Eli Lilly could become the first $1 trillion healthcare stock

Eli Lilly could become the first  trillion healthcare stock

A sign with the company logo outside the headquarters of Eli Lilly and Company in Indianapolis, Indiana, March 17, 2024. Scott Olson | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Earlier this … Read more

Harris will beat Trump, Allan Lichtman predicts

Harris will beat Trump, Allan Lichtman predicts

U.S. Vice President Kamala Harris at the White House, Washington, U.S., July 22, 2024 and former U.S. President Donald Trump in Bedminster, New Jersey, U.S., August 15, 2024 in a combination of file photographs.  Nathan Howard | Jeenah Moon | Reuters The results are in, and Democratic presidential nominee Kamala Harris will defeat Republican rival Donald … Read more

Trump election interference case resumes in Washington

Trump election interference case resumes in Washington

Republican presidential nominee and former U.S. President Donald Trump speaks during a Fox News town hall hosted by Sean Hannity in Harrisburg, Pennsylvania, U.S. September 4, 2024.  Evelyn Hockstein | Reuters The federal criminal election interference case against Donald Trump resumed in Washington, D.C., on Thursday after a nearly year-long delay related to arguments on … Read more

Abbott launches its first over-the-counter continuous glucose monitor in the U.S.

Abbott launches its first over-the-counter continuous glucose monitor in the U.S.

A man wearing Abbott’s Lingo biosensor. Courtesy of Abbott Abbott Laboratories announced Thursday its over-the-counter continuous glucose monitor Lingo is available in the U.S. starting at $49.  Lingo is part of an emerging class of consumer-friendly biosensors that people can use to learn how their bodies respond to food, exercise, sleep and stress. These devices, … Read more

Ford truck, hybrid models lead to 13% increase in August sales

Ford truck, hybrid models lead to 13% increase in August sales

A Ford Raptor pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor’s U.S. vehicle sales jumped 13.4% last month, led by increases in the company’s F-Series trucks and hybrid models. The Detroit automaker reported sales Thursday of nearly … Read more

Mesa Quantum raised $3.7 million to build a GPS alternative

Mesa Quantum raised .7 million to build a GPS alternative

Flight delays in Sao Paolo, Brazil. Truckers led down unsafe routes in Richmond, Vermont. And power grid disruptions throughout Ukraine. These troubles stem from a global communication system highly reliant on GPS satellites and the signals they transmit for essential functions. To ensure that U.S. infrastructure won’t fall apart — even if the nation’s GPS … Read more

US private sector hiring misses expectations in August, may impact Fed’s rate decision

US private sector hiring misses expectations in August, may impact Fed’s rate decision

Washington: Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the health of the labor market comes under scrutiny. Private sector employment rose by 99,000 in August while job gains in July were revised down to 111,000, said ADP in a report. A consensus forecast … Read more

Rate cuts need to start before inflation’s 2%

Rate cuts need to start before inflation’s 2%

A ‘Now Hiring’ sign posted on the window of a business looking to hire workers on May 05, 2023 in Miami, Florida.  Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Saudi Arabia’s fiscal breakeven oil price is rising fast

Saudi Arabia’s fiscal breakeven oil price is rising fast

An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia, on Wednesday, Oct. 3, 2018. Simon Dawson | Bloomberg | Getty Images Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for … Read more

Can’t wait until 2% to start cutting rates

Can’t wait until 2% to start cutting rates

A “Now Hiring” sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more