Author: Press Room
See where Trump and Harris stand in key states, according to new polling New polling shows Vice President Kamala Harris gaining momentum in key states ahead of the 2024 presidential election. CNN senior data reporter Harry Enten breaks down the details. Read the full article here
Protecting retirement assets through analysis of various topics, such as time horizon, income needs, risk tolerance, and more, is often best discussed with a wealth advisor acting under fiduciary standards. A prudent wealth advisor closely monitors their clients’ normal activities and actions to help safeguard against potential elderly exploitation of assets. Elderly exploitation, commonly referred to as elder abuse, extends to all aspects of a person’s life and, unfortunately, financial elder abuse has risen in recent years and continues to do so. As clients age, the protection of their assets from others extends to those within their closest inner circle.…
Mortgage rates continued their wave-like fluctuations, dropping slightly from last week when rates averaged closer to 7%. A 30-year, fixed-rate mortgage averaged interest rates of 6.89% as of July 11, Freddie Mac reported. Rates currently average lower than they did at this time last year when they hovered around 6.96% for 30-year mortgages.”Following June’s jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week and mortgage rates followed suit,” Freddie Mac Chief Economist Sam Khater said. The average rate for a 15-year mortgage also dropped to 6.17%, compared to 6.25% last week. These mortgage rates…
HousingAffordable housing is an important topic for many Americans and both Walz and Vance have addressed the issue.In May 2023, Walz signed housing legislation that included $200 million in down payment assistance. The bill also had $200 million for housing infrastructure and $40 million for workforce housing.”We expect Walz to be an advocate for demand-side approaches to housing,” Jaret Seiberg, analyst at TD Cowen wrote in a July statement. “These are the type of housing ideas we would expect in a Harris administration,” she wrote.Demand-side approaches to housing aim to help individual households by improving housing quality or reducing monthly housing…
Vice President Kamala Harris is ahead of former President Donald Trump in the key battleground states of Michigan, Wisconsin and Pennsylvania, according to a new New York Times/Siena College poll.The poll found Harris beating Trump 50% to 46% among likely voters in all three states, though those leads are within the survey’s margins of error. Likely voters are a subset of the entire pool of registered voters surveyed.From Monday to Thursday, the poll surveyed 619 registered voters in Michigan and 661 registered voters in Wisconsin. From Tuesday to Friday, the poll surveyed 693 registered voters in Pennsylvania.The head-to-head results are…
America’s lucrative job market of recent years is now long gone, with the unemployment rate recently rising to its highest level since October 2021. But there’s still some serious momentum in one industry. These workers have plentiful jobs available to them across the country and are raking in higher wage gains than the broader private sector. Employers in this industry also hire quickly and typically offer cushy perks such as massive sign-on bonuses and tuition reimbursement. Enter America’s top job creator: The mighty health care industry. So far in 2024, health care has added a stunning 59,000 jobs a month,…
Sonic Automotive, Inc. (NYSE:SAH) Q2 2024 Results Conference Call August 5, 2024 10:00 AM ET Company Participants David Smith – Chairman & CEOHeath Byrd – CFOJeff Dyke – President Conference Call Participants Bret Jordan – JefferiesRajat Gupta – JPMorganJohn Murphy – Bank of America Operator Good morning, and welcome to the Sonic Automotive Second Quarter 2024 Earnings Conference Call. This conference call is being recorded today, Monday, August 05, 2024. Presentation materials, which accompany management’s discussion on the conference call can be accessed at the company’s website at ir.sonicautomotive.com. At this time, I would like to refer to the safe…
Stay informed with free updatesSimply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.US medicines regulators have rejected a bid to get schedule-1 drug MDMA, better known as the party drug ecstasy, approved as a treatment for post-traumatic stress disorder, marking a significant setback for the nascent psychedelics sector.The US Food and Drug Administration issued Lykos Therapeutics, the biotech behind the treatment, with a notice known as a “complete response letter” asking the company to carry out costly fresh phase-three trials because of concerns over the way the original studies had been conducted. Lykos said…
Former San Francisco Mayor Willie Brown responds after former President Donald Trump recounted a story to reporters about being involved in a helicopter emergency landing together. Brown rejects the story, telling CNN “I’ve never been in a helicopter with him in my life.” Read the full article here
The Inflation Reduction Act is keeping drug plan sponsors, pharmacies, Medicare educators and anyone who works with Medicare drug plans very busy. So far, the IRA has: Many more changes are coming. The biggest one may be the $2,000 cap on Part D drug costs that takes effect in 2025 and has spawned a new program: the Medicare Payment Prescription Plan or MPPP. This may seem simple in concept but it’s really quite complicated. On the website for this new program, the Centers for Medicare and Medicaid Service has nine documents, including fact sheets, cost calculations, timelines, and final guidance,…
