Major drugmaker loses $27 billion in market value after failed trial
Two companies announced on Thursday that the heart disease drug they had been developing failed its Phase III trial.
Higher gas prices aren’t the only way rising tensions with Iran will hit home
Wall Street expects President Donald Trump’s call that the Iran cease-fire is over will hurt airlines and home builders more than it will help oil companies.
Levi Strauss beats quarterly expectations, raises guidance and dividend
Levi Strauss beat quarterly expectations on the top and bottom lines during its fiscal 2026 second quarter.
Levi’s is finding new ways to win customers — by looking toward tops and ‘denim luxury’
Jeans maker raises its full-year outlook for the second straight time, but shares fall after hours
Manhattan office leasing sees strongest gains in 20 years
During the second quarter, office leasing volumes were 31.3% above the 10-year average, according to a new report from Colliers.
A ‘few’ Fed officials said there was a case for a rate hike in June, minutes from Warsh’s first meeting show
A “few” Federal Reserve officials said there was a case for raising interest rates in June, according to minutes released Wednesday from the central bank’s meeting last month.
Used EVs keep getting more expensive amid Iran war, high gas prices
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
As a red-hot global stock market stumbles into bear territory, this Wall Street bull spots a dip worth buying
Tom Lee of Fundstrat says he’s buying the dip, and not scared off by Samsung’s losses
Delta launches 'basic business' fares without lounge access, seat selection
Delta is launching basic business and other stripped-down premium classes that come with fewer perks.
Rivian’s stock sale triggers worst rout for the shares in nearly two years
Rivian’s stock falls 18% as Wall Street frets about the EV maker’s cash troubles.
