Men stand near a billboard depicting an Israeli-flagged commercial ship on fire after it was struck by Houthi-allied Yemeni naval forces on a street on January 10, 2024 in Sana’a, Yemen. Mohammed Hamoud | Getty Images A container ship owned and operated by the United States was hit by an anti-ship ballistic missile from Houthi-controlled … Read more
Medical personnel use a mammogram to examine a woman’s breast for breast cancer. Hannibal Hanschke | dpa | Picture Alliance | Getty Images SAN FRANCISCO – Established but a promising group of cancer drugs was a hot market in 2023, and more companies could look to treatments to fuel growth in the coming year. That … Read more
Supporters of the Democratic Progressive Party (DPP) await the announcement of official results at the January 13, 2024 convention in Taipei, Taiwan. Annabelle Chih | Getty Images News | Getty Images TAIPEI – Taiwan’s ruling Democratic Progressive Party won an unprecedented third consecutive presidential term as incoming leader Lai Ching-te vowed to remain open in … Read more
Here are the most important news investors need to start their trading day: 1. Packaging Stock futures fell on Friday ahead of the week’s final trading session. However, all the major indices are still heading for weekly gains, despite what has seemed like near-daily stagnation since the start of 2024. The Dow Jones Industrial Average … Read more
Delta Air Lines closed the year by doubling its quarterly profit as demand for travel, especially international travel, helped drive record revenue in 2023. CEO Ed Bastian said continued strong travel demand could boost earnings this year. Still, the company cut its full-year profit outlook from a previous forecast, and shares fell 9% on Friday, … Read more
U.S. military aid to Ukraine has “stalled” and Congress has yet to authorize emergency spending requested by President Joe Biden’s administration in late October. National Security Council spokesman John Kirby said at a White House press briefing on Thursday that Washington “issued the last draw that we were supposed to fund.” “And that’s why it’s … Read more
CVS Health plans to close select pharmacies inside target stores earlier this year, a company spokesman said Thursday, as retail drugstore chains in the U.S. struggle to boost profits. The closures will begin in February and end by the end of April, the spokeswoman said in a statement. She added that employees affected by the … Read more
The US Treasury Building in Washington, DC on August 15, 2023. Nathan Howard | Bloomberg | Getty Images The U.S. government spent another half a trillion dollars in red ink in the first quarter of its fiscal year, the Treasury Department announced Thursday. For the period from October to December 2023, the budget deficit reached … Read more
Traders work on the floor of the New York Stock Exchange on August 2, 2023. Spencer Platt | Getty Images News | Getty Images Stock futures oscillated near a flat line Wednesday evening as Wall Street braced for the latest inflation data and the start of fourth-quarter earnings season. Futures tied to S&P 500 added … Read more
The US, China and India may take turns leading the global economy this century, according to an analysis by the Center for Economic and Business Research. The CEBR forecast suggests that China could potentially take the top spot as the world’s largest economy by gross domestic product as early as 2037. The forecast also sees … Read more