Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building in Washington, D.C.Andrew Caballero-Reynolds | AFP | Getty ImagesInflation is stubbornly above target, the economy is growing at about a...
Check out the companies making headlines in midday trading: Teva Pharmaceuticals , Sanofi — Shares of Teva Pharmaceuticals and Sanofi rose more than 23% and 6%, respectively, after the companies announced positive Phase 2b results for duvakitug, their joint treatment of moderate to severe inflammatory bowel disease. Pfizer —...
As the holiday season comes to a head and Wall Street tapers off from its post-election buzz, there are few noteworthy themes left to carry us through the remaining weeks of trading. However, on the day of this writing it’s Friday the 13th, a date that inspires superstition for...
Check out the companies making headlines in premarket trading. Pfizer — The drugmaker's stock climbed more than 2% in premarket trading after the company released 2025 forecast that met Wall Street expectations . Pfizer said it expects revenue between $61 billion and $64 billion next year, compared with a consensus estimate...
Pfizer CEO Albert Bourla speaks during a press conference after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the Pfizer factory in Puurs, Belgium, April 23, 2021.John Thys | ReutersDrugmaker Pfizer on Tuesday said it expects its 2025 profits to be nearly in line with...
Online merchants can usually pay up to 8% of every sale on an item to companies like PayPal, Apple Pay, and Stripe — and those costs are usually passed to consumers. So-called ‘account-to-account’ or ‘A2A’ payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit...