Tag: business news

Federal Reserve officials are set to receive the latest update on their preferred Inflation measure on Friday, which could impact the upcoming rate decision in September. The Commerce Department is

DirecTV has reached a deal with Disney to bring back Disney’s ESPN and other channels to its customers after a two-week blackout. The agreement comes just in time for college

Goldman Sachs is set to take a $400 million pretax hit to its third-quarter results as it continues to unwind its consumer business. CEO David Solomon announced that the bank

Euro zone Inflation fell to a three-year low of 2.2% in August, according to preliminary data from Eurostat, raising expectations for a rate cut by the European Central bank in

Pfizer announced positive results from a midstage trial of its experimental drug for cancer cachexia, a condition that causes cancer patients to lose weight and appetite. The drug, ponsegromab, showed

The United Kingdom is facing challenges in commercializing technology businesses globally, according to Warren East, the former CEO of British chip design company Arm. Speaking at Cambridge Tech Week, East

Federal Reserve officials are approaching their policy meeting with Inflation easing but uncertainty remains about the extent of interest rate adjustments. Recent data indicates a significant decrease in price pressures

Moderna announced plans to slash $1.1 billion in expenses by 2027 and introduce new products following a decline in its Covid business. The biotech company aims for 10 new product

Avocado producer Mission Produce saw a 21.6% surge in premarket trading after reporting a 24% jump in revenue for the fiscal third quarter. Rival Calavo Growers also experienced a 6.5%

Inflation ticked up in July, as indicated by a measure favored by the Federal Reserve ahead of its anticipated interest rate cut – the first in over four years. The