May Inflation Stays Mild, Boosts Rate Cut Hopes

Core PCE rises to 2.7% as spending and income decline U.S. inflation remained subdued in May, with the personal...

Nike Stock Jumps as Sales Improve and Tariffs Hit

Sneaker giant forecasts mid-single digit sales drop, cuts China reliance Nike shares soared 15.2% on Friday after the company...

May Inflation Stays Mild, Boosts Rate Cut Hopes

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%...

Nike Stock Jumps as Sales Improve and Tariffs Hit

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...

AstraZeneca Eyes $80 Billion Goal with New Cancer Drugs

AstraZeneca (AZN) is aiming to meet its ambitious $80 billion target by 2030, with three promising cancer treatments...

New Covid Variant NB.1.8.1 Spreads Globally, Concerns Rise

A new COVID variant, NB.1.8.1, is gaining traction globally, including in the United States. The World Health Organization...

Google’s New Gemini AI Feature Summarizes Videos in Drive

Google is expanding its Gemini AI feature to provide greater insight into the videos stored in Google Drive....

Australia’s Inflation Rises Slightly Amid Tariff Turmoil

Australia’s inflation rate edged higher in April, surpassing economists' expectations and coming at a time of heightened market...

US Consumer Confidence Rises After Tariff Easing with China

Americans have upgraded their outlook on the economy for...

Russia Attacks Ukraine for Third Consecutive Night

Russia launched a third consecutive night of attacks on...

Health

Nestlé to Eliminate Synthetic Food Colors by Mid-2026

U.S. food industry accelerates shift to cleaner labels amid new health regulations Nestlé USA announced Wednesday that it will eliminate all synthetic food colors from...

FDA Launches Fast-Track Reviews for Key Medicines

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...

BioNTech Acquires CureVac for $1.25 Billion in Share Deal

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...

General News

Nike Stock Jumps as Sales Improve and Tariffs Hit

Sneaker giant forecasts mid-single digit sales drop, cuts China...

Elon Musk Fires Tesla VP Amid Sales Declines and Political Backlash

Omead Afshar dismissed as pressure mounts on Tesla's operations...

Nestlé to Eliminate Synthetic Food Colors by Mid-2026

U.S. food industry accelerates shift to cleaner labels amid...

Fed Proposes Major Rollback of Bank Capital Rules

New eSLR change aims to boost Treasury market but...

Latest Articles

U.S. Dollar Drops to Six-Month Lows Amid Tariff Concerns

Market Reaction to Trump’s Tariff Announcement The U.S. dollar plunged to six-month lows on Thursday, weakening against major currencies like the euro, the yen, and...

Canada Plans Targeted Response to Trump’s New Tariffs

Ottawa avoids food and key components to limit impact on Canadians Canada will not impose retaliatory tariffs on essential U.S. goods such as food or...

BOJ Chief Warns U.S. Tariffs Could Hit Global Growth

Ueda urges G20 dialogue as Trump prepares sweeping trade measures Bank of Japan Governor Kazuo Ueda warned Wednesday that President Donald Trump’s planned reciprocal tariffs...

Germany Pledges €600B to Rebuild Military Might

Merz plans historic investment to strengthen Bundeswehr As the Trump administration presses for a Ukraine ceasefire deal viewed by many as favoring Russia, European leaders...

CoreWeave Prices IPO Below Range Amid Market Headwinds

Cloud AI provider valued at $19B after raising $1.5B CoreWeave CEO Mike Intrator defended the company’s lower-than-expected IPO pricing on Friday, citing broader macroeconomic headwinds...

Rivian Spins Out ‘Also’ to Develop Small EVs

Rivian Automotive has launched a new start-up called Also, spinning out its electric micromobility business into an independent entity. Also aims to develop small,...

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