Fannie Mae’s David Pulte has sparked controversy with a one-word critique of Fed Chair Jerome Powell, highlighting tensions over interest rates and housing affordability. This bold move has ignited debate across financial sectors, questioning the Fed’s impact on the struggling housing market.
A new off-the-shelf stem cell therapy for type 1 diabetes shows promising results, potentially restoring insulin production. This accessible treatment could transform diabetes care, reduce costs, and improve lives, though further research is needed for long-term safety and efficacy.
Novo Nordisk’s new amylin-based weight-loss drug shows similar efficacy across doses but high side effects, sparking debate over optimal dosage. As the company weighs safety and effectiveness, its decision could reshape the competitive obesity treatment market.
Toyota Motor Corp. will raise prices on select US vehicles by over $200 starting in July, citing rising production costs and supply chain issues. This move could influence consumer behavior and set a trend in the automotive industry, impacting buyers amidst economic challenges.
Jet fuel prices in Europe are soaring due to Middle East conflict, threatening supply routes. Diesel costs are also at a 15-month high, exposing reliance on Gulf imports. Airlines face fare hikes, while broader economic and environmental concerns grow amidst calls for energy diversification.
Dive into the Bezos-Sánchez wedding, dubbed the event of the decade, set in romantic Venice. With a star-studded guest list and unmatched opulence, this celebration merges love and power, captivating the world with its fairy-tale charm.
A once-popular restaurant chain faces potential closure or sale after shutting nearly a third of its locations. Struggling with rising costs and shifting consumer trends, the brand’s future hangs in the balance as analysts speculate on a possible acquisition to save it.
Eli Lilly’s new daily obesity pill shows promise in a Phase 3 trial, matching the effectiveness of injectables like Mounjaro for weight loss and blood sugar control. This oral alternative could revolutionize treatment accessibility and impact healthcare costs.
A major supermarket chain plans to close 60 stores nationwide, sparking concerns for employees and communities. Announced on June 21, 2025, the move reflects retail challenges like e-commerce competition and shifting consumer habits. The closures highlight the need for adaptation in a rapidly evolving industry.
A top economist suggests Trump’s tariff strategy could generate $400 billion annually for U.S. taxpayers while benefiting global trade. This unconventional approach might redefine economic policy, balancing revenue with international cooperation, though risks of trade wars loom large.
