Key Fed inflation gauge rose 2.8% annually as expected

A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. Sarah Silbiger | Reuters Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering interest rate cuts, according to a measure the central bank … Read more

Doctors visiting a Gaza hospital are stunned by the war’s toll on Palestinian children – The Denver Post

By WAFAA SHURAFA and KAREEM CHEHAYEB (Associated Press) DEIR AL-BALAH, Gaza (AP) — An international team of doctors visiting a hospital in central Gaza was prepared for the worst. But the gruesome impact Israel’s war against Hamas is having on Palestinian children still left them stunned. One toddler died from a brain injury caused by … Read more

Latest news on Russia and the war in Ukraine

Kyiv asks NATO partners for air defense supplies after Russia hits energy system Ukraine asked Western allies for air defense supplies at an extraordinary meeting of the NATO-Ukraine Council on Thursday after a spate of Russian missile attacks on critical and energy infrastructure, Ukraine’s mission to NATO said. Russia last Friday conducted its largest air … Read more

Walgreens (WBA) earnings Q2 2024

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.  Andrew Kelly | Reuters Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street’s expectations, but lowered the high end of its full-year adjusted earnings outlook in part due to a … Read more

Adam Neumann WeWork bid faces questions over financing, business plan

Israeli-American businessman Adam Neumann speaks during The Israeli American Council (IAC) 8th Annual National Summit on January 19, 2023 in Austin, Texas. Shahar Azran | Getty Images Adam Neumann has sent a preliminary offer to buy WeWork out of bankruptcy for more than $500 million, five years after he was ousted by the office-sharing company … Read more

Texas’ migrant arrest law is on hold for now under latest court ruling – The Denver Post

NEW ORLEANS — A Texas law that allows the state to arrest and deport migrants suspected of illegally entering the U.S. will remain on hold for now, a federal appeals court ruled. The order late Tuesday from the 5th U.S. Circuit Court of Appeals followed a March 20 hearing by a three-judge panel of the … Read more

Amazon spends $2.75B on Anthropic in largest venture investment yet

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race.  The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that’s widely viewed as a front-runner in generative artificial intelligence. Its foundation model and chatbot Claude … Read more

Latest news on Russia and the war in Ukraine

Ukraine gets a morale boost after Euros qualification Oleksandr Zinchenko and Artem Dovbyk of Ukraine celebrate after winning the UEFA EURO 2024 play-offs final match with Iceland at the Tarczynski Arena on March 26, 2024, in Wroclaw, Poland. Mateusz Slodkowski | Getty Images Sport | Getty Images Ukraine’s spirits were lifted Tuesday night after the … Read more

FDA approves Merck drug sotatercept for rare, deadly lung condition

The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for patients suffering from the rare disease. The agency greenlighted the therapy, which will be marketed as Winrevair, for adults with pulmonary arterial hypertension. The decision … Read more

Moderna says new Covid vaccine showed positive late-stage data

A nurse fills a syringe with Moderna Covid-19 vaccine. Fred Tanneau | Afp | Getty Images Moderna on Tuesday said a new version of its Covid vaccine triggered a stronger immune response against the virus than its current shot in a late-stage trial.  The results come as Moderna competes with rival Pfizer for more share … Read more