Pfizer’s stock drops after drug giant lowers its revenue forecast
The pharmaceutical company updated its sales guidance for 2025, saying it now expects $62 billion in revenue for the year.
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Many young adults can’t buy a house — and they’ll pay for it in retirement
Younger households will need Social Security more than ever
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The Fed’s ‘dovish version of a hawkish cut’ signals shift in stock-market leadership, says Jeremy Siegel
A decline in short-term rates is positive for the balance sheets of businesses, banks and households, says Wharton professor
Broadcom’s worst three-day stock slide since 2020 marks a humbling of sorts
Meta is now worth more than Broadcom once again.
Ford to record $19.5 billion in special charges related to EV pullback
The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, Ford announced Monday.
Two Fed officials who rarely agree both say inflation will not be a problem going forward
Fed governor Stephen Miran and New York Fed President John Williams say they are not worried about inflation.
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