How GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks
It’s similar with multiple sclerosis. Actually, there are so many good drugs out there. A lot of the market has already been ...
August PCE Report: PCE Inflation Index Up 2.2%, Softer Than Expected
The August Personal Consumption Expenditures Price Index posted a softer-than-expected increase, up 2.2% from year-ago levels ...
Canada Budget Deficit Widens to C$7.29 Billion for First Four Months of Fiscal Year
OTTAWA--Canada recorded a slightly narrower budget deficit in July from a year ago, but remains much wider on a year-to-date basis due to sharply higher debt-financing costs.
Week Ahead for FX, Bonds: U.S. Jobs Data, Eurozone Inflation in Focus
"European industrial data remain weak, but France's industrial production will likely rebound by 0.5% month-on-month in August versus a 0.5% fall in July. The Bank of France survey pointed to an ...
Consumer sentiment improves for third straight month, as expectations for the economy brighten
What UMich said: "Sentiment appears to be building some momentum as consumers' expectations for the economy brighten," said Joanne Hsu, director of the University of Michigan survey. At the same time, ...
The Week in Oil: OPEC+ Supply Concerns, Middle East Risks Take Center Stage
Here's a look at what happened in oil markets in the week of Sept. 23-27, and what the focus will be in the days to come.
Port strike could come at a 'high political cost' for Harris campaign
Lokay pointed out that Georgia is the only swing state with a major port that could be affected by the work stoppage, though the economic cost of a prolonged strike could be felt across the nation.
Oil prices set for weekly loss on prospect of increased supply
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost production before year-end, as investors cast doubt on whether an aggressive round ...
Honeywell Raises Quarterly Dividend by 4.6% to $1.13
Honeywell International's board has raised the industrial company's quarterly dividend by 4.6%, to $1.13 from $1.08. The new payout, equal to $4.52 a year, represents an annual yield of about 2.16% ...
REA Group Tables Fourth $8.32 Billion Bid for Rightmove, Urges Board to Engage — 2nd Update
News Corp-controlled REA Group has tabled a fourth proposal to buy British peer Rightmove for 6.2 billion pounds ($8.32 billion), and urged its board to enter into talks ahead of a bid deadline on ...
U.S. trade deficit in goods plunges 8.3% in August and might only be small drag on GDP
The numbers: After hitting the highest levels in more than two years in July, the U.S. trade deficit in goods narrowed 8.3% to $94.3 billion in August, according to the Commerce Department's advanced ...
UNLV quarterback leaves school, saying promised $100,000 NIL payment wasn't made. Here's how it could have been avoided.
Matthew Sluka, starting quarterback at the University of Nevada, Las Vegas, has opted to sit out the rest of the 2024 college football season after not receiving a $100,000 name, image and likeness ...