Two graduate students research chemical products in a laboratory in Xiwangzhuang Town, Zaozhuang City, Shandong province of China, on Dec. 26, 2023.Nurphoto | Nurphoto | Getty ImagesBEIJING — For all the attention on U.S.-China competition in artificial intelligence, new studies point to China's rapid rise in biotechnology, especially for drug...
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Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect
A "We're Hiring" sign at a NC Department of Adult Correction booth at a job and resource fair hosted by the Asheville Area Chamber of Commerce in partnership with NCWorks in Fletcher, North Carolina, US, on Wednesday, April 9, 2025. Allison Joyce | Bloomberg | Getty ImagesThere seems little doubt now...
Dollar General is shaking off tariff fears and winning over higher-income consumers
Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will...
Dealmaking rebounds after Trump’s tariffs cut off a budding M&A boom
People walk by the New York Stock Exchange (NYSE) on June 18, 2024 in New York City. Spencer Platt | Getty ImagesHopes for an active year of mergers and acquisitions could be back on track after being briefly derailed by the Trump administration's sweeping tariff policies last month.Dealmaking in the U.S....
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024.Al Drago | Bloomberg | Getty ImagesFederal Reserve Governor Lisa Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse after tariffs work their way through...