Hopes of a COVID-19 summer pardon have been dashed as cases rose in June. As infections increase, so does the need for testing. In late June, Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, announced that health officials were considering conducting pooled tests for COVID-19 …
Read More »The hidden risk in your S&P 500 index fund
How much of your retirement savings are you currently gambling with the fortune of just six companies? If you have them on an S&P 500 SPX, -0.14% Stock index fund, the answer is: about a quarter. That’s what the so-called “FANMAG” —Facebook FB, -0.70%, Apple AAPL, -0.46%, Netflix NFLX, -7.44%, …
Read More »Here’s the latest on what we know works, and doesn’t work, in treating coronavirus infections.
I am a doctor and scientist at the University of Virginia. I care about patients and conduct research to find better ways to diagnose and treat infectious diseases, including COVID-19. Here I am sharing what is known about which treatments work, and which don’t, for the new coronavirus infection. Please …
Read More »Micron shows how the cloud is saving chip makers
Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
Read More »Are your bank’s stock dividends safe? Stress test results put pressure on future payments
(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
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