Federal Reserve Decision Looming
The Federal Reserve is expected to cut interest rates on Wednesday after recent economic data showed slowing inflation and job growth. Traders are pricing in a 59% chance of a 0.5 percentage point rate cut.
Second Attempted Assassination on Trump
Former President Donald Trump was safe after what the FBI called a second apparent assassination attempt while he was at his Florida golf course. The gunman has been taken into custody.
Pfizer's Positive Trial Data
Pfizer announced successful trial results for ponsegromab, a drug that treats cancer cachexia, a life-threatening condition affecting cancer patients’ weight and appetite. The drug could become the first approved for this condition.
Shein and Temu Prices May Increase
Prices for Shein and Temu could rise by 20% due to a Biden administration proposal to close a tariff loophole, increasing costs for the Chinese-linked retailers.
DirecTV and Disney Agreement
DirecTV reached a deal with Disney, ending a blackout that had affected ESPN and other channels, just in time for "Monday Night Football." This agreement allows more streaming and package options for customers.
The Federal Reserve is expected to cut interest rates on Wednesday after recent economic data showed slowing inflation and job growth. Traders are pricing in a 59% chance of a 0.5 percentage point rate cut.
Second Attempted Assassination on Trump
Former President Donald Trump was safe after what the FBI called a second apparent assassination attempt while he was at his Florida golf course. The gunman has been taken into custody.
Pfizer's Positive Trial Data
Pfizer announced successful trial results for ponsegromab, a drug that treats cancer cachexia, a life-threatening condition affecting cancer patients’ weight and appetite. The drug could become the first approved for this condition.
Shein and Temu Prices May Increase
Prices for Shein and Temu could rise by 20% due to a Biden administration proposal to close a tariff loophole, increasing costs for the Chinese-linked retailers.
DirecTV and Disney Agreement
DirecTV reached a deal with Disney, ending a blackout that had affected ESPN and other channels, just in time for "Monday Night Football." This agreement allows more streaming and package options for customers.