Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
How Calvin Klein and Tommy Hilfiger got caught in Trump's trade war with China
The owner of Calvin Klein and Tommy Hilfger has been placed on China’s unreliable entities list, which could force it to ...
Amazon set to pass Walmart in revenue for first time
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.
5 things to know before the stock market opens Thursday
Stock futures are little changed as investors aim for a third-straight winning session. Google is the latest tech giant to ...
Last month set record for world's hottest January, EU scientists say
Copernicus says the world warmed to yet another monthly heat record in January, despite an abnormally chilly U.S. and ...
Eli Lilly to release late-stage data on next-generation weight loss drug retatrutide in 2025, earlier than expected
Eli Lilly expects to read out results from a study in people with obesity and osteoarthritis of the knee in 2025.
Strong Taco Bell sales fuel Yum Brands earnings beat
Results were fueled by strong sales for KFC's international restaurants and Taco Bell. Net sales climbed 16% to $2.36 billion ...
Tariffs: How they work, who pays for them and why Trump loves them
President Donald Trump in his inaugural speech credited President William McKinley for making the United States “very rich” ...
Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
The company also issued a 2025 guidance that fell short of expectations, as some of the company’s older drugs face ...
Eli Lilly posts mixed quarter even as demand for weight loss, diabetes drugs soars
The results were consistent with the preliminary results Eli Lilly shared in January, which disappointed investors.
WATCH: Heat fan breaks news of Jimmy Butler trade to teammates during game
A Miami fan broke some major news to Heat players from behind the bench during their game against the Sixers — an interaction ...
Israel begins preparations for Gaza exodus as Egypt lobbies against Trump plan
Israel says it has begun preparations for the departure of large numbers of Palestinians from the Gaza Strip in line with President Donald Trump’s plan for the territory.