Fed holds rates steady, says more confidence needed in inflation slowdown
NEW YORK (Reuters) -The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them…
Day: January 31, 2024
Biogen drops Alzheimer’s drug Aduhelm, ending a 17-year chapter
(Reuters) -Biogen will end a post-approval study of Alzheimer’s treatment Aduhelm and return the licensing rights on the drug after…
Analysis-Megacap stocks keep lifting US market, but worries over their dominance grow
By Lewis Krauskopf NEW YORK (Reuters) -Earnings reports this week from five of the so-called Magnificent Seven stocks are putting…
New US ETF targets ‘Magnificent Seven’ mega-cap technology stocks
By Suzanne McGee (Reuters) – Tidal Financial Group and ZEGA Financial launched a new exchange-traded fund (ETF) designed to profit…