Forget McGregor-Mayweather. The biotech world has been waiting for months to hear about Novartis' pricing decision for Kymriah, its just-approved CAR-T therapy for cancer. That interest turned into anxiety days earlier when Gilead announced its purchase of Kite, given that Kite is expected to be the next company to market its own CAR-T treatment and Gilead…
Americans maintained their relatively upbeat attitude in July, according to a survey released Tuesday, bucking expectations for a decline as the US economy recovers from the Covid-19 crisis.
The Conference Board said its consumer confidence index rose to 129.1 this month from 128.9 in June, despite expectations among analysts that it would decline by about five points.
That was the highest level for the index since February, fueled by positive views of the current economic situation. while consumers also maintained their relatively optimistic outlook for the future, according to the report.
"Consumers' appraisal of present-day conditions held steady, suggesting economic growth in (the third quarter) is off to a strong start," Lynn Franco, senior director of economic indicators at The Conference Board, said in a statement.
"Consumers' optimism about the short-term outlook didn't waver, and they continued to expect that business conditions, jobs, and personal financial prospects will improve."
The data showed the present situations index climbing less than a point to 160.3, while the expectations index measuring views for the next six months about income, business and labor market conditions was basically unchanged.
Despite surging prices in many parts of the economy, expectations for average inflation 12 months in the future dipped to 6.6 percent, indicating consumers may believe the increases have reached their peak.
However, consumers have in the past reacted to the spread of Covid-19, and some states are now dealing with fresh outbreaks.
Ian Shepherdson of Pantheon Macroeconomics said the data "show no sign that people are much concerned by the upsurge in Covid cases, though that could easily change if the severe outbreaks in several southern states become more widespread."
Respondents' views of business conditions improved, with 26.4 percent saying business conditions are "good," while the share characterizing them as "bad" was relatively flat.
Labor market views were mostly unchanged from June, with 54.9 percent of people describing jobs as "plentiful," and 10.5 percent saying they were "hard to get."
WATCH: Woman insist she is ‘not belligerent’ before attacking Asian store owners in shockingly violent rampage
Police are looking for a Black woman who brutally assaulted an Asian couple inside their beauty supply store in Cleveland this week, after the woman's prepaid debit card was declined.
The violent attack at Chic Plus Beauty Supply on Friday, captured on cell phone and surveillance video, is being investigated as a possible hate crime, according to Cleveland's Fox affiliate.
The horrifying video shows the suspect leaping behind the counter, before savagely beating the couple, destroying displays, and dragging the woman across the floor by her hair, leaving her unconscious.
"May I please have my items please. I will leave and get out of your hair," the suspect says in a cell-phone video taken by the owners. "You will never see me in your store again. All I'm trying to do is get my items, that's it. I'm not being belligerent."
The owners respond, "We cannot give you anything because it's not cleared," adding that her prepaid card is "empty."
After the suspect raises her voice and begins cursing, the female co-owner tells her husband to call the police — setting off the woman's violent attack.
David Jo, the store owners' son, told the station: "Watching them be so helpless and beaten so brutally was tough to watch. Just because they're so weak and helpless, she decided it would be OK to attack them, which is unbelievable to me, over an $11 purchase.
"I just saw my mom today and she's all bruised up, her hair's been pulled out, she has bruises all over her body. My dad's mouth was all bloodied up," Jo added.
Jo described his parents as "proud people" who are both in their 60s, and have operated the store for five years.
"All they want to do is work hard and make it here, as any immigrants do, when they come in and try to make a better life for their children," he said. "I need to find this person and make sure she's held accountable for the damages she's caused."
Despite their injuries, his parents went back to work on Monday to clean up the store, Jo said.
Police say the woman is wanted for felonious assault and vandalism — adding that hate crime charges are also possible.
Watch the station's report below.
WATCH: DC cop reveals how pro-Trump mob tried to ‘convert us to their cult’ during the Capitol insurrection
A District of Columbia police officer repeatedly expressed his astonishment that Donald Trump rioters tried to convince law enforcement to join their effort to overturn the election.
Officer Daniel Hodges, of Metropolitan police, testified Tuesday before a U.S. House committee on the Jan. 6 insurrection, where he vividly described the violence he endured and the apparent surprise the rioters felt when officers tried to stop them from blocking the electoral certification.
"As we came close to the terrorist our line was divided and we came under attack," Hodges testified. "A man attempted to rip the baton from my hands and we wrestled for control. I retained my weapon, he yelled at me, 'You're on the wrong team.' Cut off from my leadership, which is at the front of our formation, we huddled up and assessed the threat surrounding us. One man tried and failed to build a rapport with me, shouting, 'Are you my brother?' Another shouting, 'You will die on your knees.'"
Hodges described the surreal array of flags the rioters carried as they violently stormed the building.
"The sea of people was punctuated throughout by flags, mostly variations of American flags and Trump flags," he said. "There was Gadsden flags -- it was clear the terrorists perceived themselves to be Christians. I saw the Christian flag directly to my front, another read 'Jesus is my savior, Trump is my president.' Another, 'Jesus is king.' One flag read, 'Don't give up the ship.' Another had cross-rifles beneath a skull emblazoned with the pattern of the American flag. To my perpetual confusion I saw the 'thin blue line' flag, the symbol of support for law enforcement, more than once being carried by the terrorists as they ignored our commands and continued to assault us."
Hodges told lawmakers that Trump supporters blasted police with chemical irritants, including wasp spray, and demanded officers join their violent assault.
"The terrorists alternated between attempt to go break our defense and shouting at or attempting to convert us," Hodges said. "Men alleging to be veterans told us how they had fought for this country and were fighting for it again. One man tried to start a chant of 'four more years.' Another shouted do not attack us, we are not Black Lives Matter, as if political affiliation is how we determine when to use force. A man in a QAnon hoodie explained, 'This is the time to choose which side of history to be on.' A man whose shirt read 'God, guns and Trump' stood behind him silently holding a Trump flag. A new man came to the front and fixated on me, telling me to take off my gear and give it to him to show solidarity with 'we the people' or 'we're going to run over you,' his voice cracked with the strain and volume of the stress."
"He continued, 'Do you think your little pea shooter guns are going to stop this crowd?'" he added. "'No, we're going in that building.' Eventually there was a surge in the crowd, the fence buckled and broke apart and we were unable to hold the line."
Hodges said he and other officers were forced to retreat into the Capitol, where Trump supporters continued to alternately batter them and ask them to switch sides.
"Eventually it was my turn in the meat grinder that was the front line," he testified. "The terrorists had a wall of shield they had stolen from officers as well as stolen batons and what other arms they brought. Even during this intense contest of wills they tried to convert us to their cult. One man shouted, 'We all just want to make our voices heard, and I think you feel the same. I think you really feel the same.'"
"All while another man attempts to batter us with a stolen shield," he added. "Another man like many others didn't seem to appreciate that this wasn't a game. He fought his way across the lawn, up the steps, through the western terrace, all the OC and CS gas and, at the front line of this final threshold, was asking us to hold on because he had asthma."
07 27 2021 10 33 59 www.youtube.com
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