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S&P 500, Nasdaq weighed down by inflation worries after upbeat data

S&P 500, Nasdaq weighed down by inflation worries after upbeat data
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Baystreet ca - Hydrogen: The Fuel of the Future Could be an $11 7 Trillion Opportunity

Goldman Sachs called hydrogen a “once in a lifetime opportunity,” adding, the addressable market could be worth up to $11.7 trillion in the next 30 years. Analysts at Bank of America says green hydrogen could be worth more than $11 trillion .

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Why a Little Inflation Could Be Good for the Travel Sector

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more When the U.S. consumer price index for April rose 4.2 percent year over year, a chorus of experts expressed concern that rising inflation could crush the green shoots of growth in the economy. But as far as the travel sector goes, a little inflation could be a good thing. “It’s critical to look beyond the headline inflation number which aggregates the price changes of many different goods and services to understand what is truly driving the index,” said Seth Borko, Senior Research Analyst at Skift Research. “Looking under the hood, we find sources of both ‘good’ and ‘bad’ inflation.”

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Covid Vaccine Makers Shares Seesaw After Biden Administration Says It Will Back Patent Waivers

Pfizer, which is making its Covid-19 vaccine with German pharmaceutical company BioNTech, closed down by about 1% for the day, while Moderna lost about 1.4% for the day. South Africa and India are pressing U.S. officials and the WTO to temporarily waive patent protections so developing countries can produce the lifesaving vaccines until world leaders can get the pandemic under control. Human rights organizations such as Doctors Without Borders, Oxfam and Amnesty International have all signed on to a letter supporting the proposal. U.S. Trade Representative Katherine Tai released a statement Wednesday evening backing the waiver. This is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures, she said. The Administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines.

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Here s My Top Value Stock to Buy Right Now

MGM Resorts has dramatically boosted its outlook for sports betting. Here's why that could be a game-changer for investors.

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