Author: Press Room

When I look at Thursday’s rally, I am beginning to realize that we have become so binary and so up close that we have lost our ability to think about what matters. The big fish data got caught among the minnow minutiae and we ended up with ridiculous rallies that are, therefore, based on nothing. That, of course, tells you that those newfound percentages can be taken away based on nothing. That’s how trapped and intellectually devoid we have become. I have now studied every aspect of the runup of that beautiful — for the bulls — session on Thursday,…

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Former President Donald Trump on Sunday accused his November election opponent, Vice President Kamala Harris, of using AI technology to fabricate images of the crowd sizes at her rallies, amplifying an unfounded conspiracy to explain the strong enthusiasm for the new Democratic ticket.”Has anyone noticed that Kamala CHEATED at the airport? There was nobody at the plane, and she ‘A.I.’d’ it, and showed a massive ‘crowd’ of so-called followers, BUT THEY DIDN’T EXIST!” the Republican presidential nominee wrote on Truth Social.Trump was referring to an image of a large crowd gathered on the tarmac in Michigan last week, cheering for…

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Americans are shelling out more for oyster happy hours. Experts say the buck-an-oyster deal of yore is all but dead, with some noting restaurants have hiked prices as high as $2.50 apiece. Oyster happy hours are just the latest piece of American life that’s gotten more expensive as prices have muscled higher in recent years. While the US Federal Reserve has made progress in beating back the rate of price increases, inflation has remained stubbornly above target, and Americans have been paying more for everything from groceries to rent to, yes, hanging out at their neighborhood bar for an oyster…

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Accelerate Diagnostics, Inc. (NASDAQ:AXDX) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Laura Pierson – Investor Relations OfficerJack Phillips – President and CEODavid Patience – Chief Financial Officer Conference Call Participants Andrew Brackmann – William Blair Operator Good day. And welcome to the Accelerate Diagnostics Incorporated Second Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. After today’s presentation, there will be a question-and-answer session with covering analysts. Please note this event is being recorded. I would now like to turn the conference over to Ms. Laura Pierson of Accelerate Diagnostics.…

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An Israeli air strike tore through a Gaza City shelter housing displaced Palestinians on Saturday morning, killing around 100 people, according to authorities in the Hamas-run enclave.The strike on the Al Taba’een school in the Daraj Tuffah neighbourhood came during dawn prayers, according to eyewitnesses, with videos on social media showing masses of bodies in a makeshift hall.If confirmed, the death toll would make it one of the deadliest Israeli attacks since the start of the Gaza war, which is now entering its 11th month.Local authorities in Gaza City called it a “massacre”, as emergency personnel worked to locate and…

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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.…

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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…

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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…

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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…

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