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The TV drama “Breaking Bad” does an exceptional job of capturing America’s other exceptionalisms. So Walter turns to yet another American institution that stands out among the nation’s peers: a vast and violent drug trade. Walter worries about his family’s future — especially that of his son, Walt Jr., who has cerebral palsy. But Walter Jr. is talented: In an episode that aired one year before the crowdfunding site GoFundMe was founded, Walt Jr. designs a website to solicit donations to help pay for his dad’s cancer treatment. 1 cause of bankruptcy in the United States.
Persons: topick, Alexis de Tocqueville, Barack Obama, , Ronald Reagan, Walter White, Walter, , Walt Jr, Walter Jr, Walt, Jr, , don’t Organizations: Caltech, National Rifle Association Locations: America, United States, GoFundMe, Covid
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 5, 2023. Traders now see a 63% chance the central bank will raise interest rates in July, up from 60% earlier on Wednesday, according to the CME Fedwatch tool. According to preliminary data, the S&P 500 gained 3.83 points, or 0.09%, to end at 4,372.84 points, while the Nasdaq Composite gained 53.16 points, or 0.39%, to 13,626.48. The S&P 500 health sector index and the S&P 500 managed healthcare index both fell. The S&P 500 is up about 14% so far in 2023, while the Nasdaq has climbed about 30%.
Persons: Brendan McDermid, , Sam Stovall Organizations: Reuters, Federal Reserve, New York Stock Exchange, REUTERS, Market, CFRA Research, Traders, Nvidia, Broadcom, Nasdaq, Dow Jones, Dow, UnitedHealth, Universal Health Services, HCA Healthcare Locations: New York City, U.S
Like most countries in sub-Saharan Africa, Democratic Republic of Congo has no universal health coverage, and most cannot afford what limited care there is. Bethesda's head doctor Emmanuel Mpumpa, whose sister died in labour a few years ago because she could not afford hospital care, said keeping patients in was regrettable but necessary. "We bought a few of the prescribed medicines but could not afford the doctors and hospital," said Annaelle's mother, Yvette Kalongo. When Umek paid, the ordeal was over. The young mothers uttered their thanks, wrapped their babies in blankets and made their way home through the neighbourhood bustle.
Persons: Grace Mbongi Umek, Read, she'd, Annaelle, Felix Tshisekedi's, Bethesda's, Emmanuel Mpumpa, Yvette Kalongo, Umek, Paul Lorgerie, Sofia Christensen, Edward McAllister, Sharon Singleton Organizations: Bethesda Medical Center, Democratic, United Nations, World Bank, Bills, Thomson Locations: Ngaba, Kinshasa, Democratic Republic of Congo, KINSHASA, Bethesda, Congo's, Saharan Africa
Below are the main issues in the election:HEALTHCAREIn the wake of the COVID-19 pandemic, healthcare has become a big issue in Alberta. The UCP last month committed to keeping Alberta's publicly-funded healthcare system, contrasting with comments previously made by Smith about dismantling universal healthcare paid for by taxpayers. The UCP has pledged to lower taxes by creating a new 8% tax bracket on income under C$60,000 ($44,033.47). ENERGY AND CLIMATEBoth the UCP and NDP are supportive of the energy sector, recognising it as Alberta's main economic engine. ($1 = 1.3626 Canadian dollars)Reporting by Nia Williams; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Americans have been moving to Portugal for years, and the pandemic accelerated the trend further. The Bagbys are part of a wave of Americans who have moved to Portugal, a country roughly the size of Indiana. "It's a very reasonable cost of living," Zaretsky told Insider. Zaretsky paid 600,000 euros for the house in Portugal after selling her Austin, Texas, home for $676,000. Portugal has a strong tourism economy, and its shoulder season draws large crowds, making the petite coastal country feel tight.
To understand the importance and unimportance of Tucker Carlson, it’s necessary to rewind the clock all the way back to the period just after Donald Trump won the 2016 election. It’s easy to forget now that Trumpism is so well known and understood, but many conservatives didn’t quite know what the Trump years would bring. We knew who Donald Trump was, but we didn’t know what Trumpism would be. would become more like the man or if the man would become more like the G.O.P. to be just as cruel, just as dishonest and sometimes even more populist than Donald Trump himself.
"Investors are okay with earnings so far because the lack of bad news is good news," said Adam Sarhan, chief executive of 50 Park Investments. "The market is waiting to see if we can get some bullish earnings over the next few weeks from some of the big cap tech stocks." A slate of Fed speakers this week voiced support for another 25-basis-point rate hike by the U.S. central bank when it meets next week. Declining issues outnumbered advancers by a 1.42-to-1 ratio on the NYSE and a 1.30-to-1 ratio on the Nasdaq. The S&P index recorded 18 new 52-week highs and three new lows, while the Nasdaq recorded 27 new highs and 78 new lows.
Rep. George Santos insulted his potential Dem rival's chin during a heated Twitter exchange. The tweet backfired on Santos, who faced quick backlash and raised the profile of his opponent. "Corrective jaw surgery helped me breathe normally & saved my life," Josh Lafazan fired back. Lafazan, who lost his Democratic primary bid for the House seat in 2022, at one point wrote that he wouldn't need to lie to get elected, unlike Santos. "I'll be donating to Josh," wrote another.
But with increasing patient demand and complexity, there are not enough doctors in the healthcare system to match that level of care, he said. With its promise of free universal healthcare, the UK's National Health Service has long been a source of national pride. A growing number of clinicians are becoming "doctorpreneurs," applying their first-hand experience in healthcare to build startups to help fill that gap. As clinicians in the UK expand their startups abroad, they predict the doctorpreneur trend will become a global phenomena — with health startups in other countries looking to the UK for inspiration. Selim noted that many doctors — across continents — are also incentivized by a unifying mission, which is to offer patients hope.
The S & P 500 rose about 0.8% this week, notching its fourth weekly advance in five weeks. However, the S & P 500's steady run of late made several stocks overbought. CNBC Pro screened for S & P 500 stocks in overbought territory, based on their relative strength index. Too oversold CNBC Pro also searched for oversold S & P 500 stocks that could be due for a bounce. Qorvo shares have lagged the S & P 500 this year, advancing just 3.2%.
Rep. Alexandria Ocasio-Cortez argued some Democrats don't sincerely support Medicare for All. She said the Senate's 60-vote filibuster lets them to rhetorically support it but not fight for it. She argued dismantling the filibuster is the "precursor" to passing progressive priorities. The most recent House version of the bill, introduced in 2021, garnered 123 co-sponsorships — more than half of the House Democratic Caucus at the time. Filibuster frustrationsThe filibuster stymied Democrats during the first two years of the Biden administration when they held slim majorities in both the House and Senate.
expansion Child care provider grants Food assistance ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Emergency food benefits Free school meals Through Sept. 2026 Remote WIC services Paused work requirement No expiration Meals outside of school No expiration Food benefit increase WIC increase Health care ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Medicaid continuity Through Dec. 2025 A.C.A. subsidies Subsidized COBRA Housing ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Foreclosure ban Eviction ban Through Sept. 2025 Rental aid Through Sept. 2030 Housing vouchers Unemployment ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Self-employed qualify Relaxed rules Extended duration Extra $600/week Extra $300-$400/week Extra for self-employed Extra $300/week Note: The selection of programs is not comprehensive, but it represents those with the highest costs or those affecting the most people. PROGRAM DURATION ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Emergency food benefits Gave all households maximum Free school meals For all children Remote WIC services Waived need to appear in person Through Sept. 2026 Paused work requirement For adults without kids Meals outside of school Summer meals made permanent No expiration Increase in max. PROGRAM DURATION ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Foreclosure moratorium For federally backed mortgages Eviction moratorium Rental assistance New emergency program Through Sept. 2025 Housing vouchers Additional funding Through Sept. 2030 Note: While funding for emergency housing vouchers is available through September 2030, vouchers cannot be issued to new households after September of this year. PROGRAM DURATION ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Benefits for self-employed Including gig workers Relaxed rules Work searching not required Extra weeks of benefits Up to 53 additional Extra $600 per week Extra $300-$400 per week Depending on the state Extra for self-employed $100 more per week Extra $300 per weekAnother is support for families with young children.
Zus Health launched in 2021 with $34 million from investors including Andreessen Horowitz, F-Prime Capital, Maverick Ventures, and Rock Health. Bush, Zus' CEO, told investors in a pitch, per a video Bush sent to Insider. Bush told Insider he was "blessed" to have his stake in the company diluted in this fashion, given the funding climate. "There's all these little pieces, but all of them are just re-clipboarding because nobody has a common clinical story," Bush told investors. Here's the deck Zus used to raise $40 million from Andreessen Horowitz, F-Prime Capital, Maverick Ventures, and Jazz Venture Partners.
Zus Health, his new startup, aims to continue some of his work at Athena to digitize patient health. Zus Health launched in 2021 with $34 million from investors including Andreessen Horowitz, F-Prime Capital, Maverick Ventures, and Rock Health. Bush, Zus' CEO, told investors in a pitch, per a video Bush sent to Insider. Bush told Insider he was "blessed" to have his stake in the company diluted in this fashion, given the funding climate. "There's all these little pieces, but all of them are just re-clipboarding because nobody has a common clinical story," Bush told investors.
Bernie Sanders told Insider that she'll run a "strong campaign and raise very important issues." Sanders has said he supports Biden in 2024, but his praise for Williamson contrasts with other Democrats. Williamson — a self-help author, spiritual leader, and 2020 presidential candidate — is currently the only well-known Democrat to officially launch a presidential campaign. "I'm sure she's going to run a strong campaign and raise very important issues." Democratic Sen. Elizabeth Warren of Massachusetts, by contrast, was firm in her support for Biden when asked about Williamson's campaign.
Hims & Hers Health — Shares of the telehealth stock soared by 17% after the company reported quarterly results that surpassed estimates. However, Target's full-year earnings guidance came in below expectations. Zoom's full-year revenue guidance came in lighter than expected, but topped estimates on its earnings guidance for 2023. Norwegian Cruise Line Holdings — The cruise company fell 12% after reporting a wider-than-expected loss for the fourth quarter. Analysts surveyed by Refinitiv had forecast an 85 cents per share loss on revenue of $1.5 billion.
The optimism about inflation and the U.S. economy is quickly waning on Wall Street, and the early 2023 rally for stocks is fading. The market was under pressure again on Friday after a hotter-than-expected reading for personal consumption expenditures, sending rates higher and stocks lower. Economic updates Next week brings a new round of economic indicators to see how the sticky inflation is affecting consumers and business. Other looks at the economy will come through key earnings reports. Speech by Fed Governor Christopher Waller Friday: 9:45 a.m. Markit Services PMI 10:00 a.m. ISM Services PMI 3:00 p.m.
London CNN —US group Cleveland Clinic will open its third London facility this autumn as demand for private health care booms in the United Kingdom — sparked in large part by long wait times to access treatment on the National Health Service (NHS). “We are excited to be expanding our London footprint with a third location, in the heart of the City of London,” said Tommaso Falcone, interim CEO of Cleveland Clinic London. Cleveland Clinic is one of several major private health care providers expanding rapidly in the United Kingdom to keep up with demand from a much broader swathe of the population than ever before. Also building new UK facilities this year are HCA Healthcare — another American group — and private hospital group Spire Healthcare. NHS wait timesThe demand is being fueled by long wait times to access care on the NHS.
The richest Black mothers and their babies are twice as likely to die as the richest white mothers and their babies. Yet there is one group that doesn’t gain the same protection from being rich, the study finds: Black mothers and babies. The researchers found that maternal mortality rates were just as high among the highest-income Black women as among low-income white women. The richest Black women have infant mortality rates at about the same level as the poorest white women. Generally, rates for Hispanic mothers and Asian mothers track more closely with those of white mothers than Black mothers.
Private hospital groups flourishTo keep up with growing demand for their services, private health care providers are expanding at a rapid clip. CEO Justin Ash estimates that the market for private health care in the United Kingdom has doubled since before the pandemic to 15 million people. Ash said that appetite for private health care spans a much broader set of ages and incomes than in the past. “We’ve clearly moved into a world in which we’re all NHS patients but have episodes of private care,” he said. There is no universal health care in America and most people have private health insurance because health care is very expensive.
Deutsche Bank updated its list of favorite stock picks to include its 33 best ideas for 2023. The firm says its portfolio of top ideas has doubled in value in a little more than five years. Today, its best ideas include significant bets on industrials and consumer-focused companies. Deutsche Bank isn't expecting a repeat of that dynamic — at least, not to the same degree. This week the firm updated its quarterly list of its highest-conviction stock ideas, and there are no oil and gas companies represented among its analysts' 33 favorites picks.
It has been a strong fourth quarter for the S & P 500 — and its leading stocks are poised for even larger gains. The S & P 500 is on pace to end the quarter up 6.2%, through Thursday's market open. As a result, the benchmark S & P 500 index will see its first quarterly advance this year, limiting the full-year loss to a little less than 20%. CNBC Pro looked at the 10 best performing stocks in the index this quarter, using data from FactSet through Wednesday's close. But the average analyst expects the price to be little changed over the coming year.
DeSantis wrote the book during the Tea Party movement and before he ran for Congress. He did so throughout his 2011 book, "Dreams from Our Founding Fathers: First Principles in the Age of Obama." According to NPD BookScan, which tracks retail sales of US print books, "Dreams from Our Founding Fathers" sold 125 copies through July of 2022. In one section of the book, DeSantis wrote that Obama lacked the humility of George Washington, the first US president. Obama, DeSantis wrote, "garnered flattering media coverage by a press thoroughly enamored with his progressive politics."
DeSantis wrote the book during the Tea Party movement and before he ran for Congress. He did so throughout his 2011 book, "Dreams from Our Founding Fathers: First Principles in the Age of Obama." DeSantis wrote the book as he was coming of age in politics during the Tea Party movement. In one section of the book, DeSantis wrote that Obama lacked the humility of George Washington, the first US president. Obama, DeSantis wrote, "garnered flattering media coverage by a press thoroughly enamored with his progressive politics."
On the contrary, he’s fired Twitter employees who publicly disagreed with him about engineering issues at the company. Musk originally claimed he bought Twitter because he wanted to encourage more free speech on the platform. But no one should be surprised that “free speech” for Musk really means free speech for the powerful. But that doesn’t make him an avatar of free speech. But like other bosses, he’s got a genius for manufacturing unfreedom.
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