February PCE Report: Core PCE Inflation Index Up 2.8%, Above Expectations
The PCE Price Index year over year rose 2.5% in February, in line with forecasts and following an increase of the same amount ...
Opinion
RFK's job cuts at Health and Human Services strike another blow against "MAGA math"
The bad news? The total savings from these staffing cuts will pay for just 0.5% of President Donald Trump's proposed tax cuts. It will represent less than 0.2% of Elon Musk's promised "$1 trillion" in ...
Bristol Myers Gets CHMP Backing for Subcutaneous Opdivo
Bristol Myers Squibb said a key European regulatory committee is backing a formulation of its blockbuster cancer drug Opdivo that can be injected under the skin.
Canada GDP Stalls After Strong 0.4% Growth in January
Gross domestic product, a broad measure of goods and services produced across the economy, rose 0.4% from the month before to 2.292 trillion Canadian dollars, the equivalent of $1.602 trillion, ...
Six of the last eight bear markets came with stocks as out of sync as they are now
He further observes that six of the eight bear markets since 1980 have occurred when the intra-correlation was below average, and none have occurred when correlation was in its highest quartile.
'My daughter harasses me and wants to know where I go': She's after my money. How do I protect myself?
I live alone and I am getting on agewise. My daughter harasses me and wants to know where I go. She regularly tries to intervene in what I am doing, where I am going, and insists on knowing with whom ...
Hang Seng Index Falls 1.11% This Week to 23426.60 — Data Talk
The Hang Seng Index is down 263.12 points or 1.11% this week to 23426.60 --Largest three-week point decline since the week ending Nov. 29, 2024 ...
Fed's Preferred Inflation Metric, Consumer Sentiment in Focus; Bank of Mexico Makes Half-Point Rate Cut
Businesses are "frozen" or "paralyzed" with indecision and consumers are showing "signs of caution" because of all the rapid-fire changes in Washington, creating a "fog" over the economy.
KOSPI Composite Index Falls 3.22% This Week to 2557.98 — Data Talk
The KOSPI Composite Index is down 85.15 points or 3.22% this week to 2557.98 --Largest one-week point and percentage decline since the week ending Feb. 28, 2025 --Today it is down 49.17 points or 1.89 ...
Opinion
Do you fear a stock-market crash? Why your worrying is a plus for stocks.
If anything, in fact, crash anxiety is a contrarian indicator, meaning the stock market performs better when investors are more worried about a crash than when they are relatively complacent. I'd be ...
CHMP Recommends Against Approval of Eli Lilly's Kisunla Alzheimer's Drug
Eli Lilly, which is seeking European approval of Kisunla for the treatment of early symptomatic Alzheimer's, said it will seek re-examination by CHMP. The Indianapolis drugmaker said it remains ...
CK Hutchison Mulls Telecom Assets Spinoff, London Float, Reuters Says, Citing Sources
--CK Hutchison is looking to spin off its telecom assets into a new company and float it on the London Stock Exchange, Reuters reports, citing unnamed sources. --The Hong Kong listed conglomerate has ...