business news
FDA official calls UniQure’s gene therapy a ‘failed’ treatment for Huntington’s disease
Thomas Fuller | SOPA Images | Lightrocket | Getty Images UniQure needs to run another study to prove that its gene therapy “actually helps people with Huntington’s disease,” a senior U.S. Food and Drug Administration official said on a call with reporters Thursday. The official, who requested anonymity before discussing sensitive information, confirmed the agency […]
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Anthropic officially told by DOD that it’s a supply chain risk even as Claude used in Iran
New York Times columnist Andrew Ross Sorkin and CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images The Department of Defense has officially informed Anthropic’s leadership that the […]
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Trump says he will replace DHS Secretary Kristi Noem with Sen. Markwayne Mullin
U.S. Homeland Security Secretary Kristi Noem attends a House Judiciary Committee hearing on “Oversight of the Department of Homeland Security” to testify, on Capitol Hill in Washington, D.C., U.S., March 4, 2026. Elizabeth Frantz | Reuters President Donald Trump on Thursday said Homeland Security Secretary Kristi Noem was leaving her post, and that she would […]
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House Speaker Johnson calls on Texas Rep. Gonzales to drop reelection bid
Rep. Tony Gonzales, R-Texas, does a TV news interview in the U.S. Capitol on Tuesday, Feb. 3, 2026. Bill Clark | CQ-Roll Call, Inc. | Getty Images House Republican leaders on Thursday called on Rep. Tony Gonzales to drop his bid for reelection after the Texas Republican admitted to having an affair with a staff […]
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Broadcom CEO’s copper commitment tanks Corning shares — but sellers are mistaken
Shares of optics maker Corning are tumbling Thursday, likely in response to comments from well-respected Broadcom CEO Hock Tan on the chipmaker’s earnings call the prior evening. But the market reaction seems like a clear-cut overreaction based on Corning’s own guidance and industry outlook. A key pillar of our investment thesis in Corning is the […]
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Oaktree’s Howard Marks says there’s no systemic problem with private credit
In this article BX Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO3:3003:30 Howard Marks: No systemic problem with private credit Money Movers Veteran investor Howard Marks said he doesn’t see a widespread problem brewing in private credit, but warned that the sector’s rapid expansion over the past 15 years could expose weaker lenders when […]
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Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and […]
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Iran foreign minister: Not asking for cease fire, warns U.S. invasion ‘would be a big disaster for them’
Iran’s foreign minister Abbas Araghchi, speaks during a press conference at the Lutfi Krdar Congress Center on the sideline of the 51st session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC), in Istanbul on June 22, 2025. Ozan Kose | Afp | Getty Images Iran’s foreign minister said Thursday that […]
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U.S. crude oil tops $79 per barrel after Iran says it attacked a tanker
U.S. crude oil prices on Thursday broke above $79 per barrel after Iran claimed to have attacked a tanker. The price of West Texas Intermediate oil was last up 6.86%, or $5.12, at $79.78 per barrel, while global benchmark Brent rose 4.31%, or $3.51, to $84.91 per barrel at 11:30 a.m. ET. Oil prices have […]
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Cloud stocks jump, head for best day in nearly a year despite broad market declines
Traders work on the floor at the New York Stock Exchange, March 3, 2026. Brendan McDermid | Reuters Cloud and software stocks were a rare bright spot amid Thursday’s market drop. The WisdomTree Cloud Computing Fund (WCLD) gained 2.7%, putting the exchange-traded fund on track for its best day since April 24, when it jumped […]
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