Paul Pelosi and Nancy Pelosi attend the TIME 100 Gala Red Carpet at Jazz at Lincoln Center on April 23, 2019, in New York City. Dimitrios Kambouris/Getty Images for TIME Outgoing House Speaker Nancy Pelosi reported her husband recently sold between $1 million and $5 million worth of stock in Visa. She reported that her…
Traders gather on the floor of the New York Stock Exchange, Friday, March 18, 2016. Associated Press/Richard Drew Vincent Reinhart, the chief economist of Dreyfus Mellon, is expecting a recession to hit within the next 12 months. “There is an extremely elevated chance of recession,” he told Bloomberg on Thursday. Reinhart explained why he sees…
Bryen Lackey, 18, has the genetic bleeding disorder hemophilia B. He said he could be interested in receiving a newly approved gene therapy if his doctors recommended it. James Lackey The FDA has approved a new gene therapy to treat hemophilia B, a genetic bleeding disorder. The drugmaker CSL Behring set a $3.5 million price…
The news: American Express introduced Amex Business Link, a business-to-business (B2B) payments ecosystem that its issuing and acquiring partners can offer their business clients, per a press release. More than 500 businesses across five countries are already using Amex Business Link. Read the original article on Business Insider Read More
AjiPanda is the ambassador of Japanese food company Ajinomoto Group. Ajinomoto Group Ajinomoto Group, which makes food seasoning products including MSG, saw its stock jump to a record high this week. The company also makes semiconductor material. Shares jumped as the CEO spoke of expansion plans. Ajinomoto researchers found it could repurpose co-products from its…
The research: It’s getting tougher for traditional banks in the US to attract new customers as a looming recession forces consumers to put the brakes on trying out new financial institutions (FIs). But those still looking for a new bank increasingly rank mobile features as their top priority. Our US Mobile Banking Emerging Features Benchmark analyzes 42 emerging…
Morgan Stanley’s chief US equities strategist Mike Wilson. Bloomberg TV Stocks rallying on hopes of the Fed pausing rate hikes will fool investors into thinking the bear market is over, Morgan Stanley’s Mike Wilson said. But stocks could be hit with an earnings recession next year, he told Bloomberg, warning a 26% drop in the…
55 Hudson Yards in NYC. Courtesy of Hudson Yards New York Meta is not renewing its leases of two office spaces in New York’s posh Hudson Yards. The move is part of Meta’s plans to cut costs after reducing its workforce with mass layoffs. Meta will continue operating two other offices in Manhattan. Meta is…
Pokémon Scarlet and Violet launched with plenty of glitches, to put it mildly, but the developers are at least trying to make amends. Alongside an update, Nintendo said it was aware of performance problems and was taking player feedback “seriously” as it planned fixes. The patch both introduces Season 1 of Ranked Battles and addresses…
Microsoft has revealed its first wave of Game Pass additions for December and the headliner is a major game that debuted earlier this year — Lego Star Wars: The Skywalker Saga. You’ll be able to play through all nine core films in the Star Wars franchise and you can choose which trilogy to begin with….