Image: cover of this week's Barron's Magazine

"Gene Therapy Is Nearing a Major Breakthrough: Therapies that replace faulty genes with healthy ones to cure deadly diseases are generating exciting lab results. How to invest in a hot sector," by Barron's Andrew Barry:

"The goal of replacement gene therapy is to replace faulty genes with normal ones, in the hope of producing significant benefits or even cures. The process involves packaging healthy genes into neutered viruses, ... which then act as vectors delivered in a single dose either into the bloodstream or .. where the disease is."

Why it matters: "The first regulatory approval for this technology could come [from the FDA] as soon as January ... Other approvals could follow, igniting even greater interest in the field — and in the shares of several biotech companies making impressive headway in clinical trials."Free link for Axios readers. With graphic, "How replacement gene therapy works."

P.S. "Dow 1,000,000: Warren Buffett predicts that the benchmark will hit that number by 2117." (It closed yesterday at 22,000.) Free link for Axios readers.

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Dan Primack, author of Pro Rata
5 mins ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

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Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

Photo: Christopher Furlong/Getty Images

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Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

U.S. economy sees record growth in third quarter

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The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.