FDA authorizes emergency use for Novavax Covid-19 vaccine for ages 12 to 17

In this article NVAX A box of the Novavax Covid-19 vaccine arranged at a pharmacy in Schwenksville, Pennsylvania, US, on Monday, Aug. 1, 2022. Bloomberg | Bloomberg | Getty Images Biotechnology company Novavax announced on Friday that its Covid-19 vaccine has been authorized for emergency use by the U.S Food and Drug Administration for adolescents…

Stocks making the biggest moves premarket: Deere, Foot Locker, Bed Bath & Beyond and more

In this article COIN BBBY FL DE Check out the companies making headlines before the bell: Deere (DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but…

Education Department offers a second chance to 7.5 million borrowers who defaulted on student loans — here’s who is eligible

Drazen Zigic | Istock | Getty Images The U.S. Department of Education is giving federal student loan borrowers who’ve fallen behind on their debt a chance to get into current standing. As part of its “Fresh Start” initiative, the 7.5 million student loan borrowers who are in default will be able to return to repayment…

I talked to 70 parents of highly successful adults—here are 4 phrases they never used when their kids were young

Wouldn’t it be nice if your kid grew up to become an entrepreneur? Entrepreneurs, in my view, are not just founders of for-profit businesses. They are resilient, hard-working people who start something, who come up with ideas and bring them to life, and who turn passion into projects.  As research for my book, “Raising an Entrepreneur,” I interviewed 70 parents…

FTX grew revenue 1,000% during the crypto craze, leaked financials show

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX rode the crypto craze to a billion dollars in revenue last year while…

How activist Politan Capital may find an opportunity to trim costs, build value at Masimo

In this article MASI Dobrila Vignjevic | E+ | Getty Images Company: Masimo (MASI) Business: Masimo is a global medical technology company that develops, manufactures and markets a variety of noninvasive monitoring technologies and hospital automation solutions. Their core business is measure-through-motion and low perfusion pulse oximetry. They sell highly technical pulse oximeter devices to…

Despite recession fears and fueled by ‘revenge spending,’ Americans spend $314 a month on impulse purchases

Impulse buys can quickly erode even the best financial plans. And yet, between sponsored posts on social media and “revenge spending,” they are nearly impossible to avoid. As the cost of living surges and more Americans say they are stretched too thin amid concerns about a possible recession, they’re dipping into their cash reserves and nearly half are falling…

How to Think About IRS Tax Enforcement Provisions in the Inflation Reduction Act

Perhaps one of the most controversial pieces of the Inflation Reduction Act (IRA) is the expansion of the Internal Revenue Service (IRS). There is a compelling case for strengthening the enforcement of existing taxes, rather than creating new ones, as a way to raise revenue. The economic costs of enforcing existing taxes are likely lower than…

Here’s what’s at stake for HBO’s ‘House of the Dragon’ and Amazon’s ‘The Rings of Power’

In this article WBD AMZN Promos for HBO MAX Game of Thrones: House of the Dragon (L), and Prime Video Lord of the Rings: The Rings of Power. HBO Max | Amazon As summer comes to an end, two expensive fantasy series filled with sorcery, sword fights and fantastical beasts will premiere on rival streaming…

Stocks making the biggest moves midday: Bed Bath & Beyond, Cineworld, Foot Locker, Wayfair and more

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged 20% after it appointed former Ulta Beauty head Mary Dillon as its chief executive officer, replacing Richard Johnson. Foot Locker also reported a smaller-than-expected drop in comparable sales for the second…

Gen Z investors are flocking to IRAs. Here’s why a Roth is ‘a slam dunk’ for most, expert says

kate_sept2004 | E+ | Getty Images The youngest workers entering the workforce — Gen Z, who range in age from 10 to 25 — showed dramatic adoption of individual retirement accounts, according to second quarter data released by Fidelity Investments this week. Fidelity IRAs owned by that generation increased 87% over the second quarter of…