Hedge funds sell planes, trains, automobiles; buy energy stocks, says Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds sold industrial stocks at the fastest pace since December, while buying energy…
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With Harris at helm, Democrats meet with new hope and some old worries
By Jarrett Renshaw (Reuters) – In the five weeks since U.S President Joe Biden abandoned his flailing reelection bid, the…
Trump, Harris to vie for Pennsylvania votes with rally, bus tour
By Nathan Layne and Joseph Ax WILKES-BARRE, Pennsylvania (Reuters) – Republican Donald Trump and Democrat Kamala Harris will hold dueling…
GSK to seek dismissal of Florida case against heartburn drug Zantac
(Reuters) – British drugmaker GSK said on Friday it would seek a dismissal of an upcoming Zantac case in Florida,…
ExodusPoint’s assets drop $1 billion in first half
By Carolina Mandl NEW YORK (Reuters) – ExodusPoint Capital Management reported a $1 billion drop in assets under management in…
Harris aims at stubbornly high prices
(Reuters) – Vice President Kamala Harris’ speech in Raleigh, North Carolina, on Friday will focus on economics, and specifically around…
US expects billions in savings from Medicare drug price cuts of up to 79%
By Patrick Wingrove and Trevor Hunnicutt WASHINGTON (Reuters) -The Biden administration said on Thursday it has negotiated down the prices…
Brazil Senate committee again postpones vote on central bank financial autonomy
BRASILIA (Reuters) – A Brazilian Senate committee on Wednesday once again postponed a vote on a constitutional amendment proposal to…
Biden targets tumors with $150 million funding for ‘Cancer Moonshot’ program
By Jarrett Renshaw (Reuters) – President Joe Biden will announce Tuesday he is putting $150 million in new federal funding…
US producer prices rise less than expected in July
WASHINGTON (Reuters) – U.S. producer prices increased less than expected in July as a rise in the cost of goods…