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Newsmax Inc. said Thursday it plans to launch an initial public offering later this year or early in 2025 following to raise about $75 million, after a private placement for accredited investors.

A pair of late-stage trials found that Eli Lilly’s experimental once-weekly insulin can lower blood sugar as effectively as widely used daily insulins, the drugmaker said Thursday, intensifying the company’s race with Novo Nordisk to develop longer-acting insulins.

The number of Americans who applied for unemployment benefits last week fell slightly to 227,000 and touched a 8-week low, reinforcing the view that companies are reluctant to lay off workers even as they clamp down on new hiring.

Output per hour up 2.5% versus prior estimate of

Dividend investing strategies, Buffett’s birthday advice and what your latte says about the market.

increase in private-sector jobs smallest since 2021

Stocks are off to a tough start in September, but debt issued by many of the same companies remains a hot commodity

KBW lifts ratings on the three real estate investment trusts to outperform from market perform

Oil futures rose Thursday, attempting to get their footing after falling to their lows of 2024 on fears of an economic slowdown.

Space-based broadband company AST SpaceMobile is planning to launch its first five commercial satellites from Cape Canaveral on or after Sept. 12

Be careful: AI can elaborate on financial concepts but isn’t currently suitable for offering financial advice.

JPMorgan says it’s now neutral on Chinese equities.