Obesity drug data helps Rhythm defy market slide
Study results in a rare form of obesity could help the company expand use of Imcivree, which is approved for two genetically driven forms of excess weight.
Study results in a rare form of obesity could help the company expand use of Imcivree, which is approved for two genetically driven forms of excess weight.
Wall Street eyes bear market territory as Trump’s tariffs triggered a global selloff. The S&P 500 is projected to drop over 20% from February highs, fuelling recession fears among experts.View on euronews
VCs gathered at a summit hosted by Red Sea Ventures to discuss consumer tech investing as President Trump announced his tariff plans.
President Trump then told media aboard Air Force One: “I don't want anything to go down, but sometimes you have to take medicine to fix something.”
The White House does not seem concerned enough about crashing global stock prices to reverse its massive trade tariffs, and the Federal Reserve appears in no hurry to deliver rapid interest rate cuts. * On Sunday, Trump indicated he was not concerned about losses that have already wiped out trillions of dollars in value from share markets around the world. Taiwan's president has taken to X to pledge a "golden age" of shared prosperity with the U.S.
Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year. The post LTL stocks bloodied post-Liberation Day, estimates cut ahead of Q1 reports appeared first on FreightWaves.
President Donald Trump warned Americans in 2024 that a vote for Vice President Kamala Harris would be a vote for a market meltdown.
(Bloomberg) -- Europe’s defense and aerospace stocks plunged on fears that US tariffs could upset the industry’s supply chains, and as investors booked profits on some of the region’s best-performing shares of 2025.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsWhat Would ‘Transport
Wall Street leaders issued warnings on U.S. tariffs, with JPMorgan Chase CEO Jamie Dimon saying they could have lasting negative consequences, while fund manager Bill Ackman said they could lead to an "economic nuclear winter." In Dimon's annual letter to shareholders, published on Monday following a rout last week that wiped off trillions of dollars from global stock markets, he expressed concern about how the tariffs would impact America's long-term economic alliances. "The economy is facing considerable turbulence (including geopolitics)," Dimon wrote.
European equities' impressive start to 2025 has been obliterated in three sessions of heavy selling, while executives tot up the potential impact of U.S. tariffs on supply chains, possibly forcing them to ditch previous financial predictions. U.S. President Donald Trump's tariffs are more sweeping than many market players feared, sending global stocks plummeting as investors flee to safe-haven assets amid recession worries. Companies in Europe's STOXX 600 index, which had its best first-quarter relative to the U.S. S&P 500 in a decade, had been expected to report unbroken quarterly earnings growth through 2025 and into 2026, according to LSEG data.