Type: research

A new experimental drug, daraxonrasib, has shown promising results in extending survival for patients with advanced pancreatic cancer, potentially marking a significant advancement in treatment options for this challenging disease.

The experimental lung cancer drug ivonescimab from Akeso and Summit Therapeutics has shown a 34% reduction in the risk of death in a late-stage trial, which could position it as a significant player in the oncology market, particularly for squamous non-small-cell lung cancer patients.

The recent analysis reveals that over 3.5 million individuals have lost access to food stamp benefits due to changes implemented by the 'big beautiful bill' signed by President Trump, highlighting a significant increase in food insecurity amid rising inflation and stricter eligibility requirements.

U.S. travelers to Europe can reclaim value-added tax (VAT) on purchases, potentially saving significant amounts, especially on luxury goods. However, many miss out due to lack of awareness about the refund process.

The ongoing Iran war has exacerbated economic inequality in the U.S., despite rising stock prices and corporate profits, which may impact political dynamics ahead of the midterm elections.

The rising costs of artificial intelligence are forcing U.S. companies to reconsider their spending on AI versus human labor, presenting a significant challenge for CFOs as they navigate budget constraints and efficiency issues.

Morgan Stanley identifies several companies that could significantly enhance investor returns by initiating dividend payments, highlighting their potential for outsized performance in the market.

Federal Reserve Governor Michelle Bowman's warning against raising interest rates in response to inflation highlights the central bank's cautious approach to economic policy amid rising prices, which could influence market expectations and investor sentiment.

Recent research from the European Central Bank indicates that consumers in the euro area are becoming increasingly cautious about spending due to lingering effects from past inflation and geopolitical tensions, particularly the ongoing conflict in Iran. This shift in consumer sentiment could lead to a significant decline in retail spending, impacting economic growth.

A recent survey by Lombard Odier reveals that while a significant majority of wealthy families in Asia prioritize preserving their wealth across generations, many lack adequate succession plans, highlighting a critical gap that could jeopardize their financial legacies.