Sponsored by Sterling Metals

A pill to treat cancer?

Scientists have unveiled a groundbreaking cancer-fighting pill that has the potential to revolutionize cancer treatment. The molecule, named AOH1996 after Anna Olivia Healy who tragically lost her life to childhood cancer, has demonstrated an unprecedented capability: the ability to target and eliminate solid cancer tumors while sparing healthy cells.

The drug zeroes in on a protein called proliferating cell nuclear antigen (PCNA), a key player in the growth and multiplication of tumors within the body.

Remarkably, this protein was previously considered ‘undruggable,’ making this achievement all the more significant. Researchers from the City of Hope Hospital in Los Angeles, a renowned cancer center, spearheaded this 20-year endeavor, advancing our understanding of cancer treatment.

You can read more on the matter here.

What’s going on?

• Icahn Enterprises Halves Dividend While Blaming Hindenburg Research

  (theDeepDive)

• US Marines To Be Shipped On Commercial Ships To Stop Iranians From Seizing Tankers (theDeepDive)

• Apple Relinquishes Historic $3 Trillion Crown as Sales Fall (Bloomberg)

• US Unemployment Rate Dips to 3.5% in July (theDeepDive)

• Russia Sentences Putin Foe Navalny to 19 More Years in Jail (Bloomberg)

• Canada’s Labour Market Remained Unchanged in July as Population Levels Increase (theDeepDive)

• Is Doomberg Right In Blaming New Twitter Management For A Decline In Engagement? (theDeepDive)

• OPEC+ panel keeps policy unchanged against backdrop of stronger oil market (Reuters)

• More Under-Construction Houses Burn Down in GTA, Cause Still Unknown (theDeepDive)

What’s the latest?

• U.S. Jobs Report for July 2023: The U.S. economy added 187,000 jobs in July, slightly below expectations, with notable gains in healthcare, social assistance, financial activities, and wholesale trade. The unemployment rate declined to 3.5%.

• Canadian Unemployment Rate: Canada's unemployment rate increased to 5.5% in July, reflecting a softening labor market trend over the past months.

• Crude Oil Market: The crude oil market is on track to mark its sixth successive weekly increase due to Saudi Arabia's extension of oil production cuts and voluntary reductions by some OPEC members, sparking concerns about oil supply availability.

• Mortgage Rates: The average rate for a 30-year mortgage rose to a three-week high of 6.9% in the US.

• Geopolitical Developments: U.S. sailors and Marines are in training for a possible mission to board merchant ships in the Strait of Hormuz to counter Iranian aggression.

The Niger coup

The stock market and stuff

• Amazon Rallies 8% On Revenue, Profit Jumps Following Cost-Cutting Measures (theDeepDive)

• DOJ Wary Of Bringing Fraud Charges Against Binance Because It Might Trigger A Bank Run (theDeepDive)

• WWE’s Vince McMahon [Summer] Slammed With Search Warrant Related To Sexual Misconduct Allegations (theDeepDive)

In the juniors

• Global Crossing notes 27% rise in hours flown per aircraft in second quarter (SA)

• Fisker Cuts Annual Production Guidance Again After Q2 Results (theDeepDive)

• Fubo gains 7% amid revenue growth of 41%, narrower losses (SA)

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