The 2% monthly decline in existing-home sales reflected higher mortgage rates and a housing market stuck…
Day: September 10, 2026
The ECB raised interest rates for the second time this year, as resurgent energy prices reignited concerns over inflation
Resurgent oil and gas prices have reignited concerns over price pressures.
U.S. Mortgage Rates Top 7% For First Time in 15 Months
Rates had steadily tumbled to about 6% in late February, but reversed when the U.S. and…
A monthslong selloff in government bonds is skidding into dangerous ground, pushing borrowing costs toward levels that some fear will finally damage the stock market and the economy
Rising borrowing costs threaten to disrupt the stock market and slow the economy.
A new report shows 90% of major brand-name biologic drugs losing exclusivity over the next decade have no low-cost competitors in development
A new industry report shows 90% of major brand-name biologic drugs losing exclusivity over the next…
Chinese biotech companies are training their sights on one of the most lucrative medicines: GLP-1s
Long a maker of low-end generic drugs, the country is now home to biotech firms that…
Trump’s Top Advisers Confront Possibility That Iran War Lasts Through End of Term
The president still says he expects the war will end “immediately” after midterm elections this fall.
With Close Calls on U.S. Warships, Iran Shows New Appetite for Escalation
Tehran’s forces are taking aim at the U.S. Navy in a way they haven’t done since…
Drone Deal Kicks Off Consolidation in Ukraine’s 500-Company Industry
An Erik Prince-backed defense technology firm scooped up a Ukrainian maker of unmanned ground vehicles in…
South Korea Nears Agreement on Billions in U.S. Investments, a Win for Trump
The potential deals, which could include large investments in nuclear energy, are part of last year’s…