The economy grew at an inflation-adjusted 1.6% annual rate in the first quarter, the Bureau of Labor Statistics reported in an updated estimate of gross domestic product. Thursday’s report revised the ...
The UK's jobless rate has ticked up to 5% and the pace of basic wage growth has eased further as the country faces down a fresh energy-led price shock. Data from the Office for National Statistics ...
Australian Industry Minister Tim Ayres prepares to address the National Press Club in Canberra, Wednesday, March 25, 2026. Image: AAP Image/Lukas Coch The federal government spent budget week ...
Jobless rate unexpectedly rises to 5% and employment falls by 100,000, biggest drop in six years; economists say June interest rate hike looks less likely And another thing: The Office for Budget ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
FDA official: 17 drugs approved using continuous manufacturing, growth seen in emerging tech program
FDA's Adam Fisher speaks at the 2026 REdI meeting. (Source: REdI) Adam Fisher, the staff director of the Office of Pharmaceutical Quality in the Center for Drug Evaluation and Research (CDER) at the ...
Nvidia forecasts Q2 revenue of $91 billion, surpassing Wall Street expectations Company increases cash dividend to 25 cents per share from 1 cent Nvidia increases supply spending amid global memory ...
Israel-based Wix is laying off roughly 20% of its workforce, CEO Avishai Abrahami announced in a post on X. Abrahami cited the evolution of AI and exchange rates as reasons for the decision. Wix joins ...
Anthropic raised $65 billion in new fund-raising that put its value at $900 billion, ahead of OpenAI’s last valuation of $730 billion, as the companies duel for A.I. dominance. By Mike Isaac and Cade ...
The Trump administration has proposed a "sweeping crackdown" on Medicaid payments that implements, and goes beyond, the reductions directed by last year's sweeping One Big Beautiful Bill Act. Under a ...
Washington — The Federal Reserve now has a new leader — but his power isn't as vast as it might seem. Kevin Warsh, President Trump's pick for Fed chair, was sworn in at a White House ceremony on ...
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