Australia’s Inflation Rate Rises in August
Australia's monthly consumer price index (CPI) rose 5.2% year-on-year in August, putting the Reserve Bank of Australia on alert for a potential interest rate increase by the end of the…
IDEAYA Biosciences Receives Fast-Track Designation for IDE161 in Advanced Breast Cancer
IDEAYA Biosciences has announced that the U.S. Food and Drug Administration (FDA) has granted fast-track designation to its development program focused on IDE161. This program aims to investigate IDE161 as…
North Korea to Expel U.S. Soldier Who Crossed Border
SEOUL, South Korea (AP) — North Korea announced its decision on Wednesday to expel a U.S. soldier who had crossed the heavily armed border between the Koreas in July. King…
AAR Reports Impressive Earnings Amidst Aerospace Recovery
AAR, a leading provider of airplane parts and services, has surpassed earnings expectations in its latest quarterly report, demonstrating a remarkable 23% growth in sales year over year. The aerospace…
Getty Images Utilizes AI to Create Novel Images
Getty Images, the renowned stock photography collection, now offers a unique service that allows customers to generate custom images using artificial intelligence (AI). Unlike other AI image generators, Getty's new…
ASML Holding Faces Potential Cuts to Orders in 2024
ASML Holding, the Dutch chip-equipment manufacturer behind advanced semiconductor production, saw a decline in its shares following concerns raised by TF International Securities analyst Ming-Chi Kuo. Kuo, known for his…
Citigroup in Talks to Sell Retail-Wealth Business in China to HSBC
Citigroup is currently engaged in discussions with British rival HSBC to sell its retail-wealth business in China, according to a source familiar with the matter. The deal, expected to be…
Negotiations Intensify as United Auto Workers’ Strike Continues
Negotiations between the United Auto Workers (UAW) and major auto makers are set to enter a crucial phase as a new deadline looms on Friday. With the threat of an…
Quince Therapeutics Advances Trials on EryDex
by Denny Jacob Quince Therapeutics announced its plans to move forward with trials on EryDex after the U.S. Food and Drug Administration (FDA) lifted the hold on EryDel's investigational new…
Bill Ackman’s Bet on Treasury Bonds Pays Off
Bill Ackman has had a successful summer with his bet on 30-year Treasury bonds. He recently discussed his reasoning behind the investment and his belief that yields will continue to…
Exelon Settles Fraud Charges
Exelon, a leading energy company, has agreed to pay a significant penalty of $46.2 million to settle fraud charges brought by the Securities and Exchange Commission (SEC). The charges are…
Bond Yields Ease Ahead of Data Release
Bond yields showed a decline on Friday as investors awaited data that could reveal a decrease in the inflation gauge favored by the Federal Reserve. This potential decline would mark…