GOP law cut Big Pharma tax rates by 40%, Senate report says
Senate Finance Committee Democrats said the Republican bill resulted in billion of dollars in tax savings for pharmaceutical companies.
WHO says mpox outbreak, the largest in history, no longer global health emergency
Mpox started rapidly around the world last year, resulting in more than 87,000 cases and 140 deaths across 111 countries, according to WHO data.
Americans are spending big with credit cards. Here’s what that means for the possibility of a recession
U.S. consumer spending buoyed by mounting credit card debt may be delaying a recession.
Alphabet trading at highest since August as Wall Street cheers Google’s A.I. plans
Analysts seemed pleased that Google’s announcements will keep it at the forefront of the AI race and generate returns for the company.
There’s a buying opportunity in India’s banks. How to capitalize on it
India remains highly underbanked despite its large population.
U.S. Covid public health emergency ends, leaving behind a battered health system
Experts agree the U.S. has many more tools to fight Covid today, but warn the virus will remain a persistent threat to the nation’s battered health-care system.
Fed Governor Waller casts doubt on need to conduct climate change tests for banks
Waller on Thursday said that conducting special tests for how banks are preparing for such risks probably shouldn’t fall under the Fed’s purview.
U.S. holds ‘candid’ talks with China amid Russia’s war in Ukraine
U.S. officials aim to deter China from providing weapons or other support for Russia during its war in Ukraine.
Job growth cools for college grads, but ‘there’s still a lot of opportunity,’ career expert says
Although the overall outlook is positive, some industries are starting to cut back on new college graduate hires.
Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease
Wholesale prices rose less than expected in April, according to a Labor Department report Thursday.
