Amazon.com Inc. AMZN, -1.26% launches a new healthcare brand called Amazon Halo, combines artificial intelligence tools with a wrist-worn fitness tracker, and competes with Fitbit Inc. FIT, + 0.31% and capitalize on trends for home training amid the pandemic. The Halo app will provide “insights” on sleep patterns, activity, workouts …
Read More »Mosquito repellent tested on soldiers is effective in providing protection against coronavirus, according to preliminary research
A platoon of the British Army on the attack at West Tofts Camp in Norfolk, England, while participating in Exercise Dynamic Victory. Joe Giddens / Zuma Press A mosquito repellent containing Citriodiol, which was sprayed on soldiers in April, has been shown to provide protection against COVID-19, according to a …
Read More »Fed adopts ‘average inflation target’ of 2% as new policy
The Federal Open Market Committee on Thursday announced that it has approved changes in its written policy strategy that are widely seen as leading to an easier position of monetary policy over time. In a statement, the Fed said it had adopted an “average inflation target” and acknowledged the benefits …
Read More »Gold falls into volatile trading as investors digest Powell’s Jackson Hole speech
Gold futures moved Thursday lower in volatile trading that saw prices in both directions up as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole Economic Symposium that were seen as offering a more accommodative monetary …
Read More »The US dollar is struggling. That should give a shot in the arm to global growth, says Goldman Sachs
A worker from the Chinese company Shanghai Zhenhua Heavy Industries runs past one of the two blue giant portico cranes Malaccamax, during their unloading on 23 July 2020, at the port of Fos-sur-Mer, on the outskirts of Marseille, southern France. clement mahoudeau / Agence France-Presse / Getty Images The US …
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