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Comet NEOWISE may be on its way out, but that doesn't mean that the night sky's light show is set to end.According to the American Meteor Society, two meteor showers are set to peak in the coming days, which could result in several fireballs that light up the sky.One of those showers is the Southern Delta-Aquariids, which, according to NASA, are typically visible between July 12 and Aug. 23. But the agency reports that the system will peak in activity early Monday morning.At its viewing peak — in the southern hemisphere on a clear dark night — the Southern Delta-Aquariids can produce up to 25 meteors an hour, NASA says. Unfortunately, Americans won't be able to see that many fireballs, but experts still say some may still be visible — especially for those with minimal light pollution and clear skies.NASA says the Southern Delta-Aquariids will be most visible between moonset and first dawn on early Monday morning.The American Meteor Society also reports that the Alpha Capricornids will also peak early next week. While the AMS notes that the shower isn't particularly strong (about five meteors an hour), the meteors it does produce are particularly bright and visible.The AMS says the Alpha Capricornids will peak Tuesday night into Wednesday morning.According to the Associated Press, Comet NEOWISE will be visible in the night sky through mid-August before it heads back out toward the outer solar system. 1430
College students and loans seem to go hand in hand, and student loan debt is an ever increasing problem in the U.S.But it might surprise you what some college students are doing with any excess loan money they may have after paying for things like tuition, books, and housing.A study by the Student Loan Report found that approximately one out of every five students with loans have used loan money in some form to invest in cryptocurrencies—in other words, things like Bitcoin.But financial advisers caution that may not be the best decision.“My gut reaction,” said financial advisor Martin Walsh with Brown and Tedstrom, “is that it’s probably a bad idea.”Walsh said using borrowed dollars to invest in speculative assets, such as Bitcoin, would make him “very nervous.”Cryptocurrency is the formal word for a type of digital money that uses encryption to transfer funds, independently of a central bank.Walsh cautions: “buyer beware.”“There’s been a ton of talk about cryptocurrency over the last year,” Walsh said, “mostly because of the massive run up in price.”Bitcoin — the biggest player in the Crypto game—saw prices for their “coins” at around ,000 in December. But fast forward two months to February and the price plummeted to ,000.Walsh has had clients ask about it mostly because “their friends have invested in them and have made money.” But he says that as a general rule the firm he works for, Brown and Tedstrom, won’t advise clients to invest in cryptocurrency.“It seems fun and easy, and things have doubled, tripled, even quadrupled. But there’s incredible volatility in investing in bitcoin and other cryptocurrencies,” said Walsh.Paul Foley, a big supporter of the technology behind cryptocurrency, says he has invested “quite a bit” in Ethereum, another player in the cryptocurrency realm. He says anyone investing now should see this as a “10 to 15 year plan”—not a short term way to make money.“I plan on holding for a very long time,” said Foley.But even he says that the notion of using borrowed funds, i.e. student loans, to invest in speculative assets like Ethereum is “a terrible idea.”Both Foley and Walsh say anyone looking to invest in this emerging field needs to do their homework. They both believe that the more uneducated people there are who decide to jump in the market on a whim, the greater the chances of a “bubble” bursting, similar to the housing market crash of 2008. 2440
Cleveland Browns quarterback Baker Mayfield has recently taken to speaking out against police violence and racial injustice. Mayfield took his activism further, writing a letter Oklahoma Gov. Kevin Stitt and members of the Oklahoma Pardon and Parole Board, seeking the commutation of Julius Jones, a man on death row fighting to prove his innocence in a 1999 murder.Jones was 19 years old at the time of his arrest. He was a student at the University of Oklahoma going for an engineering degree and working towards a basketball scholarship.In the summer of 1999, a 45-year-old man named Paul Howell was shot and killed during a carjacking in Edmond, Oklahoma. Jones was the prime suspect in his death, despite his claims he was home playing games and eating dinner with his family.Howell’s family was inside of his car when he was shot and killed, and described the suspect as a Black man wearing a stocking cap and a bandana across his face with “half an inch of hair” sticking out from the cap. Jones’ hair was shaved down at the time of the shooting.Jones’ co-defendant, Christopher Jordan, is believed to have set Jones up for the crime. After pleading guilty, he served 15 years in prison and is now free. Jones was sentenced to the death penalty and 40 years.While the DNA results from a bandana and a weapon found in the house have been used both as evidence of Jones’ guilt and his innocence, it was what took place during the trial that has caused celebrities and organizations—including John Legend, Kim Kardashian, Black Lives Matter, and most recently Mayfield— to speak up and fight for Jones’ commutation, stating that racial discrimination fueled the conviction of what they believe to be an innocent man.In addition to claims of racially-fueled language from officers handling Jones’ case during the court proceedings, the state dismissed all prospective Black jurors but one. One of the 12 jurors who convicted Jones and sentenced him to death confessed that another juror described the trial as “a waste of time” and said that “they should just take the n***** out and shoot him behind the jail.”Jones has maintained his innocence for nearly 20 years."As God is my witness, I was not involved in any way in the crimes that led to Howell being shot and killed," Jones said in his clemency report. "I have spent the past 20 years on death row for a crime I did not commit, did not witness and was not at."Mayfield, who played football at Oklahoma University, wrote the letter on behalf of Jones a few weeks ago, asking for the pardon and parole board, as well as the governor, to review the commutation application with “fairness and compassion.” 2670
Corporate America is coming to Wall Street's rescue.The Dow soared?548 points, or 2.2%, on Tuesday as investors cheered fat profits from major companies and relative calm in the bond market. The huge rally, the Dow's best day since March, helped the index recover a chunk of last week's hefty losses.Tech stocks, the biggest losers during the market turmoil, raced back to life. The Nasdaq spiked nearly 3%, while the S&P 500 advanced 2.2%.Investors piled back into tech darlings. Amazon, Facebook and Netflix closed sharply higher."It's a bounce back after an overdone situation last week," said David Joy, chief market strategist at Ameriprise Financial.Market sentiment was lifted by earnings beats from Goldman Sachs, Morgan Stanley and Johnson & Johnson. Adobe and UnitedHealth added to the good news by offering upbeat guidance for 2019.Taken together, the corporate report cards underscore the ability of businesses to cash in on the strong US economy. And the results should ease fears about the US-China trade war."We're focusing back on fundamentals," said Dan Suzuki, portfolio strategist at Richard Bernstein Advisors. Suzuki called Tuesday's rally a "reflexive rebound."Last week, the Dow, S&P 500 and Nasdaq all suffered their worst week since March. At one point, the Dow plummeted more than 1,000 points in just two trading days.Despite Tuesday's advance, all three major indexes remain firmly in the red for the month.One major source of investor nervousness has improved: bond yields. A sudden spike in 10-year Treasury rates above 3.25% spooked markets. The rapid climb in rates was driven by the strong economy, the surging federal deficit?and concerns about a more aggressive Federal Reserve.Investors feared higher borrowing costs that could slow growth and sudden competition for the stock market from boring bonds.But Treasury rates, which move in the opposite direction of prices, eased late last week as investors poured cash into the safety of government bonds. Rates have stabilized at around 3.15%, relieving stock market bulls."That has reassured people that this is not the start of something much worse that could really sidetrack the market," said Bruce McCain, chief investment strategist at Key Private Bank. 2288
Congress has passed the biggest investment in national parks in decades.The House voted Wednesday to approve the Great American Outdoors Act, a sweeping conservation and public lands bill, which President Donald Trump has pledged to sign into law. Over the next five years, it will put up to .5 billion towards a backlog in needed maintenance for roads, facilities and more.“So, the park service, instead of doing band-aid fixes, they will have reliable, consistent funding to start doing some of these priority repairs, to ensure that our park service sites are safe, accessible, and they'll be around for generations to come,” said Marcia Argust, Director of the Restore America’s Parks Project.Argust advocated for the Great American Outdoors Act. She says this is the perfect time to make the investment, because Americans are looking to get outdoors more during the COVID-19 pandemic.The parks service has found the legislation will create 100,000 additional jobs. That's on top of the boost to businesses in surrounding communities that rely on visitors.Plus, the recreation industry as a whole supports 5.2 million jobs.“So, those are really important to sustain now more than ever, so this legislation during these times makes a lot of sense,” said Argust.The bill does not call for using taxpayer dollars. Money is expected to start flowing into national parks in October. 1391