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The ninth annual Wool and Fiber Expo is today through Sunday at the Roland E. Back at the Powell Convention Center 23 vendors will be on hand and 12 classes will be offered at the event showcasing products that people would be hard pressed to find anywhere else but these vendors.”This is the event’s ninth year and it just keeps getting better,” said event organizer Susan Childs. The show began as an opportunity for local farmers to sell their sheep and alpaca wool, Childs said. He expects about 1,500 participants this year.”We have a large contingent of weavers, quilters and…
(Bloomberg) — The animal spirit is raging again among retail investors and is topping the meme frenzy of just two years ago — at least to some extent.After losing more than 50% in their favorite stocks last year, individual traders are returning to stocks like Carvana Co. and crypto-related products as the market staged a comeback that added nearly $2 trillion in equity value in January alone. With professional investors mostly on the sidelines, Abhiyan is increasing its presence in the retail market. Retail army trading orders in stocks and exchange-traded funds accounted for 23% of total market volume at…
1 Big Thing: The FTC’s GoodRx crackdown has ramificationsIllustration: Gabriela Turisi/AxiosExit content previewYesterday’s crackdown GoodRx highlights the FTC’s growing efforts under Activist Chair Lina Khan to protect consumers’ digital health privacy from federal regulators.Why it matters: The proposed order could have broad implications for the health technology sector, where ad-targeting practices — especially among direct-to-consumer businesses — are nearly ubiquitous.Quick catch: The order marks two firsts for the FTC:Its first use of the Health Breach Notification Rule, which requires health apps to notify users of a breach of their data.It is the first time such an order has sought to…
Last month, the American Academy of Pediatrics released new guidelines for the evaluation and treatment of children and adolescents with obesity. These recommendations included instructions for doctors to refer children under the age of two to “intensive health behavior and lifestyle treatment” programs if their BMI is deemed too high. They also include guidelines for prescribing weight-loss drugs like Wegovy and Ozempic (and in severe cases, even referrals for bariatric surgery) for children 12 years of age and older.Is it true that approximately 14.7 million children in the United States are obese? Absolutely, and this is a real health issue…
By Mark McEachran, VP Platform Product Management The year was 1994. Lou Montuli, a Netscape engineer, had just invented the cookie. Did he want to build the foundation of a digital advertising industry that revolved around audience tracking and targeting? no He just wanted a shopping cart that worked properly in the early days of the web. Montuli’s innovation allows publishers to set data inside a browser and retrieve it when the browser requests resources from the domain used to set the data. Their purpose was to keep a browser logged in to a service like a shopping cart, bank,…
MSTR Earnings OutlookSopa Image/Lightrocket via Getty Images Microstrategy Mstr The bitcoin investment vehicle, linked to a business-software company, will report its first quarterly profit in two years in expected results this afternoon as its business improves and the value of its crypto hoard rises. Steady progress in its business-analytics division, which is looking to shift customers to a recurring, Internet-based subscription—known as a software-as-a-service model—from on-premise licensed programs, should give results a lift, according to a Canaccord Genuity manager. To director Joe Vaffey. Although the business is relatively mature, it is “very sticky with good margins,” he adds. Although Q4…
Dive Summary: Instacart and Michelob have partnered to create shoppable TV ads that match Ultra Anheuser- Bush InBev The brand’s Super Bowl LVII ad, according to a company blog post. AB InBev’s first shoppable TV ads include QR codes that viewers can scan to be directed to Michelob Ultra’s page on Instacart, which will also suggest snack pairings from Frito-Lay. The ads aired during the NFL playoffs and doubled as teasers for Michelob’s gameday ads. The tie-up also includes shoppable media in Instacart’s app, push notifications and social content. The partnership is the first under Instacart’s new consumer packaged goods…
Last update: 11:21AM EST Stocks continue to gain momentum as we approach the halfway point of today’s trading session. As of 11:21 pm EST, the S&P 500 (spx) and the Nasdaq 100 (NDX) increased by 1.4% and 3.1% respectively. However, the Dow Jones Industrial Average (DJIA) decreased by 0.3%. Last update: 9:49AM EST The Nasdaq 100 (NDXmeta platform (Nasdaq: Meta) and an unexpected $40 billion stock buyback announcement. Meanwhile, the S&P 500 (spx) rose 1%, and the Dow Jones Industrial Average (DJIA) at 9:49 am EST, was down 0.6% on Thursday. Initial jobless claims data indicated that jobless claims unexpectedly…
Houghton, Mich. – The Michigan Tech Blue Line Club is hosting a Winter Carnival luncheon on Friday, February 10 at 11:45 a.m. in the ‘old’ Blue Line Room outside the University Image. The event is open to the public and costs $15 per person. Tickets must be purchased by 5pm on Wednesday (Feb. 8) to guarantee lunch and can be purchased online, by calling the Central Ticket Office at 906-487-2073 or in person. Pasties, coleslaw, carrot cake, soda, water and coffee will be served. Michigan Tech coach Joe Shawhan…
Economic activity in the US manufacturing sector moderated for a third straight month, while the overall economy contracted for a second straight month in January. Institute for Supply Management (ISM). The ISM on Wednesday (Feb 1) released the ISM report on manufacturing business for January showing that the Purchasing Managers’ Index (PMI) fell 1 percentage point from December to 47.4%. A reading below 50% indicates that the manufacturing sector is contracting, while a reading below 48.7% indicates the overall economy is contracting. “The past relationship between the manufacturing PMI and the overall economy indicates that the manufacturing PMI for January…