Recently, a panel of independent advisors to the Food and Drug Administration recommended Eli Lilly’s Alzheimer’s drug donanemab for full approval in the United States. This recommendation marks a significant milestone in the fight against Alzheimer’s disease, offering new hope to patients and their families who are impacted by this devastating condition. Alzheimer’s disease affects
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Disney’s theme parks have always been a place of magic and wonder, but as times change, so do the attractions. Recently, there has been a shift towards incorporating more relevant and fan-favorite intellectual properties into the existing rides and theme parks. One of the most exciting developments is the transformation of Splash Mountain into Tiana’s
Stock market crashes are not new phenomena in the history of the financial markets. Understanding the key elements that have historically led to crashes is crucial in predicting and preparing for the next crash. One of these elements is a frothy stock market, characterized by significant rallies before a crash. The Panic of 1907 and
If you’re a U.S. citizen or resident alien living and working outside the country, the deadline for filing your 2023 taxes is quickly approaching. While the regular tax deadline was April 15th for most taxpayers, there is an automatic two-month extension to June 17th for expats. This extension applies to individuals who either live outside
GameStop witnessed a drastic drop of 12% in its shares on Monday, following a significant sell-off initiated by a disappointing earnings report and an unimpressive livestream by Roaring Kitty. This decline continued from Friday, where the stock plummeted by almost 40% in a single day, leaving the price at around $25 per share. The company
There seems to be a split among experts regarding the future of the housing market in the latter half of the year. Glenn Kelman, the chief executive of Redfin, is optimistic about the market’s outlook, suggesting that we may have hit rock bottom and are poised for improvement. However, other experts like Jeff Ostrowski from
The U.S. economy has created a divide among consumers, separating them into groups of haves and have nots – retirees included. Cerulli Associates, a research and consulting firm, estimates that an $84 trillion wealth transfer will take place from older to younger generations by 2045. However, there are concerns about a retirement savings crisis brewing
Activist hedge fund Elliott Management has recently acquired a $1.9 billion stake in Southwest Airlines and is now planning to advocate for leadership changes within the company. The fund believes that Southwest has shifted from being a “best-in-class” airline to becoming one of the biggest underperformers in the industry. In order to address this issue,
Family offices are undergoing a transformation, moving away from traditional investment strategies and towards becoming their own private equity funds. A recent survey conducted by BNY Mellon Wealth Management revealed that a significant majority of family offices are now opting to make direct investments in private companies. This shift in strategy is driven by the
In a groundbreaking development, Moderna has revealed the success of its combination vaccine, which targets both Covid-19 and the flu in a recent late-stage trial. This innovative approach has proven to be more effective than existing standalone shots for these viruses, setting a new standard in the world of vaccination. By merging two crucial vaccines