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☆ Animals act weirdly during an eclipse. Help NASA find out why
▼ + stars: | 2024-03-13 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +11 min

We’re hoping that we even get kids watching their dogs in their backyard and seeing if their dogs behave interestingly during the eclipse,” Hartstone-Rose said. The next total solar eclipse that will be visible across the contiguous United States won’t appear until August 2044. The space agency is expecting far larger numbers for the 2024 total solar eclipse — nearly 2,500 people have already signed up, she added. “(During a total solar eclipse) you have so many different ways the light is scattering, so there’s these beautiful colors of orange and purple and green. “It’s kind of a great human sensory experience to be in the middle of a total solar eclipse.”

Persons: ”, Adam Hartstone, Rose, Hartstone, “, that’s, Kelsey Perrett, United States won’t, Bryan Pijanowski, ’, Pijanowski, William M, Wheeler, John Griffioen, Griffioen, Perrett, ” Perrett, ” Pijanowski Organizations: CNN, American, North Carolina State University, Nashville Zoo, Solar, Fort Worth Zoo, NASA, Center, Purdue University, Buffalo Zoo, Zoo, Toledo Zoo, Indianapolis Zoo Locations: Columbia , South Carolina, United States, Raleigh, “, Grassmere, Mexico, Canada, Texas, North America, West Lafayette , Indiana, Fort, New York, Arkansas, Ohio

☆ Google restricts election-related queries for its Gemini chatbot
▼ + stars: | 2024-03-12 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Google announced it will restrict the types of election-related queries that users can ask its Gemini chatbot, adding it has already rolled out the changes in the U.S. and in India, where voters will head to the polls this spring. "Out of an abundance of caution on such an important topic, we have begun to roll out restrictions on the types of election-related queries for which Gemini will return responses," Google wrote in a blog post on Tuesday. "We take our responsibility for providing high-quality information for these types of queries seriously, and are continuously working to improve our protections." A Google spokesperson told CNBC that the changes are in line with the company's planned approach for elections.

Persons: Sundar Pichai, Gemini, Google's DeepMind, Josh Becker, screenshotting, Pichai, Sissie Hsiao, Bard Organizations: Google, CNBC, Gemini, Mobile, Democratic, Microsoft, Amazon Locations: Brussels, Belgium, U.S, India, Barcelona, California

CNBC Pro screened to find the stocks that have moved most in line with bitcoin over the last 50 trading days. We looked at the relationship between the stocks and the flagship crypto over that period, as well as the average rolling correlation over the same time period. Here are the top seven names with the highest rolling correlations: The stocks with the highest correlations should come as no surprise. Further down the list, the connections between the stocks and bitcoin are less immediately clear. The electric vehicle maker has a rolling correlation of 0.31, clinching the sixth spot on the screen.

Persons: bitcoin, QuantumScape, FactSet Organizations: CNBC Pro, Marathon, Riot

☆ A new documentary wrestles with the highlights — and lowlights — of John Galliano’s controversial career
▼ + stars: | 2024-03-12 | by ( Trey Taylor | ) edition.cnn.com time to read: +9 min

CNN —After a first intervention for the fashion house’s seismic creative director John Galliano failed, Dior’s then-CEO Sidney Toledano staged a second, more serious one. In response, as Toledano recounts in the new documentary “High & Low: John Galliano,” the then-50-year-old gym-obsessive ripped open his shirt to reveal a rippling torso and said, “Does this look like the body of an alcoholic?”And so the designer’s drinking and pill-popping rolled on. At least, “High & Low” director Kevin Macdonald, whose documentary performs a thrilling autopsy of Galliano’s career collapse, thinks so. Nicholas MatthewsUnraveling threadsAs its title suggests, “High & Low” scrutinizes the designer’s extraordinary rise and dramatic flameout. John Galliano, pictured at his home in Beauvais, France.

Persons: John Galliano, Dior’s, Sidney Toledano, Galliano, Dior, Bernard Arnault, Arnault, Toledano, ”, Perle, Hitler, ” John Galliano, France —, Dominique Charriau, decamped, Low, Kevin Macdonald, I’d, ” Macdonald, “, ’, Macdonald, Anna Wintour — Galliano’s, —, Wintour, ’ ” Macdonald, shouldn’t, I’m, John —, Nicholas Matthews Galliano, Nicholas Matthews, ” Johann Brun, John, “ John, ” Galliano, John Galliano’s, Derek Hudson, He’s, you’d, John then, Tim Blanks, Cecil B, DeMille, Kate Moss, Jamie Hince, Oscar de la, Maison, Pat McGrath, Galliano’s, it’s Organizations: CNN, Paris Fashion, Couture, Rodin, Dior, Hulton Locations: Paris, France, Scottish, Couture, Beauvais

☆ Zimbabwe, After Expelling U.S. Officials, Accuses Them of Promoting ‘Regime Change’
▼ + stars: | 2024-03-12 | by ( John Eligon | ) www.nytimes.com time to read: +1 min

The government of the southern African nation of Zimbabwe detained, interrogated and deported officials and contractors working for the United States government last month, and this week accused them publicly of promoting “regime change” in their country. The incident is the latest in the Zimbabwean government’s aggressive efforts to thwart both domestic and international challenges to its authority. The incumbent government claimed victory in a chaotic election last year that several independent observer missions said lacked fairness and credibility. But it also points to a deeper tension over the United States’ proclaimed efforts to promote democracy around the globe. Leaders in Zimbabwe have grown closer in recent years to both China and to Russia, and have supported Russia’s invasion of Ukraine.

Persons: United States ’ Organizations: United Locations: Zimbabwe, United States, China, Russia, Ukraine

☆ NATO's newest member says it's ready to fortify a strategic island in the middle of the Baltic Sea close to Russia
▼ + stars: | 2024-03-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Sweden is considering reinforcing Gotland, a strategic island in the Baltic Sea, after joining NATO. AdvertisementSweden is open to re-fortifying a crucial island in the Baltic Sea now that it's joined NATO, its prime minister said. "That goes in terms of presence on Gotland, but also in terms of surveillance, in terms of submarine capabilities." Gotland marked with an arrow in the Baltic Sea. Gotland is considered to hold a key strategic position in the Baltic Sea, and is often referred to as an "unsinkable aircraft carrier."

Persons: —, it's, Ulf Kristersson, Kristersson, Tom Porter, Anna Wieslander, Eric Adamson, Carl, Oskar Bohlin Organizations: NATO, Service, Financial, Google, Atlantic, FT, Atlantic Council, BBC Locations: Sweden, Gotland, Baltic, Estonia, Latvia, Lithuania, Finland, Poland, Swedish, Russian, Kaliningrad, Crimea, Ukraine, Russia

☆ Jeremy Grantham says outlook for U.S. stocks is as poor as ever, sees initial AI bubble eventually bursting
▼ + stars: | 2024-03-12 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Jeremy Grantham, famed investor with a history of calling bear markets, issued a bearish long-term outlook for the stock market on Tuesday, seeing the dramatic rally in artificial intelligence-related stocks as a speculative bubble. He foresaw the dot-com bubble bursting in 2000 and the 2008 bear market, and he also correctly called the bear market in 2022. The S & P 500 has rallied since late October 2023 to hit consecutive record highs, powered by megacap technology names. Dominant AI chipmaker Nvidia has rallied another 81% this year, following a near 240% advance in 2023. Grantham, now 85, believes the full effects of technological revolutions like AI often don't materialize until after an initial bubble bursts.

Persons: Jeremy Grantham, Grantham, Van Otterloo Organizations: Co, Nvidia Locations: Boston, Grantham, Mayo

☆ How a single mom with four kids who drives for DoorDash and Walmart Spark struggles to make ends meet: 'It is a never-ending vicious cycle'
▼ + stars: | 2024-03-12 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Bri, a single mom of four, is struggling to make ends meet driving for DoorDash and Walmart Spark. Bri turned to gig driving after a knee injury made her previous job at an Amazon warehouse untenable. Gig driving with a disabilityBri was a business owner in home healthcare, but once the pandemic struck, she lost access to many of her clients. She was unsure how long Amazon's disability payments would last, and gig driving was one of her only options. She's driving her daughter's car after she wrecked hers a few months ago.

Persons: Bri, —, aren't, Lyft, Uber, DoorDash, She's, GrubHub, she's, hasn't, there's, I've Organizations: DoorDash, Walmart, Service, Business, Doordash, Amazon, Down, UPS Locations: Fort Worth , Texas, New York City, Galveston, Texas, bam, DoorDash

☆ Former Trump official files class-action lawsuit seeking $50 million for lawmakers who say they haven't been paid enough
▼ + stars: | 2024-03-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewYou may have heard that some lawmakers think the $174,000 annual salary for rank-and-file House and Senate members is too low. Since 2009, rank-and-file lawmakers' salaries have remained flat at $174,000 because government funding bills have included a provision explicitly blocking a modest pay increase that would otherwise happen. Rep. Rick Crawford of Arkansas is among the current and former lawmakers suing the United States over their salaries. "People who don't like it should take it up with James Madison," Cuccinelli added, referring to the fourth US president and the original proponent of the 27th Amendment. That suit also alleged a violation of the 27th Amendment, though a judge later dismissed the case.

Persons: —, it's, Ken Cuccinelli, Rick Crawford of, wasn't, You've, Democratic Ed Perlmutter, Republican Rodney Davis, Republican Tom Davis of, Tom Williams, Donald Trump, Ron DeSantis, James Madison, Cuccinelli, I'm, Nancy Pelosi, Crawford — Organizations: Service, Business, Trump White House, POLITICO, Republican, Representatives, Democratic, Colorado, Homeland Security Locations: Rick Crawford of Arkansas, Illinois, Republican Tom Davis of Virginia, United States, Virginia

☆ I have an invisible disability. Flying is extra stressful, and other travelers don't understand why.
▼ + stars: | 2024-03-12 | by ( Andrea Mckenna Brankin | ) www.businessinsider.com time to read: +6 min

Traveling can be stressful for everyone, but even more so for me, as I have bipolar disorder. Many of my trips are long, especially the ones to the US, so it can take up a lot of space. Being prepared for the trips with bipolar disorder means eating well and getting a lot of good rest and exercise before the trip. AdvertisementI don't use sleeping pills, but I do take melatonin a few days before a long flight and continue for as long as needed once I arrive. Having bipolar disorder always presents daily challenges whether I'm in the air or on the ground.

Persons: I've, it's, I've unpacked, Andrea McKenna Brankin, —, she's, Harry Potter, Mischief, that's Organizations: Service, World Health Organization Locations: Chicago, Singapore, Asia, Southeast Asia, San Francisco

At least 50 people were injured Monday by what LATAM Airlines described as a “strong movement” on the Chilean plane traveling from Sydney to Auckland, New Zealand. “Some of the roof panels were broken from people being thrown up and knocking through the plastic roof panels in the aisle ways. Passengers were met by paramedics and more than 10 emergency vehicles when the flight touched down in Auckland. “If you were in your seat, you went straight up to the ceiling and bounced off the roof. I just happened to be one of the lucky ones who was strapped in for that incident,” Jokat told ABC.

Persons: Brian Jokat, ”, LATAM, LA800, ” Jokat, “ Organizations: SYDNEY, LATAM Airlines, Boeing, Auckland Airport, ABC, ” LATAM Airlines, Passengers Locations: Australia, New Zealand, Sydney, Auckland , New Zealand, Santiago, Chile, Auckland

☆ Key classified documents witness who worked at Mar-a-Lago for 20 years comes forward and says Trump case is 'not a witch hunt'
▼ + stars: | 2024-03-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Read previewA former Mar-a-Lago employee who is cooperating with federal investigators in Donald Trump's classified documents case says the charges against the former president don't constitute a "witch hunt." Butler told the outlet that he unwittingly helped Trump staffers move 10-15 boxes of sensitive records in June 2022. "I think the American people have the right to know the facts, that this is not a witch hunt," Butler said. Trump has characterized the case — as well as his myriad other legal troubles — as a politically-motivated witch hunt, and has made several ongoing efforts to have the case tossed. "This is so much bigger than me," Butler told CNN.

Persons: —, Donald Trump's, Brian Butler, Jack Smith, Butler, Trump, Walt Nauta, Carlos de Oliveira, who's Organizations: Service, Trump, CNN, Business, Mar

Eating regular, healthy meals, especially shared with loved ones , has also been linked with healthy aging, Thornton-Wood said. Strength training also helps minimize the loss of bone density, which is important for healthy aging, Worthington said. In particular, if you have a strong family history of heart disease, it's important to lay the foundation for a proactive heart health plan now." The American Heart Association recommends following the DASH diet , which stands for Dietary Approaches to Stop Hypertension, for heart health. AdvertisementShe said that giving up smoking is the single most important thing you can do for your heart health.

Persons: It's, —, Bryan Johnson, Elaine LaLanne, it's, Clare Thornton, Wood, Thornton, Luke Worthington, Worthington, Nicole Harkin, Harkin, Joanne Whitmore, Whitmore, Charles Puza, Puza, Dale Bredesen, Bredesen Organizations: Service, Business, Getty, Disease Control, Cardiology, American Heart Association, British Heart Foundation, American Academy of Dermatology, Buck Institute for Research, Aging Locations: Thornton, barre, San Francisco, New York, California

☆ How Wealthy Investors Got Rich Looting America's Needy Hospitals
▼ + stars: | 2024-03-11 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +21 min

That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.

Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's

☆ 'The ultimate adventure': Why more Indian travelers are taking extreme road trips
▼ + stars: | 2024-03-11 | by ( Kalpana Sunder | ) www.cnbc.com time to read: +5 min

More Indians are taking road trips these days — both within the country and beyond, solo and in groups — as access to better vehicles and better roads grows in the country. However, Sai took her first road trip back in 2016, before it became a trend. Sai now runs an overland driving company that organizes road trips across countries like Namibia, Georgia, Armenia, Nepal and Mongolia. Source: Rishad Saam Mehta,Since then, Mehta has taken more than 100 road trips across some 50 countries. Agarwal has traveled to 92 countries and gone on road trips in six continents.

Persons: Meenakshi Sai, she's, Sai, There's, Pollachi —, Meenakshi, —, Saam Mehta, Rishad Saam Mehta, Mehta, Tushar Agarwal, Sanjay Madan, Agarwal, Madan Organizations: Tata Motors, Ferrari, Bavarian, Toyota, Ford, Discovery Locations: Coimbatore, India, St . Petersburg, Russia, Thailand, Manipur, India's, Bangkok, London, Mumbai, Poland, Uzbekistan, Meenakshi Sai, Kyrgyzstan, Namibia, Georgia, Armenia, Nepal, Mongolia, Delhi, Ladakh, China, Munich, Austrian, Spiti, Northern India, New England, Jordan, …, Australia

Minnesota, which had the most organized effort outside of Michigan, saw 1 in 5 Democratic voters mark the “uncommitted” option, a higher percentage than the 13% who voted uncommitted in Michigan. Supporters of the protest argue anger over the war could endanger Biden’s chances in swing states like Michigan against former President Donald Trump in their likely rematch. As Biden’s supporters are quick to point out, the “uncommitted” vote isn't a historical anomaly. Biden has won every state's primary contest so far and is on track to clinch the nomination this month. Minnesota voter Sarah Alfaham voted in the state's Democratic primary — as she has for many years — but opted to mark “uncommitted” on her ballot.

Persons: Joe Biden's, “, Donald Trump, Biden’s, Trump, Biden, Waleed Shahid, Lauren Hitt, ”, He’s, Hitt, Barack Obama’s, Ro Khanna, Shahid, Khanna, uncommitted, Sarah Alfaham, “ Joe Biden, Alfaham, Marcus Casillas, “ uncommitted, they've, they’ve, Asma Nizami, Minnesota's, Jesse Bedayn, Mark Vancleave Organizations: Biden, Democratic, Tuesday, Michigan, United Food, Commercial Workers, Washington, State, Associated Press Locations: LANSING, Mich, Israel, Michigan, Minnesota, Wisconsin's, Gaza, California, U.S, Colorado's, Washington, Littleton , Colorado, Bloomington , Minnesota

☆ China says it plans to boost these industries. Stocks to play the trend
▼ + stars: | 2024-03-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

"MS' Economics team believes that the announced fiscal package is insufficient to boost the economy as fiscal package remains supply-centric," Wang said. "Policy support for developing advanced production capacity will lead to increased capex in associated value chains like the industrials and IT sectors," the HSBC analysts said. All four stocks are listed in Shenzhen: Inovance — as a seller of factory automation components, Inovance should "benefit from the recovery of the discrete automation market in 2024," the HSBC analysts said. The HSBC analysts expect Innolight to increase its sales of its most advanced product, and introduce an even better product in the fourth quarter. Sanqi Entertainment — HSBC analysts expect this gaming stock can nearly double to 36 yuan a share.

Persons: Steven Sun, Wu Qing, Morgan Stanley, Laura Wang, Wang, Xi Jinping, Michael Bloom Organizations: Beijing, Authorities, HSBC, Finance, Information, Inovance, Naura Tech, Sanqi Entertainment — HSBC Locations: China, HSBC China, Shanghai, Beijing, Chongqing —, Shenzhen

☆ Opinion | Why Haley Voters Should Support Biden
▼ + stars: | 2024-03-10 | by ( David French | ) www.nytimes.com time to read: +2 min

Last Wednesday, a day before he delivered a rousing State of the Union address, Joe Biden issued an invitation to the roughly 30 percent of Republican primary voters who had voted for Nikki Haley in the G.O.P. After all, Trump said on Truth Social that anyone who made a “contribution” to Haley would be “permanently barred from the MAGA camp.” Biden, by contrast, acknowledged differences of opinion with Haley voters but argued that agreement on democracy, decency, the rule of law and support for NATO should unite Haley voters against Trump. Is there an argument that could persuade a meaningful number of Haley conservatives to vote for Biden? that is sprinting away from Reagan — and from Haley Republicans — as fast as MAGA can carry it. Given the power imbalance in a Trump G.O.P., that means that for the foreseeable future traditional conservatives will face a choice: conform or leave.

Persons: Joe Biden, Nikki Haley, Donald Trump doesn’t, Trump, Haley, MAGA, ” Biden, Biden, ” They’re, Ronald Reagan, Reagan —, Haley Republicans —, Reagan Organizations: Republican, NATO, Trump, Republican Party, Democratic Party, Haley Republicans, Reagan Republicans Locations: Trump

☆ Hiring managers 'spend 25 times longer on your LinkedIn' than your resume, says ex-Amazon recruiter—how to impress them
▼ + stars: | 2024-03-10 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Recruiters notoriously spend little time on your resume — as little as three-to-five seconds, according to former Disney recruiter Simon Taylor. But it turns out that when it comes to your LinkedIn profile, they may be more lenient. "I spend 25 times longer on your LinkedIn profile" than your resume, says Lindsay Mustain, former Amazon recruiter and current CEO of career coaching company Talent Paradigm. Unlike a resume, they're not limited to one or two pages. It could be a post about something that's frustrating you about your industry, what Mustain calls "mini soapbox rants."

Persons: Simon Taylor, They're, Lindsay Mustain, they're, she's, It's Organizations: Disney, Amazon, Talent

☆ A former investment banker shares the strategies she's using to build long-term wealth, including 3 mental tricks she used to save six figures
▼ + stars: | 2024-03-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

It also helped that she'd built six figures in savings, according to screenshots of her savings and investing accounts viewed by BI. She elaborated on her stock market and real estate investing strategies. While anyone can invest in the stock market starting with as little as $1 thanks to micro-investing platforms, owning real estate typically involves bigger upfront costs. "I could put down a 20% deposit, and then the bank will lend me 80% to buy this asset," she said. The cash flow you can generate from real estate is "far greater than what you'll get from most other investments," said Shah.

Persons: Nischa Shah, Shah, she'd, she's, It'll, —, — Organizations: Business, YouTube, BI, Fidelity, Vanguard Locations: London, Real

☆ Monetary vs. fiscal policy: How each works and their impact on the stock market
▼ + stars: | 2024-03-10 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

In contrast, monetary policy refers to actions taken by a country's authority on money — the Federal Reserve in the U.S. — to reach a desired economic outcome. Fiscal policy and monetary policy are implemented independently, even as one impacts the other. Expansionary fiscal policy combined with contractionary monetary policy. Contractionary fiscal policy combined with expansionary monetary policy. Now consider a situation in which the Fed is easing its monetary policy while Washington raises taxes, thus reducing after-tax income.

Persons: it's, we've, Apple, Jim Cramer's, Jim Cramer, Jim Organizations: Federal, White House, nab, Federal Reserve, U.S, CNBC, Treasury, Fed, Companies, Jim Cramer's Charitable Locations: U.S, Washington

So were the page-long passages and the pressure to speed-read them. Optional, and only for taking notes. On Saturday, students in America took the newest version of the SAT, which was shorter, faster — and most notably, all online. Some exams were briefly mired by technical glitches, but even so, many test takers had positive views about the new format. “It’s here to stay,” said Harvey Joiner, 17, a junior at Maynard H. Jackson High School in Atlanta, referring to the digital format.

Persons: “, ”, Harvey Joiner, Maynard H Organizations: Jackson High School Locations: America, Atlanta

☆ Pfizer is betting big on cancer drugs to turn business around after Covid decline – here's what to know
▼ + stars: | 2024-03-10 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. That $43 billion Seagen acquisition doubled Pfizer's oncology drug pipeline to 60 different experimental programs. Some analysts noted that it might take a few years for some of Pfizer's cancer drugs in mid-stage development to show pivotal clinical trial data and become less risky. Revenue from the blockbuster breast cancer drug Ibrance and prostate cancer treatment Xtandi, which Pfizer shares with Astellas Pharma, has declined over the past year. They are among the most expensive prescription drugs in the U.S. Before the Seagen deal, 94% of Pfizer's cancer products were small-molecule drugs.

Persons: Wall, Seagen, Chris Boshoff, Boshoff, David Ryder, Trung Huynh, Joe Biden's, Chris Schott, Suneet Varma, RemeGe, Merck, Padcev, Guggenheim, Pfizer's, Pfizer hasn't, Dr, Mikael Dolsten, Irfan Khan Organizations: Nurphoto, Getty, Pfizer, Astellas Pharma, Guggenheim, Bloomberg, UBS, Medicare, Drug Administration, FDA, ADC, JPMorgan, Drugs, CNBC, CVS Pharmacy, Los Angeles Times Locations: Covid, Bothell , Washington, U.S, biologics, China, Eagle Rock , California

☆ How the Canadian mortgage model could help unfreeze the housing market
▼ + stars: | 2024-03-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Read previewCopying the way mortgages work in countries such as Canada and the UK could help thaw the frozen US housing market, experts say. Prospective buyers are also balking at paying such high mortgage rates, especially when national home prices are near record levels, fueling an affordability crisis. AdvertisementOffering portable mortgages would enable hesitant sellers to keep their rock-bottom mortgage rates when they move, potentially boosting overall inventory and transaction volumes. She suggested the best fix for the frozen housing market will be if inflation cools, the Fed cuts interest rates, and mortgage rates fall to historical norms. Fannie Mae and Freddie Mac, the government-sponsored enterprises that direct the mortgage market, would have to be on board to make mortgage portability a reality, but that doesn't appear to be the case.

Persons: —, Julia Fonseca, Fonseca, Richard Martin, University of Georgia's Terry, Susan Wachter, Wachter, Fannie Mae, Freddie Mac Organizations: Service, Business, University of Illinois, University of Georgia's, University of Georgia's Terry College of Business, The Wharton School, Federal Reserve, Federal Housing Finance Agency, American Banker Locations: Canada, University of Illinois Urbana, Champaign, conservatorship

☆ Out of options, Trump will pay $500M cash bond to appeal his NY fraud case, experts predict. Not paying will hurt even more.
▼ + stars: | 2024-03-09 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Trump must stow $500M cash in a bank to cover the appeal bond for his NY fraud case, experts say. His next appeal bond will cost him far more. By posting another appeal bond. Similar to the more familiar jail bond, an appeal bond is a promise of payment that's backed by collateral, meaning cash or property. The premium on a half-billion-dollar appeal bond could run anywhere from $250,000 to north of one million dollars, just to purchase the bond, experts guestimated.

Persons: Trump, —, Donald Trump, Jean Carroll, Letitia James —, Sheriff, Eric Snyder, Snyder, Arthur Engoron, Wilk Auslander, He's, Julie Alleyne, Carroll, Chubb, Evan G, Greenberg, Neil Pedersen, Pedersen, Alleyne, Cash, Jeff Bezos, Elon Musk, Christopher Kise, — Chubb, Letitia James, James, Roy Rochlin, Justin Sullivan Organizations: stow, Service, Trump, New York, New, NRA, Fox, Wilk, Fidelity Association of America, Federal Insurance Company, Chubb Group, Sons, Forbes, Bloomberg, ABC, Midtown, Financial, Getty Locations: NY, Manhattan, New York, New York City, Americas, Midtown Manhattan, New Yorkers

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