RFK Jr. is not a fan of weight-loss drugs or vaccines. Stocks are tanking.
The stocks of companies that make or are developing the new class of weight-loss and diabetes-management drugs were sharply ...
10-year Treasury briefly cracks 4.5%, signaling it has more room to rise
Friday's selloff in U.S. government debt briefly pushed the benchmark 10-year Treasury yield above 4.5%, a key resistance level that indicates the rate can keep moving higher. Adam Turnquist, chief ...
‘We’re a fierce advocate and a wise friend’: Here’s what AARP’s new CEO will do for its 38 million members.
There’s a new chief in town for AARP, the advocacy group with roughly 38 million members who are 50 and older.
Dollar weakens against euro, yen after key index hit 2024 high
The U.S. dollar was seeing a bit of a pullback on Friday against some of its biggest rivals, including the euro, Japanese yen and Swiss franc. The euro was up 0.1% at $1.05, while the dollar was down ...
Alignment Healthcare Shares Drop After Private Senior Notes Transaction
Alignment Healthcare shares were down 14% at $11.10 after the company said it has entered into privately negotiated subscription agreements with certain investors to which it will issue $330 million ...
Fed's Collins says December interest-rate cut isn't a done deal
Boston Fed President Susan Collins said Friday that she doesn't think a December rate cut is a "done deal." Collins made the comment in an interview with the Wall Street Journal. In a subsequent ...
Healthcare stocks head for worst stretch since 2022 as put volumes soar
Healthcare stocks in the S&P 500 were headed for their worst five-day stretch since 2022 on Friday as President-elect Donald Trump's decision to nominate vaccine skeptic RFK Jr. to lead the Department ...
Canadian Tire Sells Unneeded Industrial Property in Greater Toronto Area for C$258M
Canadian Tire said Friday that it will sell its industrial property that serves the Greater Toronto Area for 258 million Canadian dollars ($183.5 million). The Canadian retailer said that it has a ...
Trump may again seek cuts to Medicaid. Here’s who would be affected.
Experts say real spending reform will have to come in the form of cuts to Social Security and government health-insurance ...
How one vaccine maker responded to a question about RFK Jr. as health secretary
Bavarian Nordic, a maker of the mpox vaccine, on Friday said the incoming Trump administration may present opportunities even ...
Oil moves lower, with U.S. prices down by over 3% for the week
Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...
ESCO Technologies Shares Hit 52-Week High After 4Q EPS, Sales Beats
ESCO Technologies shares were up 7% to $150 after the company reported fourth-quarter earnings per share and sales that beat analysts' expectations. The St. Louis company's shares hit their 52-week ...