New York Democrat Tom Suozzi wins special House election, cuts slim GOP majority
Democratic candidate Tom Suozzi faced off against Republican Mazi Pilip in a special election to fill the seat vacated by expelled ex-Rep. George Santos.
Here’s the most troubling part for market bulls in the CPI report
Core CPI, which excludes volatile food and energy prices, is proving stickier than expected and unsettling investors.
Tesla board silent as investors await next steps after court revokes Elon Musk’s $56 billion pay package
Legal experts expect Elon Musk’s team to appeal a recent ruling that voided the Tesla CEO’s 2018 pay package.
Prices rose more than expected in January as inflation won’t go away
The consumer price index was expected to show a 0.2% increase in January, according to economists surveyed by Dow Jones.
Biogen revenue and profit shrink on Aduhelm costs, slumping sales of multiple sclerosis therapies
The results come amid the rollout of Biogen and Eisai’s Leqembi, the first drug found to slow the progression of Alzheimer’s to win FDA approval.
Restaurant Brands earnings beat estimates, fueled by strong Tim Hortons sales
Restaurant Brands earnings beat expectations as Tim Hortons performed better than expected.
Coca-Cola sales beat estimates, helped by higher prices
Coca-Cola sales rose as higher prices helped the beverage giant overcome lower volume in North America.
China and Russia no longer perceived as top security threats, research finds
China and Russia are considered less of a threat to Western populations now than a year ago, as public concern pivots to non-traditional risks, according to new research.
Criminal sentencing of Binance founder CZ postponed to late April
Binance Founder Chanpeng “CZ” Zhao has twice lost bids to travel to his home in the United Arab Emirates before his criminal sentencing.
Wish’s deep discount sale to Singapore’s Qoo10 ramps up competition for Temu and Shein
Wish’s new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.
