STOCK MARKETKodiak Sciences shares more than doubled Monday after its lead eye-disease drug Zenkuda met the primary endpoint in a pivotal Phase 3 study while allowing more…
Sep 28, 2026•4 min read
ECONOMYU.S. mortgage rates have climbed back toward the highest levels of the past several years as a sharp selloff in government bonds pushes borrowing costs higher,…
Sep 26, 2026•5 min read
ECONOMYThe U.S. Treasury market has moved decisively into territory investors have spent years treating as a warning zone. The Treasury Department’s benchmark 10-year par yield rose…
Sep 26, 2026•5 min read
ECONOMYThe U.S. bond selloff intensified through the end of the week, pushing the benchmark 10-year Treasury yield to levels not seen since 2007 and raising the…
Sep 26, 2026•5 min read
ECONOMYPresident Donald Trump and Chinese President Xi Jinping used their White House summit to keep the U.S.-China economic relationship from sliding back toward last year’s trade…
Sep 25, 2026•4 min read
ECONOMYNew applications for U.S. unemployment benefits fell to 197,000 last week, keeping layoffs near levels rarely seen in modern labor-market data and strengthening the case that…
Sep 25, 2026•4 min read
STOCK MARKETAmerican workers are staying with their employers longer again, adding another piece of evidence that the unusually fluid post-pandemic labor market has given way to a…
Sep 25, 2026•4 min read
ECONOMYRemote and flexible work remain firmly embedded in the U.S. labor market, with roughly 51 million wage and salary workers working from home at least occasionally…
Sep 25, 2026•6 min read
ECONOMYGerman business confidence strengthened more than expected in September, adding to evidence that Europe’s largest economy is recovering despite another energy-price shock and tighter monetary policy.…
Sep 25, 2026•4 min read
ECONOMYArgentina’s poverty rate rose to 32.3% in the first half of 2026, reversing part of the improvement recorded last year as household incomes failed to keep…
Sep 25, 2026•5 min read
ECONOMYNorway’s central bank raised its policy rate by a quarter percentage point to 4.5%, completing a reversal of last year’s rate cuts as policymakers concluded that…
Sep 25, 2026•4 min read
ECONOMYBanco de México left its benchmark interest rate unchanged at 6.50% on Thursday for a third consecutive meeting, but the more important change came in what…
Sep 25, 2026•4 min read
STOCK MARKETRussia is preparing a broader round of taxes on investment income, commodity producers and cross-border commerce as the government raises its spending plans for 2027 and…
Sep 25, 2026•5 min read
STOCK MARKETMGM Resorts International shares fell roughly 11% Thursday after Barry Diller’s People Incorporated abandoned its attempt to take the casino operator private, removing a takeover premium…
Sep 24, 2026•4 min read
STOCK MARKETStitch Fix shares plunged 22.7% Thursday after the online styling company warned that revenue could shrink in fiscal 2027 and projected a sharp drop in adjusted…
Sep 24, 2026•5 min read