Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the…
Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s…
The Food and Drug Administration on Tuesday recommended classifying 7-OH, a compound with opioid-like effects found in unregulated tablets, gummies and drink mixes sold in gas stations and convenience stores, as an illicit substance. Such a move by the Justice…
OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail mergers across the country. The proposed merger,…
By Savyata Mishra (Reuters) -Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market.…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 17, 2025. Brendan McDermid | Reuters The S&P 500 closed lower on Tuesday as progress on trade talks with Beijing stalled and…
Shares of China’s baby product companies jump after Beijing announces childcare subsidies Shares of babycare and baby product companies rose Tuesday after China launched a childcare subsidy program in its bid to tackle worsening fertility rates. China will offer an…
Samsung has agreed a $16.5bn (£12.3bn) deal to manufacture artificial intelligence chips for Tesla, in a move hailed by Elon Musk. The South Korean tech company announced the contract with an unnamed client in a regulatory filing, with Tesla’s chief…
P&G names new CEO starting in 2026 Cincinnati Enquirer Procter & Gamble replaces CEO Moeller with COO and long-time executive Jejurikar CNBC Procter & Gamble Names Jejurikar as CEO The Wall Street Journal Competitive cricketer turned assistant brand manager is now heading a…
:max_bytes(150000):strip_icc()/GettyImages-2227392128-f95994034c8f47c38408febb9d015a6c.jpg?w=768&resize=768,0&ssl=1 "S&P 500, Nasdaq Close at New Highs as Investors Await More Trade News, Brace for Big Tech Earnings, Fed Decision This Week")
Biggest S&P 500 Movers on Monday 1 hr 28 min ago Advancers Shares of server maker Super Micro Computer (SMCI) surged more than 10%, notching the S&P 500’s top daily performance. Supermicro is set to release its quarterly results on…