Economy

A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an “unprecedented” achievement: its experimental cancer drug looked more effective than Merck ‘s Keytruda in a clinical trial. The company, Summit Therapeutics licensed the drug from Chinese company Akeso Inc. In October, a group of life science investors announced they were putting […]

Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized […]

A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are easing. The producer price indexwhich measures what producers get for their goods and services, increased by a seasonally adjusted 0.4% on the month, compared with the Dow Jones estimate for 0.3%, the […]

Talk about Asia’s travel recovery is still largely focused on the return of Chinese travelers.But it’s Indians travelers who are searching for international trips faster than travelers in any other market in the world, Agoda’s CEO, Omri Morgenshtern, told CNBC Travel.”The entire thing is booming,” he said. “India outbound [travel] is growing much faster than… […]

Keir Starmer, leader of the Labour Party, campaigns ahead of the general election, in Redditch, UK, on Wednesday, July 3, 2024. Bloomberg | Bloomberg | Getty Images LONDON — Polling stations in the U.K. general election are set to close at 10 p.m. local time (5 p.m. ET), as the incumbent Conservative Party seeks to defy […]

With Microsoft’s new Surface Pro Flex Keyboard, you can type and use the trackpad without the accessory being physically connected to the 11th edition of the Surface Pro. Jordan Novet | CNBC When Microsoft announced its new line of Windows PCs in May, the company said the computers were “designed for AI” with new chips […]

For breakout pop star Chappell Roan, the journey to success has been full of twists, turns and detours. Roan, whose given name is Kayleigh Rose Amstutz, signed to Atlantic Records at age 17 after gaining popularity on YouTube. She released her debut EP “School Nights” in 2017 and, a year later, moved to Los Angeles […]

Expats who live and work in Panama are among the happiest in the world, according to the latest Expat Insider report from InterNations, the global community for people who live abroad. Panama was named the No. 1 country for expats out of 53 countries in this year’s report, which surveyed more than 12,500 people in […]

A wide body aircraft emblazoned with Amazon’s Prime logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. To match Insight AMAZON.COM-SHIPPING/ REUTERS/Mark MakelaREUTERS/Mark MakelaSarah Rhoads, who was responsible for Amazon’s burgeoning air cargo business, is shifting roles to oversee the e-retailer’s workplace health and safety… […]

A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines pulled some meal options from dozens of international flights on Wednesday hours after the […]