Pfizer earnings and revenue top expectations despite Covid vaccine sales decline
Pfizer’s quarterly earnings topped analysts’ expectations, despite a sales decline driven by the lower demand for the company’s Covid vaccine.
FAA sued over SpaceX Starship launch program following April explosion
The FAA is sued by environmental groups over SpaceX Starship Super Heavy launch.
Tech group urges Biden administration to keep child care requirement for chips funding
Some Republicans and companies have criticized the conditions on the CHIPS Act funds.
The Federal Reserve is expected to hike rates one more time. What that means for you
This could mark the 10th time the Fed has raised its benchmark interest rate over the past year or so. Here’s what that means to your wallet.
Morgan Stanley’s top strategist says second half profits will disappoint — so own these stable growers
Better-than-feared earnings have spurred investor optimism for a second-half recovery. But weakness in some recent macroeconomic data points to trouble ahead.
Supreme Court to consider weakening power of federal agencies in fisheries case
The justices will consider the latest business-led challenge to federal bureaucracy as part of the “war on the administrative state.”
FAA launches faster, high-altitude flight routes to avoid congestion along the East Coast
The FAA estimated that the new routes would reduce about 6,000 minutes of travel time a year.
10-year Treasury yield rises ahead of Fed meeting
U.S. Treasury yields edged higher Monday as the Federal Reserve’s FOMC prepares to meet.
This Supreme Court is slow to issue rulings — glacially slow
The court has disposed of only 15 cases, with 44 cases yet to be decided before the usual conclusion of the term in June.
It might be Jonah Peretti’s last chance to turn BuzzFeed around
BuzzFeed’s stock has fallen below $1 per share and faces the prospect of delisting unless the stock recovers.
