While the world awaits a COVID-19 vaccine and is waiting to bring the coronavirus pandemic under control, there is another impulse ready to be exact this fall. That would be the flu, because America’s annual season of influence usually begins in October before peaking between December and February. And the …
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Cisco Systems Inc. shares recorded their worst one-day drop in nearly a decade Thursday, following the network giant’s decision to circle the wagons in the form of cost cuts, as the company suffers from increasingly selective business expenses during the COVID-19 pandemic. Cisco CSCO, -11.18% shares, which fell as much …
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Mark Twain once said, “History does not repeat itself, but often rhymes.” Ed Yardeni, chief investment strategist at Yardeni Research, applies those words to what, for most observers, should feel like a unique climate for playing the market these days. But that is not necessarily the case, according to Yardeni. …
Read More »Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for the last three decades and an expert on pandemics for the last four decades, has been waiting for recent news that Russia has developed a vaccine, and is ready to start inoculating people with it. “We have …
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Off-price retailer Stein Mart Inc. announced bankruptcy on Tuesday amid rising off-price pressures, a retail category that grew for COVID-19. To be sure, Stein Mart SMRT, -37.89% , like many other retailers that have submitted Chapter 11, face challenges even before the coronavirus pandemic. Fiscal losses for 2019 totaled 22 …
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