4 deaths in 24 hours | Details here

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We're making a buy in this down market but also a rare small sale

We're making a couple of more trades for the portfolio late Wednesday afternoon, with the net effect of putting more cash to work.

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FDA authorizes Covid booster shots that target omicron BA.5 variant

It is the first time the FDA has authorized an updated vaccine formula since the shots rolled out in December 2020.

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Tuesday, 30 August 2022

How we're positioning our portfolio heading into the worst month of the year

We've been shaping our investments around companies that can historically hold up in tough environments, and using downturns to buy high-quality tech.

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Texas reports what may be the first U.S. death from monkeypox



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Sunday, 28 August 2022

Struggling with long Covid? Here's what experts say you should — and should not — eat

There's much left to learn about long Covid, but nutrition plays a key role in feeling better, experts tell CNBC Make It. Here's what you can do to find relief.

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Friday, 26 August 2022

CDC cautiously optimistic that monkeypox outbreak might be slowing as cases fall in major cities

New monkeypox cases are starting to fall in major cities such as New York and Chicago.

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Thursday, 25 August 2022

Rare 'tomato flu' spreads to more children in India, prompting health advisory

A rare, new viral infection afflicting young children has prompted health authorities in India to issue a health advisory after over 100 cases were discovered.

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Wednesday, 24 August 2022

Amazon is shutting down its telehealth service, Amazon Care

Amazon Care launched in 2019 as a pilot program for employees in and around the company’s Seattle headquarters.

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Delhi logs 945 fresh Covid cases in 24 hours, 6 deaths

Delhi logs 945 fresh Covid cases in 24 hours, 6 deaths

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Tuesday, 23 August 2022

Singapore says non-fully vaccinated travelers don't need quarantine from Monday

Singapore is set to allow non-fully vaccinated travelers to skip quarantine on arrival starting Monday.

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A dog in France has monkeypox, worrying scientists that we won't be able to eradicate the virus if it spreads to more animals

Some scientists worry as the current outbreak grows, monkeypox could spill from people into animals in the U.S., making the virus more difficult to eradicate.

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Monday, 22 August 2022

4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday

While stocks are down big Monday, Club holdings Constellation Brands and Coterra Energy are bright spots in the market.

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White House chief medical advisor Dr. Anthony Fauci to step down in December after more than 50 years of public service



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Pfizer asks FDA to authorize Covid booster shots that target omicron BA.5 for people ages 12 and older



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Sunday, 21 August 2022

India logs 11,539 fresh Covid cases in 24 hours

India logs 11,539 fresh Covid cases in 24 hours

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Saturday, 20 August 2022

FDA authorizes emergency use for Novavax Covid-19 vaccine for ages 12 and 17

Novavax announced on Saturday that its Covid-19 vaccine has been authorized for emergency use by the FDA for adolescents between the ages of 12 and 17.

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Friday, 19 August 2022

How China’s strict Covid policies led to supply chains bottlenecks

More than two years after the pandemic's onset, China's stringent Covid controls are still weighing down its economy and stalling global supply chains.

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Walmart expands abortion coverage for its employees in the wake of Roe v Wade decision

The retailer is the nation's largest employer with about 1.6 million employees.

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Thursday, 18 August 2022

'Window of opportunity' to stop monkeypox spread could be closing as vaccine rollouts stall

Concerns are mounting that the window of opportunity for containing the escalating monkeypox outbreak may be closing.

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U.S. to provide 50,000 monkeypox vaccines for Pride and other events with high attendance by gay men

The U.S. has delivered more than 1 million doses of the monkeypox vaccine across the country since the outbreak started in May, according to HHS.

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Childhood polio vaccination rate is dangerously low in some New York communities, increasing the risk of an outbreak

Despite a school polio vaccine mandate, childhood immunization against polio has dropped in some communities in recent years.

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Wednesday, 17 August 2022

CDC Director Walensky to reorganize agency after admitting Covid pandemic response fell short

The organizational changes are focused on sharing data more quickly and making public health guidance easier for people to understand.

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Monkeypox cases jumped 20% in the last week to 35,000 across 92 countries, WHO says

Nearly all cases are reported in Europe and the Americas among men who have sex with men, according to WHO.

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We're making two sales due to an overbought market, meme stock froth

We're making a couple of small trims Wednesday morning for two reasons.

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Best Buy to sell over-the-counter hearing devices this fall following change in FDA regulation

Best Buy will begin selling over-the-counter hearing devices as early as mid-October following a new FDA rule.

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Tuesday, 16 August 2022

The Inflation Reduction Act caps costs for Medicare patients on insulin. Where the push for broader relief stands

The Inflation Reduction Act will limit insulin co-pays for Medicare patients to $35 per month. Where efforts to provide similar relief to other patients stand.

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Polio has been circulating for months in New York City area and poses an ongoing risk to the unvaccinated, CDC says

No additional cases of paralytic polio have been confirmed, though CDC officials warned that circulation of the virus poses a risk to the unvaccinated.

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Monday, 15 August 2022

4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday

The Investing Club holds its "Morning Meeting" livestream every weekday at 10:20 a.m. ET.

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UK becomes the first country to approve a dual Covid vaccine targeting omicron

Britain on Monday became the first country in the world to approve a dual Covid-19 vaccine, which tackles both the original virus and the newer Omicron variant.

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We're using a pullback in one of our drug stocks to buy more shares

While mindful of a liability risk, we continue to believe this company's exposure will be minimal, if anything. 

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Friday, 12 August 2022

Passage of Inflation Reduction Act gives Medicare historic new powers over drug prices

The legislation represents a historic expansion of Medicare's power that was fiercely opposed by the pharmaceutical industry.

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DOJ plans to retry Philip Esformes despite Trump commuting sentence of Florida nursing home owner

Florida nursing homes operator Philip Esformes was one of dozens of criminal defendants who received executive clemency from President Donald Trump.

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Polio detected in New York City sewage suggesting local circulation of virus, health officials say

Health officials are aggressively assessing how far polio has spread in the city and in New York state.

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Pharma stocks crater as investors brace for billions in heartburn drug litigation charges

For many investors and analysts, this ordeal brings back memories of the Bayer Roundup saga.

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Thursday, 11 August 2022

CDC eases Covid guidance as U.S. has more tools to fight the virus and keep people out of the hospital



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UK's urgent polio vaccine rollout for children in London 'a wake-up call' as more virus traces found

Britain is rolling out urgent polio vaccinations for all London-based children under 10 as a reemergence of the virus stoked fears of a wider outbreak.

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Tuesday, 9 August 2022

FDA expands monkeypox vaccine authorization to increase dose supply five-fold

The FDA will allow health-care providers to administer the shots through intradermal injection, or between the layers of the skin, for adults.

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Monday, 8 August 2022

Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading

The Maryland biotech company cut its 2022 sales outlook by about 50% and now expects to generate $2 billion to $2.3 billion in revenue this year.

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3 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday

The Club talks Nvidia's miss and how the market is digesting the news, plus the impact of the Inflation Reduction Act.

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Sunday, 7 August 2022

Hong Kong cuts hotel quarantine for travelers to 3 days, plus 4 days of home medical surveillance

After completing the hotel quarantine, travelers can stay at home or in a hotel for the four days of surveillance.

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Saturday, 6 August 2022

Eli Lilly says Indiana's abortion law will lead the drugmaker to grow in other states

Eli Lilly, one of the biggest employers in Indiana, said that the state's newly passed restrictions on abortions will push it to grow away from its home turf.

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President Joe Biden tests negative for Covid-19 after rebound case

President Joe Biden tested negative for Covid-19 but will continue to isolate, according to the White House.

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'Stressed out' STD clinics struggle to handle surge in monkeypox patients as U.S. outbreak grows

Sexual health clinics are facing a surge of patients seeking testing, vaccines and treatment for monkeypox.

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Friday, 5 August 2022

Here are 5 stocks in our portfolio that can benefit from rising interest rates

A strong labor market with robust wage gains might mean the Fed still has more work to do.

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New York polio case is the 'tip of the iceberg,' hundreds of others could be infected, health official says

New York's top health official warned the polio case in an unvaccinated adult and the detection of the virus in sewage could indicate there's a larger outbreak.

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Does the Inflation Reduction Act violate Biden’s $400,000 tax pledge? Expect 'a different answer depending on who you ask,' says analyst

The answer is more complicated than it may sound. Broadly, it depends on what you consider a "tax" and how you account for the bill's aggregate benefits.

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Thursday, 4 August 2022

CDC estimates 1.7 million gay and bisexual men face highest risk from monkeypox

The CDC said gay men who are HIV positive or who are taking medicines to reduce their chance of contracting HIV face the greatest risk from monkeypox.

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Biden administration declares monkeypox outbreak a public health emergency in the U.S.

The U.S. has confirmed more 6,000 monkeypox cases over the past two months, more than any country in the world.

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Polio found in sewage samples outside New York City suggests it's spreading in the community, health officials says

The findings come after an unvaccinated adult in Rockland County contracted polio, suffered paralysis and had to be hospitalized last month.

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Wednesday, 3 August 2022

Overwhelming abortion right win in in 'red' Kansas gives Democrats boost for fall midterms over 'MAGA' GOP, Schumer says

Democrats say concern about abortion rights in light of a Supreme Court ruling tossing out Roe v. Wade will motivate voters in upcoming elections.

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CVS says it plans to get into primary care by year end

Other companies, including Walgreens, Walmart and Amazon, are opening or investing in doctor offices.

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Biden to sign executive order to help cover costs for women traveling for abortions

The Biden administration has considered using emergency public health powers to protect access to abortion pill, mifepristone.

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Moderna's 2Q earnings beat expectations, but it writes off $500 million in expiring Covid shots

Moderna took a nearly $500 million hit on write-downs for vaccine inventory that has expired or is expected to expire before is can be used.

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CVS Health raises full-year forecast after beating second-quarter expectations

The health-care company said it now expects adjusted earnings per share for the full year to come in between $8.40 and $8.60.

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Tuesday, 2 August 2022

DOJ sues to block new Idaho abortion law, first challenge to a state after Dobbs ruling by Supreme Court

Attorney General Merrick Garland announced the first DOJ suit on abortion access since the Supreme Court overturned its ruling in Roe v. Wade.

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Biden names team to manage U.S. monkeypox response as outbreak grows

Biden appointed Robert Fenton, an administrator with the Federal Emergency Management Agency, as the head of U.S. efforts to quash the monkeypox outbreak.

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Monday, 1 August 2022

California declares a state of emergency over monkeypox outbreak, following New York and Illinois



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