Articles

IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out

IGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.

Why investors are still buying gold despite a strong dollar and rising Treasury yields

Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt investors seek out safe-haven assets.

FanDuel owner Flutter takes $370 million hit from NFL bettors. Blame these winning teams.

Flutter said this football season has seen the most “customer-friendly” NFL outcomes since the launch of online sports betting.

How helpful is auto-enrollment in 401(k) plans?

Making saving easy remains essential

Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget

We told you he would months ago, when he made the promise.

Are Roth IRAs really better? Not necessarily.

Roths may be overrated for most investors, new research suggests.

Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.

A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.

UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.

UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.

Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly

Zepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment costs about $1,000 a month without insurance.

Micron’s stock leads the S&P 500 for 2025. Here’s why more gains could follow.

An analyst sees big upside ahead, fueled by rapid growth in high-bandwidth memory for AI.

December jobs report forecast is 155,000. But here’s the number investors really should watch.

Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.

Fed’s Collins says her concerns about labor-market fragility have decreased

The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.
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