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NIH funding pause affects Alzheimer's studies

NIH funding pause affects Alzheimer's studies

CNN25-04-2025

NIH funding pause affects Alzheimer's studies
The National Institutes of Health halted funding for 14 out of 35 Alzheimer's disease research centers in the United States. CNN's Jacqueline Howard explains how that decision has left researchers and patients in a state of uncertainty.
01:35 - Source: CNN
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NIH funding pause affects Alzheimer's studies
The National Institutes of Health halted funding for 14 out of 35 Alzheimer's disease research centers in the United States. CNN's Jacqueline Howard explains how that decision has left researchers and patients in a state of uncertainty.
01:35 - Source: CNN
Former NFL star is next 'Golden Bachelor'
"The Golden Bachelor" has announced its second-ever contestant: former NFL player Mel Owens. CNN's Elizabeth Wagmeister explains what we know about the NFL star. 'The Golden Bachelor' is produced by Warner Bros. Unscripted Television, which shares the same parent company as CNN.
01:26 - Source: CNN
Key evidence in Karen Read trial
Karen Read, who is accused of causing the death of her Boston police officer boyfriend, is being retried in Massachusetts. Read has been charged with second-degree murder, manslaughter and leaving the scene. A mistrial was declared last year after jurors said they were at an impasse. CNN's Jean Casarez breaks down key evidence.
01:33 - Source: CNN
He bought gold at Costco. He's not cashing in yet
With gold prices touching record highs recently, some buyers of Costco gold bars are sharing their love of bullion on social media. But one gold bug tells us he's planning to be a lifelong investor in the precious metal.
01:58 - Source: CNN
Analysis: Trump is in a crisis of his own making
Trump tells President Vladimir Putin to stop after Russia launched its deadliest wave of attacks on Kyiv in nine months. This comes days after Trump said the US would walk out on efforts to make a peace deal in Ukraine if it didn't see progress. CNN's Nick Paton Walsh breaks down the latest.
01:03 - Source: CNN
Earth week ends with a smiling face in the sky
Just before sunrise on Friday, April 25, US stargazers can find a celestial "smiley face" along the eastern horizon as a waning crescent moon aligns with Venus and Saturn.
00:50 - Source: CNN
Scientists discover car inside sunken WWII warship
NOAA researchers discovered a 1940s Ford Super Deluxe "Woody" inside the sunken USS Yorktown, a famed WWII aircraft carrier lost during the Battle of Midway.
00:42 - Source: CNN
Reporter details Musk-Bessent shouting match in White House
Axios reporter Marc Caputo reports that Treasury Secretary Scott Bessent and Elon Musk got into a heated argument in the West Wing.
01:21 - Source: CNN
CNN goes inside basilica where Pope Francis lies in state
Long lines stretch across the Vatican as thousands of mourners await their turn to pay respects to Pope Francis, whose body is lying in state in St. Peter's Basilica. CNN's Clarissa Ward details what it was like inside the basilica.
01:15 - Source: CNN
CEO warns about Trump's tariffs
Citadel CEO Ken Griffin, a billionaire supporter of President Donald Trump and a megadonor to Republican candidates, had some unusually harsh words for the president about his trade war.
01:18 - Source: CNN
100 days of Trump's economy
Uncertainty and fear around President Donald Trump's tariff policies have turned global markets on their head. CNN's Phil Mattingly looks at how American consumers are feeling about Trump's economy as he nears the 100 day mark in office.
02:59 - Source: CNN

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Nasdaq 100 Index Today: QQQ Jumps on U.S.-China Trade Developments, Tesla Turnaround
Nasdaq 100 Index Today: QQQ Jumps on U.S.-China Trade Developments, Tesla Turnaround

Business Insider

time18 minutes ago

  • Business Insider

Nasdaq 100 Index Today: QQQ Jumps on U.S.-China Trade Developments, Tesla Turnaround

The Nasdaq 100 (NDX) is in green territory on Friday after falling by 0.80% on Thursday. The technology index is rising following positive signs in the U.S.-China trade relationship and a better-than-expected jobs report. Confident Investing Starts Here: This morning, nonfarm payroll job additions for May tallied in at 139,000, well above the 126,000 forecasted by economists. However, May's reading was still below the 147,000 jobs added in April and the monthly average within the past year of 149,000 jobs. Furthermore, the May unemployment rate was 4.2%, which remained unchanged from April and in line with the rate between 4.0% and 4.2% over the past year. In a sign of easing tensions between the U.S. and China, Beijing has granted suppliers of three top U.S. automakers with temporary rare earth export licenses. Rare earth elements are critical in the production of semiconductors, cars, and planes, providing China with leverage in negotiating trade terms given its near-monopoly on them. On top of that, Boeing (BA) has resumed the shipment of commercial jets to China. This morning, a Boeing 737 Max aircraft began its journey to Hawaii, a stop on its way to Zhoushan, China, where the delivery will be finalized. The Nasdaq 100 is up by 1.20% at the time of writing. Which Stocks are Moving the Nasdaq 100? Next, let's dive into TipRanks' Nasdaq 100 Heatmap, which illustrates the stocks that have contributed to the index's price action. Tesla (TSLA) is mounting a comeback with a 5.56% jump after CEO Elon Musk and Trump exchanged blows on social media over the tax and spending bill yesterday. TSLA stock plunged by 14% on Thursday, erasing approximately $150 billion in market capitalization. Palantir (PLTR) is also a top performer within the Nasdaq 100, rising by over 5%. On the other hand, Broadcom (AVGO) is taking a tumble after the semiconductor company reported its earnings. Elsewhere, most stocks within the index are in the green as we head into the weekend. QQQ Stock Moves Higher with the Nasdaq 100 The Invesco QQQ Trust (QQQ) is an exchange-traded fund (ETF) designed to track the movement of the Nasdaq 100. As such, QQQ is rising in correlation with the Nasdaq 100 today. Wall Street has high expectations for QQQ stock. During the past three months, analysts have issued an average QQQ price target of $584.53 for the stocks within the index, implying upside of 10.19% from current prices. The 102 stocks in QQQ carry 88 buy ratings, 14 hold ratings, and zero sell ratings.

The Trump-Musk feud could be one of the catalysts for a coming 10% stock correction, former JPMorgan strategist says
The Trump-Musk feud could be one of the catalysts for a coming 10% stock correction, former JPMorgan strategist says

Yahoo

time21 minutes ago

  • Yahoo

The Trump-Musk feud could be one of the catalysts for a coming 10% stock correction, former JPMorgan strategist says

Marko Kolanovic predicts a stock market pullback could be in the cards. Kolanovic thinks Tesla's decline on the Trump-Musk feud could be among the catalysts that spark a decline. Other problems he sees for the market include high valuations and economic uncertainty. Former JPMorgan chief market strategist Marko Kolanovic sees a stock market pullback in the cards, and the Trump-Musk feud could be one of the triggers that sets off a decline. Speaking on CNBC on Thursday, Kolanovic predicted a coming correction of 5%-10% that could be set off by a drop in Tesla's stock price. "It's a little bit of a sideshow. It's important for certain companies, and it can spill over," Kolanovic said of the president's fallout with Musk. "Tesla is one of the biggest holdings of retail investors. There's a little ecosystem of stocks around it. I think it could be a little bit of a catalyst." In a post on X on Thursday, Kolanovic pointed to popular retail stocks such as Tesla, Palantir, and Super Micro as potential triggers of a momentum crash. Tesla stock plunged 14% on Thursday as Trump responded to Musk's criticisms of the big GOP tax and budget bill. However, Kolanovic also noted that the Trump-Musk fight would be one possible catalyst for a market pullback among many. Uncertainty in the economy and the trade war are also looming problems. "We're close to all-time highs, but we still have all the problems," Kolanovic said. "We have a trade war, we have signs of an economic slowdown." Valuations are stretched, he said, with the Nasdaq close to record highs even as rates remain elevated, and Kolanovic sees warning signs in the bond market. The risk-reward tradeoff for stocks versus bonds looks unattractive, as the 10-year Treasury yield hovers around 4.4%. That means equity investors aren't getting a great return in excess of the risk-free rate. There's also the lingering concern about Fed independence, with Trump repeatedly pressuring Powell to cut interest rates. Macro risks are mounting as well. Kolanovic pointed to the weak ADP jobs report earlier this week, which reported 37,000 new jobs compared to economists' expectations of 110,000. While the May jobs report showed higher-than-expected job growth, April and March numbers saw significant downward revisions. A correction could present a potential buying opportunity, but that's only if recession risks dissipate, Kolanovic said. Read the original article on Business Insider

Supreme Court hands DOGE big wins in Social Security, records cases
Supreme Court hands DOGE big wins in Social Security, records cases

Yahoo

time28 minutes ago

  • Yahoo

Supreme Court hands DOGE big wins in Social Security, records cases

The Supreme Court on Friday handed the Department of Government Efficiency (DOGE) two major victories in its expanding legal battle over drastic efforts to reshape the federal bureaucracy. In two separate emergency rulings issued simultaneously, the court lifted a block on DOGE personnel accessing sensitive Social Security Administration (SSA) systems and wiped a ruling forcing DOGE to turn over discovery in a records lawsuit. Both rulings appeared to be along the Supreme Court's ideological lines, with the court's three Democratic-appointed justices publicly dissenting. The decisions come as President Trump's relationship with billionaire tech mogul Elon Musk, the face of DOGE for months, publicly imploded Thursday. His administration continues to defend DOGE's work in the courts. In the Social Security case, the justices lifted a Maryland-based federal judge's order blocking DOGE from snooping around the SSA's systems that contain personally identifiable information, including Social Security numbers, medical and mental health records, bank data, and earnings history. The majority did not explain the reasoning, only saying that the 'SSA may proceed to afford members of the SSA DOGE Team access to the agency record' under the present circumstances. In dissent, Justice Ketanji Brown Jackson, joined by Justice Sonia Sotomayor, said the Trump administration hadn't met the court's high bar for emergency relief, accusing her colleagues of 'jettisoning careful judicial decisionmaking.' 'The Court is thereby, unfortunately, suggesting that what would be an extraordinary request for everyone else is nothing more than an ordinary day on the docket for this Administration,' Jackson wrote. 'I would proceed without fear or favor to require DOGE and the Government to do what all other litigants must do to secure a stay from this Court,' she continued. Justice Elena Kagan also dissented, but she did not join the duo's opinion. The challenge to DOGE's ability to poke around in the SSA's systems came from a coalition of government unions, backed by the left-leaning legal group Democracy Forward, that claimed DOGE's unfettered access to the sensitive data ran afoul of privacy laws and the SSA's own rules and regulations. U.S. District Judge Ellen Hollander's order allowed the SSA to provide DOGE with access to redacted or anonymized data and records, but it required DOGE agents to receive the necessary training for those systems. She wrote that DOGE's efforts to slim down the federal bureaucracy weren't the problem at hand, but rather 'how they want to do the work.' Hollander is an appointee of former President Obama. Solicitor General D. John Sauer had argued that her preliminary injunction undermined DOGE's mission to streamline and modernize the government while rooting out waste and fraud. He criticized the nationwide relief as a 'now-familiar theme,' alluding to several Justice Department emergency appeals challenging universal injunctions — a practice the justices heard arguments about last month in the administration's appeal of an order blocking Trump's bid to narrow birthright citizenship. 'The government cannot eliminate waste and fraud if district courts bar the very agency personnel with expertise and the designated mission of curtailing such waste and fraud from performing their jobs,' Sauer wrote in the government's emergency application. The Supreme Court's second emergency decision stems from a Freedom of Information Act (FOIA) lawsuit against DOGE. The government had asked the justices to overturn a judge's order allowing limited discovery into whether DOGE is an 'agency,' which would dictate whether it's subject to FOIA requests. U.S. District Judge Christopher Cooper, an appointee of Obama, directed the release of all 'recommendations' DOGE made to various federal agencies, in addition to other internal documents. He also ordered a deposition of acting DOGE Administrator Amy Gleason. By agreeing to wipe that order, the Supreme Court's decision marks a major victory for the Trump administration's efforts to keep DOGE's inner workings behind the veil. The majority said Cooper's order was 'not appropriately tailored' to whether DOGE was an agency. 'Furthermore, separation of powers concerns counsel judicial deference and restraint in the context of discovery regarding internal Executive Branch communications,' the court wrote in its unsigned ruling. The three Democratic-appointed justices again publicly dissented, but they didn't offer an explanation. Sauer argued that DOGE is a 'presidential advisory body' housed within the Executive Office of the President — not an agency. He said that Cooper's order would 'significantly distract' from DOGE's mission to identify and eliminate 'fraud, waste and abuse' within the federal government, calling the discovery ordered 'extraordinarily overbroad and intrusive.' 'That order turns FOIA on its head,' Sauer claimed, 'effectively giving respondent a win on the merits of its FOIA suit under the guise of figuring out whether FOIA even applies.' The legal challenge was mounted by Citizens for Responsibility and Ethics in Washington, which argued that the public has a right to know about DOGE's 'secretive operations.' It is one of many designed to test whether DOGE must respond to FOIA requests. Several legal battles linked to DOGE have reached the Supreme Court, but these two cases are the first where DOGE is a respondent. Updated at 5:19 p.m. EDT Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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