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

Papal Conclave Begins with Black Smoke on First Day

On the first day of the conclave, plumes of black smoke rose from the chimney of the Sistine Chapel, signaling that the 133 cardinals...

U.S. Trade Deficit Hits Record Amid Tariff Concerns

The U.S. trade deficit soared to a record-breaking $140.5 billion in March, marking a dramatic 92.6% increase year-to-date. This surge comes as businesses and...

How Tariffs Could Impact Grocery Prices in the U.S.

The ongoing tariff situation and its potential escalation have raised concerns about the impact on grocery prices in the United States. While the country...

Block Shares Drop 22% on Lower 2025 Profit Forecast

Shares Plunge Amid Concerns Over Cash App and Competition Block’s (XYZ.N) stock plunged 22% on Friday, marking the largest intraday decline in five years. The...

Big Tech Stocks Surge on Strong Q1 Results

Magnificent Thursday for Big Tech Stocks Big tech stocks are having a spectacular Thursday, with shares of the Magnificent Seven — Meta Platforms (META), Microsoft...

European Banks Stay Resilient Despite Rising Trade War Risks

Big European lenders are sticking to ambitious performance targets following strong first-quarter profits, but they are increasingly concerned about the impact of global trade...

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