A gene therapy by Vertex Pharma has turned out to be a money spinner for the company. Cystic fibrosis patients live on borrowed air. Patients with this genetic disorder have thicker than normal mucus form in Read more…
Consumer prices in the USA rose by 0.8% in February as expected. Inflation for the same month a year earlier was 7.9% compared to 7.5% a month earlier and in line with average forecasts. Over Read more…
The billionaire has become one of Ukraine’s biggest supporters since Russia invaded the country. Elon Musk is already revered by an army of Tesla (TSLA) – Get Tesla Inc Report fans, who do not hesitate to Read more…
Amazon’s surprise 20-for-1 stock split, the first in two decades, could help the world’s largest retailer tackle one of its biggest challenges. Amazon’s (AMZN) – Get Amazon.com, Inc. Report first stock split in more than 20 Read more…
The 7.9% consumer-price increase in the 12 months through February barely includes the Ukraine war’s impact. When it comes to inflation, you probably ain’t seen nothing yet–at the gas pump, in your grocery store and Read more…
A long-delayed project gets closer to reality, and its owners have their sights set on a huge piece of business. The pandemic robbed Las Vegas of an important part of its business model. Even after Read more…
Crypto prices are coming down one day after Biden signed his executive order on cryptocurrencies. Well, that didn’t last long. Bitcoin and other digital currencies were sliding Thursday, one day after President Joe Biden signed Read more…
The Japanese yen continues to lose ground to the US dollar. USD/JPY has climbed above the 116 line for the first time since early February. The yen is on its heels, as USD/JPY is within Read more…
While stock buybacks are generally seen as a positive, they can put pressure on company balance sheets. Companies that spend billions of dollars buying back their shares are usually rewarded with higher stock prices. That’s Read more…
Markets Markets yesterday staged a broad risk-on repositioning since the start of the Russian invasion in Ukraine, hoping that mutual economic retaliations at least would come to a pause. There was even hope that a Read more…