Vanguard’s S&P 500 ETF (VOO) has overtaken SPDR S&P 500 ETF Trust (SPY) as the world’s largest ETF, with $631.8 billion in assets. Vanguard’s success is attributed to strong inflows, with $121.1 billion last year, surpassing SPY’s $23.6 billion. While SPY maintains a liquidity advantage, VOO’s low cost appeals to investors, highlighting the evolving dynamics in the $10.7 trillion ETF industry.
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How faulty drug tests are turning new moms’ lives upside-down
Katie was coerced into signing a safety plan for her children after a positive urine drug test during labor, despite later confirmatory tests showing no substances. The Alabama Department of Human Resources initiated an investigation, which was ultimately closed after a month, highlighting the potential for false positives from common food items like poppy seeds and certain medications. Want More Context? 🔎
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