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Novo Nordisk sinks 10% after weight loss drug fails to match Eli Lilly’s in trial
Novo Nordisk stock fell over 10% Monday after it said its next-generation weight loss drug didn’t meet its primary target. The drug, CagriSema, didn’t achieve its primary endpoint of demonstrating non-inferiority on weight loss when compared to Eli Lilly‘s rival drug tirzepatide after 84 weeks, Novo said in a statement Monday morning. Eli Lilly‘s stock […]
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Iran and U.S. diverge in views on sanctions relief, senior Iranian official tells Reuters
Protesters carry a large “Lion and Sun” pre-Iranian Revolution national flag of Iran, during the ‘March for a Free Iran’, held by Britain’s Iranian Committee for Freedom and Stop The Hate, in London, Britain, on Jan. 18, 2026. Toby Melville | Reuters Iran and the United States have differing views over the scope and mechanism […]
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Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department, […]
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U.S. trade deficit totaled $901 billion in 2025, barely budging despite Trump’s tariffs
A Chinese flag flutters atop a China customs building, at a terminal of the Yantian port in Shenzhen, Guangdong province, China, Oct. 30, 2025. Tingshu Wang | Reuters The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the […]
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Airbus falls 5% after targeting only 870 deliveries this year as Boeing competition tightens
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. Qantas Airbus said Thursday it expects to deliver 870 commercial aircraft in 2026, slightly fewer than the roughly 880 analysts had expected. It comes as pressure is building for the European planemaker, with U.S. rival Boeing showing signs of recovery after years […]
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Former South Korean president Yoon Suk Yeol gets life sentence over martial law attempt
SEOUL, SOUTH KOREA – APRIL 21: Former South Korean President Yoon Suk Yeol arrives for his criminal trial on insurrection charges at a courtroom of the Seoul Central District Court on April 21, 2025 in Seoul, South Korea. The second trial regarding former President Yoon Suk-yeol’s charge of leading a rebellion hold at the Seoul […]
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Fed officials split on where interest rates should go, minutes say
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now but could resume later in the year only if inflation cooperates. While the decision to hold the central bank’s benchmark rate steady mostly was met with approval, the path ahead appeared less certain, with members conflicted […]
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Japan’s economy avoids technical recession, but fourth-quarter rebound misses expectations
Pedestrians stand in front of an electronic quotation board displaying the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on Feb. 3, 2026. Kazuhiro Nogi | Afp | Getty Images Japan’s economy grew 0.1% in the fourth quarter of 2025 compared with the previous three months, narrowly avoiding a technical […]
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Consumer prices rose 2.4% annually in January, less than expected
The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease. The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month, the Bureau of […]
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Tariff revenue soars more than 300% as U.S. awaits Supreme Court decision
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, Jan. 13, 2026. Cfoto | Future Publishing | Getty Images The U.S. government in January ran up a smaller deficit than a year ago, while tariff collections surged and provided a reminder of how pivotal a long-awaited […]
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