US Equities Experience Sharp Sell-Off as Tech Stocks Face Steepest Weekly Loss in 17 Months In a tumultuous week for the stock market, US equities experienced a sharp sell-off on Friday, with tech stocks facing the biggest weekly loss in 17 months. Tensions in the Middle East and concerns about interest rates contributed to the decline, sending the S&P 500 index down 0.9%. This marked the sixth straight session of losses and the third straight week of decline for the index. The Nasdaq 100 fared even worse, dropping 2.1% and recording its deepest weekly drop since November 2022. The Cboe…
Author: Nicole Roney
In a major strategic move, Google announced that it will be merging its software division responsible for Android and Chrome with its hardware division, which includes Pixel smartphones and Fitbit wearables. This decision is part of a larger plan to incorporate artificial intelligence more extensively throughout the company. Google CEO Sundar Pichai expressed that this integration will help to accelerate the Android and Chrome ecosystems and drive innovation within the company. The newly merged operations will now be under the leadership of executive Rick Osterloh, who previously oversaw the hardware group. This decision marks a shift for Google, which had…
The Bib Theorists Parents and clinicians are facing a frustrating shortage of growth hormone that has been ongoing for over a year and a half. This shortage is particularly impacting individuals with rare disorders such as Prader-Willi syndrome, leading to increased hunger, behavioral issues, weight gain, and other complications. Dr. Jennifer Miller, a concerned clinician, has voiced her frustrations over the hurdles faced by patients in accessing the vital growth hormone treatment. Insurance companies are adding further obstacles by requiring multiple prior authorizations for the drug, causing significant delays in treatment during the shortage. Families are reporting having to go…
The Bib Theorists Yates County Public Health Department Issues Warning of Possible Hepatitis A Exposure at Main Deck Restaurant The Yates County Public Health Department has issued a warning to customers who visited the Main Deck restaurant between March 27 and April 12, as they may have been exposed to hepatitis A. The virus is highly contagious, but officials are stressing that the risk of transfer is low. In response to the potential exposure, a free vaccine clinic will be held on Thursday at the Yates County Office Building for those who visited the restaurant during the specified time period.…
US House Speaker Mike Johnson has revealed a complex proposal for wartime aid to be given to Israel, Ukraine, and Taiwan. The proposal deviates from the $95 billion aid package that the Senate passed in February, which has put the final passage of the aid in doubt. Johnson has refused to bow to pressure to approve the Senate’s package, opting instead for a single debate rule and separate votes on aid for the three countries. This move has sparked concerns about the aid’s uncertain path to approval. The push for aid comes amidst escalating conflicts worldwide, including recent attacks in…
A Case of Measles Confirmed in Los Angeles County Visitor LOS ANGELES – Health officials have confirmed a case of measles in a non-Los Angeles County resident who traveled throughout the county two weekends ago. The infected person visited various locations in Los Angeles County from Saturday, March 30, to Sunday, April 1, potentially putting others at risk of developing the highly contagious disease. Individuals who were at specific locations during the mentioned dates and times may be at risk of developing measles within 21 days from the exposure date. Health officials advise anyone who may have been at the…
The Trump Media & Technology Group Corp. continues to grab headlines as its shares experience a turbulent start on the market. In just a few weeks, the company has seen a staggering $4.5 billion loss in market value, causing concern among investors and analysts. Despite this significant loss, former president Trump and corporate insiders are still poised to receive a massive special bonus. If the stock can manage to halt its decline, Trump and other insiders will be granted 40 million new shares as part of their deal with the company. These additional shares, known as earnouts, are a common…
In a shocking turn of events, Ukraine’s Trypilska power plant, the largest energy supplier for the Kyiv, Cherkasy, and Zhytomyr regions, was hit by a massive missile and drone attack. The plant, which supplied electricity to 3 million customers, was struck multiple times, destroying vital infrastructure and leaving it engulfed in flames. Workers at the plant were fortunate to have escaped harm by hiding in shelters as they watched their workplace go up in smoke. The attacks are believed to be a response to Ukrainian strikes on Russian oil refineries, according to Russian President Vladimir Putin. The destruction of the…
The Department of Veterans Affairs (VA) has introduced a new program aimed at assisting veterans who are facing foreclosure due to financial difficulties caused by the pandemic. The program, called Veterans Affairs Servicing Purchase program (VASP), is set to help over 40,000 veterans who are at the highest risk of losing their homes. Many veterans found themselves struggling financially after the VA abruptly ended its COVID mortgage forbearance program in 2022. This left thousands of veterans in a difficult position, as they were suddenly required to come up with all missed payments at once, rather than having them added to…
In a recent trilateral meeting at the White House, President Biden’s opening remarks were missed by reporters due to a logistical error by White House press handlers. The press was left standing in a hallway downstairs while Biden addressed Philippine President Bongbong Marcos and Japanese Prime Minister Fumio Kishida. Most American and Philippine reporters were not allowed into the East Room until after Biden had finished speaking, causing them to miss his initial statements. The error was attributed to less experienced press “wranglers” overseeing the movements of the press. However, despite missing the remarks, a pool videographer was present, and…