By Julie Steenhuysen and Deena Beasley (Reuters) -The U.S. Food and Drug Administration on Friday approved the Alzheimer’s drug lecanemab…
Wall St rallies as jobs, services data calm rate hike worries
By Sinéad Carew and Ankika Biswas (Reuters) – Wall Street’s main indexes all gained more than 2% on Friday after…
U.S. FAA names experts to review Boeing safety culture after fatal crashes
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it had named 24 experts to review…
U.S. job growth solid in December; wage growth slows
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy added jobs at a solid clip in December, pushing the unemployment…
U.S. jobs report breathes life into Fed’s ‘soft landing’ scenario
By Howard Schneider and Ann Saphir NEW ORLEANS/SAN FRANCISCO (Reuters) – A jump in the workforce and easing wage growth…
U.S. VC funding cools from 2021 record as investors keep their powder dry
By Krystal Hu (Reuters) – Funding for U.S. startups fell by one-third from their peak in 2021, according to PitchBook…
Mixed emotions as McDonald’s leaves Kazakhstan
ALMATY (Reuters) -Workers removed the branding from McDonald’s outlets in Kazakhstan’s biggest city, Almaty on Friday after the fast food…
Southwest Airlines forecasts loss after mass holiday cancellations
By Abhijith Ganapavaram and Kannaki Deka (Reuters) -Southwest Airlines Co said on Friday it expects to post a loss in…
New York sues Celsius Network founder Mashinsky, alleges crypto fraud
By Jonathan Stempel NEW YORK (Reuters) -New York’s attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he…
Fed’s more gradual rate hike path should limit economic harm, Barkin says
By Lindsay Dunsmuir (Reuters) – The Federal Reserve’s move to smaller interest rate hike increments will help limit damage to…