Barclays Plc and HSBC Holdings Plc say concern the Federal Reserve is dragging its feet on inflation is giving investors another reason to buy bonds that offer protection from accelerating price growth.
Novo Nordisk Chief Executive Officer Mike Doustdar says the profitability of its popular Wegovy weight-loss pill is "decent" and will continue to improve. "If that was not the case, we would not be launching the product in more and more markets," he tells Bloomberg Television. (Source: Bloomberg)
There are a lot of jobs in the US economy that pay miserably low wages. And there are a lot that offer a reasonable hourly rate but still result in miserably low earnings because of unstable, fluctuating schedules. How many is hard to know, but it’s not a small number: According to the Government Ac
The fastest-growing Ebola outbreak is becoming steadily deadlier on paper, as too many people reach treatment only after the disease has become critical.
Kevin Warsh’s second policy meeting as chairman of the Federal Reserve last week wasn’t a resounding success. Analysts were puzzled by his refusal to explain the central bank’s decision to leave its policy rate unchanged. Amid the confusion, long-term bond yields rose sharply. Next day came reports
Supplies of an ultra-refined form of the metal used in fighter jets are tight after drones damaged a UAE plant.
Meta Platforms Inc.’s Mark Zuckerberg broke three years of silence on X to announce the launch of a new AI model. Nvidia Corp.’s Jensen Huang signed up for the platform to share an open letter in support of an open artificial intelligence ecosystem. LVMH’s Bernard Arnault also got himself an account
US states are supposedly the laboratories of democracy, cooking up and testing local solutions to national problems. But some of those labs are more like Walter White’s RV methmobile: They’re not always doing stuff you want to emulate.
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Hong Kong labour authorities have begun testing an infrared thermal-imaging drone to detect heat sources and illegal smoking at construction sites, with plans to add artificial intelligence (AI) to identify smoking workers. Since the total site smoking ban took effect on July 17, about 1,400 constru
Indonesia's GDP growth slows to 5.29% in Q2