Cavan Images | Cavan | Getty ImagesPresident Joe Biden has floated plans to address the country's affordable housing issues, including new tax breaks for first-time homebuyers and "starter home" sellers. However, experts have mixed opinions on the proposals."I know the cost of housing is so important to you," Biden...
Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023.Victoria Klesty | ReutersThe Food and Drug Administration approved Novo Nordisk's blockbuster weight loss drug Wegovy for use in slashing the risk of serious cardiovascular complications in people with obesity...
Satellite manufacturer Terran Orbital is "looking at everything" regarding the company's future, CEO Marc Bell told CNBC, as it considers Lockheed Martin's acquisition offer."We found out about [Lockheed's takeover bid] when the rest of the world found out about it," Bell said on CNBC's "Manifest Space" podcast.Lockheed's proposal submitted...
Check out the companies making headlines in midday trading. Nvidia — Shares fell nearly 5%, as Nvidia took a breather from its winning streak. Earlier in the session, the stock notched a new 52-week high. The chipmaker has gained 7% week to date and is headed for its ninth...
Novo Nordisk CEO Lars Fruergaard Jørgensen on Friday said the company's experimental weight loss pill, amycretin, could eventually become a best-in-class treatment for obesity. The Danish drugmaker is racing to capitalize on the runaway success of its blockbuster weight loss drug Wegovy by developing a new generation of treatments for...
Chevrolet All-Electric Blazer EVScott Mlyn | CNBCDETROIT – General Motors is reducing the price of its new Chevrolet Blazer EV as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues.GM halted sales of the EV in late December following reports by customers and...
A sign posted outside a restaurant looking to hire workers in Miami on May 5, 2023.Joe Raedle | Getty Images News | Getty ImagesUnemployment among Black women fell in February as the number of those looking for work increased, data released Friday by the U.S. government showed.The U.S. unemployment...
10'000 Hours | Digitalvision | Getty ImagesIn an increasingly digital world, the specter of financial fraud looms large, especially for older adults. My experience with an 81-year-old client offers a stark illustration.While assisting "Emma" (not her real name) with email issues, I witnessed her vulnerability to scams firsthand. Despite...
