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Author: IA PressRoom
(Photo by Justin Sullivan/Getty Images)Getty Images If you’re like many Americans, you’re constantly dealing with some form of medical debt. Most insurers don’t pay all of your bills, so it’s a perennial hassle. When you pay off debt, it shouldn’t pop up on your credit report, which can hurt you if you need future loans. According to the Consumer Financial Protection Bureau (CFPB), “if you’re one of the millions of Americans with overdue medical bills, you may be able to take steps to ensure this information no longer affects your credit, including your access to employment and housing.” What do…
Sinéad O’Sullivan is a former Senior Researcher at Harvard Business School’s Institute for Strategy and Competitiveness.The tagline of this week’s FT Investing in Space Summit was “Balancing optimism with realism” which was probably a first for the industry in recent history.Google “space investment bubble” and you’ll find a trove of articles written since about 2012, on the over-enthusiasm of investors. Every year, apparently, has been the year the bubble just has to burst.Well, it looks like interest rates may be nudging us closer to that realism. One of my favourite moments from the summit was the FT’s Peggy Hollinger asking…
© Reuters. Options floor brokers work on the floor of the NYSE American, formerly known as the American Stock Exchange (AMEX) at New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid By Sruthi Shankar and Shristi Achar A (Reuters) – The and Nasdaq hit fresh 2023 highs on Friday as Tesla (NASDAQ:) shares jumped following a tie-up with General Motors (NYSE:), while investors awaited inflation data and U.S. monetary policy decision due next week. Tesla Inc shares climbed 5.7% after General Motors agreed to use the company’s Supercharger network. GM shares rose 3.8%. The…
© Reuters. Jefferies sees low probability of Microsoft, Activision Blizzard deal Jefferies analysts said Friday that they see Microsoft’s (NASDAQ:) acquisition of Activision Blizzard (NASDAQ:) as a low probability. The analysts told investors in a note that there have been enough unusual antics over the past 6 weeks that suggest to them there is a chance the deal goes through despite the U.K. CMA blocking it. “The denial by the CMA and the approval by EU regulators has created what appears to us a lot of political pressure,” wrote the analysts. “Additionally, Microsoft seems as aggressive as possible to get…
Source: AdobeBrokerage firm Robinhood has decided to delist Cardano, Polygon and Solana after the US Securities and Exchange Commission said those three were securities in its charges against two large crypto exchanges this week.Robinhood said it would end support for the three on June 27, and said that investors could still buy, sell and hold ADA, MATIC and SOL until the deadline. “All other crypto you hold on Robinhood will not be affected,” the firm said in a press release on Friday. Robinhood said investors don’t have to sell ADA, MATIC and SOL and can send them to another wallet or crypto…
People’s Party presidential candidate Cornel West, a progressive activist, went after President Biden Thursday, referring to him as “mediocre” and “milquetoast” in his first interview since announcing his long-shot third-party run for the White House.Appearing on KBLA’s Tavis Smiley podcast, West pushed back on the notion his candidacy was potentially “pulling votes away from Biden” and laid into the Democratic Party for its candidate choices.”When somebody chooses to vote for you, you’re not pulling votes away. You see, Biden doesn’t own any votes. He’s got to earn it. He’s got to earn it,” West said. PROGRESSIVE ACTIVIST CORNEL WEST ANNOUNCES PRESIDENTIAL…
Sientra, ContraFect top healthcare gainers; Elevation, Longboard among losers
When you buy through our links, Insider may earn an affiliate commission. Learn more.The second-generation iPad Pros are the oldest models that will support iPadOS 17.Isabel Fernandez Pujol/BI PhotoAmong the many announcements at this year's WWDC event, Apple revealed the upcoming iPadOS 17 software update for iPad users and announced some of its major features. While iPadOS 17 will be operational on all of the best iPads currently available from Apple, there are a few older models that support iPadOS 16 but won't be able to download iPadOS 17.Set to release in a public beta in July ahead of a fall…
© Reuters. A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. REUTERS/Andrew Kelly (Reuters) – U.S. equity funds had their biggest weekly outflow in 10 weeks in the seven days to June 7 as investors, worried about rising inflation and an economic slowdown, pulled out their money. The upcoming release of U.S. inflation data next week added to investors’ caution as it could potentially influence the Federal Reserve’s decision on the pace of rate hikes necessary to tackle the price pressures. Refinitiv Lipper data showed investors offloaded…
Analysts boost Oracle (ORCL) stock targets into Q4 results Oracle (NYSE:) is moving modestly higher in pre-market Friday after several Wall Street analysts raised their price target on the stock. While Oracle has outperformed the year-to-date, the company’s stock underperformed peers like Microsoft (NASDAQ:) and ServiceNow (NYSE:). Oracle is scheduled to report on Monday, June 12. Its stock hit a fresh record high on Thursday. Citi analysts hiked the price target by $20 to $106 per share but remain Neutral-rated. “Heading into Q4 we see a fairly balanced set-up with reseller survey mixed and ongoing macro headwinds, though we note…
