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Pharma Stocks Slump on Presidential Ultimatum To Cut Prices

Pharmaceutical stocks slumped after President Donald Trump sent letters to 17 drugmakers with an ultimatum to reduce drug ...

Cooling Labor Market Strengthens Case for a September Interest Rate Cut

The US labor market saw a sharp contraction in July, adding just 73,000 jobs, falling significantly short of FactSet’s ...

Trump and the dollar are doing something we saw just before the October 1987 stock market crash

But there is a non-statistical basis for concern: an ominous parallel with the financial environment that prevailed in the weeks leading up to the October 1987 stock-market crash. On that day - Black ...

Dow Jones Top Company Headlines at 7 PM ET: Figma Had a Dazzling IPO. It Could Have Been $3 Billion Better. | Exxon ...

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess. Wal-Mart de ...

Dow Jones Top Markets Headlines at 7 PM ET: A Weak Jobs Report and Revised Tariff Plans Send Markets Reeling | Cooling ...

Cooling Job Market Opens Door to September Cut Despite Inflation Jitters A key question for the Fed will be whether the economy is weakening or whether a recent slowdown in job growth reflects ...

Bovespa Index Ends the Week 0.81% Lower at 132437.39 — Data Talk

The Bovespa Index is down 1086.79 points or 0.81% this week to 132437.39 --Today it is down 633.66 points or 0.48% --Down 1552.35 points or 1.16% over the last two trading days ...

Dollar Gains 1.69% to 18.8611 Mexican Pesos — Data Talk

Dollar/Mexican peso: 18.8611 Mexican pesos per dollar (0.0530 dollar per Mexican peso) --Off 9.53% from its 52-week high of 20.8489 hit Thursday, Jan. 16, 2025 ...

Dollar Gains 0.62% to 1.3788 Canadian Dollars — Data Talk

Dollar/Canadian dollar: 1.3788 Canadian dollars per dollar (0.7253 dollar per Canadian dollar) --This week the dollar gained 0.62% vs. the Canadian dollar ...

Boeing Gets $883.1 Million U.S. Army Contract

Boeing has secured a contract with the U.S. Army valued at $883.1 million. The Defense Department said Friday the cost-plus-fixed-fee contract is for cargo engineering and logistics support services.

EchoStar Is Trying to Thread a Needle While Balancing on One Leg

EchoStar has made a massive bet on wireless spectrum, spending about $30 billion (more than $100 per EchoStar share) to acquire various spectrum licenses over the past 15 years. Shareholders are now ...

RTX Gets Defense Logistics Agency Pact for Up to $50 Billion

RTX has secured a contract with the Defense Logistics Agency with a maximum value of $50 billion, the Defense Department said. The 20-year umbrella contract was awarded to RTX for systems and end-item ...

Palantir Gets $10 Billion U.S. Army Pact to Transition Existing Contracts

Palantir received a $10 billion contract from the U.S. Army, the Defense Department said. The award is a firm-fixed-price contract transitioning existing contracts in which Palantir is currently a ...