Month: June 2019

Peter Mazza, his wife, Megan, and their three children. Mazza, who was diagnosed with stage 4 colon cancer in April, has been unable to access the cancer deferment. Source: Peter Mazza Last September, President Donald Trump signed into law a bill allowing people with cancer to press pause on their federal student loan payments. More than
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Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters It’s no secret that machines are taking up a bigger and bigger share of investing, but the extent of their influence is approaching shocking proportions. It is as high as 80%, according to one major investing firm.
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Investors should put their money in small- to mid-cap biotech stocks as rhetoric about changing the U.S. health-care system ramps up during the Democratic primary debate season, Jefferies analyst Michael Yee said Friday. “The big biotechs have to buy the big and small biotechs, and that’s where most [health-care] investors have been playing,” Yee said
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David Marcus, vice president of messaging products for Facebook Inc., speaks during a Bloomberg Television interview on the sidelines of the Wall Street Journal D.Live global technology conference in Laguna Beach, California, U.S., on Wednesday, Oct. 18, 2017. Patrick T. Fallon | Bloomberg | Getty Images David Marcus, the Facebook exec who helped hatch its Libra
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People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: J.P. Morgan Chase, Goldman Sachs, Citigroup — Shares surged more than 2% after the Federal Reserve said all major U.S.-based banks passed the central bank’s annual stress
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Democratic presidential candidates New York City Mayor Bill De Blasio (L-R), Rep. Tim Ryan (D-OH), former housing secretary Julian Castro, Sen. Cory Booker (D-NJ), Sen. Elizabeth Warren (D-MA), former Texas congressman Beto O’Rourke and Sen. Amy Klobuchar (D-MN) take part in the first night of the Democratic presidential debate on June 26, 2019 in Miami,
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Livongo’s founder Glen Tullman Livongo Digital health start-up Livongo filed its S-1 for its initial public offering on Friday. Livongo, which is one of the first companies to exit in the burgeoning health-technology sector, reported $68.4 million in revenue for the full year of 2018. But its revenue growth is accelerating, with $32.06 million in
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Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
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Sir Jonathan ‘Jony’ Ive. David Livingston | Getty Images Apple’s longtime design leader Sir Jonathan “Jony” Ive will leave the company later this year, a development that came as little surprise to Wall Street analysts but as a drag on the company’s stock nonetheless. Shares of Apple slipped 0.6% in premarket trading from Thursday’s close
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