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Eli Lilly on Thursday said its next-generation obesity drug retatrutide cleared its first late-stage trial on Type 2 diabetes patients, helping them manage their blood sugar levels and lose weight. The drug lowered hemoglobin A1c — a key measure of blood sugar levels — by an average of 1.7% to 2% across different doses at…
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images Before the war on Iran began in late February, Europe’s central banks enjoyed a more benign inflation outlook as…
Amid geopolitical turmoil, the Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday. An energy shock and higher inflation expectations due to the war in Iran ruled out any possibility of an interest rate cut, analysts said. Since December, the federal funds rate has remained steady in a target range…
Signage outside Johnson & Johnson offices in Irvine, California, US, on Friday, Oct. 10, 2025. Kyle Grillot | Bloomberg | Getty Images Johnson & Johnson on Wednesday said the U.S. Food and Drug Administration approved its once-daily psoriasis pill, the first oral option to rival best-selling shots. The FDA approved the pill, Icotyde, to treat…
Tom Brady looks on prior to an NFL game between the Baltimore Ravens and the Dallas Cowboys at AT&T Stadium in Arlington, Texas, Sept. 22, 2024. Cooper Neill | Getty Images Sport | Getty Images JPMorgan Chase has recruited some of the biggest names in American sports to help tackle a persistent problem: professional athletes…
A job seeker waits to talk to a recruiter at a job fair Aug. 28, 2025, in Sunrise, Fla. Marta Lavandier | AP The U.S. unemployment insurance system is not prepared for a recession, experts say — with benefits in many states falling far short of workers’ wages. Currently, most states offer maximum benefits far…
Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices. The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and energy…
Larissa Manoela and Josh D’Amaro, Chairperson of Walt Disney Parks and Resorts, wave to the audience after Panel Disney Experiences during Day 2 of the D23 Brazil: A Disney Experience at Transamerica Expo Center on November 09, 2024 in Sao Paulo, Brazil. Ricardo Moreira | Getty Images Disney is turning the page on a new…
Macy’s on Wednesday gave a cautious outlook for the year ahead, despite beating Wall Street’s quarterly sales and profit expectations as its namesake brand showed signs of progress. For the fiscal year, the company – which includes its namesake chain, higher-end department store Bloomingdale’s and beauty retailer Bluemercury – said it expects sales of between…