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Daily Dozen | Forbes: FB Digital Health Data; Covid Vaccine 2 in 1; The big score of the commanders

By on August 16, 2022 0

A Georgia grand jury investigating election interference has set its sights on Rudy Giuliani. Some public health experts are questioning a seemingly slow response from colleges regarding the management of monkeypox on campus. Inflation helps or hurts student loan recipients, depending on the terms of their loan.

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In the news today

  • The UK has become the first country to approve a Two-in-one Covid-19 vaccine from Moderna which is specifically formulated to target both the original strain of coronavirus and BA.1, the first omicron variant. The results show it could similarly fight new strains of omicron, as the world prepares for fall recall campaigns.
  • Rudy Giuliani is a target of a Georgia grand jury investigation into election interference in an investigation into the post-election conduct of former President Donald Trump. A federal judge also ruled that Sen. Lindsey Graham (RS.C.) must appear before the jury, throwing to the wind his argument that being a senator should exempt him.

Best takeaways

Shares rose on Monday with the Dow Jones up 0.5%, the S&P 500 up 0.4% and the Nasdaq up 0.6% after an initial slowdown that stemmed from a six-month low for oil prices and disappointing economic data from China.

Homebuilder confidence fell six points to 49, hitting the lowest level since May 2020 and marking the eighth consecutive month of decline. Faced with the tumble, economists warn of a continued cooling of the housing market. High construction rates and mortgage rates are the main culprits.

Washington Commanders and ticketing platform SeatGeek have entered into a multi-year ticketing deal that represents the team’s most lucrative sponsorship deal. Forbes believes that it will give the commanders between $10 million and $12 million every year.

Colleges, still dealing with the Covid-19 pandemic, wonder how to cope the threat of monkeypox for the fall semester as the students return to the dorms. Cases of monkeypox have already appeared at George Washington University, Bucknell University, the University of Texas at Austin and other institutions before the official return to campus.

The $430 Billion Inflation Cut Act awaits President Joe Biden’s signature and you can breathe easy – the measure won’t affect the vast majority of Americans’ tax bills.

Author Salman Rushdie’s books top bestseller lists decades after their original publication, coming on the heels of a New Jersey man who allegedly stabbed him last Friday. Rushdie was forced into hiding for a decade with a $3 million bounty on his head from the Iranian government after publishing “The Satanic Verses” in 1988.

Must read today

Next Billion Dollar Startups 2022

With falling markets and skittish tech investors, it’s been a tough year for young venture capital-backed startups. These 25 represent those we believe have the best chance of hitting a $1 billion valuation.

Here’s how we picked this year’s roster builders as valuations plummeted and founders cut budgets and headcount. A remarkable ATOB has achieved an $800 million valuation with its system to help truckers beat price spikes at the gas station with a no-cost fuel card. While chipmaker Astera Labs has already recorded $100 million in revenue from sales of its specialized technology used to power data centers.

In case you missed it

Digital health companies like Color Genomics and Invitae are transmit sensitive patient data to Facebook for targeted ads, according to new research. In some cases, this sharing violated companies’ privacy policies. The practice also raises questions about HIPAA violations.

Advice you can trust

  • Inflation hits us all hard because it drives up the cost of gas, groceries, rent and everything else, but student borrowers suffer a double whammy— especially those who take out new loans. From hidden silver linings to less than ideal rate hikes, here’s how inflation affects your student loans.

  • You have excess cash to invest, financial goals to achieve, and a sneaky suspicion that your personal finances could be used more efficiently. Here’s how to determine if working with a financial planner is right for you and if that relationship could improve your financial decision making.

Must-see video

How Black Brunch Became the Staple of Southern Restaurateurs

Enter the ‘black brunch’ trend, where black millennials are putting a ‘daytime party’ spin on the long-standing weekend brunch ritual, marked by flashy attire, artwork and music black. The phenomenon of pandemic resilience is creating new opportunities for black restaurateurs across the country and especially in Houston, which has established itself as a hotbed of the breakfast fad.

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