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The Gazette in Medina, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Jul 08, 2022

Page

9

Market extends streak as stocks rally for weekly gains

The S P 500 rose 1.5 percent to 3902.62 and the Dow gained 346.87 to 31384 while the Nasdaq climbed 259.49 to 11621.35. The Russell 2000 advanced 42.06 points to 1769.60 as energy and tech led a broad rally amid mixed economic signals and inflation concerns.

Wall Street Bill Merz U.S. Bank Wealth Management Apple U.S Exxon Mobil Dow Industrials Dow Transportation Dow Utilities NYSE S&p Wilshire Russell Keycorp At&t Inc Kohls LI Auto AMD LincNat AffirmHld LucidGron AgileThr Rs Lyft Inc Alibaba MarathDig AllenaPh McDalds Amazons Meta Ph Amber Micront Amé Airlines AmRe BkofAm Northropg BedBath Nvidias Carnival Ee OcciPet Cedarf OwensCorn Cisco Palantir CocaCola Comcast PepsiCo Petrobras Endo Intl RiotBlok RiviaAu An EggTrasfr EvofmBiors ‘i Reblox ExelaTc Shrwin ExxonMbl Shopitys FardyFuln Smucker FirstEngy Fordm Snapinc A Frotmcm SoFiTech GenElec Rs SwstEngy Sundial H Gerdau Target GinkgoBinines Tesla Inc Grabhi An GroveColn Uber Tch HomeDp Vale SA HuntBnesh VerizonCm Vera Inca ImprPet WaitrHl H InspTcOx N WalMart IntegMed Intel WellsFargo IBM Wendys Co Invacare Yamanag YumBrids Lt Sweet Crude NYMX New York Mercantile Exchange Chicago Board of Trade CME Chicago Mercantile Sugar (World ICE Intercontinental Exchange Mutual AmrcnBalAm CptWidGrincAm CptiincBldrAm FdmillavsAm Grfamrca m Incamrca Invcamrca NwPrspctvAm Wamtinvsa m Dodge & Cox Incl Dodge & Cox IntlStkl Fidelity Pimco Incinstl Pimco TtlRetIns Schwab Vanguard BalldxAdmil Vanguard DiverIav Vanguard EqincAdmrl Vanguard Vanguard Hcadmrl Vanguard Intiteadmrl Vanguard MdCpldxAdmrl Vanguard PrmCpAdmrl Vanguard Stinvmgrdadmrl Vanguard Tibmidxadmil Doe SEC The Associated Press

IRS Denies Targeting Comey McCabe in Audits

The IRS asks the Treasury watchdog to review intensive audits of former FBI leaders James Comey and Andrew McCabe. Commissioner Rettig said senior IRS officials did not target individuals. The disclosure follows Trump criticism and past Russia investigation coverage.

IRS COMEY McCabe Washington Treasury Department FBI James Comey Andrew McCabe Donald Trump Jodie Reynolds Inspector General For Tax Administration Charles Rettig Trump Reynolds The New York Times Rettig Russia Robert Mueller Justice Department White House Hillary Clinton WikiLeaks U.S Clinton Inspector General Jeff Sessions

Democrats seek 3.8% tax on high earners to fund Medicare

Senate Democrats aim to raise 203 billion over ten years by taxing pass through earnings above 400 000 for individuals and 500 000 for couples. The money would extend Medicare hospital trust fund solvency to 2031. Proposals also seek drug price negotiation and lower out of pocket costs.

Washington Senate Associated Press Chuck Schumer D-N.y Joe U.S Schumer-Manchin Medicare Control of Congress House

Balwani Convicted in Theranos Fraud Trial

Former Theranos COO Ramesh Balwani was found guilty on all 12 felony counts of defrauding Theranos investors and patients. The verdict follows Elizabeth Holmes’ earlier conviction, with Balwani facing up to 20 years in prison and sentencing set for November 15.

San Jose Calif Theranos Ramesh “Sunny” Balwani Elizabeth Holmes Silicon Valley Balwani Wani Holmes Edward Davila Walgreen Palo Alto

Also Mentioned on This Page

Damian J. Troise Alex Veiga Quincy Krosby LPL Financial Schumer Edison the Market IN Review Dow Jones Naspaq Mind Pia KodiakSh Alvotech Apple Inc Iperionx VirgaOrbt AMC Ent BoltBio USANA BedBath Equustr Longover PhaxMtrn AmRebel Anebulo FardyFuln VigilNeur
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