Red Bull Team Principal Christian Horner in the team principals press conference during day two of F1 Testing at Bahrain International Circuit on February 22, 2024 in Bahrain, Bahrain. Kym Illman | Getty Images Sport | Getty Images Christian Horner’s complainant has been suspended following Red Bull’s investigation into allegations of inappropriate behavior against the … Read more
Sonali Pier is a portfolio manager with Pimco Pimco’s Sonali Pier strives for outperformance. The youngest of three and the daughter of Indian immigrants, Pier set her sights on Wall Street after graduating from Princeton University in 2003. She began her career at JPMorgan as a credit trader, a field that doesn’t have a lot … Read more
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is back Thursday on Capitol Hill, offering to the Senate Banking Committee his second day of congressionally mandated testimony on the state of the economy … Read more
This week, bill pay service doxo released its annual Household Bill Pay report, which breaks down how much the average U.S. household spends on essentials, including auto loans, utilities, health insurance, mortgages, and rent. The report found that 32% of American households pay rent and that their average monthly cost is $1,300. According to doxo’s … Read more
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag pictured in the background. Justin Tallis | AFP via Getty Images An EU law that seeks to rein in large digital companies has officially kicked in, spelling big changes for primarily U.S. tech giants. The European Union’s … Read more
Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters Cigna on Thursday unveiled a new effort to expand insurance coverage for weight loss drugs by limiting how much health plans and employers spend on the highly popular treatments each year. … Read more
European Central Bank policymakers on Thursday lowered their annual inflation and growth forecasts, as they confirmed a widely expected hold of interest rates. Staff projections now see economic growth of 0.6% in 2024, from a previous forecast of 0.8%. They presented a more positive picture on inflation, with the forecast for the year brought to … Read more
American Eagle on Thursday announced a new strategy to boost profitable growth over the next three years, as the retailer said it wrote off $94 million in impairment charges related to its internal logistics business Quiet Platform. The company also reported holiday earnings that beat Wall Street’s expectations thanks to strong demand and lower markdowns … Read more
Jonathan Raa | Nurphoto | Getty Images Novo Nordisk shares climbed 7% on Thursday, hitting a fresh record high after the Danish pharmaceutical giant reported positive early trial data for a new experimental weight loss drug. The company told an investor meeting that the Phase I trial of its highly-anticipated obesity drug amycretin showed a … Read more
(NewsNation) — For the first time since the Houthi rebel attacks in Yemen began, an attack Wednesday in the Gulf of Aden turned deadly. Three crew members on a commercial ship were killed as a result of the missile attack, and survivors were forced to abandon the vessel, the U.S. military said. U.S. Central Command … Read more
