The Fed probably won’t be delivering any interest rate cuts this summer
Investors likely will have to sweat out a summer during which it looks increasingly unlikely that the Federal Reserve will be cutting interest rates.
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
The UAW alleges Mercedes-Benz fired pro-union workers, forced workers to attend anti-union meetings, and interfered with workers’ ability to advocate.
Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak
Boeing and NASA are moving forward with a June 1 launch attempt of the first crewed Starliner mission despite a “stable” leak in its propulsion system.
The key for markets next week will be inflation as stocks try to maintain record highs
The April personal consumption expenditures report will give investors another look at the inflation picture.
Two CVS retail stores in Rhode Island join new national pharmacy union
The votes at the CVS stores signal growing momentum in a movement to help thousands of U.S. pharmacy workers address what they call unsafe working conditions.
Here’s how U.S. health officials are responding to bird flu in humans after second case
A strain of bird flu called H5N1 has been confirmed in dairy cows in nine U.S. states, as well as in two people.
Eli Lilly to invest another $5.3 billion in Indiana plant to expand Mounjaro, Zepbound supply
Demand for the drugs Mounjaro and Zepbound has far outpaced supply over the last year, forcing Eli Lilly to invest heavily to scale up its manufacturing.
Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years
With Nvidia’s stock price rising over 9% on Thursday to close at almost $1,038, the value of CEO Jensen Huang’s stake rose by $7.7 billion.
OpenAI sends internal memo releasing former employees from controversial exit agreements
OpenAI on Thursday sent an internal memo releasing former employees from non-disparagement agreements that did not expire, which had incited controversy.
Frontier Airlines CEO urges crackdown of ‘rampant abuse’ of airport wheelchair service
Frontier CEO Barry Biffle said he has seen flights where 20 people were brought in wheelchairs at departure, with only three using them upon arrival.
