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The U.S. has approved the world’s first medicine employing Crispr technology, a Nobel Prize-winning discovery that promised a powerful new tool to treat disease.
Crispr stock crashed after FDA approved a groundbreaking gene-editing treatment. CRSP stock was last off around 11%.
The Food and Drug Administration on Friday approved two gene therapies to treat patients with sickle cell disease, a serious genetic blood disorder most common in African-American people in the U.S. The new treatments, one developed by Vertex Pharmaceuticals and CRISPR Therapeutics and the other by bluebird bio are the first two gene therapies available in the U.S. for sickle cell, which the FDA says affects 100,000 people in the U.S.
If you had $5 million, you could buy about five median-priced homes in San Diego or pay for approximately 91 years of tuition at Harvard University. It's also the amount “Shark Tank” star Kevin O’Leary recommended his YouTube audience have in their bank accounts for financial security. Don’t Miss: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. The average American couple has saved this much money for retirement — How do you compare? Livi
Bill Ackman, the founder and CEO of Pershing Square Capital Management hedge fund, is known for his eccentric investment strategies and market bets. The Harvard University alum predicted the stock market collapse in March 2020 and made a 100-fold return in just a week as his investment of $27 million in credit protection securities reaped approximately $2.6 billion. More recently, Ackman made a $200 million profit when he closed his position in 30-year U.S. Treasuries in October. While Ackman ha
Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.
McDonald's is unveiling locations and the menu for CosMc's, its new restaurant.
(Bloomberg) -- Rooftop solar installation businesses in the US are starting to recover from a slump triggered by higher interest rates and cuts in incentives for panels in California, according to Sunnova Energy International Inc. Chief Executive Officer John Berger.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHarvard, Penn Heads Walk Back Genocide Answers After BacklashWall Street’s AI Craze
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
Elon Musk and Michael Burry have both raised the alarm on US households' spiraling debts. Carl Weinberg predicts they'll spark an economic slowdown.
With $1 million in a 401(k) and no mortgage on a $500,000 home, retirement at 60 may, in fact, be possible. However, retiring before eligibility for Social Security and Medicare mean relying more on savings. So deciding to retire at 60 calls for careful planning around healthcare, taxes and more. At any age, deciding whether […] The post My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60? appeared first on SmartReads by SmartAsset.
Stiff employer competition for workers should keep salary increases modestly ahead of inflation next year.
Over the past week, the Russell 2000 is up nearly 3% while the S&P 500 is about flat.
(Bloomberg) -- One of the biggest US public pensions lost most of its private equity team after the fund made changes that would crimp the group’s ability to allocate to the alternative asset class.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksHunter Biden Indicted in Tax Case as W
There's nothing like a plunge in yields to 4.1% to cool the dash to buy 10-year Treasuries. Now you can buy S&P 500 stocks that yield more.
The headline numbers for Upstart Holdings, Inc. (UPST) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Generative AI in 2024 promises to surpass the milestones of 2023. Winners of 2023 -- NVIDIA Corp (NVDA), Meta Platforms (META), UiPath Inc (PATH) and Pros Holdings Inc (PRO) -- are likely to gain further in 2024.
Nikola is offering 133.3 million new shares at 75 cents each and issuing $175 million in new debt to scale its fuel cell truck business. The post Investors pummel Nikola shares after new stock and debt sales appeared first on FreightWaves.
Electric vehicles are expensive. Sales growth has slowed this year for electric vehicles, which currently have batteries capable of carrying passengers only about 200 to 400 miles on average. What if one answer to getting more people to buy EVs was actually less range?
Required minimum distributions, or "RMDs," are the government's way of getting its tax money back on retirement accounts. Starting at age 73, anyone with a pre-tax retirement account such as an IRA or a 401(k), must begin must begin withdrawing a minimum amount from this account each year. This triggers a tax event, generating the income […] The post I'm 75 and Still Working. Can I Avoid Taking RMDs? appeared first on SmartReads by SmartAsset.
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