A flesh-eating parasite known as New World screwworm has been found in livestock in Texas, and traders are buzzing over potential winners in the stock market.Shares of Zoetis and Elanco Animal Health popped in Thursday's trading, and typically dormant options markets on the stocks woke up with a heavy bullish...
Year: 2026
The May jobs report will be released Friday. Here’s what to expect
A job seeker visits the recruiting booth for Generali Global Assistance during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena in Sunrise, Florida, April 30, 2026.Joe Raedle | Getty ImagesThe stronger-than-expected start this year for job creation could be in for a reality check when...
How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
A "double scar" of past inflation woes and geopolitical trauma is warping how consumers view the economy and threatening a drop-off in retail spending, new research from the European Central Bank showed.According to ECB researchers, euro area households have become more sensitive to the financial consequences of the Iran war...
The wealthiest investors are pulling money out of the U.S. in the ‘de-dollarization’ trade
Maskot Bildbyrå | Digitalvision | Getty ImagesFamily offices are planning the biggest changes to their portfolios in years, with many moving money out of the U.S., according to a new survey.Fully 60% of family offices plan to make strategic changes to their investment allocation in the next year – about...
Replimune to resubmit twice-rejected drug for approval after FDA shakeup
Thomas Fuller | Lightrocket | Getty ImagesReplimune plans to resubmit its melanoma drug to the Food and Drug Administration for review after a leadership exodus at the agency, the company said Friday. The FDA twice rejected Replimune's melanoma treatment under the previous FDA leadership, including former Commissioner Marty Makary, who...