China consumer inflation stays tepid, factory-gate prices continue to fall
Wednesday’s figures came as no surprise for many economists, who expect inflation to stay low throughout the year as a drawn-out property slump continues to dent consumer confidence and spending.
First Ariane 6 launch of European rocket
This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty Images The powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday as the region returned […]
Is my boss a narcissist? ‘Certain industries are going to draw more narcissistic people’
Ramani Durvasula, author of “It’s Not You: Identifying and Healing from Narcissistic People,” says some industries attract more narcissists than others. Is yours one of them?
Why home prices are still rising even as inventory recovers
Anyone out shopping for a home today knows there is still precious little for sale. The housing market is just beginning to come out of its leanest few years in history. Inventory of both new and existing homes is finally rising, but there is something suddenly strange in the numbers: The supply of newly built […]
Prescription-drug middlemen face more pressure from FTC in new report
The Federal Trade Commission on Tuesday ramped up the pressure on prescription-drug middlemen who influence the accessibility and affordability of medications.
Nonalcoholic beer maker Athletic Brewing raises $50 million
Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s nonalcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut. Spencer Platt | Getty Images Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General […]
Oil prices edge lower after Beryl leaves energy infrastructure largely unscathed
Oil futures lost ground Tuesday after Hurricane Beryl appeared to leave Texas energy infrastructure with little damage.
Gravitics lands $125 million order from Axiom
A pathfinder for Gravitics’ 4-meter space station module design in use for developing manufacturing and assembly methods. Gravitics Washington-based startup Gravitics has signed a $125 million contract to expand Axiom Space’s planned space station, the latest deal in the burgeoning private market for orbiting habitats. “Working with the station operator that will have hardware on […]
Treasury yields steady as market prepares for Powell testimony
Treasury yields were little changed as investors eyed a fresh update on Federal Reserve thinking.
Why theater owners are worried
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the proposed union has been touted as perfect match by those […]
