A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Wall Street analysts were largely skeptical of Trump's announcement on Friday of a substantial trade deal.Marketsread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
The Treasury secretary expresses optimism that the U.S. and China have a workable first-phase agreement.Economyread more
The ITB, the homebuilder's ETF, has its highest level since January 2018. Craig Johnson, chief market technician at Piper Jaffray, thinks there could be even more room to run.Trading Nationread more
However, that doesn't mean it won't cause harm, says Gottlieb. "You can't inhale something into the lungs on a repeated basis and not cause some damage to the lung."Health and Scienceread more
Climate change activists targeted BlackRock, the world's biggest asset manager, in London on Monday, demanding that the world's major financial institutions stop funding what...Environmentread more
The Salesforce CEO called for the establishment of a "new capitalism" that's partly funded by taxing the rich.Technologyread more
Industrials are gearing up for big gains, says Piper Jaffray's Craig Johnson. Here's one way to play the breakout.Trading Nationread more
One of the biggest investment opportunities over the next decade will be in companies working to delay human death, a market expected to be worth at least $600 billion by 2025, according to one of Wall Street's major investment banks.
Bank of America Merrill Lynch analysts Felix Tran and Haim Israel believe that genome sequencers such as Illumina, high-tech players such as Alphabet and biotech companies such as Novartis are on the cusp of "bringing unprecedented increases to the quality and length of human lifespans."
Innovation in genome science, big data and "ammortality," which includes wearable technology and products in the so-called wellness space, could soon prolong healthy human life well beyond 100 years, BofA told clients Wednesday.
"Medical knowledge will double every 73 days by 2020 vs. every 3.5 (years) in 2010, and genomic sequencing costs have fallen 99.999% since 2003," Israel and Tran wrote. "This has enabled a new frontier in precision medicine to further extend life expectancy, heralding a 'techmanity' (technology meets humanity) revolution."
Extending human life to new bounds — long the domain of science fiction novels — could increasingly be a compelling way to make money in the public markets. With a market size already at $110 billion, the Bank of America team highlighted five key sub-themes — genomics, big data/AI health, future food, "ammortality" and "moonshot medicine" — as well as several stocks that offer exposure to the trend.
Genomics, or the study of the human genome, is expected to be a $41 billion industry by 2025 and will provide the "next generation of gene editing technology offering potentially revolutionary advances in prevention and disease treatments," Bank of America said.
Illumina in particular plays "an important role in helping advance disease research, drug development, and the creation of molecular tests," Tran and Israel wrote.
The growth of artificial intelligence combined with an ever-growing body of health-care data should help researchers analyze pathology, or the study of the causes and effects of diseases, in the years to come. Improvements in the technology have the potential to bring down health-related costs and enable precision medicine, the BofA analysts said.
Future of food companies, which are expected to ensure "healthier eating and sustainable humanity on the planet," include Dow DuPont and WW International. These companies, according to BofA, should leverage agricultural gene editing as well as healthier lifestyles and consumption.
The "ammortality" theme, expected to be worth $504 billion by 2025, "will help to improve health spans & [lifespans] to the betterment of human vitality, enabling the world population to live freer of disease rather than forever."
Companies that represent "ammortality" plays as described by BofA include health-care technology firms such as Intuitive Surgical and Zimmer, which worked with Apple Watch to start a clinical study for 10,000 knee and hip replacement patients.
"Moonshot medicine" companies — or those that offer revolutionary solutions for health care — include the aforementioned Illumina and genomics companies as well as therapy makers such as Sangamo, Vertex Pharma and Neurocrine.
These companies are working on cures or treatments for some of humanity's toughest diseases, ranging from cystic fibrosis to Parkinson's and Alzheimer's.