Tag: the Fed

Sino Biopharma spends $951m to acquire China-based LaNova Medicines

Market
Hong Kong-listed Sino Biopharmaceutical will acquire China-based oncology specialist LaNova Medicines in a deal that will not exceed $951m, representing one of the largest transactions within the Asia-Pacific pharmaceutical...

US Inflation data: Consumer prices jump to 2.7% in June; Fed rate cut in doubt as Donald Trump faces pressure

Business
U.S. inflation climbed to 2.7% in June, marking the highest level since February, driven by rising costs for gas, food, and groceries. This increase reverses months of cooling inflation and exceeds May's 2.4% rise....

Dow rises, Nasdaq slips after key Fed inflation gauge shows faltering progress

Market
US stocks diverged Wednesday as investors digested fresh data that showed inflation made little progress toward the Fed's 2%...

Indexes drop as tech shares slide before Apple, Amazon earnings

Market
Indexes fell for a second day on Thursday as a huge week for tech...

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