Economy

The Alzheimer’s drug Leqembi is seen in this undated handout image obtained by Reuters on Jan. 20, 2023.Eisai | ReutersThe new Alzheimer’s antibody treatment Leqembi could cost Medicare up to $5 billion per year, according to research published in a leading medical journal this week.Medicare would spend about $2 billion per year if around 85,700… […]

Mark Pomerantz, author, “People vs. Donald Trump: An Inside Account,” appears on “Meet the Press” in Washington, Feb. 12, 2023.William B. Plowman | NBCUniversal | Getty ImagesA former prosecutor refused Friday to answer questions at a deposition by the House Judiciary Committee about a criminal investigation of Donald Trump in which he once played a… […]

The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty Images SK Hynix shares nosedived on Wednesday as exponential second-quarter earnings and revenue growth failed to satisfy analysts’ supercharged expectations for an artificial-intelligence darling. Here are […]

Signage outside a Nordstrom Rack retail store in New York, Aug. 25, 2022.Gabby Jones | Bloomberg | Getty ImagesShoppers are hungry for deals as they pay more for food and necessities. People are looking for clothes and accessories as they juggle parties, vacations and days at the office again.But that has not helped Nordstrom’s off-price chain,… […]

Allies of Florida Gov. Ron DeSantis are reportedly planning to execute a controversial money transfer to free up tens of millions of dollars to support his expected 2024 presidential campaign.DeSantis, widely considered former President Donald Trump’s top potential Republican primary rival, won his 2018 gubernatorial race and easily clinched reelection in 2022 with the help… […]

The wreckage of the Jeju Air aircraft that went off the runway and crashed lies at Muan International Airport, in Muan, South Korea, December 30, 2024. Kim Hong-ji | Reuters Aviation experts are questioning the role of an airport design that positioned a mound of dirt and a concrete wall past the end of a […]

The 10-year U.S. Treasury yield rose Tuesday, capping a year that saw the benchmark yield push higher even as the Federal Reserve cut short-term rates. The 10-year Treasury yield finished the day up by about 3 basis points at 4.57%, reversing declines from Tuesday morning. The 2-year Treasury yield was last down by 1 basis […]

Semiconductor stocks fell on Tuesday following weakness in Asia and Europe. Nvidia ticked 1% ower while Intel sank 6% and AMD fell 8%. Memory chipmaker Micron dropped 10%, while Seagate lost 11% and Sandisk and Western Digital each lost about 12%. The moves followed a bout of heavy selling in Asia. In South Korea, SK […]

An Indonesian worker walking next to a screen featuring market trading information at the Indonesia Stock Exchange (IDX) in Jakarta. Little Brother Berry | AFP | Getty Images Attractive valuations, quick intervention by local financial regulators and a gradual return of foreign investors have helped Indonesian stocks reach bull-market status after hitting a five-year low […]

Protesters raise slogans, hold placards and wave Indian flags during a gathering organized by supporters of the Cockroach Janta Party after the resignation of Education Minister Dharmendra Pradhan over exam paper leaks, in Mumbai, India, on July 26, 2026. (Photo by Indranil Aditya/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Prime Minister Narendra […]