Day: July 7, 2020

3 Hot Sector ETFs to Tide Over the Coronavirus Crisis in Q3

The coronavirus crisis continues to be acute in the United States as the death toll has now crossed 130,000. The infectious diseases expert, Dr. Anthony Fauci has said that United States is “knee-deep” in the first wave of the pandemic even as the number of coronavirus cases has doubled within a week and a half, per a CNN report. The rate of coronavirus infection is being observed to rise in around 32 states with only four states (Connecticut, Kentucky, Massachusetts and New Hampshire) seeing subsiding infection rates, according to Johns Hopkins University data. Given the current situation, at least 24 states have paused or rolled back reopening efforts for some time.

Against this backdrop, we highlight three sectors that make great investment choices:

Biotech ETFs

The race to introduce vaccine and treatment for coronavirus is opening up opportunities, making the biotech sector a prospective space for investments. From vaccine-related positive

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International students must leave USA if universities offer only online classes this fall

The Trump administration announced international students will have to leave the USA, or face possible deportation, if the college or university they attend switches to online-only classes in the fall because of the coronavirus pandemic.

Similarly, international students enrolled in colleges or universities offering only online courses this fall will be barred from entering the USA.

In the spring, international students were allowed to attend online-only classes. The reversal could be a major economic blow to colleges and universities, as well as  communities, over the loss of tuition and other revenue from international students who typically pay full price.

Related video: Colleges detail what it could look like when they reopen for fall 2020

Colleges and universities are implementing layoffs, furloughs and other cost-clotting measures to offset a loss in revenue amid the coronavirus pandemic as more people defer college.

US coronavirus map: Tracking the outbreak

The new policy, issued

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Big Tech Stocks Top Trillion-Dollar Each: ETFs to Bet On

In a booming technology sector, four of the five big names — Amazon AMZN, Microsoft MSFT, Apple AAPL and Alphabet GOOGL — surpassed a trillion-dollar market capitalization each for the first time since the COVID-19 pandemic. This is largely thanks to the shift in consumer habits to a purely digital world.

The strong performance indicates strong resilience of the tech sector in one of the worst economic environments that the United States has ever seen. In particular, Amazon has been the star performer with shares rising more than 60% in the year-to-date timeframe on booming demand for e-commerce and cloud computing amid the COVID-19 pandemic. The stock topped $3,000 for the first time ever in the latest trading session (read: Top-Ranked Technology ETFs Soaring to All-Time Highs).

Microsoft shares have jumped more than 33% so far this year on growing demand for its Teams chat and online meeting app, and

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9 San Francisco Fintechs Poised To Shine At The Benzinga Global Fintech Awards

The Benzinga Global Fintech Awards — a day of dealmaking, networking and recognition in the financial technology space — takes places Nov. 10. 

In recognition of those disruptive innovators creating positive and diverse change within the financial services space, Benzinga is highlighting top San Francisco-based fintechs poised to make some noise at this year’s event.

Coinbase is an online platform for digital assets. Users can buy, sell and manage their finances with digital currencies accessible in more than 100 countries. Whether for merchants, consumers or investors, Coinbase is a holistic destination for payment processing, as well as wealth creation and management.

Chime is a pioneer in the banking industry. The challenger helps users stay in control of their financial wellness at a low cost. Core features include early direct deposits with the Chime Spending Account, automated saving with the Chime Savings Account, as well as a unique rewards program that

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5 Stocks in Focus as Digital Payments Become the New Normal

The coronavirus outbreak could be a game-changer for digital financial services. Low-income households and small firms can benefit at large from advances in mobile money, fintech services, and online banking. Inclusion of digital financial services is expected to boost economic growth.

Technology continues to be the single-most important factor revolutionizing the payments industry. Many countries such as Liberia, Ghana, Kenya, Kuwait, Myanmar, Paraguay and Portugal are supporting this shift with measures such as lowering fee and increasing limits on mobile money transactions.

Although data security and privacy concerns and additional charges on making digital payment have limited the demand for digital payment solutions, the pandemic has become a key catalyst.

Moreover, digital financial services are enabling governments to provide quick and secure financial support to remotely located people and businesses as demonstrated in Namibia, Peru, Zambia, and Uganda amid lockdown. This will help mitigate the economic fallout and potentially strengthen

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Find & Support Black-Owned Businesses With These Apps & Websites

Following the police killing of George Floyd in May, protests have broken out across the country. We encourage everyone to join the fight by marching in local protests, signing online petitions, donating, and calling your elected officials, but there’s another way to fight systemic racial inequality, and that’s by putting your money where your mouth is. Make a commitment to support Black-owned businesses in your area.

Right now, Twitter users are asking their friends and followers to share their own or their favorite Black-owned businesses. While sifting through social media responses is one way to find spots to support, there are a lot of tweets containing the phrase “Black-owned businesses.” So if you’re looking to find a Black-owned business quickly — perhaps in time for take-out dinner tonight — there are also many useful resources online and in the app store that can help.

Ahead are top-ranking websites

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Casper’s massive mattress sale will save your aching back

Yahoo Life is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability are subject to change.

Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)
Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)

How’s your back? If you’re like most of us, these last few months of less activity (and more staying in) have meant noticeable aches and pains. Add to that the stress of sleeping on an old mattress and you might find your back in a constant state of discomfort.

While core exercises are never a bad idea, no amount of Zoom fitness will fix your back if your bed is the root of the problem. Of course now is not the time to visit mattress stores and plop down Goldilocks-style in search of a match. But it IS

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Lexus LS sedan will be quieter, more comfortable and smarter

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Lexus made numerous updates to the LS in a bid to turn it into an even more comfortable cruiser. Unveiled online, the redesigned model gains a quieter cabin, new driving aids, and a handful of minor styling tweaks.

Engineers turned their attention to parts of the fifth-generation LS that a majority of owners never think about in order to achieve a ride that’s markedly quieter and smoother. They notably fitted a new solenoid to the adaptive suspension that reduces damping force, redesigned the motor mounts to prevent mechanical vibrations from entering the cabin, and changed the stiffness of the run-flat tires as well as the rigidity of the stabilizer bars. These changes come together to cement the sedan’s positioning as the cushiest model in its category.

Deeper stitch points and seat pads made with low-resilience urethane further enhance comfort, according to Lexus, but the biggest

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U.S. Schools Must Reopen. Are You Listening, New York?

(Bloomberg Opinion) — Online schooling has failed. American schools need to reopen in the fall.

It has now become obvious that the steady diet of online instruction put in place for the coronavirus pandemic not only has hurt kids academically and increased absenteeism, but has contributed to anxiety and depression and probably even aggravated health problems such as obesity.

“All policy considerations for the coming school year should start with a goal of having students physically present in school,” the American Academy of Pediatrics said in a June report.

A few states are starting to tackle the challenge of balancing the proven damage inflicted by inadequate internet technology and the deeper shortcomings of digital learning against the uncertain risks of Covid-19 infection. California, New Jersey, Alabama and Louisiana are among several states that have published detailed guidelines for enabling at least some in-person instruction. Other states, notably New York, have

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Social media firms make $1bn a year from anti-vax followers, report says

Conspiracy theorists at Hyde Park Corner on 16 May 2020 in London: Getty
Conspiracy theorists at Hyde Park Corner on 16 May 2020 in London: Getty

Social media platforms are making up to $1bn a year from people following anti-vaccine misinformation that could cause “tens of thousands” of coronavirus deaths, researchers say.

The Centre for Countering Digital Hate (CCDH) said the number of people viewing pages and posts claiming that a Covid-19 vaccine is unnecessary or would pose a health risk had risen dramatically during the pandemic.

Despite pledges by Facebook and others to crack down on harmful posts, a report found that at least 57 million users now follow anti-vaxxers on mainstream platforms across the UK and US – up 7.7 million since the start of the outbreak.

A YouGov poll suggested that almost one in five British adults say they would refuse the injection if it becomes available, and a further 15 per cent are unsure.

The research suggested that people

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