A trader signals an offer in the Standard & Poor’s 500 stock index futures pit at…
Tag: Breaking news
Intel working with bankers to present board with strategic options, sending shares up 10%
Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel Innovation Taipei technology forum…
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the…
Markets are now wondering whether the Fed might cut by half a point in September
With Federal Reserve Chair Jerome Powell all but confirming that an interest rate cut is imminent,…
FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days
Pfizer COVID-19 vaccine. Courtesy: Pfizer The Food and Drug Administration on Thursday approved updated Covid vaccines…
Health-care marketplace Sesame to offer compounded versions of Wegovy through new $249 weight loss program
Health-care marketplace Sesame on Wednesday announced a new clinical weight loss program that will help eligible…
Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial
Eli Lilly’s highly popular weight loss drug reduced the risk of developing Type 2 diabetes by…
Here’s why Walgreens and CVS retail pharmacies are struggling — and what they’re doing to fix it
The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a…
Here’s how a week’s worth of huge economic news will affect the Fed’s decision-making
The past week’s data deluge left behind a few distinct impressions: Inflation is on the run,…
Consumer spending jumped in July as retail sales were up 1%, much better than expected
Consumer spending held up even better than expected in July as inflation pressures showed more signs…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: Walmart The news Tuesday was good for inflation, and…
Digital health company Ro launches GLP-1 insurance-coverage checker to help patients navigate costs
Zoom In IconArrows pointing outwards The direct-to-consumer health-care startup Ro launched a new free tool Tuesday…
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it’s vital…
Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar
Eli Lilly on Thursday reported second-quarter earnings and revenue that blew past expectations and hiked its…