Energy Chief Granholm Warns Against ‘Unfettered Exports’ of Liquefied Natural Gas
Energy Secretary Jennifer Granholm says the incoming Trump administration should proceed cautiously as it considers proposals for new natural gas export terminals
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Fed Cuts Rates for Now, But Suggests a Slower Easing Ahead as Economy Remains Strong
The shift reflects a Federal Reserve that is facing faster growth and stickier inflation.
Retail Sales Rose at Healthy Pace Last Month in Latest Sign of US Economy’s Health
Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season
Billion-Dollar Donation From Netflix’s Reed Hastings Leads 2024’s List of Biggest Gifts
Netflix co-founder Reed Hastings and former New York City mayor Michael Bloomberg made the largest contributions in 2024, and financial aid, especially for medical students, got most of the money
Biden Calls for Ban on Congressional Stock Trading
President Joe Biden has endorsed a ban on congressional stock trading in an interview that’s being released this week
Wall Street Trims Its Stellar Gains as Nvidia’s Star Dims Again
U.S. stock indexes trimmed some of their stellar gains for the year
Nasdaq Hits a Record as Wall Street Drifts Ahead of Federal Reserve’s Meeting
U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year
Japan’s SoftBank Plans to Invest $100 Billion in US Projects Over the Next Four Years.
President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years
Federal Reserve Is Likely to Slow Its Rate Cuts With Inflation Pressures Still Elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting
Wall Street Ends Mixed After a Bumpy Week
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week
Drug based on anti-nausea agent reduces Alzheimer’s-advancing astrocytes in mice, biotech says
FDA elevates recall as Zimmer Biomet phases out hip replacement implant
Alkeus’ oral eye disease asset fails to significantly reduce lesion growth in phase 3
Rakovina deepens AI focus with cancer collab to select DNA-damage response kinase targets
FDA clears Senseonics’ 365-day Eversense CGM implant
Merck, Daiichi rack up phase 3 ADC lung cancer win but report 2 deaths, immature OS data
Ascendis’ dwarfism drug accelerates growth in phase 3, teeing up challenge to BioMarin
Trispecific antibody from Ichnos Glenmark Innovation beats J&J’s Tecvayli at treating multiple myeloma in mice
American Consumers Feeling Less Confident in December, Conference Board Says
Biden Will Decide on US Steel Acquisition After Influential Panel Fails to Reach Consensus