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Today’s Top Stories:
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The Government Just Ended FICO’s Mortgage Monopoly. Here’s What It Means for Borrowers
Mortgage lenders finally have another option, and the impact could reach far beyond credit scores. Some borrowers may qualify for better terms, while Wall Street is already repricing one of the biggest names in consumer credit.
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4 Retirement Account Mistakes That Can’t Be Undone
Most IRA errors can be fixed. These four generally can’t, and a seemingly minor mistake while moving retirement money could trigger taxes, penalties or both.
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The Unemployment Rate Looks Fine. The Job Market Doesn’t.
Layoffs remain low, but hiring is slowing and workers are increasingly staying put. The numbers beneath the headline unemployment rate reveal a labor market that may be weaker than it appears.
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Power of FDA Breakthrough Designation for Sepsis
The FDA doesn't grant Breakthrough Device Designation easily. It’s reserved for technologies with the potential to address life-threatening conditions, granting prioritized regulatory pathway.
Eliaz Therapeutics has earned this title for XGal-3®, an investigational sepsis device that is advancing toward human clinical trials next year.
This device targets Galectin-3, a protein that’s a key driver in the sepsis immune response, removing it directly from the bloodstream before organ failure sets in. Sepsis is a $100B/year problem, and there is currently no FDA-approved therapy that targets the cause. Not yet, at least.
Eliaz Therapeutics has 75+ patents across 30+ countries and a global collaboration with a world leader in medical technology, Terumo BCT.
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Trump Announces $15 Billion Iowa Steel Plant That Could Become America’s Largest
A massive new industrial project is being pitched as a major expansion of U.S. steelmaking. The size of the investment, potential jobs and broader manufacturing implications make this one worth watching.
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Know what you own, and know why you own it.
-Peter Lynch
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