Fed's Powell notes inflation is easing but says further progress is needed
Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said
2023-12-02 00:19
Pfizer nixes more study of twice-daily obesity pill treatment that made many patients nauseous
Pfizer shares sank Friday when the drugmaker announced that it was abandoning a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it
2023-12-02 00:17
Commerzbank Seeks Wealth Fund Investor in Asia, Mideast
Commerzbank AG is talking to sovereign wealth funds about becoming an anchor investor to shore up its defenses
2023-12-02 00:16
US construction spending rises in October
WASHINGTONU.S. construction spending increased more than expected in October amid strong gains in single-family homebuilding, but data for
2023-12-01 23:59
US manufacturing stays depressed in November-ISM
WASHINGTONU.S. manufacturing remained subdued in November, according to a survey on Friday that also showed factory employment declining.
2023-12-01 23:46
Suicide Risk From Weight-Loss Drugs Prompts More EU Questions
The European Union’s drugs regulator has asked pharma companies including Novo Nordisk A/S and Eli Lilly & Co.
2023-12-01 23:23
NYC’s $15 Congestion Pricing Risks Delay From New Jersey Lawsuit
While New York City’s push to charge motorists $15 to enter Manhattan’s congested central business district next year
2023-12-01 22:59
Finance, Real Estate Job Cuts Push Up Canada’s Unemployment Rate
Canada’s labor market beat expectations with jobs gains, but a rising unemployment rate and a drop in hours
2023-12-01 22:58
Cyprus and Chevron reach a deal to develop an offshore natural gas field, ending years of delays
An official says the Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus
2023-12-01 22:55
Canadian factory downturn deepens as new orders hit 15-month low
By Fergal Smith TORONTO Canada's manufacturing sector contracted for a seventh straight month in November as global industrial
2023-12-01 22:51
Canada gains 24,900 jobs in November, jobless rate rises to 5.8%
OTTAWA The Canadian economy added a net 24,900 jobs in November, more than expected, while the jobless rate
2023-12-01 22:30
Shipping Giants Want an End Date for Fossil Fuel-Only Vessels
Europe’s biggest container lines want to phase out ships powered only by fossil fuels. The proposal was announced
2023-12-01 22:25