Europe’s most valuable company said Chinese regulators have approved its marketing application to sell Wegovy as a long-term weight-loss treatment for patients with obesity.
The Federal Reserve should not be considering cutting interest rates given the continued risk that inflation remain sticky or even move higher, Fed Governor Michelle Bowman said Tuesday.
Fundstrat’s Mark Newton sees a short-lived tech and market selloff running its course and urges a focus on some other sectors largely ignored up to now
The Fed’s annual stress tests are important to bank shareholders because they have an impact on dividends and stock buybacks, which typically enrich the value of share prices.
Walmart Inc. and Amazon.com Inc. have announced their competing summer shopping events, offering discounts on a wide range of goods to inflation-weary consumers.