Health workers walk between wards at the Mpox treatment centre at Nyiragongo General Referral Hospital, north of Goma on August 17, 2024. With around 16,000 cases recorded since the beginning of the year, the DRC is the focus and epicentre of the epidemic that led the World Health Organisation (WHO) to trigger its highest level of alert at the international level on Wednesday.Guerchom Ndebo | Afp | Getty ImagesMpox is “not the new Covid” and the risk to the general population is low, according to the World Health Organization’s regional director for Europe.In a statement published Tuesday, Dr. Hans Kluge…
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Check out the companies making headlines before the bell: Boeing — Shares fell more than 1% after NASA announced Saturday it will turn to SpaceX to bring back two astronauts from the International Space Station. Boeing has said its Starliner was safe for the astronauts to fly home in case of an emergency, despite multiple delays to the return. NASA said its risk evaluation was different to that of Boeing’s. PDD Holdings — The Temu parent tumbled 16% on disappointing second-quarter results. The China-based online retailer posted revenue of 97.06 billion yuan versus a FactSet estimate of 100.17 billion yuan.…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailBill Simon, Fmr. Walmart U.S. CEO, joins ‘Fast Money’ to talk Walmart earnings, the retail sector, the state of the economy and more.05:21Thu, Aug 15 20246:10 PM EDT Source link
Open enrollment season can be a time of trepidation for the self-employed. The stakes are especially high because if you need to buy individual or family coverage, the next few weeks could be your only chance for 2024, barring certain exceptions such as moving to a different state, getting married, divorced or having a child. “For most people, the nationwide open enrollment period for individual and family coverage is your best shot to review your options and enroll in a new plan,” explained Anthony Lopez, vice president of individual and family and small business plans at eHealth, a private online marketplace for…
Margaret Nyamumbo didn’t have her first cup of coffee until she left for college.On the coffee farm she grew up on in Kenya, she says, the traditional morning drink is chai. The reasons are both cultural and economic. Kenya’s tea culture has its roots in colonization, with the British bringing leaves to the country from India. What’s more, coffee is more expensive than tea, making the decision easy for money-conscious farmers.”Growing up, we’d send off the coffee for export, and then we would drink the tea,” Nyamumbo, 36, tells CNBC Make It.When flying to the U.S. to begin her undergraduate…
Ukraine’s President Volodymyr Zelenskyy and U.S. President Joe Biden speak on the sidelines of the NATO’s 75th anniversary summit in Washington, U.S. July 11, 2024.Yves Herman | ReutersU.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskyy on Friday and announced a new military aid package ahead of Ukraine’s Independence Day on Saturday, their offices said.U.S. Defense Secretary Lloyd Austin, who also spoke with his Ukrainian counterpart Rustem Umerov on Friday, said on social media the package was worth $125 million.In the call with Zelenskyy, Biden reaffirmed Washington’s support, which the White House called “unwavering”, for Ukraine in its war…
Richard Newstead | Moment | Getty ImagesLONDON — Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four years sparked a boom in homebuyer activity.Barclays, Halifax, HSBC and NatWest are among the lenders now offering five-year fixed-rate mortgages of under 4%, below the BOE’s 5% key rate.The best five-year fixed rate is currently 3.83% for buyers with a 40% deposit, according to a new report from property portal Rightmove. This marks the lowest level for such a product since before the U.K.’s disastrous mini-budget in September 2022.It follows a prior…
Hedge funds and mutual funds — two of the biggest investor groups — piled into a handful of the same stocks last quarter in anticipation of changing market leadership and higher volatility, according to Goldman Sachs. The Wall Street bank analyzed the holdings of 693 hedge funds with $2.8 trillion of gross equity positions as well as the holdings of 554 mutual funds with $3.7 trillion of equity assets at the start of the third quarter, based on regulatory filings. It then compiled the “Hedge Fund VIP basket,” consisting of 50 stocks that most frequently appear among the largest 10 holdings…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors.44:01Thu, Aug 15 20247:21 PM EDT Source link
Nick Martin, co-founder and CEO of Joe Coffee, is so concerned about the state of the economy that he’s looking for ways his company can save money. One main area for cuts: software.Martin started the Seattle-based company with his brother, Brenden, to help local coffee shops better compete with Starbucks, by making it easier for them to fulfill mobile orders, track analytics and automate their marketing.While their 8-year-old business has held pretty steady through the economic dip that started in 2022, Martin said he’s seeing evidence that people are now buying fewer lattes than they did a year ago. Any…
