The firm sees “close to no chance” of a recession over the next 12 months, but a 38% probability in the following year.
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Goldman sees risks rising for a ‘mild’ recession, but not for at least another year
World
Eli Lilly agrees to acquire cancer drug maker Kelonia in deal worth up to $7 billion
The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake | Reuters Eli Lilly will acquire biotech company Kelonia Therapeutics in a deal worth up to $7 billion, the company said Monday. Lilly will pay $3.25 billion upfront, and the remaining payments are contingent upon clinical, […]
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USA Rare Earth to buy Brazil’s Serra Verde for $2.8 billion to build supply outside Asia
USA Rare Earth has announced plans to buy Brazilian rare earths miner Serra Verde in a deal worth $2.8 billion in cash and shares, as it seeks to challenge China’s dominance of the supply chain. The Oklahoma-headquartered company said it will pay $300 million in cash and $126.9 million in its own newly issued stock […]
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World
Major 7.5-magnitude quake hits off Japan, triggers tsunami warnings
This photo shows a warning message on a screen from a live feed on NHK with tsunami alert after an earthquake hit northern Japan, in Tokyo on April 20, 2026. Philip Fong | Afp | Getty Images A magnitude 7.5 earthquake struck off the northeastern coast of Japan on Monday, prompting authorities to urge residents […]
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