Articles

Merck, J&J and Bristol Myers CEOs face drug-pricing grilling on Capitol Hill, but experts cite deeper problems under the radar

Lawmakers have emphasized gaps between U.S. list prices and overseas costs for a handful of drugs made by the three drugmakers.

Hilton’s stock rises as analysts welcome new partnership with boutique chain

Hilton Worldwide Holdings Inc.’s stock rose 1.2% Wednesday, reversing its early losses as analysts focused on a fourth-quarter profit beat and news of a new partnership.

MicroCloud Hologram’s stock surges on record volume, but don’t call it a short squeeze

Shares of MicroCloud Hologram Inc. rocketed toward a record gain on record volume Wednesday, just days after a reverse stock split took effect that helped lift the price back above the key $1 level.

Hockey Hall of Famer Chris Chelios drops the price on his magnificent Malibu mansion to $67.5 million

NHL legend Chris Chelios has lopped a chunk of money from his California home’s list price, but it’s still likely to net the former defenseman many millions.

Boomers make up 30% of consumer spending — so why do advertisers ignore them?

Ageist advertising misses out on a key audience, critics say.

Fed’s Barkin says it makes sense to be ‘patient’ on rate cuts

It is prudent for the Federal Reserve to take its time with interest-rate cuts, Richmond Fed President Tom Barkin tells MarketWatch.

Ford’s ‘hidden gem’ earns praise as a ‘standout’ in automotive industry

Ford stock jumps after the carmaker’s quarterly beat and as a “standout” unit carries the day, but analysts remain cautious about Ford.

Ford earnings spurs buying of bonds as spreads over U.S. Treasurys tighten

Ford Motor Co.’s stock rose 3% Wednesday after an upbeat earnings report that also spurred buying of its outstanding bonds and helped spreads tighten over U.S. Treasurys.

Pimco’s Wilding sees risk of inflation reigniting, prompting swift response by Fed

Just as investors are settling into the idea of no Federal Reserve interest rate cut soon, there’s another scenario gaining some support with the potential to upset financial markets this year.

Inflation is getting close to 2%, but Fed needs more proof it can stay there, Collins says

The chief of the Boston Federal Reserve said inflation has slowed faster than expected and that a reduction in interest rates would be suitable “later in the year” but added the central bank wants more certainty before it cuts interest rates.

Swiss inflation peaked at just 3.3% as prices surged around world. Here’s why.

A massive energy shock following Russia’s invasion of Ukraine in 2022 added to inflation pressures that ravaged eurozone economies following the onset of the COVID pandemic. Switzerland, meanwhile, stood apart.

Kugler wants to see further slowdown in inflation before Fed cuts interest rates

Federal Reserve Gov. Adriana Kugler said it would be “appropriate” to lower U.S. interest rates if inflation continues to slow, but she stressed “it is critical” that inflation returns to the central bank’s target of 2%.
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