Tag: Biggest

Stocks climb, closing out biggest weekly gain in 3 months

Wall Street closed out its best week in three months Friday as investors drew encouragement from ongoing negotiations on Capitol Hill aimed at delivering more aid to the ailing U.S. economy.

The S&P 500 rose 0.9%, its third straight gain. The benchmark index ended the week with a 3.8% gain, its strongest rally since early July.

Much of this week’s focus has been on Washington, where President Donald Trump sent markets on a sudden skid Tuesday after he halted negotiations on a support package for the economy until after the election. He appeared to change his mind a few hours later, however. On Friday, Trump was cheerleading the prospect of a deal, declaring on Twitter that talks on a new aid package are “moving along. Go Big!”

“The fact that Trump reversed course, I think, has given people optimism again,” said Randy Frederick, vice president of trading & derivatives at

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Biggest healthcare stories for the week ending October 9

Welcome to Business Insiders daily healthcare newsletter, your daily dose of pharma, biotech, and healthcare news. Subscribe here to get this newsletter in your inbox every weekday.

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Hello,

What a week it’s been. If you can believe it, it was just a week ago that we learned that President Donald Trump had been diagnosed with COVID-19. After a four-day stay at the hospital, he’s back at the White House, and somehow spending part of his days touting coronavirus treatments. We’ll get into it shortly.

But first — if you haven’t yet, be sure to subscribe to our newsletter here!


trump walter reed discharge

President Donald Trump poses for a White House photograph to show him working during his stay at Walter Reed Army Medical Center in Bethesda, Md.

Tia Dufour/The White House via Getty Images


Trump’s week with COVID-19

Last Friday evening, Trump was in the hospital being

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The new ThinkPad X13’s biggest draw is its AMD 4000 PRO processor

The new first-generation ThinkPad X13 looks a whole lot like the other ThinkPads, but it’s packing AMD Ryzen 4000 PRO processors for a big performance boost.

The Lenovo ThinkPad X lineup — not to be confused with the high-end ThinkPad X1 lineup that includes the X1 Carbon, X1 Extreme, and X1 Yoga — is meant to appeal to those who want a thin and light business laptop with extra security features and coveted ThinkPad durability. X-series laptops, which include standard and Yoga versions of the ThinkPad X390, ThinkPad X395, and ThinkPad X13 (which I’m reviewing here), are a lot closer to Lenovo’s T-series devices than the expensive X1 line. The X13 starts at an affordable price, it’s sized to travel, and it’s packing hardware cut out for productivity work. I’ve been using a ThinkPad X13 with AMD Ryzen 4000 PRO CPU for about a week to see what it’s all

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Unemployment Is World’s Biggest Risk, Business Leaders Say | Investing News

LONDON (Reuters) – Unemployment is seen as the biggest worry over the next 10 years for business executives around the world, closely followed by concern about the spread of infectious diseases, according to a survey by the World Economic Forum.

Unemployment rates have rocketed due to lockdowns and other restrictions to combat the coronavirus pandemic, with fears of worse to come in countries which have furloughed workers.

“The employment disruptions caused by the pandemic, rising automation and the transition to greener economies are fundamentally changing labour markets,” said Saadia Zahidi, Managing Director at the World Economic Forum (WEF).

“As we emerge from the crisis, leaders have a remarkable opportunity to create new jobs, support living wages, and reimagine social safety nets to adequately meet the challenges in the labour markets of tomorrow.”

The Regional Risks for Doing Business survey, which surveyed 12,012 business leaders from 127 countries, makes up part

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The Latest: South Korea has biggest case jump in a week

Ninety-two of the newly confirmed cases were in the Seoul metropolitan area, which has been at the center of a viral resurgence since mid-August. Health officials have been struggling to track transmissions linked to various places, including hospitals, churches, restaurants and an army unit in Pocheon, north of Seoul, where 37 soldiers so far have tested positive.

HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:

— Pentagon says top military leaders are under self-quarantine

— How do I politely ask someone to wear a mask? If in store or restaurant, have a manager make the request

— Virginia Gov. Northam has mild symptoms 2 weeks after virus diagnosis

— Despite decades of warnings about the fragile supply lines bringing protective gear from overseas factories to America’s health care workers, the U.S. was unprepared for the coronavirus pandemic.

— Hospitals and staff are stretched to their limits again in

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PRECIOUS-Gold above $1,900 on Trump COVID news, heads for biggest weekly rise in 8

* Gold up 2.4% this week

* President Trump “not incapacitated” – White House

* U.S. job growth slowed more than expected in September

* Interactive graphic tracking global spread of coronavirus:
https://graphics.reuters.com/world-coronavirus-tracker-and-maps/

(New throughout, updates prices, adds comments)

By Sumita Layek

Oct 2 (Reuters) – Gold clung to the $1,900 level in choppy
trading on Friday, with gains capped by a firm dollar, but
bullion remained headed for its biggest weekly rise in eight
weeks as U.S. President Donald Trump’s COVID-19 positive test
and dismal jobs data hurt risk sentiment.

Spot gold was unchanged at $1,904.31 an ounce by
10:57 a.m. EDT (1457 GMT). Prices were set to rise 2.4% this
week, heading for the biggest weekly percentage rise since early
August.

U.S. gold futures eased 0.4% to $1,909.50.

“The election is 33 days away, there’s so much unknown —
will it be a mild case, how will he

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Here’s how the biggest accounting and consulting firms are cutting costs and shrinking headcount



a sign on the side of a building: FILE PHOTO: The KPMG logo pictured during the Viva Tech start-up and technology summit in Paris Reuters


© Reuters
FILE PHOTO: The KPMG logo pictured during the Viva Tech start-up and technology summit in Paris Reuters


Professional services firms have been laying off employees and cutting pay as the coronavirus pandemic has hit their business pipelines. 

Firms have seen clients rein in on spending on consulting and advisory work as economic conditions across industries remain unclear.

The question mark over the economy has also led to less recruiting at these firms, impacting graduates from both undergrad and graduate programs. 

Employees are also staying put more than usual because of an uncertain job market, meaning the firms have to take more proactive steps as opposed to relying on people leaving on their own to help manage headcount.

Business Insider has been keeping track of which firms have announced layoffs, pay cuts, and how they’re thinking about recruitment.

Do you have information about layoffs or pay cuts at professional-services

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Five biggest home sales in Miami FL for the week of Sept. 26

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This 6,820 square-foot condo at 7764 Fisher Island Dr. in Miami Beach sold for $11 million, the biggest residential sale in Miami-Dade for the week ending Sept. 29, 2020.

Here are the five biggest residential sales in Miami-Dade for the week of Sept. 20-Sept. 26, 2020.

The data was compiled by Condo.com and does not include off-market or new construction pre-sales.

1) $11 million at Oceanside in Fisher Island

Address: #7764, 7764 Fisher Island Dr., Miami Beach

Size: 6,820 square feet

Price per square foot: $1,612.90

Days on market: 30

Seller’s agent: Cyril Matz

Buyer’s agent: Karla Abaunza

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401 E. Alto River Dr..jpg
401 E. Alto Rivo Dr., Miami Beach FL

2) $8.5 million in Miami Beach

Address: 401 E. Alto Rivo Dr., Miami Beach

Size: 7,390 square feet

Price per square foot: $1,464.51

Days on market: 627

Seller’s agent: Eloy Carmenate

Buyer’s agent: Julian Johnston

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7311 Belle Meade Island Dr..jpg
7311 Belle Meade Island Dr.,
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These are the biggest online shopping scams during the COVID-19 pandemic

During the COVID-19 pandemic, online shopping is booming, but those online purchases are also hitting consumers hard when it comes to getting scammed.

According to the Better Business Bureau of Eastern North Carolina, there have been $25,663 in losses for online purchases since March 1 for consumers in its 33-county service area to online scams.

The agency said most online purchase scams where people lost money were material items such as rugs, home decor, clothing but the majority of large losses that were $500 and above were all pet scams.

The Federal Trade Commission also said that it has received record numbers about problems related to online shopping. While online shopping complaints to the FTC have been on the rise for a number of years, reports of undelivered items in May 2020 alone represent a nearly two-fold increase over the number of reports in December 2019, the heart of the

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