An aerial view of homes in San Francisco, Aug. 27, 2025. Justin Sullivan | Getty Images The share of U.S. homeowners with high rates on their mortgages has jumped sharply in just the last few years. That’s having a marked impact on the refinance market and a somewhat more muted impact on home sales. Rates…
Eli Lilly and Company’s logo is displayed during a press conference in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Wednesday posted fourth-quarter earnings and revenue and 2026 guidance that blew past estimates, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soars. The pharmaceutical giant…
A Super Bowl LX sign is seen at Civic Center Plaza in San Francisco, Friday, Jan. 30, 2026. Stephen Lam | San Francisco Chronicle | Hearst Newspapers | Getty Images The Super Bowl is prime real estate every year for advertisers eager to get their brands in front of millions of consumers at once. It’s…
Merck on Tuesday reported fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some newer products. But the company posted a modest 2026 outlook that fell short of Wall Street’s expectations as it prepares for a few drugs to lose patent protection later this year and face generic…
PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by improving organic sales across its business. Demand for the company’s snacks has been sluggish as consumers balk at higher prices. This year, Pepsi plans to lower prices on products like chips from its North American food division to “improve competitiveness and the purchase…
Pfizer on Tuesday reported fourth-quarter results that topped estimates even amid dwindling demand for its Covid products, while reaffirming its modest 2026 guidance that rattled investors in December. The pharmaceutical giant is looking to longer-term investments in its pipeline, including its $10 billion acquisition of the obesity biotech Metsera, to counter waning Covid product sales…
Smith Collection | Archive Photos | Getty Images Pfizer on Tuesday said its experimental obesity drug, which it acquired through Metsera, drove solid weight loss when taken once a month in a mid-stage trial. “The data are very good, and we are saying one clear thing, that we have a monthly product that has a…
Skynesher | E+ | Getty Images With tax season underway, many filers are expecting bigger refunds due to retroactive changes enacted in President Donald Trump‘s “big beautiful bill.” One expanded tax break in particular could trigger a sizable windfall for certain filers, experts say. For 2025, the legislation raised the federal deduction limit for state and…
The New York Stock Exchange welcomes executives and guests of Chipotle (NYSE: CMG) to the podium, on Friday, December 12, 2025, to celebrate the milestone of 4,000 restaurants. To honor the occasion, Scott Boatwright, CEO, joined by Chris Taylor, Chief Development Officer, NYSE, rings The Opening Bell®. Chipotle Mexican Grill is expected to report its…
President Donald Trump’s “big beautiful bill” may affect when some older individuals retire, due to its new work requirements for Medicaid and the Supplemental Nutrition Assistance Program, or SNAP. The law introduced Medicaid work requirements for certain individuals up to age 64. States have until Jan. 1, 2027, to adopt the new requirements. The One…