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Opinion: America's New Nihilism

  • Opinion: America's New Nihilism Opinion: America's New Nihilism 4:08
    The Promise and Peril of Fast-Tracking Coronavirus Vaccine Development The Promise and Peril of Fast-Tracking Coronavirus Vaccine Development 8:14
    How to Properly (and Safely) Disinfect Your Home How to Properly (and Safely) Disinfect Your Home 4:38
    How AI helps doctors diagnose diseases more accurately How AI helps doctors diagnose diseases more accurately 2:13
12:59 a.m. Today - By Jennifer Nelson
How to know when it’s time to step in and manage a parent’s finances Actions you can take when an elderly parent’s cognitive decline impairs their money managementSigns of financial cognitive decline include not paying bills, not opening mail, excessive shopping and more.
12:30 a.m. Today - Barrons.com
GlaxoSmithKline’s Promising Drug Pipeline Should Boost Stock GlaxoSmithKline’s stock is worth the attention for drug developments that aren’t yet factored into its value. Its trial of Cabotegravir, a regular injection to prevent HIV infection, has found early success.
8:34 p.m. June 3, 2020 - By Jillian Berman
Should you attend college next fall? Before deciding, here are all the questions you should NOT be afraid to ask Questions families to consider amid the coronavirus pandemic cover students’ financial, physical and mental healthQuestions families to consider amid the coronavirus pandemic cover students’ financial, physical and mental health.
2:25 p.m. June 3, 2020 - By Greg Robb
Private sector shed 2.76 million jobs in May, ADP says, far less than forecast Economists were expecting 8.66 million job lossesPrivate-sector companies shed 2.76 million in May, according to data from Automatic Data Processing Inc.
2:20 p.m. June 3, 2020 - By Lina Saigol
Britain’s home secretary stands by controversial 14-day quarantine for travelers despite fierce criticismBritain’s home secretary said strict quarantine measures were needed to protect the health of the British people and that she “won’t allow a reckless minority to put quarantine at risk.”
2:20 p.m. June 3, 2020 - By Liz Lucking
Outdoor dining OK’d for New York areas in Phase 2 as statewide coronavirus numbers hit new lows While the virus remains a threat, it’s ‘going better than it has ever gone in New York,’ Gov. Cuomo says, as Phase 1 reopening nears in the cityTables must be 6 feet apart and staff must wear face coverings.
2:05 p.m. June 3, 2020 - Associated Press
Doctors kept close eye on Trump while he was taking hydroxychloroquine ‘The president remains healthy,’ White House doctor says after annual physicalThe White House medical team kept a close eye on President Donald Trump’s heart rhythms, including at least one electrocardiogram, to watch for potential side effects when he took a two-week course of a malaria drug to try to prevent the coronavirus, his doctor reported Wednesday.
1:16 p.m. June 3, 2020 - By Jacob Passy
Black Americans face an unequal housing market and nearly 25% of Americans have no emergency savings Wednesday's top personal finance stories Wednesday's top personal finance storiesWednesday's top personal finance stories
1:08 p.m. June 3, 2020 - By Silvia Ascarelli
States reopen after coronavirus lockdowns: Florida joins list of states putting bars back in business U.S. states all have their own definition of ‘reopening’U.S. states all have their own definition of “reopening.”
1:07 p.m. June 3, 2020 - By Quentin Fottrell
Nearly 25% of Americans have no emergency savings: Lost income due to coronavirus is piling on even more debt There’s growing concern among many people that the economy won’t restart in time to save them from paying the rent, their mortgage or going hungryThere’s growing concern among many people that the economy won’t restart in time to save them from paying the rent, their mortgage or going hungry.
12:39 p.m. June 3, 2020 - By Emily Bary
Fitbit announces new 'low-cost' emergency ventilatorFitbit Inc. announced Wednesday afternoon that it has received emergency-use authorization for a "low-cost" emergency ventilator. The Fitbit Flow ventilator "builds on standard resuscitator bags, like those used by paramedics, with sophisticated instruments, sensors, and alarms that work together to support automated compressions and patient monitoring," the company said in a release. Chief Executive James Park said in the release that the Flow leverages Fitbit's "expertise in advanced sensor development, manufacturing, and our global supply chain" as the company looks to "address the critical and ongoing need for ventilators." The company said that the devices are intended for health-care systems around the world that don't have enough traditional commercial ventilators to meet their needs and that the ventilators are only intended to be used when traditional ones aren't available. Fitbit is in the process of being acquired by Alphabet Inc.'s Google. Shares of the wearables pioneer have dipped 7.5% over the past month as the S&P 500 has added 10%.
11:33 a.m. June 3, 2020 - By Jaimy Lee
Hydroxychloroquine no better than placebo in preventing COVID-19 infections, according to new studyA clinical study evaluating whether hydroxychloroquine can prevent COVID-19 infections in people at risk of contracting the virus found that it isn't more effective than the placebo, according to . The results from the double-blind randomized, placebo-controlled trial of hydroxychloroquine are expected to be published on Wednesday at 5 p.m. in the New England Journal of Medicine. It was conducted by University of Minnesota researchers specifically examining post-exposure prevention. The use of hydroxychloroquine both to treat COVID-19 or prevent disease in high-risk individuals, like frontline health care workers, or among those not at high risk has been steeped in controversy, creating a see-saw effect as researchers and politicians debate the merits and risks of a drug that is used to treat malaria, lupus, and rheumatoid arthritis. President Donald Trump has actively promoted the drug before it received an emergency use authorization from the Food and Drug Administration and recently told reporters that . Earlier this week, a negative study published in The Lancet that indicated the hospitalized patients taking the drug were at higher risk of death has been criticized for inaccuracies in the data. And earlier on Wednesday the World Health Organization hydroxychloroquine in a clinical trial for COVID-19 patients after investigating safety concerns.
11:30 a.m. June 3, 2020 - By Alessandra Malito
Black households have 46% of retirement wealth of their white counterparts People of color have significantly less in retirement wealth than their white peers.
11:22 a.m. June 3, 2020 - By Abby Schultz
Future Returns: Investing to Further Social JusticeCandide Group’s Olamina Fund is financing nonprofit financial institutions that support rural and Native American communities
11:08 a.m. June 3, 2020 - MarketWatch.com
4 simple tips to organize your financial lifeAn easy way to streamline some of life's drudgery.
10:59 a.m. June 3, 2020 - By Greg Robb
Trump is 'healthy,' and results of his physical will be released 'shortly,' White House spokeswoman saysPresident Donald Trump is "healthy," and the administration plans to release the full results of his annual physical "shortly," White House spokeswoman Kayleigh McEnany said Wednesday. McEnany said the physical was conducted "fairly recently" but didn't know its exact date. Eyebrows were raised when Trump appeared to have been taken with some urgency to Walter Reed National Military Medical Center. The White House later said the previously unannounced trip was merely
10:28 a.m. June 3, 2020 - By V.L. Hendrickson 
New York hospitals prepare for a potential second wave of the coronavirus Though numbers in the city have fallen drastically, space is being saved for future patients, and equipment is being bolsteredHospitals are aggressively sourcing PPE to have at least a 90-day supply.
10:27 a.m. June 3, 2020 - By Ciara Linnane
Coronavirus update: Global death toll tops 380,000 as Brazil records biggest one-day increase since start of outbreak As expected, Zoom Video posted blowout earnings as videoconferencing is proving popular during the pandemicThe global death toll from the coronavirus that causes COVID-19 rose above 380,000 on Wednesday after Brazil recorded its biggest one-day increase since the start of the outbreak, and protests about the death of George Floyd in Minnesota last week spread around the world.
9:52 a.m. June 3, 2020 - By Philip van Doorn
What it’s like to buy $9 billion in stocks during a market crash — this fund manager did just that David Giroux of T. Rowe Price describes what life was like during the worst moments of the stock market downturnDavid Giroux of T. Rowe Price describes what life was like during the worst moments of the stock market downturn.
9:32 a.m. June 3, 2020 - By Jillian Berman
‘No matter how well you speak, or how educated you are, my blackness will always define me.’ Black graduates on racism in America ‘This is a stressful situation for a lot of people that look like me’‘This is a stressful situation for a lot of people that look like me.’
9:14 a.m. June 3, 2020 - By Jaimy Lee
WHO to resume hydroxychloroquine studyThe World Health Organization (WHO) said Wednesday that it will resume its clinical trial evaluating hydroxychloroquine as a treatment for COVID-19 following safety concerns. "On the basis of the available mortality data, the members of the committee recommended that there are no reasons to modify the trial protocol," Dr. Tedros Adhanom Ghebreyesus, WHO's director-general, wrote on Twitter. Hydroxychloroquine and chloroquine, which are approved in the U.S. as treatments for malaria, rheumatoid arthritis, and lupus, have been heavily as a potential treatment for COVID-19; however, the scientific community has been split over whether the medicines are a safe treatment for people with COVID-19 based on conflicting preliminary clinical data. A published in The Lancet last month indicated that the drugs may lead to higher death rates among hospitalized COVID-19 patients, but that research has since faced scrutiny citing inaccuracies in the data that was used to support that finding, according to .
9:00 a.m. June 3, 2020 - By Jaimy Lee
Will the protests lead to a spike in coronavirus cases? That depends The virus is thought to be spread by droplets released by talking and limited by social distancing. Yet the reopening of beaches and bars in some regions didn’t lead to a surge in COVID-19 infectionsIt’s unclear whether there will be a surge in COVID-19 infections among the thousands of people who have left their homes to participate in nationwide protests over police brutality.
8:12 a.m. June 3, 2020 - By Quentin Fottrell
Millions of people of color have NO access to affordable health care or quality education — and 2 million Americans lack running water The causes of social unrest go much deeper than the most recent police brutality The causes of social unrest go much deeper than the most recent police brutality.
8:06 a.m. June 3, 2020 - By Quentin Fottrell
My children, aged 10 and 15, each received $1,200 stimulus checks — will the IRS penalize us if we keep them? ‘My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get this money?’‘My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get this money?’
8:02 a.m. June 3, 2020 - Barrons.com
SoftBank Launches $100M Fund to Invest in Companies Led by People of Color The fund will only invest in companies led by founders and entrepreneurs of color.
7:54 a.m. June 3, 2020 - By Michael Ashbaugh
Charting bullish follow-through, S&P 500 spikes to next target (3,115) Focus: Retail sector sustains key breakout, Materials sector clears 200-day average, XRT, XLB, FDX, CHWY, VMW, QCOMU.S. stocks are firmly higher early Wednesday, rising after a better-than-feared weekly jobs report. Against this backdrop, the S&P 500 has tagged its projected target — S&P 3,115 — as it vies to confirm the primary trend shift initially signaled last week.
7:42 a.m. June 3, 2020 - By Jeff Reeves
Buy this, not that — 5 stocks to trade into now and 5 to avoid These stocks for your buy list have strong momentum and solid potentialThese stocks for your buy list have strong momentum and solid potential.
7:12 a.m. June 3, 2020 - By Quentin Fottrell
Black Americans are twice as likely to die from COVID-19 in America: 75% of frontline workers in New York are people of color 75% of frontline workers in New York are people of color75% of frontline workers in New York are people of color.
6:51 a.m. June 3, 2020 - Barrons.com
Child Care Is Coming Back. But Who Will Get It? The families who need it most probably won’t be first in line.
6:29 a.m. June 3, 2020 - By Christine Todd Whitman
Trump ‘is escalating violence around the country’ and needs to ‘get out of the way’ — former Republican governor of NJ Rather than calming, the president is rubbing ‘rhetorical salt in our country’s open wound of racism’Rather than calming, the president is rubbing “rhetorical salt in our country’s open wound of racism,” writes Christine Todd Whitman.
6:07 a.m. June 3, 2020 - By Quentin Fottrell
‘My mother claimed me as a dependent in 2019, but I was not aware of this.’ What can I do to claim my $1,200 stimulus check? ‘I have a 2018 and 2019 annual gross income of zero’‘I have a 2018 and 2019 annual gross income of zero.’
6:06 a.m. June 3, 2020 - By Quentin Fottrell
My husband died from COVID-19. Will the IRS allow me to use his $1,200 stimulus check for funeral and medical expenses? ‘I am sure there are other senior citizens who have the same issues as me’‘I am sure there are other senior citizens who have the same issues as me.’
5:30 a.m. June 3, 2020 - Barrons.com
Buy Gilead Because Remdesivir Is Worth Billions, Analyst Says Sales could approach $2 billion this year, analyst Geoffrey Porges projects, and then hit a peak of $7.6 billion in 2022.
4:42 a.m. June 3, 2020 - By Philip van Doorn
If you think the time is right for value stocks, this diversified dividend ETF may fit the bill The Pacific Global U.S. Equity Income ETF is broadly invested, with a dividend yield of 3.74%, nearly twice that of the S&P 500The Pacific Global U.S. Equity Income ETF is broadly invested, with a dividend yield of 3.74%, nearly twice that of the S&P 500.
4:41 a.m. June 3, 2020 - By William Watts
Stock-market investors are eager to rotate into unloved sectors, but they should look before they leapSectors of the economy left behind as the COVID-19 pandemic shut down the economy are showing signs of life, but investors should proceed with caution, says one top fund manager.
3:20 a.m. June 3, 2020 - By Paul Brandus
We shouldn’t be surprised by black rage over injustice Systemic racism shows that America is not an exceptional nation Black Americans get the shaft from the very beginning and it doesn’t let up.
3:20 a.m. June 3, 2020 - By Ciara Linnane
Coronavirus update: Global cases of COVID-19 above 6.4 million, with 380,764 fatalitiesThe global case tally for the coronavirus that causes COVID-19 climbed to 6.4 million on Wednesday, The death toll rose to 3780,764. More than 2.7 million people have recovered. The U.S. has the highest case toll in the world at 1.83 million and the highest death toll at 106,181. Brazil has 555,383 cases and 31,199 fatalities, after another spike in infections overnight. Russia has 431,715 cases and 5,208 fatalities. The U.K. has 279,393 cases and 39,452 deaths, the highest death toll in Europe and second highest in the world after the U.S. Spain has 239,932 cases and 27,127 deaths, while Italy has 233,515 cases and 33,530 deaths. India, which passed France and Germany by cases earlier this week, has 208,479 and 5,834 deaths. France has 188,450 cases and 28,943 deaths, while Germany has 184,097 cases and 8,576 deaths. Peru, Turkey, Iran, Chile, Mexico, Canada and Saudi Arabia are next, all ahead of China, where the illness was first reported late last year. China has 84,159 cases and 4,638 deaths.
2:51 a.m. June 3, 2020 - By Ciara Linnane
Quest expects Q2 adj. EPS of breakeven to slightly profitable if testing trends continue to recover from pandemicQuest Diagnostics Inc. said Wednesday it continues to see a "material decline" in testing volumes as a result of the coronavirus pandemic. But the company said testing volumes in its base business, excluding COVID-19 diagnostic and antibody testing, have recovered faster than it expected on April 22, with higher recovery in U.S. geographies where local officials are lifting restrictions on movement. "If these testing volume trends in the company's base business continue, and COVID-19 molecular and antibody testing volume trends continue, then the company believes that its adjusted earnings per share for the second quarter of 2020 could be in the range of breakeven to slightly profitable," the company said in a regulatory filing. It is not providing further guidance as the full impact of the pandemic depends on the duration and severity of the crisis, and much depends on the response of local and federal officials. Quest will take part in a virtual fireside chat at the Jefferies Virtual Healthcare Conference at 1:30 p.m. Eastern Time. Shares were down 0.5% premarket but have gained 15% in the year to date, while the S&P 500 has fallen 5%.
2:40 a.m. June 3, 2020 - By Tomi Kilgore
3M CFO to retire after 6 years in the role, to be succeeded by current GE Healthcare CFO3M Co. said Wednesday that Chief Financial Officer Nick Gangestad has announced his intention to retire after about 6 years in the role, and 33 years with the company. The diversified consumer and industrial products company, which products include N95 respirators, Scotch tape and Post-it notes, said it has named Monish Patolawala as its new CFO, effective July 1. Patolawala is currently at General Electric Co.'s GE Healthcare, where he has served as CFO. Gangestad will remain with the company until July 31 to ensure an orderly transition. 3M's stock, which ticked up 0.4% in premarket trading, has gained 8.5% over the past three months, while the Dow Jones Industrial Average has slipped 0.7%.
9:39 p.m. June 2, 2020 - Associated Press
Asian markets rise as Wall Street extends gains Nikkei, Hang Seng up more than 1% eachAsian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic.
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