Core PCE rises to 2.7% as spending and income decline
U.S. inflation remained subdued in May, with the personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred gauge—rising just 0.1%...
Sneaker giant forecasts mid-single digit sales drop, cuts China reliance
Nike shares soared 15.2% on Friday after the company projected that profit and revenue declines will moderate in the current...
New initiative cuts drug review time to as little as 30 days
The U.S. Food and Drug Administration (FDA) announced Tuesday a new fast-track initiative...
Deal Overview
German biotech firm BioNTech has announced the acquisition of its rival CureVac for approximately $1.25 billion in BioNTech shares. This move aims to...
Core PCE rises to 2.7% as spending and income decline
U.S. inflation remained subdued in May, with the personal consumption expenditures (PCE) price index—the Federal...
Sneaker giant forecasts mid-single digit sales drop, cuts China reliance
Nike shares soared 15.2% on Friday after the company projected that profit and revenue declines...
Omead Afshar dismissed as pressure mounts on Tesla's operations and reputation
Tesla CEO Elon Musk has fired Omead Afshar, the company’s vice president of manufacturing...
New eSLR change aims to boost Treasury market but raises stability concerns
U.S. regulators on Wednesday proposed one of the most significant easing measures to...
Graduate roles and hiring activity decline amid economic uncertainty
Britain’s labour market continues to show signs of cooling, with new data pointing to subdued pay...